(noun): Abbreviation for “non-fungible token.” A unique digital asset that represents ownership or proof of authenticity of a specific item or piece of content, stored on a blockchain.

Example: “She bought an NFT of a digital artwork by a renowned artist.”


(noun): A computer or device that participates in a network by maintaining a copy of the blockchain’s data and validating transactions.

Example: “He set up a node to support the decentralized network and contribute to its security.”


(noun): A collection of interconnected devices or computers that communicate and share information with each other.

Example: “The company’s network allows employees to access shared files and collaborate on projects.”

Native token

(noun): A cryptocurrency or digital asset that is specifically designed to be used within a particular blockchain ecosystem or platform.

Example: “The native token of that blockchain allows users to pay for transaction fees and access platform features.”

New consensus algorithm

(noun): A set of rules or protocols used by a blockchain network to achieve agreement and validate transactions without relying on a central authority.

Example: “The introduction of the new consensus algorithm increased the blockchain’s speed and energy efficiency.”

New DeFi protocols

(noun): Decentralized Finance protocols that offer innovative financial services and products built on blockchain technology, providing open and permissionless access to financial tools.

Example: “The new DeFi protocols allow users to earn interest on their digital assets and borrow funds without intermediaries.”


(adjective): Referring to a system or service that does not require users to trust a third party with their assets or funds.

Example: “The non-custodial wallet allows users to retain control over their private keys and manage their cryptocurrencies directly.”


(adjective): Describing an asset or token that is unique and cannot be exchanged on a one-to-one basis with other tokens, as each has its distinct properties or characteristics.

Example: “The non-fungible token represents a one-of-a-kind piece of virtual real estate in a metaverse.”