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Blockchain & Crypto Glossary
An autonomous economic agent (AEA) is a software entity capable of performing actions without external control or input. Once created and given a directive, AEAs can operate on their own..
An automated market maker (AMM) is a fully automated decentralized exchange (DEX) where trades are made against a pool of tokens called a liquidity pool. An algorithm regulates the values..
An automated clearing house (ACH) is an electronic network that processes financial transactions in the U.S. An ACH payment pulls funds directly from a user's bank account and deposits them..
Authorization is a procedure that verifies a user's degree of access. It determines a user's permission and access to content or resources. Authorization generally comes after successful..
Authority Masternodes (AMs) maintain network consensus and the security of the VeChainThor blockchain. AMs are responsible for block propagation on the platform and enable VeChainThor's..
Authentication is a procedure that verifies the identity of a user before access is granted. To gain access — to an account, platform, private space — the user provides login credentials..
The Augur Decentralized Oracle System is Augur's proprietary oracle system, which was built to help data from the physical world and the blockchain world communicate. Augur's oracle system..
Augmented reality (AR) is an interactive experience that enhances objects from the real world through computer-generated perceptual information, via various sensory mechanisms including..
An audit is a process that involves the thorough analysis of a blockchain's codebase, or a particular application's smart contracts, in order to identify errors in code, incorrect design..
An auction is a type of market that allows buyers and sellers to engage with each other through bidding. Auctions have the benefits of elevated liquidity and price discovery.
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