Explore essential terms related to the Mchain Blockchain, aiding your understanding of the MAR platform. E
Free distribution of a cryptocurrency token or coin to a large number of wallet addresses.
A digital ledger of transactions, duplicated across a network of computers.
Units of data stored on the blockchain.
Validators who have been elected to participate in the consensus protocol by having tokens staked.
The act of locking up a certain amount of cryptocurrency to support the security and operations of a network.
Destroying cryptocurrency permanently, removing it from circulation.
The fee taken by validators or delegators as a reward for validating and adding blocks to the blockchain.
A communal fund that contains accrued funds to be spent on community initiatives.
Agreement reached by the network on the state of the blockchain.
A framework for building blockchain applications in Golang, tailored for Cosmos.
A smart contracting platform built for the Cosmos SDK.
Decentralized Application that operates on a blockchain network rather than a single centralized server.
Distributed Denial of Service attack, a cyber-attack that seeks to disrupt the normal traffic of a network.
Decentralized Finance, an ecosystem of financial applications built on top of blockchain platforms.
To entrust tokens to a validator for staking purposes.
A person who delegates their tokens to a validator to participate in the consensus protocol.
A token standard on the Ethereum blockchain, enabling the creation of fungible tokens.
A server that hosts a complete copy of the blockchain data.
Fees associated with executing transactions or smart contracts on a blockchain network.
The system by which changes or decisions are made within a blockchain network.
A formalized suggestion for changes or actions in a blockchain network.
Inter-Blockchain Communication, a protocol that enables different blockchain networks to communicate.
The primary public blockchain network of a platform.
The native cryptocurrency token of the Mchain platform.
The ERC20 version of the MAR token on the Ethereum blockchain.
The foundational code and protocols that power the Mchain blockchain.
The daemon, or background service, associated with Mchain.
A component within the Cosmos SDK that encapsulates core functionality for a specific purpose.
Entities that submit external information or data to a blockchain.
Liquidity reservoirs or groups of tokens, often used in DeFi protocols.
Proof of Stake
A consensus mechanism where block validation is tied to the amount of cryptocurrency a person holds or stakes.
The minimum number of members required to conduct business or make decisions.
The process of moving staked tokens from one validator to another.
A token that redistributes a percentage of each transaction to existing holders.
Cryptocurrency earned by validators and delegators for validating and adding blocks.
When a validator stakes their own tokens on their infrastructure.
The penalty imposed on validators for malicious or faulty behavior.
The difference between the expected price of a trade and the executed price.
The cryptocurrency locked in a wallet to support the consensus and operations of a PoS blockchain.
The process of locking up funds to support network security and operations, in return for rewards.
A process where one cryptocurrency is exchanged for another at a set rate, often facilitated by decentralized platforms or automated market makers.
A separate blockchain used for testing and experimentation.
The aggregate of all staked tokens in the network.
The maximum amount of a cryptocurrency token that will ever be created. It represents the sum of all coins in circulation and those yet to be released.
The operational time of a node or validator.
Entities that propose and vote on blocks in the consensus protocol.
The influence of a vote in consensus or governance, often tied to the amount of cryptocurrency staked or held.