Smart contract

What does Smart contract means?

A program on the blockchain that runs automatically only when transacting parties satisfy predefined conditions. Hence, unlike real-life contracts, you can’t alter smart contracts once you reach the pre-existing agreement written in them.

Random Slangs

Liquidity

Liquidity measures the ease of swapping from one token to another or converting a cryptocurrency to stable coins like USDT.

BTD / BTFD

Acronyms for “buy the dip” and “but the fxxxking dip,” respectively. These terms are used interchangeably in crypto to tell people to buy a cryptocurrency

NGMI

An acronym for “Not going to make it.” It’s the opposite form of “GMI.” The NFT and crypto community use this term to express hopelessness.

Meatspace

A combination of meat (flesh) and space (habitat); describes the physical world. It’s the opposite word of cyberspace. Examples “The metaverse can never be like

Off-chain metadata

As opposed to on-chain metadata, off-chain metadata refers to token information stored outside of the blockchain. Off-chain transactions are less-secure since they don’t exist on