Web3 Glossary P

Parachains are a type of blockchain technology built on top of a shared infrastructure or mainchain. The mainchain provides a...

Passive income is a type of income that is earned without the need for active participation or effort from the...

Peer-to-peer (P2P) is a type of computer network architecture that allows users to share resources and exchange data directly with...

Phishing is a type of cybercrime that involves tricking people into providing sensitive information such as passwords, credit card numbers,...

Polkadot is a multi-chain platform that allows for the interoperability of different blockchain networks. It aims to provide a seamless...

Polygon (formerly known as Matic Network) is an Ethereum-compatible blockchain platform that focuses on scalability and security. It aims to...

A Ponzi scheme is a fraudulent investment scheme that relies on constantly recruiting new investors to generate returns for older...

Proof-of-Authority (PoA) is a consensus algorithm used for blockchains that require high levels of security and speed. It operates by...

Proof-of-stake (PoS) is a consensus algorithm used in blockchain technology. It is designed as an alternative to proof-of-work (PoW) algorithms,...

Proof-of-work (PoW) is a consensus algorithm that is widely used in blockchain technology to secure the network, validate transactions, and...