| AGORA |
symbol |
The codename for a decentralized, peer-to-peer marketplace built on Symbol to enable the trading of mosaics. |
| AMA |
internet |
Ask Me Anything. An open questions session. |
| AML |
economy |
Anti-Money Laundering |
| ANDROMEDA |
symbol |
The codename for a workflow product by NEM that enables users to visually architect and deploy dApps. |
| APAC |
internet |
Asia and Pacific region |
| APR |
economy |
Annual Percentage Rate. |
| ARBITRAGE |
crypto |
When a trader purchases an asset in one place and sells it in another place to profit from a deviation in natural prices between markets. |
| BACKRUNNING |
crypto |
To broadcast transactionA with slightly lower gas (or fees) than an already pending transactionB so that transactionA gets mined right after transactionB in the same block. |
| BLS |
crypto |
A BonehâLynnâShacham signature is a cryptographic signature scheme which allows a user to verify that a signer is authentic. |
| BTC |
crypto |
Bitcoin |
| CBDC |
crypto |
Central Bank Digital Currency |
| CMC |
crypto |
Coin Market Cap. A web page. |
| CSD |
crypto |
Central Securities Deposit |
| DAO |
crypto |
Decentralized Autonomous Organization |
| DDH |
crypto |
Decisional Diffie-Hellman |
| DEFI |
crypto |
Decentralized Finance |
| DEX |
crypto |
Decentralized Exchange. |
| DD |
economy |
Due Diligence |
| DID |
crypto |
Decentralized ID |
| DTC |
economy |
Direct To Consumer, i.e. mass market |
| E2E |
crypto |
End-To-End |
| EMEA |
internet |
Europe, Middle-East and Africa |
| ERC |
crypto |
âEthereum Request for Commentâ. Commonly utilized to refer to a token standard on the EVM (such as ERC-20, ERC-721, ERC-1155). |
| ETH |
crypto |
Ethereum |
| EVM |
crypto |
Ethereum Virtual Machine |
| FFT |
crypto |
Fast Fourier Transform |
| FLASHBOTS |
crypto |
A research and development organization working on mitigating the negative effects of MEV extraction techniques. |
| FRONTRUNNING |
crypto |
In context of cryptocurrencies: crypto: Trying to include your transaction in front of some other transaction. This is more important in case of DeFi markets, where gains can be made from front-running. |
| FWIW |
internet |
For What Itâs Worth. |
| HERMES |
symbol |
Messenger of the Gods. Codename for Symbolâs next wallet project. |
| ICO |
crypto |
Initial Coin Offering |
| IVC |
crypto |
Incrementally Verifiable Computations |
| IP |
internet |
Intellectual Property |
| IRS |
economy |
Internal Revenue Service. Who you pay your taxes to if you live in the US. |
| KAIROS |
symbol |
From Ancient Greek: âThe right, critical, or opportune moment.â The codename for a collectible card game, built on top of Symbol. Kairos. |
| KYC |
economy |
Know Your Customer |
| LATAM |
internet |
Latin America (Central and South America) |
| M&A |
economy |
Mergers & Acquisitions (NOT a chocolate candy) |
| MEV |
crypto |
Miner-Extractable Value – process of reorganising transactions inside a block by miners, to gain something (might be covered by secret contract) |
| MOSAIC |
symbol |
A representation of any kind of value on Symbol (both fungible and non-fungible). |
| MULTISIG |
symbol |
Multi-signature. A Symbol account requiring more than one signature to operate. |
| NAM |
internet |
North America |
| NEM |
symbol |
The new economy movement |
| NGL |
symbol |
NEM Group Limited |
| NFT |
crypto |
A non-fungible token – a way to represent anything as an Ethereum-based asset. |
| NSL |
symbol |
NEM Software Limited |
| OPTIMISTICROLLUPS |
crypto |
An Ethereum layer 2 scaling solution. Optimistic Rollups. |
| PERSEUS |
symbol |
The codename for a end-to-end simulation platform by NEM that allows backtesting of network upgrades. Will launch with Symbol support but other blockchains can be added. |
| SHARDING |
crypto |
An Ethereum scaling solution. Sharding. |
| POC |
internet |
Proof of Concept (NOT a consensus protocol). |
| POI |
crypto |
Proof of Importance. The consensus protocol used by Symbol. Similar to PoS but measuring an accountâs activity besides its stake. |
| POS |
crypto |
Proof of Stake. A consensus protocol. |
| POW |
crypto |
Proof of Work. A consensus protocol. |
| RUG PULL |
crypto |
A malicious maneuver where cryptocurrency developers abandon a project and run off with the funds. |
| SANDWITCH |
crypto |
A type of front-running technique thatâs popular in DeFi. To make a sandwich, you find a pending transaction in the network and then try to surround the network by placing one order just before the transaction (front-running) and one order just after it (back-running). |
| SXDH |
crypto |
Symmetric External Diffie-Hellman |
| TOKEN |
economy |
A voucher or gift card redeemable for items of value. |
| TOKEN |
crypto |
Certain types of cryptocurrency, typically different from the main currency of a blockchain. |
| TPS |
crypto |
Transactions Per Second |
| XEM |
symbol |
NEMâs NIS1 blockchain native currency |
| XYM |
symbol |
NEMâs Symbol blockchain native currency |