Concepts

  • Hash function: A hash function is a function that creates a deterministic output of the input value.
  • BlockChain Fork
  • State Channel
  • Decentralized Finance (DeFi)
  • Non-Fungible Token (NFT)
  • Sharding: Sharding is a method of horizontally scaling of databases by dividing them into smaller, faster, and more easily managed parts called shards.
  • Decentralized Autonomous Organization (DAO): An organization that is controlled by multiple entities and runs using smart contracts on a blockchain.