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Blockchain & Crypto Glossary
PoolTogether is a decentralized open-source blockchain protocol that makes use of "no-loss prize pools." The system works by allowing users to deposit their crypto into a specific pool and..
A Ponzi scheme is a type of fraudulent investment or scam, often characterized by promising dramatically high rates of return and minimal risk to investors. Ponzi schemes generally function..
The Relay Chain is the main protocol and most powerful component of the Polkadot network. It is responsible for maintaining network consensus with the help of the hybrid GRANDPA and BABE..
Polkadot is a decentralized blockchain network protocol designed to allow independent blockchain networks to connect and transfer data between one another through cross-chain interoperable..
Politeia is an off-chain, structured governance system implemented by Decred with the goal of fostering an environment of open communication. Politeia is designed to encourage users to share..
Point of sale (POS) can refer to the physical or virtual location of a customer's purchase of an item, or the actual physical point-of-sale device (typically a special handheld or stationary..
The Plutus platform is a smart contract development platform designed by IOG and the Cardano blockchain ecosystem. Plutus smart contracts consist of both on-chain computerized code that runs..
Play to earn (P2E) describes a type of gaming whereby users earn incentivized rewards by participating in ongoing gameplay. Typically, play-to-earn gaming allows players to earn in-game..
Platform as a Service (PaaS) or Application Platform as a Service (aPaaS) is a specific category of cloud computing infrastructure similar to Software as a Service (SaaS) that allows..
A blockchain platform usually refers to any type of distributed blockchain network that can be used to develop, create, and run applications or other related technology on top of it..
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