Glossary

A

Account abstractionA model in which a wallet is a smart contract that defines its own rules for validating transactions, enabling key recovery, sponsored… AltcoinAny cryptocurrency other than Bitcoin. Aspect ratioThe proportional relationship between the width and height of the frame.

B

BicameralA legislature made of two separate chambers. Box officeTicket revenue a film earns in cinemas. BridgeA protocol that moves assets between blockchains.

C

CeasefireA temporary halt to fighting agreed by all sides. Cold openA scene that begins before the title sequence. Cold storageKeeping private keys on a device that never touches the internet.

D

Data availabilityThe guarantee that the data behind a block or batch has been published and can be retrieved, so anyone can reconstruct the… Decentralized identifierA globally unique identifier controlled by its subject rather than a central registry, resolvable to a document listing public keys and service… DeFiDecentralised finance: financial services built on smart contracts. Diegetic soundSound whose source is visible or implied within the film's world.

E

Exit pollA survey of voters taken as they leave polling stations.

F

Final cutThe version of a film approved for release. Fiscal yearA twelve-month period used for accounting and budgeting. Four-quadrantA film that appeals to all four major audience groups.

G

GasThe fee paid to execute a transaction on a blockchain.

H

HalvingA scheduled cut in Bitcoin's block reward.

I

InflationThe rate at which prices rise over time. IntentA signed statement of the outcome a user wants, such as receiving a given asset on a given chain, which competing solvers… InteroperabilityThe ability of separate blockchains to exchange assets and messages with each other, through bridges, light clients, shared settlement or intent-based protocols.

M

Mise-en-scèneEverything placed in front of the camera. Modular blockchainAn architecture that splits execution, settlement, consensus and data availability into separate networks that specialise in one job each.

Q

Quadratic votingA voting system in which the cost of casting additional votes for one option rises with the square of the votes, so… QuorumThe minimum number of members needed to hold a valid vote.

R

RestakingPledging already-staked tokens to secure additional services in exchange for extra rewards, accepting additional slashing conditions in return. RollupA Layer 2 network that executes transactions off the base chain and posts compressed data or validity proofs back to it, inheriting… Royalty enforcementAny mechanism that compels a marketplace or transfer to pay the creator fee recorded in an NFT, rather than relying on venues…

S

SanctionsPenalties imposed by one country on another. Second unitA crew that shoots supplementary footage. SequencerThe operator of a rollup that orders incoming transactions into batches and posts them to the base chain; a single sequencer can… Soulbound tokenA non-transferable token bound to one wallet, used to record credentials, memberships or achievements that should not be bought or sold. StablecoinA token designed to hold a steady value, usually pegged to a currency. StakingLocking tokens to help secure a network in exchange for rewards.

T

Token-gatedDescribes content, spaces or features that can only be accessed by a wallet holding a specified token or NFT.

V

Verifiable credentialA tamper-evident digital attestation, signed by an issuer, that a holder can present to a verifier with selective disclosure of its contents.

W

WhipA party official who enforces voting discipline.