The Cardano Glossary

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The Cardano Glossary

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

There are 31 entries in this glossary.
Search for glossary terms (regular expression allowed)
Term Main definition
An independent blockchain running its own network with its own technology and protocol.
Malware or malicious software refers to harmful programs utilized by bad actors to illegally access and/or compromise a computer, network or server.
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.
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.
Megahashes Per Second
Megahashes per second (MH/s) is a unit of measurement that equals one million hashes per second.
Memecoins are the crypto tokens created as a joke or meme and claim to offer huge gains to holders.
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.
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.
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.
An online digital wallet that allows users to manage, transfer and receive Ethereum, operating as an extension to a regular browser.
A metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users.
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.
A micropayment is essentially a small transaction that is carried out online and can be as small as a fraction of a cent.
A business model where very small payments can be made in exchange for common digital goods and services, such as pages of an ebook or items in a game.
They can be professional miners or organizations with large-scale operations, or hobbyists who set up mining rigs at home or in the office.
Minimum Voting Threshold
Each fund has a minimum voting threshold in Ada that they must have to participate in voting.
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.
Mining Farm
A mining farm is when a group of miners mine together for a variety of advantageous reasons, like energy use.
Mining Pool
An arrangement where a number of miners pool their resources to increase their chances of finding the next block.
Mining Reward
The income that miners receive after finding and validating a block.
Mining Rewards
Mining rewards are the rewards that crypto miners receive for mining a new block on the blockchain.
Mining Rig
Equipment that is used for mining cryptocurrencies.
Mnemonic Phrase
A list of words used in sequence to access or restore your crypto assets.
Mobile Wallet
A mobile wallet is a crypto wallet installed on a mobile device.
Money Laundering
Money laundering is a technique used for illegal businesses to hide their money from the authorities.
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.
Moving Average Convergence Divergence (MACD)
A technical analysis method.
Multi-Coin Wallet
A multi-coin wallet, also known as a multi-chain wallet, allows users to keep more than one crypto asset belonging to multiple blockchain networks.
Multi-Signature (Multi-Sig)
An added layer of security by requiring more than one key to authorize a transaction.
Multisignature crypto wallets require more than a single signature to sign a transaction.

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