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chain
chain code
ERC tokensethereum
Ethereum: Decentralized open-source blockchain that features smart contract functionalities.
Genesis Block
proof of stake
proof of work
: First block of a blockchain. It is sometimes referred to Block Zero (0)
Proof of Stake: Consensus mechanism used to add new blocks to the blockchain. In Proof of Stake, validators lock up some assets as a stake, and then vote on the blocks that they believe will be added next to the chain. When the block gets added, they get a reward proportional to their stake.
Proof of Work: Consensus algorithm used to add new blocks to the blockchain. In Proof of Work, participants (miners) compete against each other, trying to validate transactions by solving complex cryptographic puzzles. Miners who solve the cryptographic puzzle get asset rewards.
Stable Coinstable coin: Assets designed to limit their market price fluctuation.
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