Network Validation
Network validation is the process of checking blockchain data and state transitions against protocol rules before accepting, relaying, or building upon them.…
Glossary terms starting with N
Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.
Network Value
Network value is the economic worth attributed to a blockchain, commonly measured through its native asset's market capitalization or secured activity. Market…
Network Value to Transactions (NVT)
NVT is a valuation ratio comparing a cryptocurrency network's market value with the monetary value of transactions settled over a period. Method…
Network Version
A network version identifies the protocol, software, message, address, or transaction rule set expected by a blockchain component at a given time.…
Network Withdrawal Fee
A network withdrawal fee is a charge applied when digital assets are sent from a platform or wallet to an external blockchain…
Network-Based Confirmation
Network-based confirmation accepts a merchant payment only after blockchain-derived inclusion or finality evidence meets a predefined settlement policy. The policy should also…
Network-Based Confirmation Threshold
A network-based confirmation threshold is a payment policy that assigns different confirmation or finality requirements according to the blockchain on which a…
Network-Based Payment Matching
Network-based payment matching is the attribution of an incoming transfer using the blockchain network as a required matching dimension alongside asset, address,…
Network-Specific Payment Asset
A network-specific payment asset is a cryptocurrency or token defined together with the blockchain network on which it is accepted, such as…
Next-Day Settlement
Next-day settlement makes eligible proceeds available or transfers them on the next defined business or calendar day after the transaction or cutoff.…
NFT Aggregator
NFT Aggregator is an application that combines listings, prices, collection data, liquidity, or trading routes from multiple NFT marketplaces and presents them…
NFT Bridge
An NFT bridge transfers or represents a non-fungible token across blockchains by locking, burning, minting, or messaging ownership state. Metadata, media, royalties,…
NFT Collection
NFT Collection is a defined group of NFTs associated through one contract, collection identifier, creator, metadata structure, brand, theme, or verification record.…
NFT Drop
NFT Drop is a scheduled or rule-based release of NFTs to buyers, allowlisted wallets, community members, or the public through minting, claiming,…
NFT Fractionalization
NFT Fractionalization is the process of placing an NFT or NFT portfolio into a contract or legal structure and issuing divisible units…
NFT Marketplace
NFT Marketplace is a platform or protocol where users discover, list, bid on, buy, sell, auction, or transfer NFTs, often through signed…
NFT Minting
NFT Minting is the creation of a non-fungible token identifier and its initial assignment under an NFT contract, collection program, compressed tree,…
NFT Royalty
NFT Royalty is a payment amount or percentage associated with certain secondary NFT sales and intended for a creator, rights holder, collection…
NFT Staking
NFT Staking is an arrangement in which an NFT holder locks, deposits, delegates, or registers an NFT with a protocol to receive…
NFT-Gated Access
NFT-Gated Access is an authorization method that grants entry to content, software, communities, events, discounts, or functions after verifying control of a…
No Chargeback
No chargeback describes a payment method or transaction that does not use the card-scheme chargeback mechanism. It does not mean the payment…
No-KYC Payment
A no-KYC payment allows a transaction without requiring the payer or merchant to complete a provider's standard identity-verification process beforehand. No- KYC…
Node
A node is a computer running protocol software that communicates with peers and performs one or more blockchain network roles. Full nodes…
Node Availability
Node availability is the degree to which a blockchain node is reachable, synchronized, responsive, and capable of providing its intended service when…