Glossary-L: Difference between revisions
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(Created page with "== L == <div class="toccolours"> ; === L1 === : ''Abbreviation - #Layer 1'' </div> <div class="toccolours"> ; === L2 === : ''Abbreviation - #Layer 2'' </div> <div class="toccolours"> ; === Lambo === : ''Slang'' :Lamborghini </div> <div class="toccolours"> ; === Lamport === : One billionth (1/1,000,000,000) of one SOL, the native token of the Solana network. :''See also: #SOL, #Solana''</div> <div class="toccolours"> ; === Layer 1 === : A primary or...") |
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=== L1 === | === L1 === | ||
: ''Abbreviation - [[#Layer 1]]'' | : ''Abbreviation - [[#Layer 1]]'' | ||
</div> | </div> | ||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== L2 === | === L2 === | ||
: ''Abbreviation - [[#Layer 2]]'' | : ''Abbreviation - [[#Layer 2]]'' | ||
</div> | </div> | ||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Lambo === | === Lambo === | ||
: ''Slang'' | : ''Slang'' | ||
:Lamborghini | : Lamborghini | ||
</div> | </div> | ||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Lamport === | === Lamport === | ||
: One billionth (1/1,000,000,000) of one SOL, the native token of the Solana network. | : One billionth (1/1,000,000,000) of one SOL, the native token of the Solana network. | ||
:''See also: [[#SOL]], [[#Solana]]''</div> | : ''See also: [[#SOL]], [[#Solana]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Layer 1 === | === Layer 1 === | ||
: A primary or foundational chain in a blockchain network, providing the fundamental infrastructure and core functionality. | : A primary or foundational chain in a blockchain network, providing the fundamental infrastructure and core functionality. | ||
:''See also: [[#AppChain]], [[#Blockchain]], [[#Layer 2]], [[#Sidechain]]''</div> | : ''See also: [[#AppChain]], [[#Blockchain]], [[#Layer 2]], [[#Sidechain]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Layer 2 === | === Layer 2 === | ||
: A secondary framework built on top of an existing blockchain network in order to address scalability and performance limitations by processing transactions and storing data off the main blockchain but maintaining a connection to ensure data integrity and security. | : A secondary framework built on top of an existing blockchain network in order to address scalability and performance limitations by processing transactions and storing data off the main blockchain but maintaining a connection to ensure data integrity and security. | ||
:''See also: [[#AppChain]], [[#Blockchain]], [[#Layer 1]], [[#Sidechain]]''</div> | : ''See also: [[#AppChain]], [[#Blockchain]], [[#Layer 1]], [[#Sidechain]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Light Client === | === Light Client === | ||
: Software that acts as an interface between users and a blockchain network and usually includes a cryptocurrency wallet but does not store the entire blockchain history, thereby minimizing resource requirements. | : Software that acts as an interface between users and a blockchain network and usually includes a cryptocurrency wallet but does not store the entire blockchain history, thereby minimizing resource requirements. | ||
:''See also: [[#Client]]''</div> | : ''See also: [[#Client]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Light Node === | === Light Node === | ||
: A node that does not store the entire blockchain history, but can connect to full nodes to retrieve the necessary information to check the authenticity and integrity of transactions. | : A node that does not store the entire blockchain history, but can connect to full nodes to retrieve the necessary information to check the authenticity and integrity of transactions. | ||
:''See also: [[#Node]], [[#Full Node]]''</div> | : ''See also: [[#Node]], [[#Full Node]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Liquidity === | === Liquidity === | ||
: The measure of how quickly an asset can be bought or sold efficiently in the market. Highly '''liquid''' items can be bought and sold quickly at a desirable valuation, while less '''liquid''' items may take more time and effort. | : The measure of how quickly an asset can be bought or sold efficiently in the market. Highly '''liquid''' items can be bought and sold quickly at a desirable valuation, while less '''liquid''' items may take more time and effort. | ||
:''See also: [[#Liquidity Pool]], [[#Liquidity Provider]]''</div> | : ''See also: [[#Liquidity Pool]], [[#Liquidity Provider]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Liquidity Pool === | === Liquidity Pool === | ||
: A reserve of funds provided by users of a decentralized exchange in order to provide liquidity, incentivized with rewards or benefits in relation to the amount of funds they supplied. Funds are controlled by a smart contract, which automates the process and removes the need for a central figure to control or oversee transactions. | : A reserve of funds provided by users of a decentralized exchange in order to provide liquidity, incentivized with rewards or benefits in relation to the amount of funds they supplied. Funds are controlled by a smart contract, which automates the process and removes the need for a central figure to control or oversee transactions. | ||
:''See also: [[#Liquidity]], [[#Liquidity Provider]]''</div> | : ''See also: [[#Liquidity]], [[#Liquidity Provider]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Liquidity Provider === | === Liquidity Provider === | ||
: An individual or entity that supplies funds to a liquidity pool, facilitating trading in exchange for rewards or benefits in relation to the amount of funds they provided. | : An individual or entity that supplies funds to a liquidity pool, facilitating trading in exchange for rewards or benefits in relation to the amount of funds they provided. | ||
:''See also: [[#Liquidity]], [[#Liquidity Pool]], [[#LP]]''</div> | : ''See also: [[#Liquidity]], [[#Liquidity Pool]], [[#LP]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Locking === | === Locking === | ||
: See [[#Staking]] | : See [[#Staking]] | ||
</div> | </div> | ||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== London Fork === | === London Fork === | ||
: A hard fork that occurred in August 2021 and a major upgrade to the Ethereum network, which introduced several changes meant to improve overall performance, address the issue of fluctuating and often high transaction fees, as well as moving the blockchain one step closer to shifting from a Proof of Work to a Proof of Stake consensus mechanism. | : A hard fork that occurred in August 2021 and a major upgrade to the Ethereum network, which introduced several changes meant to improve overall performance, address the issue of fluctuating and often high transaction fees, as well as moving the blockchain one step closer to shifting from a Proof of Work to a Proof of Stake consensus mechanism. | ||
:''See also: [[#Ethereum]], [[#Hard Fork]], [[#Proof of Stake]], [[#Proof of Work]]''</div> | : ''See also: [[#Ethereum]], [[#Hard Fork]], [[#Proof of Stake]], [[#Proof of Work]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== Loopring === | === Loopring === | ||
: An open-source layer 2 protocol and decentralized exchange built on top of Ethereum, leveraging zero-knowledge proofs and zkRollups to enable significantly more trades per second. | : An open-source layer 2 protocol and decentralized exchange built on top of Ethereum, leveraging zero-knowledge proofs and zkRollups to enable significantly more trades per second. | ||
:''See also: [[#Decentralized Exchange]], [[#Ethereum]], [[#Layer 2]], [[#Zero-Knowledge Proof]], [[#ZK-Rollup]]''</div> | : ''See also: [[#Decentralized Exchange]], [[#Ethereum]], [[#Layer 2]], [[#Zero-Knowledge Proof]], [[#ZK-Rollup]]'' | ||
</div> | |||
<div class="toccolours"> | <div class="toccolours"> | ||
; | ; | ||
=== LP === | === LP === | ||
: ''Acronym - [[#Liquidity Provider]]'' | : ''Acronym - [[#Liquidity Provider]]'' | ||
</div> | </div> | ||
Revision as of 21:07, 12 September 2024
L
Lambo
- Slang
- Lamborghini
Lamport
- One billionth (1/1,000,000,000) of one SOL, the native token of the Solana network.
Layer 1
- A primary or foundational chain in a blockchain network, providing the fundamental infrastructure and core functionality.
- See also: #AppChain, #Blockchain, #Layer 2, #Sidechain
Layer 2
- A secondary framework built on top of an existing blockchain network in order to address scalability and performance limitations by processing transactions and storing data off the main blockchain but maintaining a connection to ensure data integrity and security.
- See also: #AppChain, #Blockchain, #Layer 1, #Sidechain
Light Client
- Software that acts as an interface between users and a blockchain network and usually includes a cryptocurrency wallet but does not store the entire blockchain history, thereby minimizing resource requirements.
- See also: #Client
Light Node
- A node that does not store the entire blockchain history, but can connect to full nodes to retrieve the necessary information to check the authenticity and integrity of transactions.
- See also: #Node, #Full Node
Liquidity
- The measure of how quickly an asset can be bought or sold efficiently in the market. Highly liquid items can be bought and sold quickly at a desirable valuation, while less liquid items may take more time and effort.
- See also: #Liquidity Pool, #Liquidity Provider
Liquidity Pool
- A reserve of funds provided by users of a decentralized exchange in order to provide liquidity, incentivized with rewards or benefits in relation to the amount of funds they supplied. Funds are controlled by a smart contract, which automates the process and removes the need for a central figure to control or oversee transactions.
- See also: #Liquidity, #Liquidity Provider
Liquidity Provider
- An individual or entity that supplies funds to a liquidity pool, facilitating trading in exchange for rewards or benefits in relation to the amount of funds they provided.
- See also: #Liquidity, #Liquidity Pool, #LP
London Fork
- A hard fork that occurred in August 2021 and a major upgrade to the Ethereum network, which introduced several changes meant to improve overall performance, address the issue of fluctuating and often high transaction fees, as well as moving the blockchain one step closer to shifting from a Proof of Work to a Proof of Stake consensus mechanism.
- See also: #Ethereum, #Hard Fork, #Proof of Stake, #Proof of Work
Loopring
- An open-source layer 2 protocol and decentralized exchange built on top of Ethereum, leveraging zero-knowledge proofs and zkRollups to enable significantly more trades per second.
- See also: #Decentralized Exchange, #Ethereum, #Layer 2, #Zero-Knowledge Proof, #ZK-Rollup