Crypto Wiki

Limit Order
A limit order is a type of order used in trading to buy or sell a cryptocurrency at a specified price or better.

Lightning Network
The Lightning Network is a Layer-2 scaling solution for the Bitcoin blockchain designed to facilitate faster and cheaper transactions by processing them off-chain.

Ledger
A ledger in the context of blockchain is a digital record of all transactions that have occurred on a particular blockchain network.

Layer-2
Layer-2 refers to a secondary framework or protocol built on top of an existing Layer-1 blockchain to enhance its scalability, speed, and efficiency.

Network Fees
Network fees, also known as gas fees, are payments made by users to compensate miners or validators for processing and verifying transactions on a blockchain network.

Mainnet
A mainnet is the fully operational version of a blockchain network where actual transactions and applications occur.

LP Tokens
LP Tokens, or Liquidity Provider Tokens, are tokens issued to users who provide liquidity to decentralized exchanges (DEXs) like Uniswap or PancakeSwap.

Node
A node is any device (computer, server, or phone) connected to a blockchain network that helps maintain the network by validating, storing, and broadcasting transactions.

Network Congestion
Network congestion occurs when a blockchain network becomes overloaded with transactions, leading to slow processing times and higher transaction fees.

LooksRare
LooksRare is a decentralized NFT marketplace that launched in early 2022 as a competitor to OpenSea.
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