11.1. ECOSYSTEM DICTIONARY (I-R)

I

Incubation Hub for Growth: Ecosystems serve as incubators for new projects, providing resources and support to foster innovation across various sectors. They often distribute project tokens to stakeholders, encouraging community involvement and facilitating growth. (E.g., Gameness incubates gaming projects, nurtures esports ventures, supports content creators, and fosters the development of Web3 gaming infrastructure, while other ecosystems might support fintech startups or sustainable energy initiatives.)

K

Keep Network: A privacy layer for public blockchains, enabling secure data transfer and storage in off-chain containers called "Keeps."

KEEP Token: The token for the Keep Network, used within its privacy-focused blockchain ecosystem.

Kilohash: Quantity of potential inference attempts per second, quantified in thousands of inferences.

L

Leakware: A form of ransomware threatening to disclose sensitive information unless a ransom is paid.

Leverage: The utilization of borrowed capital to fund an investment in financial markets.

Litecoin: An altcoin that utilizes the Scrypt proof algorithm.

Liquidity: The purchasing power and liquidity available for engagement in trade, monetary, and commercial transactions.

Liquidity Pool: A crowd-sourced collection of cryptocurrencies or tokens secured within a smart contract, used for trading on decentralized exchanges.

Loom: Originally a scalability-oriented platform for decentralized applications, now focused on enterprise blockchain solutions.

M

Marketplaces for Digital Assets: Platforms where users can trade, buy, sell, and collect various digital items including NFTs, in-game assets, and exclusive digital collectibles. These marketplaces facilitate the growth of digital economies and provide opportunities for users to monetize their virtual possessions. (For example, Gameness offers a marketplace where users can trade esports-related digital assets, team tokens, and exclusive in-game items using $GNESS Tokens.)

Meme: An image, video, or text rapidly reproduced and disseminated by internet users, often for comedic effect.

Mainnet: The main network of a blockchain, launched after successful testing on a Testnet.

Market Order: An order to buy or sell an asset at the current market price on an exchange.

Megahash: Quantity of potential inference attempts per second, quantified in millions of inferences.

MetaMask: A web browser-based blockchain wallet enabling connection to Ethereum decentralized applications.

Microtransaction: Payment of a nominal fee for an asset or service, particularly in online contexts.

Mining: The process of generating new cryptocurrencies by solving cryptographic challenges using computer hardware.

Mixing Service: A service that combines bitcoins from multiple sources to enhance privacy and obfuscate transaction trails.

Mt. Gox: One of the earliest and historically most prominent bitcoin exchanges, now bankrupt.

mBTC: One thousandth of a Bitcoin (0.001 BTC).

Moving Average: An indicator in technical analysis used to identify support and resistance levels and price trends.

Multi-Factor Authentication: A security protocol requiring multiple forms of verification for system access.

N

NFA (Not Financial Advice): A disclaimer commonly used in cryptocurrency and financial markets to indicate that shared information should not be considered professional financial guidance.

NFT (Non-Fungible Token): A unique piece of crypto-art recorded on the blockchain, representing a non-interchangeable digital asset.

Node Operations: Computers linked to a cryptocurrency network, interconnecting users and maintaining the network.

Non-Custody Wallet: Cryptocurrency wallets exclusively managed by their creators, with complete control over private keys.

O

OBO Head and Shoulders Formation: A trend reversal formation in technical analysis, also known as OBO.

Order Book: A compilation of buyers and sellers for an asset traded in the market.

Orphan Block: An invalid segment of the blockchain.

P

Payment Service Provider (PSP): A company offering payment processing solutions for merchants accepting online payments.

Paper Wallet: A printed document featuring Bitcoin addresses and private keys, used for secure offline storage.

Phishing: A type of social engineering aiming to mislead targets through deceptive promises of financial reward.

Pool: The aggregate of mining participants collaboratively mining a block and distributing rewards.

Pre-mining: The practice of mining a portion of a cryptocurrency before its public release.

Private Key: A confidential digital key unique to an individual, essential for executing transactions.

Proof of Stake (PoS): An alternative to proof of work, using the current stake of a currency to determine mining capability.

Proof of Work (PoW): A mechanism associating computational power with mining capability, used to validate transactions and create new blocks.

Public Address: A condensed representation of a user's public encryption key, used for receiving transactions.

Public Key: The publicly accessible cryptocurrency address shared with all.

Public Key Cryptography: An encryption system using pairs of keys (public and private) for secure transactions.

P2P (Peer-to-Peer): Decentralized interactions among network entities, an alternative to centralized network models.

Pump and Dump: The practice of artificially inflating an asset's value through aggressive marketing, followed by selling at the inflated price.

Q

QR Code: A two-dimensional graphic block representing a string of data, often used to encode Bitcoin addresses.

R

Relative Strength Index (RSI): A technical indicator assessing whether an asset is overbought or oversold, ranging from 0 to 100.

Rekt (Wrecked): In cryptocurrency, refers to investors suffering significant financial losses due to poor decisions.

Rust: A multi-paradigm programming language emphasizing security and performance.