Insights on Crypto Payments, Infrastructure, and Operations

Glossary terms starting with B

Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.

Blocked Person

Blocked Person is a person or entity whose property and interests in property must be frozen or blocked under an applicable sanctions…

Blocked Property

Blocked Property is property or interests in property that must be frozen and may not be transferred, withdrawn, paid, exported, or otherwise…

Blockspace Demand

Blockspace demand is the amount of competition for the limited transaction, execution, or data capacity available in blockchain blocks. It rises when…

Blue-Chip Cryptocurrency

Blue-Chip Cryptocurrency is an informal market label for a crypto asset perceived to have relatively established liquidity, market recognition, infrastructure support, operating…

Boba Network (BOBA)

Boba Network is an EVM-compatible Layer 2 ecosystem using optimistic rollup technology and cross-layer services to support scalable applications. Like other rollups,…

Bond Token

A bond token is a blockchain token representing a bond, debt claim, or contractual right linked to fixed-income payments. It can represent…

Booking Date

Booking date is the date on which a financial transaction or accounting entry is recorded in an institution's books or ledger. It…

Bootstrap Node

A bootstrap node helps a new blockchain participant obtain initial peers, checkpoints, headers, snapshots, or other data needed to begin synchronization. The…

Borderless Commerce

Borderless commerce is a business approach that aims to let customers buy across countries, currencies, languages, and channels with minimal visible barriers.…

Bot Attack

A Bot Attack is the malicious use of automated software to perform high-volume, repetitive, evasive, or coordinated actions against a website, application,…

Brain Wallet

A brain wallet is a wallet whose private key or seed is deterministically generated from a phrase chosen and remembered by a…

BRC-20

BRC-20 is an experimental Bitcoin token convention using Ordinals inscriptions and indexed JSON operations to deploy, mint, and transfer fungible balances. Bitcoin…

Breach and Attack Simulation (BAS)

Breach and Attack Simulation (BAS) is the controlled and repeatable execution of adversary-like techniques to test whether security controls can prevent, detect,…

Breaking Change

Breaking Change is a technical interface or data-contract concept that alters an interface or behavior so existing consumers may fail, misinterpret results,…

Bridge

A bridge is infrastructure that moves assets or messages between separate blockchain environments through a defined verification and execution process. Bridge designs…

Bridge Aggregator

A bridge aggregator compares or routes cross-chain transfers across multiple bridges to optimize price, speed, liquidity, or supported destinations. Aggregation improves convenience…

Bridge Audit

A bridge audit is an independent security review of cross-chain contracts, validators, messaging, custody, governance, and operational dependencies. Bridge Audit must define…

Bridge Contract

A bridge contract is on-chain logic that receives assets or messages, verifies authorization, and executes one side of a cross-chain transfer. Because…

Bridge Delay

Bridge delay is the time between a source-chain action and spendable destination completion, including finality, verification, relaying, and execution. Quoted completion times…

Bridge Exploit

Bridge Exploit is an attack or weakness pattern that abuses a weakness in cross-chain verification, custody, contracts, keys, or governance to steal…

Bridge Failure Scenario

A bridge failure scenario is a defined condition where cross-chain transfer safety, liveness, accounting, or asset backing breaks or becomes uncertain. Failures…

Bridge Finality

Bridge finality is the point when a cross-chain message or transfer is considered irreversible under both chain consensus and bridge verification rules.…

Bridge Guardian

A bridge guardian is an authorized participant that signs, approves, pauses, monitors, or helps recover cross-chain operations under defined governance rules. Guardian…

Bridge Relayer

A bridge relayer transports verified cross-chain messages or proofs and submits the transaction needed to execute them on the destination network. A…