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GLOSSARY

A network refers to all nodes in the operation of a blockchain at any given moment in time.

NFT royalties are a way for creators to earn a percentage of the sale value each time their NFT is sold on the secondary market.

NGMI stands for “Not Gonna Make It,” and is a slang that’s become increasingly popular in the cryptocurrency community. At its core, NGMI is a dismissive and pessimistic expression used to convey doubt, skepticism, or a lack of confidence in something – whether it’s a particular investment, a crypto project, or even someone’s trading strategy.

A no-coiner is someone who has no cryptocurrency in his or her investment portfolio and firmly believes that cryptocurrency in general will fail.

The most basic unit of blockchain infrastructure that stores data.

The term “non-fungible assets” describes non-fungibility within a collection of similar assets being issued by a single party.

Non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility.

When a transaction is hashed by a miner, an arbitrary number meant to be used only once is generated, called a nonce.