Blockchain Terms

Below is a list of blockchain terms added by us and by our readers. If you have a question about one of these terms and would like to know more, drop us a line. If you would like to add a term or think there is an error, we want to hear from you.

 

 

Blockchain Term Glossary

Entries are below. If you would like to add a term or think there is an error with a blockchain term, contact us here. To see all terms, simply enter a % sign in the search box below and hit Enter.

Blockchain Terms

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
There are 3 names in this directory beginning with the letter N.
Node    
(aka Validator, Client) Whether a Masternode or a wallet, a node is a term used for a copy of the blockchain ledger held by a user or participant. It stores, updates and broadcasts a complete copy of the blockchain. A node is also considered a "peer" in the P2P or Peer to Peer network meaning that the blockchain exists on many nodes.
Non-Fungible Token (NFT)
A non-fungible token is a token that spends like any other token, but also has an asset representation associated with the token. Using our pizza example, if you were to buy a pizza with a fungible token, that pizza would simply cost some coin amount and you would share it with your friends not knowing which piece of pizza was purchased by which coin you spent. When you buy that piece of pizza with a non-fungible token, you could assign a slice of the pizza to each token you used. A non-fungible token would be able to represent ownership of a specific underlying asset class.
Nonce
In cryptography, a nonce is a number that is only used once and often has a timestamp associated with it.
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