Glossary March 5, 2026 Plutocracy Plutocracy Governance of a DAO or blockchain protocol controlled by the wealthiest token holders.
Glossary March 5, 2026 Formal Verification A mathematical process for rigorously proving the correctness of smart contract code and protocol designs.
Glossary March 5, 2026 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 Hash The output of a cryptographic hash function, producing a fixed-length string that uniquely represents any input data.