Seed hash

What does Seed hash means?

These are randomly generated sequence of values that encrypts transaction keys in cryptography. While the “hash” function handles encryption, the “seed” function helps generate unique random values.

Random Slangs

Derivative

Derivatives are secondary contracts that inherit their value from an existing or underlying one. Examples of derivatives include crypto Options, Swaps, Futures, Forward, and many

Web3

Refers to the decentralized web version, where every transaction and data sits on several data nodes. Web 3.0 revolves around blockchain technology and runs decentralized

Collectible

These are valuable digital items that are available for collection. Generally, they’re NFTs and range from artworks, music, video, cloth, sport collectibles to many more.

On-chain metadata

Refers to token information about an NFT stored directly on the blockchain; instead of embedding it in the IPFS (InterPlanetary File System).

IYKYK

Short for “If you know, you know”. It implies that a message, post or information that’d make sense to the insiders but not the general public.