The Cardano Glossary
Find the meanings of popuar words used in the Cardano Blockchain & Project Catalyst.
Term | Main definition |
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Balance wallet |
a wallet that stores your initial testnet ada balance, copied from the mainnet via the balance snapshot. The stake from this wallet cannot be delegated but can be transferred to and delegated from a Rewards wallet.
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Bandwidth | |
Basho |
fourth phase of Cardano development in which performance improvements will be integrated.
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Bear | Someone who believes that prices in a given market will decline over an extended period. Such a person might be referred to as “bearish.” |
BEP-2 (Binance Chain Tokenization Standard) | |
BEP-20 | |
Beta (Release) | A software pre-release stage where its access is offered to a set number of users & third-party software testers for testing it under real-world settings. |
BFT |
Byzantine fault tolerance (BFT), is a property in the system that ensures there is resistance to certain types of failures. A BFT system can continue to operate even if some nodes fail or malicious behavior occurs.
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Bitcoin ATM (BTM) | An automated teller machine (ATM or cashpoint) that allows the user to buy and sell Bitcoin. |
Block | A file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. |
Block Explorer | An application enabling a user to view details of blocks on a given blockchain. Also known as a blockchain browser. |
Block Size | In blockchain technology, block size refers to the amount of data about transactions a single block in the chain can carry. |
Byron |
first 'bootstrap' phase of Cardano development.
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