Crypto Wiki

Proof of Stake (PoS)
Proof of Stake (PoS) is a consensus algorithm used by blockchain networks to validate transactions and secure the network.

Proof of Work (PoW)
Proof of Work (PoW) is a consensus algorithm that requires network participants (miners) to solve complex mathematical puzzles to validate transactions and create new blocks.

Protocol
A protocol in blockchain refers to the set of rules that define how data is exchanged and validated across the network.

Public Key
A public key is a cryptographic code used in conjunction with a private key to encrypt and decrypt data.

Pump and Dump
A pump and dump is a type of market manipulation scheme where the price of an asset, such as a cryptocurrency, is artificially inflated (pumped) by coordinated buying, followed by a rapid sell-off (dump) once the price has risen significantly.

Beacon Chain
The Beacon Chain is a key component of Ethereum’s transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism.

Bank Run
A bank run occurs when many customers withdraw their funds simultaneously due to fears that the institution (whether it’s a bank or a crypto exchange) is about to become insolvent.

Baking
In the context of the Tezos blockchain, baking refers to the process of validating transactions and securing the network.

Bait and Switch Scam
A bait and switch scam in the crypto space involves luring investors with a seemingly good offer or opportunity, only to switch the terms or conditions after the investor has committed.

Axie Infinity (AXS)
Axie Infinity is a blockchain-based game that allows players to breed, raise, and battle fantasy creatures known as Axies.
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