NGMI
What does NGMI mean? NGMI is an acronym that stands for “Not Gonna Make It.” This term is used in the world of cryptocurrency and… Read More »NGMI
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web3 glossary
Ethereum 2.0
What’s Ethereum 2.0? Ethereum 2.0 also known as ETH2 is the upgrade in the consensus mechanism of the Ethereum Blockchain from Proof of Work (PoW)… Read More »Ethereum 2.0
Peer-to-Peer (P2P)
What is P2P in crypto? A peer-to-peer (P2P) network in crypto is a type of decentralized network in which computers or nodes communicate with each… Read More »Peer-to-Peer (P2P)
Fren
What is a fren? 📖 A fren, as many will argue, is a misnomer (if you will) of the word friend. Contrary to what people… Read More »Fren
Degen
What is a degen? Originating as a derogatory term (of sorts), a degen in crypto (derived from the word ‘degenerate’) is someone who is always… Read More »Degen
BscScan
What is BscScan? BscScan is a blockchain explorer specifically for the BNB Smart Chain. It is also used as an analytics platform. It’s been developed… Read More »BscScan
Genesis Block
What is a Genesis Block? Known also as Block 0, the Genesis Block is the very first block upon which additional blocks of a blockchain… Read More »Genesis Block
The Merge
The Merge, which happened in September 2022, is considered to be one of the biggest events in the blockchain world in recent times. It had been a long time coming.
Sharding
What is sharding? Sharding is a scaling technique used in distributed computing and database systems, where data is partitioned into smaller subsets called “shards” and… Read More »Sharding
ERC-721
Definition of ERC-721 ERC-721 or Ethereum Request for Comments 721 is a data standard for creating non-fungible tokens (NFTs). That means each token is unique… Read More »ERC-721