Glossary Crypto & Web3
Proof of stake
A method of securing a blockchain in which validators lock up coins as collateral instead of burning electricity. Misbehaviour costs them part of that stake.
More from the glossary
Paywall
A restriction limiting articles to paying subscribers. A metered paywall allows a set number of free…
Coalition government
A government formed by two or more parties because no single party holds a majority. Policy…
Leverage
Using borrowed money to increase exposure. It multiplies gains and losses equally, and forced selling by…
Deflation
A sustained fall in the general price level. It sounds welcome but tends to delay spending…