P2E
Riccardo Dondi
P2E, or "Play-to-Earn," enables gamers to earn cryptocurrency through gaming, leveraging blockchain for secure, transparent transactions and real-world value.
Cryptocurrency
Optimism
Optimism is a Layer 2 Ethereum scaling solution using Optimistic Rollups, enhancing scalability, reducing transaction costs, and maintaining security and decentralization.
OpenSea
OpenSea is the largest NFT marketplace, revolutionizing digital asset trading with blockchain security, a user-friendly interface, and decentralized transactions.
On-chain
On-chain refers to transactions executed and recorded directly on a blockchain, ensuring transparency, security, and decentralization in the cryptocurrency realm.
Off-ramp
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.
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.
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.
NFA
NFA, or Not Financial Advice, is a disclaimer in cryptocurrency emphasizing personal responsibility and the unpredictable nature of crypto markets.