The Cardano Glossary
Find the meanings of popuar words used in the Cardano Blockchain & Project Catalyst.
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.
A consensus mechanism is an underlying technology behind the main functionalities of all blockchain technology, which makes them an essential operating feature of all cryptocurrencies.
the total amount of stake that a stake pool controls. It combines the stake that is owned by the pool operator with any stake that has been delegated to the pool by other ada holders. It can be measured as a total ada amount (e.g., 3 million ada), or as a percentage of the total supply of ada within the network (e.g., 5%).
|Cost per epoch||
a fixed fee, in ada, which the stake pool operator takes from the pool rewards every epoch to cover the costs of running a stake pool. The cost per epoch is subtracted from the total ada rewarded to a pool, before the operator takes their profit margin. Whatever remains is shared proportionally among the delegators.
Crowdfunding enables fundraisers to collect money from a large number of people through a variety of different platforms.
|Crypto Debit Card||
A crypto debit card is a type of debit card that allows its holder to pay for goods and services using cryptocurrencies.
Cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation.
A field of study and practice to secure information, preventing third parties from reading information to which they are not privy.