11.1. ECOSYSTEM DICTIONARY (S-Z)

S

Satoshi: One hundred millionth of a Bitcoin (0.00000001 BTC).

Satoshi Nakamoto: The pseudonymous name attributed to the original inventor of the Bitcoin protocol.

Scalability: In blockchain, the ability to enhance transaction speed and throughput.

Scamcoin: An altcoin designed to generate profit for its creator without fundamental concept or objective.

Scrypt: An alternative proof-of-work system to SHA-256, designed to be more accommodating to CPU and GPU miners.

SDAO: Smart Decentralized Autonomous Organization, a blockchain-based governance system that allows token holders to participate in decision-making processes and manage resources collectively through automated smart contracts.

SEC (Securities and Exchange Commission): A U.S. federal agency dedicated to safeguarding investors and ensuring fair market structure.

Seamless Integration: SDKs, APIs, and wallet integration allow for easy collaboration with third-party developers and brands, expanding an ecosystem's reach and utility. (For example, Gameness offers SDKs and APIs that enable developers to integrate $GNESS Tokens and NFTs into their games or applications, fostering a more interconnected gaming ecosystem.)

SHA-256: Secure Hash Algorithm used in the Bitcoin protocol for transaction validation and mining.

Shielded Transaction: A type of transaction that obscures specific details while remaining verifiable on the blockchain.

Signature: A digital representation of a cryptocurrency transaction, verifying its origin.

Silk Road: A former illicit online marketplace that used cryptocurrencies for illegal transactions.

Simple Payment Verification (SPV): A Bitcoin protocol feature allowing nodes to verify payments without downloading the entire blockchain.

Skill Development and Education: Some innovative ecosystems are beginning to offer token-powered education, where users can access gamified, scenario-based courses on relevant topics. In these pioneering systems, successful learners often earn NFT certifications, creating new paths to skill improvement and job opportunities. (For example, the Gameness ecosystem is at the forefront of this trend, offering gamers and professionals courses on esports, blockchain, and gaming careers.)

Smart Contracts: Blockchain protocols that automatically execute based on predefined conditions.

Soft Fork: Compatible upgrades of protocols within blockchain networks, involving minor modifications.

Stablecoins: Cryptocurrencies pegged to fiat currencies at a one-to-one ratio, facilitating cryptocurrency trading.

Staking: The process of locking cryptocurrency holdings within a network as part of the consensus mechanism.

Stale: Refers to unsuccessful attempts to mine a Bitcoin block after it has already been created.

Stream Donations: Feature allowing viewers to send digital tokens to creators during live broadcasts. (E.g., Gameness fans sending $GNESS Tokens to streamers.)

T

Testnet: An alternative, intangible cryptocurrency blockchain used for testing purposes.

Terahash (Th/s): The quantity of potential hash attempts within a specified timeframe, quantified in trillions of hashes.

Taint: An analysis of the degree of connection between two addresses when both possess a specific bitcoin.

Tor: An anonymous communication protocol used to conceal online identities.

Transaction Block: A compilation of transactions within the Bitcoin network aggregated into a block.

Transaction Fee: The charge imposed on transactions conducted within the Bitcoin network, compensated to miners.

TOBO (Inverse Head and Shoulders Pattern): A technical analysis concept signifying the conclusion of a downtrend.

Triangle Formation: Patterns emerging from price compression, resulting in a triangular shape.

Token-Driven Economy: An economic model where a specific digital token (For this instance : $GNESS) powers all platform interactions. This system rewards participation, facilitates transactions, and promotes ecosystem growth through player rewards, fan engagement, and team support.

U

uBTC: One hundred thousandth of a Bitcoin (0.000001 BTC).

Unspent Transaction Output (UTXO): The quantity of cryptocurrency remaining after a transaction has been executed.

Unified Esports Platform: A comprehensive ecosystem where gamers, esports players, and fans connect through a single super-app for tournaments, rewards, and social engagement.

V

Vanity Address: A cryptocurrency wallet address featuring an optional pattern, such as a name.

Virgin Bitcoin: Refers to unrefined Bitcoin.

Volatile: Describes a market susceptible to significant fluctuations.

W

WAGMI: Stands for "We Are All Going to Make It," a popular phrase in crypto communities expressing optimism.

Wallet: A digital tool for storing and managing cryptocurrencies, holding private keys essential for transactions.

Web 3.0: A philosophy anticipating technologies like blockchain will usher the internet into a new era of global financial connectivity.

Wedge/Wedge Formation: A market pattern characterized by price movements oscillating in two directions, resembling an "arrow."

Whitepaper: A document outlining the objectives and implementation of blockchain project technology.

Y

YTD: An abbreviation for "Year to Date," representing the period from the beginning of the current year to the present. While YTD commonly stands for "Year to Date" in financial contexts, the abbreviation can have different meanings in various languages and fields:

Turkish: "Yatırım Tavsiyesi Değildir" (Not Financial Advice)

Despite these variations, in financial and business documentation globally, YTD primarily refers to "Year to Date".

Z

zkSync: A Layer 2 blockchain scaling solution developed on the Ethereum network.