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For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms11 shown

asymmetric cipherUse a pair of mathematically related keys and perform cryptographic algorithms separately for encryption and decryption.
ePBSThe protocol incorporates an enshrined proposer-builder separation (ePBS) mechanism, bringing the responsibilities for selecting consensus blocks and assembling execution payloads, as well as the handoff process, into the core protocol.
testnetA network similar to a real blockchain network but separate from it, used to test new code before deployment.
Embedded DeFiIntegrate decentralized finance functions such as swaps and trading directly into an app, so users do not need to access a separate trading platform.
Data shardingA technique of dividing a database into smaller parts and storing and processing them separately.
Data Availability Layer (DAL)A dedicated storage solution that separates data availability assurance from blockchain operations such as transaction execution, usable on-chain or off-chain.
Modular blockchainA blockchain architecture that separates responsibilities such as execution, settlement, consensus, and data availability across different layers or networks.
Special dividendA one-time dividend separate from regular dividend arrangements, which may result from unusually strong profits or the sale of significant assets.
Secure Asset Fund for Users (SAFU)An emergency reserve established by Binance and kept separate from operating funds to offer users additional protection during extreme security incidents.
Isolated MarginIsolated margin separates accounts and risk by trading pair, helping limit potential losses to a single trading pair.
Chain abstractionSeparates blockchain technical details from the user experience and automatically handles some multichain processes, lowering the barrier to using blockchain applications.

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Definition

Chain abstraction

Separates blockchain technical details from the user experience and automatically handles some multichain processes, lowering the barrier to using blockchain applications.

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