The Cardano Glossary
Find the meanings of popuar words used in the Cardano Blockchain & Project Catalyst.
Algorithmic Contract Types Unified Standards. A taxonomy and standard for financial contracts.
A place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers.
Adrestia is a collection of products which makes it easier to integrate with Cardano. It is made of several application programming interfaces (APIs), command-line interfaces (CLIs), and software development kits (SDKs). Alternatively, Adrestia may also refer to the team working on the project itself.
A process or set of rules to be followed in problem-solving or calculation operations, usually by a computer.
A person who trades cryptocurrencies alternative to Bitcoin.
|Annual Percentage Yield (APY)||
Annual percentage yield (APY) is the rate of return gained over the course of a year on a specific investment. Compounding interest, which is computed on a regular basis and applied to the amount, is factored into the APY.
|Anti-Money Laundering (AML)||
A set of international laws enacted to curtail criminal organizations or individuals laundering money through cryptocurrencies into real-world cash.
|Automated Market Maker (AMM|
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)|
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.
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.
|Bitcoin ATM (BTM)||
An automated teller machine (ATM or cashpoint) that allows the user to buy and sell Bitcoin.
An application enabling a user to view details of blocks on a given blockchain. Also known as a blockchain browser.
first 'bootstrap' phase of Cardano development.
Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change.
contract for difference. Part of a wider group of trading products known as derivatives, they are a popular method of trading stocks, bonds, and commodities that allow you to speculate on the price.
a set of blocks that have been produced and are connected to another in consecutive order.
A challenge is a specific problem or focus area that aims to help improve the Cardano ecosystem. Challenges could range from attracting software developers, creating DApps, improving decision making or making improvement proposals to Cardano itself. Anyone can try to address a challenge in a funding round by submitting a proposal with their idea.
Challenge setting is a challenge where the community come up with proposals for what challenges should be set for future funds. Proposals for challenge setting will include the purpose of the suggested challenge and how it would help the ecosystem and the amount of funding that they suggest should be made available to solve the problem set our in their challenge setting proposal.
The action of coding is to write programming statements for a program.