Consensus Mechanism

The method used by a blockchain network to achieve agreement among distributed nodes, such as proof of work or proof of stake.

Glossary March 5, 2026

A Layer 2 scaling technology that assumes transactions are valid by default and only checks them if challenged.

Glossary March 5, 2026

A blockchain ecosystem known for its algorithmic stablecoin UST, which collapsed catastrophically in May 2022.

Glossary March 5, 2026

The process of initially seeding a DeFi protocol with capital to make it functional for early users.