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Glossary Business & Economy

Supply chain

The chain of suppliers, factories and transport that turns raw materials into a delivered product. A blockage anywhere in it shows up as shortages and higher prices everywhere downstream.

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Altcoin

Any cryptocurrency other than Bitcoin. The label spans serious infrastructure projects and outright jokes, so it…

Ceasefire

An agreement to stop fighting, which may be temporary, local or conditional. It is a pause…

Proof of work

A method of securing a blockchain by requiring real computing effort to add blocks. It is…

Ethereum

A blockchain designed to run programs, not just move money. Most stablecoins, DeFi protocols and NFTs…

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