The Cardano Glossary
Find the meanings of popuar words used in the Cardano Blockchain & Project Catalyst.
| Term | Main definition |
|---|---|
| Validator |
A participant on a proof-of-stake (PoS) blockchain, involved in validating blocks for rewards.
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| Vaporware |
A cryptocurrency project that is never actually developed.
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| Venture Capital |
A form of private equity provided to fund small, early-stage firms considered to have high growth potential.
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| Veteran Community Advisor |
Veteran community advisors are community advisors that help review the proposal assessments made by community advisors for a given funding round. Veteran community advisors need to have already completed a funding round as a community advisor before they can become a veteran community advisor.
|
| Virtual Automated Market Makers (vAMMs) |
A virtual Automated Market Maker (vAMM) is a system that provides synthetic (or virtual) liquidity, allowing traders to buy and sell derivatives entirely on the blockchain.
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| Virtual Reality (VR) |
Virtual reality (VR) technology is used to simulate an immersive artificial world that can mimic or transcend reality. V
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| Virus |
Computers are usually infected with a virus when a user unknowingly installs it via a downloaded file.
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| Vitalik Buterin |
Vitalik Buterin is one of the creators of Ethereum, the second-largest cryptocurrency after Bitcoin.
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| Volatility |
A statistical measure of dispersion of returns, measured by using the standard deviation or variance between returns from that same security or market index.
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| Voltaire | |
| Volume |
Amount of tokens bought and sold in 24 hours.
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| Voter |
Voters are those who vote in the governance phase on the proposals that they want to see get funded. Voters can be anyone who owns Ada and meets the minimum voting threshold.
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| Voter Registration |
Voters are required to register to vote in Project Catalyst. To register to vote a person has to download the voting app and register their Cardano address in the allotted time for voter registration for a given fund.
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| Voting Rewards |
Voters are compensated for voting in a given funding round as a reward mechanism for increasing participation.
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| Voting Snapshot |
When the voting deadline is reached a snapshot is taken to capture the votes from every registered voter for that given moment. Voters can replace their existing vote as many times as they like before the voting snapshot deadline.
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