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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.