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Blockchain & Crypto Glossary
Network latency, or network lag, is the time it takes for data to be transferred from its source to its destination. Low network latency (meaning very fast data transmission times) is..
A network effect occurs when a network grows from an initial small reach to having an extremely large network, thus increasing the utility of the goods and services it provides..
Network congestion occurs when the speed or quality of a network's service is reduced due to an overwhelming volume of transactions. Congestion can occur when a network experiences..
The Network Baseline Model is Filecoin's schedule for minting tokens, which is tied to growth in the protocol's storage capacity. While tokens are only minted via block rewards, 70%..
Net present value (NPV) is a measurement of cash flows over a specific time period that is often used to determine profitable budgeting strategies and capital allocations for different..
Net interest income (NII) is a financial metric used to measure the difference between revenue generated and interest paid on different types of assets such as securities, loans, mortgages..
A nested blockchain is a decentralized network that utilizes a main blockchain to set parameters for the broader network, while executions are undertaken on an interconnected web..
NeoID is NEO's digital identity solution. It allows various assets and node holders to be evaluated through a blockchain-based identification system. This means that Consensus Node ownership..
NeoFS, or Neo File Storage, is a distributed, decentralized object storage network designed to allow decentralized applications (dApps) to store files in a similar fashion to file storage..
NEO and GAS (not to be confused with the gas fees native to the Ethereum network) are the two native cryptocurrencies of the Neo blockchain protocol. NEO acts as the primary currency..
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