The Cardano Glossary

Find the meanings of popuar words used in the Cardano Blockchain & Project Catalyst.

There are 9 entries in this glossary.

Term	Main definition
Network	A network refers to all nodes in the operation of a blockchain at any given moment in time.
Newb	A newb is someone that is new to a certain industry.
Nick Szabo	Nick Szabo is the inventor of Bit Gold and the use of smart contracts.
Ninava	The nation of Ninava lies far to the east.
No-Coiner	A no-coiner is someone who has no cryptocurrency in his or her investment portfolio and firmly believes that cryptocurrency in general will fail.
Nominators	Nominators are one of two main actors who are involved in a blockchain network that uses the nominated proof-of-stake (NPoS) consensus algorithm.
Non-Custodial	Usually referring to the storage of keys, in relation to wallets or exchanges, a non-custodial setup is one in which private keys are held by the user directly.
Non-Fungible Token	Non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility.
Non-fungible token (NFT)	a unique asset that is not interchangeable with any other asset(s). Non-fungible assets represent specific information (IP rights for example), and act as one unit that cannot be divided into smaller fractions.

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