DAO
→ Decentralized Autonomous Organisation
An organization that is managed through rules encoded in smart contracts and run on a blockchain
→ Work through signaling systems(signal loops)
Blockchain
A specific type of database
It differs from a typical database in the way it stores information; blockchains store data in blocks that are then chained together
As new data comes in it is entered into a fresh block. Once the block is filled with data it is chained onto the previous block, which makes the data chained together in chronological order
Arbitrum
A layer two scaling solution for Ethereum using optimistic rollups to achieve far lower transaction fees, far lower latency, and far greater throughput than Ethereum Layer 1.
Fraud Proof: Re-execution of one transaction that there’s a dispute about.
Optimism
A layer two scaling solution for Ethereum uses optimistic rollups to achieve far lower transaction fees, far lower latency, and far greater throughput than Ethereum layer one.
Fraud Proof: Multi-round interactive protocol for resolving the dispute in which it subdivides the dispute until it’s a minimal dispute and then resolves it on chain
ICO
→ Initial Coin Offering
Uniswap
Decentralized finance protocol that is used to exchange cryptocurrencies.
Chainlink
A decentralized oracle network and cryptocurrency that provides real-world data to blockchains. It is one of the main sources of data used to feed information to applications in decentralized finance
MKR
Maker is the governance token of MakerDAO
DApp
→ Decentralized Application
Solidity
An object-oriented programming language for writing smart contracts on various blockchain platforms, most notably, Ethereum.
Defi
→ Decentralized finance
Cryptocurrency
A form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities.
The word is derived from the encryption techniques which are used to secure the network.
Blockchains are an essential component of many cryptocurrencies.
Aave
A decentralized lending system that allows users to lend, borrow and earn interest on crypto assets.
Avalanche
An open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains.
Compound
A decentralized, Ethereum-based protocol that allows you to lend and borrow cryptocurrencies
BAKE
BakeryToken is the governance token of BakerySwap.
0x
A protocol that facilitates the peer-to-peer (P2P) exchange of Ethereum-based assets.
Serves as an open standard and core Defi building block for any developer needing exchange functionality
zkSync
Protocol driven by zero knowledge proves to bring scalability to Ethereum.
Optimistic Rollups
Decoupling the execution from the consensus
In oR you make transaction available and do exe
BakerySwap
A decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain
Governance Token
Tokens that are created to enable holders to help shape the future of a protocol.
AMM
Abbreviation for Automated Market Maker
A type of decentralized exchange protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.
DEX
Abbreviation for Decentralized Exchange
BSC
Abbreviation for Binance Smart Chain
A blockchain network built for running smart contract-based applications running in parallel to the Binance Chain.
BC
Abbreviation for Binance Chain
A blockchain project that was initiated by Binance and launched in April 2019. It allows anyone to issue, use, and exchange digital assets on the blockchain.
Binance
Binance Charity is a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development
Oracle
Third-party services that provide smart contracts with external information. They serve as bridges between blockchains and the outside world
COMP
Comp Token is the governance token of Compound.