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Blockchain & Crypto Glossary

Blockchain & Crypto Glossary: What is Parent Chain?
A parent chain is a classification used to describe the relationship between the mainchain and various subnetworks or sidechains in a blockchain network ecosystem. Parent chains are..
Blockchain & Crypto Glossary: What is Parallel Processing or Parallelization?
Parallel processing is a way of processing data in a parallel or side-by-side format on a blockchain network (or via other types of computer network infrastructure) in order to execute..
Blockchain & Crypto Glossary: What is Parallel Augur (ParaAug)?
Parallel Augur (ParaAug) is the system that was designed to enable the use of two separate user interfaces (UIs) — two different Augurs — to allow for various DeFi and prediction market use..
Blockchain & Crypto Glossary: What is Parachain Slot Auction (Polkadot and Kusama)?
A Parachain Slot Auction is a process that allows potential parachain blockchains to compete with each other in the hopes of securing a parachain slot on the Polkadot Relay Chain..
Blockchain & Crypto Glossary: What is Parachain Slot (Polkadot and Kusama)?
Parachains are Polkadot-based independent blockchains that connect to and run off of the Polkadot network's main Relay Chain. Parachains can also be considered shards (with entire..
Blockchain & Crypto Glossary: What is Parachain (Polkadot and Kusama)?
Parachains are Polkadot-based independent blockchains that connect to and run off of the Polkadot network's main Relay Chain Parachains can also be considered shards (with entire blockchains..
Blockchain & Crypto Glossary: What is Paper Wallet?
A paper wallet is an offline crypto storage method (a piece of paper) that includes a user's private key, public key, and wallet address. They are used to store and transact cryptocurrencies..
Blockchain & Crypto Glossary: What is OXT?
OXT is Orchid's native utility crypto asset that helps facilitate Orchid's VPN-based blockchain network infrastructure and community. The Orchid network utilizes a payment mechanism called..
Blockchain & Crypto Glossary: What is Oversold?
Oversold is a subjective term that refers to an asset that has recently traded at a reduced price relative to its perceived potential for a near-term bounce or price increase..
Blockchain & Crypto Glossary: What is Overledger Network (Quant)?
Overledger is the Quant Network's interoperability blockchain platform. The system uses an application programming interface (API) designed for financial services for banks including..