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BLOCKCHAIN#1

A decentralized digital ledger that records transactions across many computers, ensuring security and transparency.

CRYPTOCURRENCY#2

A digital or virtual currency that uses cryptography for security, enabling secure online transactions.

SMART CONTRACTS#3

Self-executing contracts with the terms directly written into code, facilitating automated transactions without intermediaries.

DECENTRALIZATION#4

The distribution of authority and control away from a central entity, enhancing security and reducing single points of failure.

TOKENOMICS#5

The economic model behind a cryptocurrency, including supply, distribution, and incentives for users and developers.

WALLET#6

A software application for storing, sending, and receiving cryptocurrency, often featuring security measures like encryption.

NFT (NON-FUNGIBLE TOKEN)#7

A unique digital asset verified using blockchain technology, representing ownership of a specific item or piece of content.

GAME ECONOMY#8

The system that governs the creation, distribution, and consumption of in-game resources, including currencies and assets.

PROOF OF WORK#9

A consensus algorithm requiring participants to solve complex mathematical problems to validate transactions and create new blocks.

PROOF OF STAKE#10

A consensus mechanism where validators are chosen based on the number of coins they hold and are willing to 'stake' as collateral.

DECENTRALIZED APPLICATION (DAPP)#11

An application that runs on a blockchain network, allowing users to interact directly without a central authority.

GAS FEES#12

Transaction fees paid to miners on a blockchain network, compensating them for processing and validating transactions.

ORACLE#13

A service that provides external data to smart contracts, enabling them to react to real-world events.

ICO (INITIAL COIN OFFERING)#14

A fundraising method where new cryptocurrency projects sell tokens to investors in exchange for funding.

SECURITY AUDIT#15

A thorough examination of smart contracts and blockchain applications to identify vulnerabilities and ensure safety.

INTEROPERABILITY#16

The ability of different blockchain networks to communicate and work together, enhancing the usability of various platforms.

REGULATORY COMPLIANCE#17

Ensuring that blockchain applications adhere to legal standards and regulations, particularly concerning cryptocurrencies.

LEVERAGE#18

Using borrowed capital or resources to increase the potential return on investment in blockchain projects.

FORK#19

A change in the protocol of a blockchain, resulting in a split into two separate chains, which may affect the currency's value.

LIQUIDITY#20

The ease with which an asset can be converted into cash or used in transactions without affecting its price.

DISTRIBUTED LEDGER TECHNOLOGY (DLT)#21

A digital system for recording transactions across multiple sites, ensuring transparency and security in data management.

GAMIFICATION#22

The application of game-design elements in non-game contexts to enhance user engagement and motivation.

ECOLOGICAL SUSTAINABILITY#23

Ensuring that blockchain practices minimize environmental impact, particularly concerning energy consumption.

PLAYER OWNERSHIP#24

The concept that players have true ownership of in-game assets, facilitated by blockchain technology.