Glossary
LEP100: Lithosphere Evolution Proposal
WHITE PAPER: A guide about a specific topic and the problem that surround it. It is meant to educate readers and help them to understand and solve an issue.
BLOCKCHAIN: A growing list of records, called blocks, that are linked together using cryptography.
TOKEN: A token represent a set of rules encoded in a set of smart contracts. Each token belongs to a blockchain address. It is essentially a digital asset that is stored securely on the blockchain.
DECENTRALIZED: Type of cryptocurrency exchange which allows for direct peer-to- peer cryptocurrency exchange to take place online securely and without the need for an intermediary.
EVM: Ethereum virtual machine is a computation engine which acts like a decentralized computer that has millions of executable projects.
BSC: Binance smart chain
PEGGED COINS: LEP100 tokens pegged to external assets.
DAPPS: Decentralized Applications are digital applications that run on a blockchain or peer-to- peer network of computers instead of a single computer.
NFT: A non-fungible token is a unit of data stored on a digital ledger, called blockchain, that certifies a digital asset and therefore not interchangeable.
INTEROPERABILITY: The ability of computer systems or software to exchange and make use of information.
ERC: Ethereum request for comments
BURN: A process by which digital currency miners and developers can remove tokens or coins from circulation.
TRACTION: Drawing or pulling rate in a business.
DEFI: Decentralized finance
CROSS CHAIN: It is the interoperability between two relatively independent blockchains.
DEX: Decentralized exchange
Last modified 1yr ago