Nakamoto Consensus
Nakamoto consensus combines proof of work, open block production, and accumulated-chain fork choice to reach probabilistic agreement without fixed validator membership. Temporary…
Glossary terms starting with N
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Native Asset Payment
A native asset payment is a payment made with the blockchain's built-in currency rather than with a token issued by a smart…
Native Bridge
A native bridge is the officially integrated mechanism for moving assets or messages between a base chain and its associated layer or…
Native Gas Token
A native gas token is the protocol-recognized asset used to pay transaction execution and data fees directly on a blockchain network. Examples…
Native Stablecoin
A native stablecoin is a stablecoin issued directly on a blockchain under the authority of its recognized issuer or protocol, rather than…
Native Token
Native token can refer to a blockchain’s built-in asset or to an asset issued directly through a network’s native token framework rather…
Native Transfer
A native transfer moves a blockchain’s built-in asset using the network’s base transaction mechanism rather than a token contract. Examples include bitcoin…
Near-Instant Settlement
Near-instant settlement completes or makes settlement value available within seconds or minutes rather than immediately or in a later batch. The term…
Near-Real-Time Reconciliation
Near-real-time reconciliation matches payment and financial records continuously or at short intervals, accepting a small processing delay rather than requiring instantaneous agreement.…
Nervos Network (CKB)
Nervos CKB is a proof-of-work Layer 1 using a cell-based state model, RISC-V virtual machine, and CKB native capacity asset. CKB-VM executes…
Net Crypto Settlement
Net crypto settlement offsets multiple payment credits and debits before transferring or crediting a single net amount. For a merchant, the calculation…
Net Payment Volume
Net payment volume is processed payment value after subtracting specified reversals, refunds, chargebacks, or other exclusions from gross transaction value. Net Payment…
Net Revenue Retention (NRR)
Net Revenue Retention (NRR) is a recurring-revenue metric that measures how starting-customer revenue changes after churn, contraction, expansion, and reactivation within a…
Net Settlement
Net settlement discharges the net amount owed after eligible payment obligations are offset under defined rules. It can be bilateral or multilateral…
Net Settlement System
A net settlement system is an infrastructure that settles participant obligations on a net basis after offsetting eligible payment or transfer instructions.…
Network Activity
Network activity is the measurable use and operation of a blockchain, including transactions, addresses, contracts, blocks, fees, and validator participation. No single…
Network Allowlist
A network allowlist restricts an application, wallet, or service to explicitly approved blockchain networks, chain identifiers, endpoints, or routes. The control prevents…
Network Availability
Network availability is the ability of a blockchain and its supporting access infrastructure to accept, propagate, process, and expose transactions when needed.…
Network Compatibility
Network compatibility is the ability of software, assets, addresses, and protocols to operate correctly with a specific blockchain's rules and interfaces. Two…
Network Concentration
Network concentration measures how much validation, infrastructure, liquidity, governance, or access is controlled by a limited group of participants. A large node…
Network Confirmation
A network confirmation is protocol-recognized evidence that a transaction has been included and accepted within a blockchain's evolving canonical history. Other networks…
Network Congestion
Network congestion occurs when transaction or message demand approaches available processing, propagation, execution, or block-space capacity and delays service. Congestion can affect…
Network Delay
Network delay is the elapsed time required for blockchain messages, transactions, blocks, proofs, or responses to travel between relevant participants. Delay is…
Network Detection and Response (NDR)
Network detection and response is the capability to analyze network traffic and related telemetry for suspicious behavior, investigate threats, and support containment…