Product Risk
Product risk is the possibility that a product’s design, operation, distribution, or use causes financial, legal, security, or customer harm. Decision-makers use…
Glossary terms starting with P
Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.
Production Payment
A production payment is a real payment processed in a live environment using actual customer data, credentials, funds, and financial obligations. For…
Profile Picture NFT (PFP)
Profile Picture NFT is an NFT commonly used as a social avatar and typically issued as one item within a visual collection…
Program Account
A program account is an account that stores or identifies executable blockchain code. On Solana, a program account is marked executable and…
Program Data Account
A Program Data Account is a Solana account that stores an upgradeable program's executable code and its upgrade authority metadata. Separating the…
Program Derived Address (PDA)
A Program Derived Address is a deterministic Solana address derived from a program ID and seeds without a corresponding private key. The…
Programmable Asset
Programmable Asset is a digital asset whose issuance, transfer, holding, settlement, lifecycle, or associated rights can be controlled or automated through software…
Programmable Crypto Payment
Programmable Crypto Payment is a crypto payment whose execution, release, allocation, timing, or conditions are controlled partly by software or smart-contract logic.…
Programmable Token Transfer
A programmable token transfer is a token movement that occurs only after software-defined conditions, permissions, schedules, or external evidence have been satisfied.…
Programmable Wallet
A programmable wallet is a wallet whose authorization, transaction, recovery, or spending behavior can be configured or enforced through software rules. For…
Programmatic Transaction
A programmatic transaction is a blockchain transaction created, submitted, or managed by software according to predefined logic rather than being manually assembled…
Project Treasury
A project treasury is the pool of assets controlled for financing a defined project, product, community, protocol, or development program. For Project…
Proof of Attendance Protocol (POAP)
POAP is a system for issuing collectible digital badges that attest a wallet participated in or attended a defined event. A POAP…
Proof of Control
Proof of Control is evidence that a person or system can authorize use of a blockchain address or cryptographic key, commonly by…
Proof of Payment
Proof of payment is evidence that a payer initiated or completed a payment-related action, such as a receipt, bank confirmation, provider record,…
Proof of Reserves
Proof of Reserves is a method intended to provide evidence that a custodian, exchange, issuer, or platform controls specified reserve assets at…
Proof of Space
Proof of Space is a cryptographic mechanism demonstrating that a participant has dedicated a measurable amount of storage capacity. Blockchain designs can…
Proof of Stake (PoS)
Proof of Stake is a consensus family where deposited or delegated economic stake influences block proposal, voting, rewards, and penalties. Designs vary…
Proof of Stake Coin
A Proof of Stake coin is a blockchain's native asset used to weight, bond, reward, or delegate participation in PoS consensus. Holding…
Proof of Work (PoW)
Proof of Work is a consensus mechanism where miners expend computation to find valid block proofs that nodes can verify cheaply. Nodes…
Proof of Work / Proof of Stake Hybrid
A Proof of Work and Proof of Stake hybrid combines mining with stake-based voting, finality, eligibility, or governance in one consensus design.…
Proof of Work Coin
A Proof of Work coin is the native monetary asset of a blockchain whose block history is secured through mining. The coin…
Propagation Delay
Propagation delay is the time required for a transaction, block, or protocol message to travel from its origin through enough network peers…
Protocol Audit
Protocol Audit is an assurance or evaluation activity that evaluates a protocol’s design, implementation, assumptions, incentives, and operating controls for security or…