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About BIBIBI Daily Digest Privacy & Account Security

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

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Glossary

Terms17 shown

BNB Smart Chain (BSC)A blockchain launched in parallel with BNB Beacon Chain that provides an EVM-compatible layer supporting smart contracts, DApps, and DeFi services.
DAO (Decentralized Autonomous Organization)A community-led organization that uses Ethereum smart contracts to establish its fundamental rules and execute collective decisions.
Ethereum Virtual Machine (EVM)The virtual machine run by nodes on the Ethereum network to execute smart contracts.
Platform tokensAssets used to support blockchain network operations, pay transaction fees, and execute smart contracts.
SPLA standard that specifies how tokens operate and interact on the Solana network, and supports interoperability with wallets and smart contracts.
SolidityA programming language used to write smart contracts on Ethereum.
Token honeypotsA trap that allows users to buy tokens but uses malicious smart contracts to prevent ordinary users from selling or impose heavy penalties on them.
child chainsSmaller chains built on top of a main chain that can run customized smart contracts and process particular tasks according to predefined rules.
smart contractsPrograms executed in the Ethereum Virtual Machine (EVM).
Ethereum Virtual Machine (EVM)The computational core of the Ethereum ecosystem: a Turing-complete programmable machine that decodes bytecode and executes smart contracts.
Atomic SwapA technique that uses smart contracts to exchange two cryptocurrencies directly without relying on a centralized intermediary such as an exchange.
Decentralized exchange (DEX)A platform that operates through blockchain smart contracts and typically allows users to trade directly from their own wallets.
Decentralized Application (DApp)An application that operates on blockchain technology and smart contracts, which can be used to build user-facing AI agent services.
Smart Contract ParallelizationExecuting multiple smart contracts at the same time to improve the performance, scalability, and responsiveness of decentralized applications.
Smart Contract WalletA cryptocurrency wallet that uses programmable smart contracts to set transaction rules, automatically execute operations, and configure security measures.
Smart Contract IssuesSecurity problems caused by errors, hacks, or other vulnerabilities in smart contracts that may result in the loss of user funds.
Algorithmic stablecoinA type of stablecoin that primarily uses algorithms and smart contracts to adjust supply and demand in an attempt to maintain a target price; reserve arrangements vary by design.

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Definition

Ethereum Virtual Machine (EVM)

The computational core of the Ethereum ecosystem: a Turing-complete programmable machine that decodes bytecode and executes smart contracts.

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