The Cardano Glossary
Find the meanings of popuar words used in the Cardano Blockchain & Project Catalyst.
Term | Main definition |
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Mainnet | |
Malware | |
Marlowe |
a domain-specific programming language (DSL) that is built on top of Plutus functionality. Marlowe can be used for financial purposes. There is a friendly Marlowe playground - an environment where non-technical users can easily execute smart contracts prewriting specific conditions.
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Max Supply |
The best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. *see Circulating Supply and Total Supply.
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Megahashes Per Second |
Megahashes per second (MH/s) is a unit of measurement that equals one million hashes per second.
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Memecoin | |
Memorandum of Understanding (MoU) |
A Memorandum of Understanding (MoU) is defined as a written agreement between two or more parties, which is legally-non binding.
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Merkle tree |
a data structure used in blockchain applications to encode data in a secure and efficient way. The Merkle tree allows a block of transactions to be generated in a single hash, which is used to verify its validity to the original set of transactions. Using hashes is time efficient and does not require the validation of every transaction from the chain history.
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Metadata |
a set of additional data stating certain transaction conditions or owner details. In smart contracts, metadata represents conditions under which a deal should execute. In a non-fungible token, metadata can store owner ID, ownership status, or intellectual rights.
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MetaMask | |
Metaverse | |
Micro Cap |
A digital asset with a very small market capitalization is referred to as a micro-cap stock/asset/cryptocurrency in the financial sector.
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Micropayment |
A micropayment is essentially a small transaction that is carried out online and can be as small as a fraction of a cent.
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Microtransaction | |
Miners | |
Minimum Voting Threshold |
Each fund has a minimum voting threshold in Ada that they must have to participate in voting.
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Mining |
A process where blocks are added to a blockchain, verifying transactions. It is also the process through which new bitcoin or some altcoins are created.
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Mining Farm | |
Mining Pool | |
Mining Reward | |
Mining Rewards | |
Mining Rig |
Equipment that is used for mining cryptocurrencies.
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Mnemonic Phrase |
A list of words used in sequence to access or restore your crypto assets.
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Mobile Wallet |
A mobile wallet is a crypto wallet installed on a mobile device.
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Money Laundering |
Money laundering is a technique used for illegal businesses to hide their money from the authorities.
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Moore's Law | |
Moving Average (MA) |
Moving Average (MA) is a technical indicator that reacts to the trends of the financial markets and is used by market experts to predict the direction of an asset's trend.
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Moving Average Convergence Divergence (MACD) |
A technical analysis method.
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Multi-Coin Wallet | |
Multi-Signature (Multi-Sig) |
An added layer of security by requiring more than one key to authorize a transaction.
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Multisignature |