P2P (peer-to-peer)
Riccardo Dondi
P2P in cryptocurrency refers to decentralized networks enabling direct, secure transactions without intermediaries, offering cost-effectiveness, speed, and global access.
Decentralized Finance
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.
Lightning Node
Lightning Nodes are critical for enhancing Bitcoin's scalability and efficiency by facilitating fast, low-cost off-chain transactions through payment channels.
Governance Token
Governance tokens empower decentralized decision-making in cryptocurrency, allowing token holders to propose, vote, and implement changes within the ecosystem.
Flash Loan
Flash loans are uncollateralized loans executed within a single blockchain transaction, enabling rapid financial activities like arbitrage and collateral swapping.
dGen
dGen refers to a community deeply involved in decentralized finance and blockchain technologies, characterized by innovation, high-risk tolerance, and decentralization advocacy.
Decentralized Finance (DeFi)
Decentralized Finance (DeFi) leverages blockchain to recreate traditional financial systems without intermediaries, offering transparency, accessibility, and efficiency.
Decentralized Application (Dapp)
Decentralized Applications (Dapps) leverage blockchain to provide secure, transparent, and efficient user experiences, operating on peer-to-peer networks like Ethereum.
DAI
DAI is a decentralized stablecoin cryptocurrency pegged to the US Dollar, crucial in DeFi for its stability, transparency, and use in trading, lending, and payments.
Cross-Chain Compatibility
Cross-chain compatibility in cryptocurrency enables different blockchain networks to interact seamlessly, enhancing interoperability and fostering innovation.