Ring Signature

What does Ring Signature means?

It’s a digital signing or agreement made by any member of a particular group—on behalf of the entire group (ring). Ring signature, however, ensures that the signer of an agreement remains unknown. So there’s no way to tell who signed from the group.

Random Slangs

Whale

They’re an influential personality in a crypto network (characterized by having huge capital whose decision can make or mare a project). For instance, a project

PFP project

Shorthand for ‘profile picture’, so a ‘PFP project’ is essentially the same as a 10k project or an avatar project. This term is coined because the avatars in these NFT collections are often used as profile pictures on Twitter, Discord, etc.

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).

GMI

An acronym for “Gonna make it.” In contrast to “WAGMI,” “GMI” typically applies to one person only. Individuals in NFT use it to express optimism

Never trust, always verify

A warning to assume that every other person or project on the internet is a scam. Otherwise known as the zero trust in cyber security,