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Batch Processing

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Batch ProcessingVcoincheck.io
In the context of the Cardano blockchain, batch processing denotes a systematic strategy where numerous transactions are bundled and executed together in a single operation, thereby refining network efficiency and resource allocation. This approach streamlines the validation and implementation of transactions, augmenting overall throughput and scalability by...
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Block syncing

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Block syncingVcoincheck.io
refers to the vital process by which individual network nodes update their local copies of the blockchain to match the most current version, ensuring uniformity and accuracy throughout the network. This synchronization mechanism ensures that all nodes have access to the latest transactions and state changes, promoting the integrity and reliability of the Car...
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Block producer

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Block producerVcoincheck.io+ 1
A participant on the Cardano blockchain tasked with generating new blocks by validating transactions and adding them to the chain using the Ouroboros protocol. Selected based on stake, performance, and randomness, block producers operate within stake pools, aiming to maintain decentralization and security. Incentivized by rewards in ADA, they encourage commu...
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Asset Tokenization

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TokenizationAsset+ 1
The process of converting real-world or digital assets into digital tokens on a blockchain. On Cardano, the network supports the creation of custom tokens through its native token standard, allowing users to represent any asset or utility directly on the blockchain. Use Cases include fractional ownership of real estate, digital representation of art and col...
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Airdrop

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A distribution method in which free tokens or digital assets are sent to multiple wallet addresses on a blockchain network. Airdrops are commonly used to promote a cryptocurrency project, reward holders, or incentivize participation. Airdrops can enhance token liquidity, attract community engagement, and foster ecosystem growth within the blockchain network...
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API

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short for Application Programming Interfaces - are crucial tools in blockchain technology that allow different software applications to interact and communicate with each other. APIs play a significant role in enabling developers to build applications, access blockchain data, and create functionalities that interact with the Blockchain in general, and speci...
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BlockTree

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BlocktreeNFT+ 3
BlockTree is the pioneer in applying verification technology to reforestation efforts in Asia by using NFT minted on Cardano, ensuring trust, transparency, and traceability between Sponsors and Planters.
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Franken address

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Franken addressaddress+ 1
Also known as a mangled-address, is a Cardano payment address that contains payment part and staking parts of different wallets/private-keys. This is made possible due to the unique design of addresses on Cardano. A Franken address allows users to separate their staking rewards into a separate wallet. Some application developers can leverage delegation righ...
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On-chain message

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On-chain messageNFT+ 2
is typically implemented using metadata transactions. Metadata can be attached to regular ADA transactions or other transactions on the Cardano blockchain. These metadata transactions can contain various types of information, including text, JSON data, or links to external content. On-chain messages are useful for Non-Fungible Tokens. Creators can use them ...
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Stake address

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Refers to a reward account, one of the two components that make up an address on Cardano. They are used in various operations related to rewards, such as delegating ADA to pools, checking the reward balance, etc. Anyone who owns a stake address also owns a stake in any associated funds linked to that address. It's worth noting that stake addresses cannot be ...
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Stake key

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Stake KeyStake address+ 1
Refers to a cryptographic key pair associated with a stake address. Stake keys give you access to any rewards held in the stake address, as well as the ability to delegate the wallet to a pool to earn staking rewards. Note that ADA holders can have multiple stake keys and can delegate their ADA to different stake pools simultaneously.
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Payment address

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Refers to an address used for receiving or sending ADA. Cardano uses a unique address format that differs from many other cryptocurrencies, such as Bitcoin or Ethereum. It consists of two parts: the payment address and the stake address, which involves staking ADA to earn rewards. These addresses can start with "addr" and are case-insensitive. For example: ...
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External address

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External-addressaddress+ 1
refers to a Cardano address that is used for receiving ADA from external sources. These external sources can include other users, exchanges, or any entity that wishes to send ADA to your wallet. External addresses typically do not expire. User can continue to use the same external address to receive ADA for an extended period. However, for privacy reasons, ...
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Policy ID

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policy-idNative tokens+ 1
is a unique cryptographic fingerprint or hash generated from minting script. It serves as a way to uniquely identify and verify the policy associated with a specific native token or set of native tokens. This fingerprint allows users to validate that the policy for a token adheres to the predefined rules. Policy ID is an integral part of Cardano's multi-ass...
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Asset name

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asset-nameNative tokens+ 1
refers to the names of native tokens created and managed on the Cardano blockchain. They can be common words, and creators can choose arbitrary names. Please note that assets with the same asset name are not necessarily fungible; fungibility depends on whether they have the same Policy ID.
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Recovery phrase

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Recovery-phraseMnemonic-phrase+ 1
also known as 'mnemonic phrases,' is a list of words (usually 12, 15, or 24 words). The words in a mnemonic phrase are derived from a random source of entropy and can be used to restore access to the wallet and its associated funds if the original wallet is lost, stolen, or becomes inaccessible. When you create a Cardano wallet, the wallet software typicall...
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Orphaned block

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known as a valid block that is rejected by the network because another block with the same height was added to the blockchain at nearly the same time. The reason a block becomes an orphan block on the Cardano blockchain is because the stake pool creating that block did not win in the Slot battle or Height battles. Additionally, a block becomes an orphan when...
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VRF

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Stands for "Verifiable Random Function", a cryptographic function that generates random numbers in a deterministic and verifiable manner. It's a crucial component for various applications, such as generating random numbers for lotteries and ensuring secure and unpredictable leader selection in proof-of-stake blockchain networks. On the Cardano blockchain, i...
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Slot battles

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Regarding the production of blocks on the Cardano blockchain, there can be instances when two pools create valid blocks in the same slot. Only one block can be added to the blockchain for each specific slot, so one of them has to be discarded (orphaned block). If a slot battle occurs, the winner is determined randomly. The pool operator has no influence ove...
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Multi-account

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According to the standard design of wallet addresses on the Cardano blockchain, an initial seed phrase can generate a very large number of accounts. These accounts are akin to individual sub-accounts within a bank account, enabling users to use them for various purposes such as donations, savings, spending, etc...
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