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Tokenization
Tokenization is the process of converting ownership rights, assets, or physical objects into digital tokens on a blockchain. These tokens represent a specific asset and can be used to transfer ownership, divide the asset into smaller units, or facilitate transactions in a secure and transparent manner. Tokenization allows real-world assets like stocks, real estate, art,…
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Minimum Attack Vector (MAV)
Minimum Attack Vector (MAV) refers to the smallest group of entities (e.g., individuals, nodes, or validators) that an attacker would need to compromise in order to control or disrupt a network. In the context of blockchain networks, MAV is a security metric that measures how resistant a decentralized network is to attacks by highlighting the…
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Chimeric Ledger
A Chimeric Ledger refers to a hybrid ledger that allows a blockchain to manage both native tokens (like ADA in Cardano) and custom tokens or assets within the same system. This concept allows for a flexible, multi-asset ledger where various assets can coexist and interact on the blockchain without needing specialized, separate infrastructures for each…
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Command Line Interface (CLI)
A CLI (Command Line Interface) is a type of user interface that allows users to interact with a computer or software system by typing text commands into a console or terminal window. Unlike Graphical User Interfaces (GUIs), which rely on visual elements like buttons and icons, a CLI presents a text-based interface where users execute…
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MPC wallets
MPC wallets (Multi-Party Computation wallets) are a type of cryptocurrency wallet that use advanced cryptographic techniques to secure user assets by distributing the control and management of a private key among multiple parties. Unlike traditional wallets where a single private key is stored and used to authorize transactions, MPC wallets split the cryptographic secret (private…
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gRPC
gRPC is an open-source, high-performance remote procedure call (RPC) framework developed by Google. It allows for efficient communication between client and server applications by enabling them to call functions and exchange data as if they were local, even though they might be running on different machines or in different locations. gRPC supports multiple programming languages…
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API Query Layer
An API Query Layer is a part of the software architecture that allows users or applications to retrieve, manipulate, and interact with data through Application Programming Interfaces (APIs). It acts as an intermediary between users and a database, enabling the querying and fetching of specific data through structured requests. APIs provide a way for external…
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Static Typed Languages
Static typed languages are programming languages in which the type of a variable is known and checked at compile time rather than at runtime. This means that variables must be explicitly declared with a specific data type (e.g., integer, string, boolean) before they are used. If there are type mismatches or errors, they are detected…
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Polymorphism
Polymorphism is a concept in programming and type theory where a function, variable, or data type can operate on different data types while maintaining a consistent interface. Essentially, it allows one piece of code to be used for different types of inputs, increasing code flexibility and reusability. In simple terms, polymorphism allows functions or types…
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Escrows
In the context of blockchain and smart contracts, an escrow is a financial arrangement where a third party temporarily holds and manages the funds involved in a transaction between two parties until certain conditions are met. Escrows on Cardano are implemented using Plutus smart contracts, ensuring trustless and secure transactions without the need for a…
