Synthetic Asset
Riccardo Dondi
Synthetic assets in cryptocurrency replicate the value of other assets using blockchain and smart contracts, offering diversification but carrying risks like smart contract vulnerabilities.
Cryptocurrency
Stuck Transactions
A stuck transaction in cryptocurrency is when a transaction remains unconfirmed for a long time, often due to network congestion, low fees, or technical errors.
State Transition
State transitions in cryptocurrency involve updating the blockchain's state by applying validated transactions, ensuring secure and transparent changes.
State Channel
State channels enhance blockchain scalability and efficiency by enabling off-chain transactions, reducing costs, and providing faster, private interactions.
Staking
Staking in cryptocurrency allows holders to secure networks and earn rewards by participating in transaction validation on proof-of-stake blockchains.
Stakeholder
A stakeholder in cryptocurrency is any individual or entity with an interest in its performance, including investors, developers, miners, users, and governance participants.
Stablecoin
Stablecoins are cryptocurrencies designed to minimize price volatility, often pegged to fiat currencies or assets like gold, providing stability and facilitating transactions.
SPL
SPL, or Solana Program Library, comprises on-chain programs on the Solana blockchain, optimizing efficiency, interoperability, and scalability in the ecosystem.
Speed Up Transactions
Speed up transactions in cryptocurrency enhances user experience, reduces network congestion, and improves scalability by employing technologies like Layer 2 solutions.
Solana
Solana is a high-performance blockchain known for its high throughput, low fees, and scalability, utilizing Proof-of-History and Proof-of-Stake mechanisms.