Avalanche

Perry

Rocky Rock

Jay Kurahashi-Sofue

A collection of basic blockchain terms and concepts

Blockchain Basics

What is a blockchain?

What is the history of blockchain?

What is a block explorer?

What is a "Secret Recovery Phrase?"

What does "DYOR" mean?

What is a Stablecoin?

Can I reverse a transaction?

What are fake tokens?

What is a transaction?

What are oracles?

What is a smart contract?

What are smart digital assets?

General

What is decentralized finance (DeFi)?

What is a decentralized exchange (DEX)?

What is an automated market maker (AMM)?

What is a decentralized application (dApp)?

What is a Decentralized Autonomous Organization (DAO)?

What is arbitrage?

What is a derivative?

What is a flash loan?

What is yield farming?

Decentralized Finance (DeFi)

What is a consensus protocol?

What is Byzantine Fault Tolerance (BFT)?

What is transactional finality?

What is transactional throughput (TPS)?

What is a sybil attack?

What is MEV or miner extractable value?

Protocol

What is staking?

What are validator/staking rewards?

What is a blockchain validator?

How does proof-of-stake work?

Staking

What is a self-custody wallet

What is a blockchain wallet?

How to connect to the Fuji Testnet?

What is the difference between a cold and hot wallet?

What is a non-custodial wallet?

What is an HD wallet?

What is an address?

What are public and private keys?

Wallets

What are non-fungible tokens (NFTs)?

What is minting?

What is Bech32?

Legal Disclosure

What is CB58?

What is an ERC-20?

What is open source?

What is the Ethereum Virtual Machine (EVM)?

What is Solidity?

What units of measure are used on Avalanche?

Jovica Popovic

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