Glossary

The major upgrade to the Ethereum network that transitioned it from proof-of-work to proof-of-stake consensus.

The second-largest cryptocurrency by market cap, featuring a programmable blockchain that supports smart contracts and decentralized applications.

The native cryptocurrency of the Ethereum blockchain, used to pay for transaction fees and as a stake in proof-of-stake validation.

A third-party arrangement or smart contract that holds cryptocurrency funds until specific conditions are met.

An Ethereum standard enabling account abstraction, allowing smart contract wallets with enhanced user experience features.

A multi-token standard on Ethereum that allows a single contract to manage both fungible and non-fungible tokens simultaneously.

An Ethereum token standard for non-fungible tokens where each token is unique and not interchangeable with others.

The most widely used token standard on the Ethereum blockchain that defines rules for fungible tokens, enabling interoperability.

A blockchain solution designed for business use with features like permissioned access, privacy, and high throughput.

The rate at which new cryptocurrency tokens are created and released into circulation through mining, staking, or other mechanisms.