Off-ramp
Riccardo Dondi
An off-ramp in cryptocurrency is the method of converting digital assets into traditional fiat currencies, playing a critical role in liquidity and market maturity.
2024
Off-chain Governance
Off-chain governance in cryptocurrency involves decision-making outside the blockchain, promoting flexibility, inclusivity, and conflict resolution but faces transparency and centralization challenges.
Off-Chain Computation
Off-chain computation enhances blockchain efficiency by performing data computations externally and relaying verified results back to the blockchain for scalability and privacy.
Off-chain
Off-chain refers to cryptocurrency transactions or data storage outside the blockchain, enhancing scalability, speed, and cost-efficiency but with transparency trade-offs.
Non-custodial Wallet
Non-custodial wallets empower users with full control over their crypto assets, ensuring enhanced security, privacy, and autonomy, but require responsible management.
Node
A node in cryptocurrency is any device participating in a blockchain network, maintaining a copy of the ledger, validating transactions, and ensuring network security.
NGMI
NGMI stands for "Not Gonna Make It," used in cryptocurrency to describe poor investment decisions, lack of market knowledge, or emotional trading.
NFT (Non-Fungible Token)
NFTs are unique digital assets using blockchain to establish ownership and authenticity, revolutionizing digital art, collectibles, and gaming.
NFA
NFA, or Not Financial Advice, is a disclaimer in cryptocurrency emphasizing personal responsibility and the unpredictable nature of crypto markets.
Nakamoto Consensus
Nakamoto Consensus underpins cryptocurrency security through decentralized transaction verification, proof of work, and economic incentives, despite energy and scalability challenges.