Glossary-R

R

Rekt

Slang

Intentional misspelling of "wrecked."

A situation where someone has experienced a substantial financial loss.

See also: #Rug/Rug Pull

Replacement Transaction

A new transaction submitted to a blockchain network intended to update or modify the parameters of a pending transaction.

See also: #Cancel Transactions, #Pending Transaction, #Speed Up Transactions, #Stuck Transactions, #Transaction, #Transaction Fee

Rinkeby

A public Ethereum test network, now deprecated.

See also: #Ethereum, #Proof of Authority, #Testnet

Rollup

A #Layer 2 scaling solution that aggregates transactions or computations off-chain into a single batch before adding them to a blockchain.

See also: #Arbitrum, #Optimism, #Optimistic Rollups, #ZK-Rollup

Ropsten

A public Ethereum test network, now deprecated.

See also: #Ethereum, #Testnet

Rug/Rug Pull

Slang

A deliberate withdrawal of support for a project by its founders. More generally, it can refer to any situation or product that suddenly takes a turn for the worse.

See also: #Pump and Dump, #Rekt

RWA

Acronym - Real World Assets

Tangible assets represented by digital tokens on a blockchain. Tokenizing physical assets allows for fractional ownership and transparent transaction records and can reduce some types of friction associated with trading physical items in a global market.

See also: #Fractionalize, #Tokenization