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

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Glossary

Terms8 shown

PoSAProof of Staked Authority is BSC’s consensus mechanism; validators participate in block validation by staking BNB and earn transaction fees.
nodesParticipate in blockchain networks and, when competing chains emerge, tend to follow the chain with more cumulative work.
Decentralized IssuanceA method that sets a predetermined supply, rewards, and issuance conditions, allowing anyone to participate progressively in token issuance according to the parameters.
Proof of Stake (PoS)A consensus mechanism in which validators stake assets on the network to participate in creating new blocks.
Fractional share tradingAllows users to purchase less than one full share, enabling them to participate in individual stock investments with a smaller amount of money.
Network LayerAn architectural layer responsible for peer-to-peer networking functions, enabling nodes to communicate, exchange data, and participate in transaction validation.
NodeA computer that participates in a blockchain network, synchronizes data, and verifies related records.
Permissionless blockchainAn open blockchain network that requires no prior approval, permission, or authorization, allowing anyone to participate in the consensus process.

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Definition

Permissionless blockchain

An open blockchain network that requires no prior approval, permission, or authorization, allowing anyone to participate in the consensus process.

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