Plasma
Riccardo Dondi
Plasma is a Layer 2 scaling solution for blockchain networks, enhancing scalability by offloading transactions to child chains, reducing load and costs.
2024
Phantom Token
A Phantom Token is a digital token that appears in a user's wallet but doesn't exist on the blockchain, often due to software bugs, synchronization issues, or malicious activity.
PFP (ProFile Photo Project)
The ProFile Photo Project (PFP) integrates digital art, identity, and blockchain, revolutionizing how users represent themselves in the crypto world.
Permissionless
Permissionless systems in cryptocurrency allow open participation without central authority, embodying decentralization, transparency, and innovation while facing scalability and regulatory challenges.
Pegged Currency
Pegged currencies in cryptocurrency maintain stability by tying their value to traditional assets, reducing volatility and increasing trust for investors and users.
Payment Channel
A payment channel allows multiple cryptocurrency transactions off the main blockchain, enhancing speed, efficiency, and cost-effectiveness of transactions.
Parachain
Parachains are parallel blockchains that enhance scalability, interoperability, and specialization, integral to networks like Polkadot, ensuring efficient decentralized ecosystems.
Paper Wallet
A paper wallet is a secure, offline method for storing cryptocurrencies, involving printed private and public keys, offering high security but requiring careful handling.
P2P (peer-to-peer)
P2P in cryptocurrency refers to decentralized networks enabling direct, secure transactions without intermediaries, offering cost-effectiveness, speed, and global access.
P2E
P2E, or "Play-to-Earn," enables gamers to earn cryptocurrency through gaming, leveraging blockchain for secure, transparent transactions and real-world value.