June 18, 2026

Glossary

Algorand block time

The typical time between blocks on a network; shorter block times can improve responsiveness but may affect networking and security trade-offs.

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Algorand RPC

A remote procedure call endpoint that lets wallets and apps read blockchain data and broadcast transactions to the network.

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Algorand MEV

Transaction-ordering value that can be captured around block construction; often mitigated using private order flow or specialized builders.

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Airdrop

A distribution of tokens to users’ wallet addresses, often to reward early participation or bootstrap a community.

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Account abstraction

A cryptocurrency and blockchain term commonly used to describe a concept, mechanism, metric, or component within digital-asset systems.

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Account Abstraction Wallet

A cryptocurrency and blockchain term commonly used to describe a concept, mechanism, metric, or component within digital-asset systems.

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ASIC

A cryptocurrency and blockchain term commonly used to describe a concept, mechanism, metric, or component within digital-asset systems.

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API key

A cryptocurrency and blockchain term commonly used to describe a concept, mechanism, metric, or component within digital-asset systems.

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