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Big-O Notation
Big-O Notation is a way of describing how the performance (time or space) of an algorithm scales as the size of the input data increases. It tells us how quickly the run-time or memory usage grows as the input size gets larger. Big-O notation focuses on the worst-case scenario to give us an upper bound…
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Orders of Approximation
Orders of Approximation refer to the different levels of accuracy or precision used when estimating or calculating a value. In mathematics, physics, and computing, the first-order approximation is a rough estimate, while higher-order approximations provide more detailed and precise calculations. As you increase the “order” of approximation, you account for more factors and nuances in…
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Orders of Magnitude
Orders of magnitude refer to a way of expressing the scale or size of a number relative to a reference point, typically in powers of ten. Each order of magnitude represents a tenfold difference. For example, if something is one order of magnitude larger than another, it is 10 times larger; if it is two…
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Nebula Marketplace
Nebula Marketplace on Cardano is a decentralized marketplace platform designed for trading Non-Fungible Tokens (NFTs). Built on the Cardano blockchain, Nebula offers a marketplace where users can create, buy, sell, and trade NFTs in a decentralized and secure manner. The marketplace aims to leverage Cardano’s scalable, secure, and low-fee infrastructure to provide an efficient environment…
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Vertical & Horizontal Scaling
Vertical and Horizontal Scaling are two strategies used to increase the performance and capacity of blockchain networks, including Cardano, to handle a growing number of transactions, users, and applications. These scaling approaches are essential for ensuring that the network remains efficient and secure as its usage increases. Vertical Scaling on Cardano Vertical scaling refers to…
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Throughput
Throughput on Cardano refers to the number of transactions the network can process in a given time period, typically measured as transactions per second (TPS). It is a key performance metric that indicates how efficiently and quickly the blockchain can handle transactions. High throughput is essential for ensuring that the network can scale and accommodate…
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Faucet (Cardano)
A faucet on the Cardano blockchain is a service or application that provides users with small amounts of test ADA (tADA) or other Cardano native tokens for free. These faucets are primarily used in testnets—the blockchain networks used for testing before deploying to the Cardano mainnet. Faucets help developers and users experiment with transactions, smart…
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Nakamoto Coefficient
The Nakamoto Coefficient is a metric used to measure the decentralization of a blockchain or distributed system. It represents the minimum number of entities (such as validators, miners, or nodes) required to disrupt the network’s consensus, effectively gaining control or halting the system. The higher the Nakamoto Coefficient, the more decentralized and secure the system…
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Mithril
Mithril is a stake-based signature protocol developed for the Cardano blockchain to improve the speed and efficiency of syncing nodes, especially in light client applications, without compromising security or decentralization. Mithril is designed to make it easier for users to access and interact with the Cardano network by enabling faster bootstrapping of nodes while maintaining…
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Record-keeping models
Record-keeping models refer to the frameworks or methods used by blockchain systems (and other digital platforms) to maintain, track, and validate data or transactions in a transparent and verifiable manner. These models ensure that records, such as financial transactions, ownership of assets, or legal agreements, are accurately captured and remain immutable over time. Blockchain technologies,…
