Glossary¶
A comprehensive dictionary of terms used in EVMORE and cryptocurrency.
A¶
Address¶
A unique identifier (starting with 0x on Ethereum) where cryptocurrency can be sent. Like an email address for crypto. Example: 0x742d35Cc6634C0532925a3b844Bc9e7595f9b1E9
ASIC (Application-Specific Integrated Circuit)¶
Specialized hardware designed for a single purpose, like Bitcoin mining. EVMORE's algorithm is designed to resist ASIC dominance.
APY (Annual Percentage Yield)¶
The real rate of return earned on an investment over a year, including compound interest.
B¶
Block¶
A bundle of transactions that are confirmed together on the blockchain. EVMORE targets one block every 10 minutes.
Block Explorer¶
A website that allows you to view all transactions, blocks, and addresses on a blockchain. Etherscan is the most popular for Ethereum.
Block Reward¶
The amount of new tokens created and given to miners for successfully mining a block. Currently 50 EVMORE.
Blockchain¶
A distributed digital ledger that records all transactions across a network of computers. Immutable and transparent.
Bridge¶
A protocol that allows tokens to move between different blockchains. EVMORE will have bridges to Polygon and other chains.
C¶
Challenge¶
In EVMORE mining, the puzzle that miners must solve. Derived from blockchain data and changes each epoch.
Collision¶
In cryptography, when two different inputs produce the same output. EVMORE mining requires finding collision patterns.
Cold Wallet¶
A wallet that is not connected to the internet, providing maximum security. Hardware wallets are cold wallets.
Consensus¶
The mechanism by which a blockchain network agrees on the current state. EVMORE uses proof-of-work consensus.
Contract Address¶
The unique address where a smart contract is deployed. EVMORE's token has a contract address on Ethereum.
Cryptocurrency¶
Digital or virtual currency secured by cryptography. EVMORE is a cryptocurrency.
Custody¶
Control over cryptocurrency. Self-custody means you hold your own keys; custodial means a third party holds them.
D¶
dApp (Decentralized Application)¶
An application built on a blockchain that operates without central control.
Decentralization¶
Distribution of control away from a central authority. EVMORE is decentralized through mining.
DeFi (Decentralized Finance)¶
Financial services built on blockchain without traditional intermediaries. Includes lending, trading, and more.
DEX (Decentralized Exchange)¶
A cryptocurrency exchange that operates without a central authority. Examples: Uniswap, Sushiswap.
Difficulty¶
A measure of how hard it is to mine a block. EVMORE adjusts difficulty to maintain 10-minute block times.
Digital Gold¶
A term for cryptocurrencies designed to function as a store of value, like physical gold. EVMORE is designed as digital gold.
E¶
Epoch¶
In EVMORE, a time period during which mining occurs. Rewards are distributed at the end of each epoch.
ERC-20¶
A technical standard for tokens on Ethereum. EVMORE is an ERC-20 token.
Ethereum¶
A blockchain platform that supports smart contracts. EVMORE is deployed on Ethereum.
ETH (Ether)¶
The native cryptocurrency of Ethereum, used to pay for transactions.
F¶
Fair Launch¶
A token launch with no premine, no ICO, and equal opportunity for all participants. EVMORE has a fair launch.
Fiat¶
Government-issued currency not backed by a commodity. Examples: USD, EUR, GBP.
Fork¶
A change to a blockchain's protocol. Can be "hard" (not backward compatible) or "soft" (backward compatible).
G¶
Gas¶
The unit measuring computational effort on Ethereum. You pay gas fees (in ETH) for transactions.
Gas Limit¶
The maximum amount of gas you're willing to spend on a transaction.
Gas Price¶
The amount of ETH you pay per unit of gas. Higher gas price = faster confirmation.
Genesis Block¶
The first block of a blockchain.
H¶
Halving¶
An event where the block reward is cut in half. EVMORE halves every 210,000 blocks (~4 years).
Hardware Wallet¶
A physical device that stores cryptocurrency keys offline. Examples: Ledger, Trezor.
Hash¶
The output of a cryptographic hash function. A fixed-size string that uniquely represents input data.
Hashrate¶
The speed at which a miner can compute hashes. Measured in hashes per second (H/s).
HODL¶
Slang for "hold" - the strategy of holding cryptocurrency long-term regardless of price movements.
Hot Wallet¶
A wallet connected to the internet. More convenient but less secure than cold wallets.
I¶
ICO (Initial Coin Offering)¶
A fundraising method where new tokens are sold to early investors. EVMORE had no ICO.
Immutable¶
Cannot be changed. Blockchain transactions are immutable once confirmed.
Impermanent Loss¶
The temporary loss of value when providing liquidity to a DEX, compared to simply holding the assets.
K¶
Keccak¶
The cryptographic hash function family that includes SHA-3. EVMORE uses Keccak in its mining algorithm.
KeccakCollision¶
EVMORE's unique mining algorithm that requires finding collision patterns in Keccak hashes.
KYC (Know Your Customer)¶
Identity verification required by some exchanges and services.
L¶
Layer 1 (L1)¶
The base blockchain layer. Ethereum is Layer 1; EVMORE runs on Ethereum L1.
Layer 2 (L2)¶
Scaling solutions built on top of Layer 1. Examples: Polygon, Arbitrum.
Liquidity¶
The ease with which an asset can be bought or sold without affecting its price.
Liquidity Pool¶
A collection of funds locked in a smart contract, used for decentralized trading.
LP (Liquidity Provider)¶
Someone who deposits funds into a liquidity pool.
M¶
Mainnet¶
The main, production blockchain network. Opposite of testnet.
Market Cap¶
Total value of a cryptocurrency, calculated as price × circulating supply.
Memory-Hard¶
An algorithm that requires significant RAM, making it resistant to specialized hardware. EVMORE's algorithm is memory-hard.
Mempool¶
The waiting area for unconfirmed transactions before they're included in a block.
MetaMask¶
A popular Ethereum wallet browser extension and mobile app.
Miner¶
Someone who uses computational power to validate transactions and create new blocks.
Mining¶
The process of using computational power to validate transactions and earn cryptocurrency rewards.
Mining Pool¶
A group of miners who combine their computing power and share rewards.
Minting¶
Creating new tokens. In EVMORE, minting happens through mining.
N¶
Network¶
The collection of computers (nodes) running blockchain software.
Node¶
A computer that participates in a blockchain network by storing and validating data.
Nonce¶
A number used once. In mining, the nonce is varied to find valid solutions.
O¶
On-Chain¶
Transactions or data recorded directly on the blockchain.
Oracle¶
A service that provides external data to smart contracts.
P¶
Private Key¶
A secret number that allows you to spend your cryptocurrency. Never share your private key.
Proof-of-Stake (PoS)¶
A consensus mechanism where validators are chosen based on their token holdings.
Proof-of-Work (PoW)¶
A consensus mechanism requiring computational effort to validate transactions. EVMORE uses PoW.
Protocol¶
The rules governing how a blockchain network operates.
Public Key¶
A cryptographic key that can be shared publicly. Your address is derived from your public key.
R¶
Recovery Phrase (Seed Phrase)¶
A series of 12-24 words that can restore your wallet. Keep this secret and secure.
Reentrancy¶
A type of smart contract vulnerability. EVMORE contracts have reentrancy protection.
RPC (Remote Procedure Call)¶
A protocol for communicating with blockchain nodes.
S¶
Satoshi¶
The smallest unit of Bitcoin (0.00000001 BTC). Named after Bitcoin's creator.
Scarcity¶
Limited availability. EVMORE has a maximum supply of 21 million, creating digital scarcity.
Smart Contract¶
Self-executing code stored on a blockchain. EVMORE is implemented as smart contracts.
Slippage¶
The difference between expected price and execution price in a trade.
Staking¶
Locking up tokens to earn rewards. Different from EVMORE's proof-of-work mining.
Supply¶
The total amount of a cryptocurrency in existence. EVMORE has a maximum supply of 21 million.
T¶
Testnet¶
A blockchain network for testing, using tokens with no real value.
Token¶
A cryptocurrency that runs on another blockchain. EVMORE is an ERC-20 token on Ethereum.
Total Value Locked (TVL)¶
The total value of assets deposited in a DeFi protocol.
Transaction¶
A transfer of value on a blockchain.
Transaction Fee¶
The cost paid to process a blockchain transaction. On Ethereum, this is the gas fee.
U¶
Utility Token¶
A token that provides access to a service or functionality.
V¶
Validator¶
In proof-of-stake systems, a participant who validates transactions.
Volatility¶
The degree of price variation over time. Cryptocurrencies typically have high volatility.
Vyper¶
A Python-like smart contract programming language focused on security. EVMORE contracts are written in Vyper.
W¶
Wallet¶
Software or hardware that stores your cryptocurrency keys and allows you to send/receive funds.
Wei¶
The smallest unit of ETH (0.000000000000000001 ETH).
Whale¶
Someone who holds a large amount of cryptocurrency.
Whitepaper¶
A document explaining a cryptocurrency project's technology and goals.
Wrapped Token¶
A token that represents another cryptocurrency on a different blockchain.
Y¶
Yield¶
Returns earned on a cryptocurrency investment, often through DeFi protocols.
Yield Farming¶
The practice of moving funds between DeFi protocols to maximize returns.
Numbers¶
51% Attack¶
An attack where someone controls more than half of a network's mining power, allowing them to manipulate transactions.
21 Million¶
The maximum supply of EVMORE tokens, matching Bitcoin's supply cap.
Quick Reference¶
Common Units¶
| Unit | Value |
|---|---|
| 1 EVMORE | 10^18 wei |
| 1 ETH | 10^18 wei |
| 1 Gwei | 10^9 wei |
Common Abbreviations¶
| Abbreviation | Meaning |
|---|---|
| APY | Annual Percentage Yield |
| CEX | Centralized Exchange |
| DEX | Decentralized Exchange |
| DeFi | Decentralized Finance |
| DYOR | Do Your Own Research |
| FOMO | Fear Of Missing Out |
| FUD | Fear, Uncertainty, Doubt |
| H/s | Hashes per second |
| LP | Liquidity Provider |
| TVL | Total Value Locked |
This glossary covers the most common terms. For technical details, see the Developer Documentation.