Insights on Crypto Payments, Infrastructure, and Operations

Blockchain Networks & Protocols

Networks, consensus systems, protocols and blockchain infrastructure.

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Terms (543)

Layer 1 Coin

A Layer 1 coin is the native asset recorded directly by a base blockchain and commonly used for fees, staking, rewards, or…

Layer 2

A layer-2 system is an additional protocol or network built to handle activity while using a base layer for some security, dispute…

Layer 2 Payment

A Layer 2 payment transfers value through a scaling network or channel above a base blockchain, usually with lower cost or faster…

Layer 2 Token

A Layer 2 token is an asset represented or issued on a scaling network, with value and transfer rules tied to that…

Legacy Address

A legacy address uses an older blockchain address format retained for compatibility, often lacking efficiency or error-detection features of newer formats. Legacy…

Light Client

A light client verifies selected blockchain claims using compact headers, consensus proofs, or commitments instead of downloading and executing the complete chain.…

Light Client Bridge

A light client bridge places or represents a source-chain light client in the destination environment.

Light Node

A light node participates in a blockchain network with reduced storage or computation, relying on compact proofs or fuller peers for selected…

Lightning Address

A Lightning Address is a human-readable identifier, usually formatted like an email address, that lets a compatible Bitcoin Lightning wallet request payment…

Lightning Commitment Transaction

A Lightning commitment transaction is a pre-signed Bitcoin transaction representing one party's enforceable view of a payment channel's current balance. When a…

Lightning Invoice

A Lightning invoice is a signed, encoded payment request used to receive Bitcoin through the Lightning Network. It normally specifies an amount…

Lightning Network

The Lightning Network is a Bitcoin payment-channel network designed for faster, frequent payments without recording each individual transfer directly as a Bitcoin…

Litecoin Network

Litecoin is a public Scrypt proof-of-work UTXO blockchain for LTC transfers, with its own addresses, fees, mining, and confirmation history. LTC is…

Low-Latency Oracle

A low-latency oracle delivers external data to blockchain applications with minimal delay, typically for markets where prices change rapidly. Faster updates can…

Mainnet

A mainnet is the live production instance of a blockchain where real assets, economically meaningful transactions, and protocol security are active. It…

Manta Network (MANTA)

Manta Network is a modular blockchain ecosystem including an EVM-compatible Layer 2 and privacy-focused infrastructure, with MANTA used for governance and incentives.…

Mempool

A mempool is a node's collection of transactions that have been received and passed preliminary checks but have not yet been confirmed…

Mempool Admission

Mempool admission is a node's decision to accept an unconfirmed transaction after consensus, fee, conflict, resource, and local-policy checks. Admission policy can…

Mempool Auction

A mempool auction is competitive transaction ordering in which users or searchers bid fees, tips, or payments for scarce block inclusion priority.…

Mempool Detection

Mempool detection observes unconfirmed transactions in node or network mempools to identify broadcasts, conflicts, replacements, congestion, or targeted activity. Mempool monitoring sees…

Mempool Eviction

Mempool eviction removes previously accepted unconfirmed transactions when capacity, fee, conflict, expiry, dependency, or chain-state conditions no longer permit retention. Eviction removes…

Mempool Minimum Fee

The mempool minimum fee is the lowest effective fee rate a node currently accepts or retains for unconfirmed transactions under local policy.…

Mempool Ordering

Mempool ordering is the policy or market process that ranks unconfirmed transactions for relay, block construction, simulation, or execution priority. Nodes may…

Mempool Policy

Mempool policy is a node's configurable set of non-consensus rules for accepting, relaying, replacing, prioritizing, and evicting unconfirmed transactions. Rules may cover…