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Know the terms

Plain definitions of the words that keep turning up in the coverage.

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Off the record

Information given on the understanding it will not be published, used to help a reporter understand a story…

Proof of stake

A method of securing a blockchain in which validators lock up coins as collateral instead of burning electricity.…

NFT

A token recording ownership of a specific item rather than an interchangeable unit. What the holder actually owns…

Bear market

A fall of 20% or more from a recent peak, held long enough to look like a trend…

Large language model

A model trained on vast amounts of text to predict what comes next, which turns out to produce…

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