Lets you send Lightning payments directly without an invoice by including the recipient’s public key in the payment.
Protocols enabling interoperability and communication between different blockchain networks, forming the foundational infrastructure for distributed systems and managing data transfer and consensus mechanisms.
These frameworks build on Layer 2, enhancing functionality like privacy, interoperability, or scalability for decentralized applications or blockchain networks.
LaaS provides cloud-based platforms enabling businesses to manage, store, and access secure, real-time digital ledger data without needing in-house infrastructure.
A user-friendly, email-like identifier for receiving Lightning Network payments, simplifying long wallet addresses into easy-to-share formats for rapid Bitcoin transactions.
Lightning Improvement Proposal (LIP) refers to proposed changes to the Lightning Network. These proposals aim to enhance or improve the network's functionality.
A payment request on the Bitcoin Lightning Network containing details for a transaction, like amount and destination, enabling faster and cheaper off-chain payments.
The ability of an asset to be quickly bought or sold in the market without affecting its price significantly.
Lightning Network Command Line Interface is a tool for interacting with a Lightning node using typed commands.
Lightning Network Daemon is an open-source software that lets people run Lightning Network nodes to send payments.
Lightning Network URL, a protocol allowing Bitcoin Lightning wallets to simplify transactions by handling complex operations like payments, withdrawals, and channel management with user-friendly URLs.
Local balance refers to the amount of available cryptocurrency or funds within a specific account or wallet for immediate transactions without network confirmation.
Routing Bitcoin funds between the main blockchain and the Lightning Network, enabling faster, cheaper transactions without moving funds on-chain directly.
A flexible authorization token in systems that offers decentralized access control, allowing users to delegate permissions with specific constraints or conditions.
The fully operational blockchain network where cryptocurrency transactions are processed, validated, and recorded on a distributed ledger accessible to the public.
Memory Pool holds unconfirmed Bitcoin transactions waiting to be added to the blockchain by miners.
A Merkle tree is a data structure that organizes and verifies blockchain transactions efficiently using cryptographic hashes in a hierarchical, tree-like format.
Maximal Extractable Value is the profit miners or validators can make by reordering, including, or excluding transactions in a blockchain.
A mobile wallet is a digital application on a smartphone that stores credit card information for making electronic payments or managing cryptocurrencies.
MPP allows a large payment to be divided into smaller parts sent over multiple routes within a network, increasing efficiency and success rates.
A multi-signature wallet requires multiple private keys from different users to authorize a cryptocurrency transaction, enhancing security and reducing the risk of unauthorized access.
A digital-only bank offering financial services through mobile apps or websites without physical branches, focusing on user-friendly interfaces and low fees.
The physical or logical arrangement of nodes and connections in a network, determining how data flows within a cryptocurrency or fintech system.
A computer that participates in a blockchain network by maintaining a copy of the ledger and validating transactions.
A user-defined name for a Bitcoin network node that helps identify it easily, often used for personalization or branding within the network.
A node operator maintains and verifies transactions on a blockchain network, ensuring data integrity and network operation by running specialized software on connected devices.
A random or semi-random number generated for a specific transaction or mining process to ensure uniqueness and prevent replay in blockchain networks.
Transactions processed outside the blockchain to increase speed and reduce fees, often involving trusted third parties or separate networks.
Transactions or activities directly recorded and verified on a blockchain, ensuring transparency, security, and immutability within the decentralized network.
Analyzing blockchain data to track transactions, assess network health, and derive insights on cryptocurrency activities using publicly accessible ledger information.
Onion routing conceals data through multiple layers of encryption, routing it through several network nodes to enhance privacy and anonymity in digital communication.
A proposed Bitcoin feature allowing users to lock coins in a secure vault and recover them if compromised before a set delay expires.
A block in a blockchain that is not part of the main chain due to being mined almost simultaneously with another block.
Over-the-counter refers to trading financial instruments directly between parties without using a central exchange, often for large transactions in cryptocurrencies or stocks.
Over-the-Counter Desk facilitates direct cryptocurrency trades between buyers and sellers, often involving large volumes, outside traditional exchanges, offering privacy and personalized service.
The amount of funds a Lightning Network node can send to other nodes before needing an inbound balance increase.
PSBT is a Bitcoin transaction format that allows multiple parties to collaboratively sign a transaction without needing all private keys present at once.
Pathfinding is the process of determining optimal routes for transactions or data through a network to minimize fees and maximize efficiency.
A method allowing multiple blockchain transactions between parties without recording each on-chain, enhancing speed and reducing fees until closure.
Payment forwarding involves routing digital currency payments through intermediaries to reach the final recipient, often optimizing transaction efficiency and reducing costs.
A unique cryptographic value generated from a preimage used to authenticate and verify Lightning Network transactions ensuring security and preventing double-spending.
A secret value in blockchain transactions used to unlock a hash, allowing the transfer of funds in hashed time-lock contracts.
A payment rail is the infrastructure or network allowing transactions and money transfers between parties domestically or internationally, like banks or digital platforms.
Individuals or nodes with equal status in a decentralized network who can directly interact or transact without intermediaries.
A private channel is a Lightning Network connection allowing two parties to transact off-chain privately without broadcasting details to the wider Bitcoin network.
A secret code in cryptocurrency that allows you to access and manage your digital assets, ensuring only you can authorize transactions.
Proof of Work (PoW) and Proof of Stake (PoS) are consensus mechanisms for validating transactions and securing blockchain networks through computational power or coin holdings, respectively.
A set of rules and standards that govern how data is exchanged between computers in a network, ensuring secure and consistent communication.
A publicly visible payment path in Bitcoin's Lightning Network that allows anyone to route transactions between nodes for faster and cheaper payments.
A request for information from a database to retrieve specific data, often used in blockchain or fintech systems to analyze transactions.
Assets that exist physically like real estate, commodities, or equities, which can be tokenized or represented on blockchain for digital trading or investment.
Realized Capitalization measures a cryptocurrency's value by totaling each coin's last moved price, reflecting the network's actual usage over speculative market value.
Revocation, in Bitcoin or Fintech, means canceling or invalidating a transaction, certificate, or key to prevent its future use or validation.
A rollup is a Layer 2 scaling solution that processes transactions off-chain, reducing congestion and fees while maintaining blockchain security.
Routing involves determining the most efficient path for transactions or data to travel through a network to reach their destination.
A fee paid to network nodes for forwarding a payment transaction from sender to receiver on the Bitcoin Lightning Network.
The smallest unit of Bitcoin currency, equal to 0.00000001 BTC, used for precise transactions and named after Bitcoin's creator, Satoshi Nakamoto.
Schnorr signatures enhance Bitcoin's efficiency by allowing multiple signatures to be combined into one, improving transaction privacy and reducing blockchain space usage.
A sequence of words used to recover cryptocurrency wallets, allowing users to regain access to their digital assets in case of loss or theft.
SegWit is a Bitcoin protocol upgrade that separates transaction signatures to increase block capacity and improve scalability, efficiency, and security.
Individuals independently manage and secure their own cryptocurrency or digital assets without relying on third-party services or institutions.
A blockchain network facilitating the final confirmation and recording of transactions, ensuring secure, immutable, and completed transactions between parties.
Shamir's Secret Sharing (SSS) splits a secret into parts, requiring a specific number of parts to reconstruct the original secret.
Independent blockchains linked to a main blockchain allowing assets to be securely transferred between them, enabling scalability and new features without altering the main chain.
Digital signatures verify the authenticity and integrity of a message or transaction, ensuring it was sent by the claimed sender in cryptocurrencies.
The difference between the expected price of a trade and the price at which the trade is actually executed, often due to market volatility.
A self-executing contract with terms written into code that automatically enforces and verifies agreements on a blockchain without intermediaries.
Sphinx is a privacy-focused payment protocol using Lightning Network, enabling secure and anonymous transactions by concealing payment routes through onion routing.
Splicing is a Bitcoin protocol improvement that allows users to modify existing channel balances without interrupting ongoing payment channels, enhancing efficiency and flexibility.
A state channel is a private communication path allowing off-chain transactions between parties, reducing blockchain interaction and costs until final settlement.
A Submarine Swap is a private, off-chain transaction exchanging cryptocurrencies between different blockchain networks without revealing the swap details publicly.
A Sybil attack is when one person creates many fake identities to gain control or influence over a network, compromising its integrity.
A digital asset mimicking the value of USD, backed by cryptocurrencies or blockchain-based mechanisms, often used in decentralized finance to facilitate stable transactions.
A Bitcoin upgrade enhancing privacy and scalability by optimizing transaction data storage, allowing more complex smart contracts and improving overall network efficiency.
Taro is a Bitcoin protocol enabling the creation and transfer of assets and tokens on the Bitcoin blockchain without altering the Bitcoin network.
A test network allowing developers to test and experiment with blockchain applications without using real cryptocurrency or affecting the main network.
A Threshold Signature Scheme (TSS) allows multiple parties to jointly create a valid signature without revealing individual private keys or using a single point of failure.
A financial agreement that requires a specific time to pass before funds can be accessed or transactions processed, enhancing security and flexibility.
A chronological record of bitcoin transactions stored in blocks, forming a sequential chain that supports the decentralized verification system known as the blockchain.
A digital asset or unit of value issued on a blockchain, representing assets, rights, or access, often used in cryptocurrency and fintech applications.
The Onion Router is a network that anonymizes internet traffic by routing it through multiple servers, enhancing privacy for Bitcoin transactions and fintech activities.
In Bitcoin's Lightning Network, smaller nodes use intermediary larger nodes to route payments, reducing their need for full network knowledge and simplifying transactions.
Universal Market Access is a protocol allowing users to create synthetic financial contracts on Ethereum, enabling decentralized financial products without traditional barriers.
Uniform Resource Identifier is a string that identifies a resource on the internet, often used to specify Bitcoin addresses for transactions.
Unspent Transaction Output: A record of cryptocurrency received in a transaction that can be used as input in a future transaction.
Verification is the process of confirming the identity or information of users or transactions to ensure authenticity and prevent fraud in financial systems.
VPN encrypts internet connections to secure online privacy, mask user location, and enable safe access to restricted services or websites.
In Bitcoin's Lightning Network, a watchtower is a service that monitors users' channels for fraudulent transactions to help protect against fund theft.
The third generation of the internet focused on decentralization, blockchain technology, and user-owned data, enabling peer-to-peer interactions and smart contracts.
Extended public key allows users to generate multiple Bitcoin addresses from a single wallet, enhancing privacy and convenience without exposing private keys.
YAML Ain't Markup Language is a human-readable data format used for configuration files and data serialization in software applications.
A Bitcoin transaction that is broadcast to the network but not yet confirmed by miners, making it faster but riskier.
