GLOSSARY
• LITHO: Lithosphere’s native token.
• LEP100: Lithosphere Evolution Proposal 100
• WHITE PAPER: A guide about a specific topic and the problem that surround it. It is meant to educate readers and help them to understand and solve an issue.
• BLOCKCHAIN: It is a specific type of database. It differs from a typical in the way it stores information.
• TOKEN: A token represent a set of rules encoded in a set of smart contracts. Each token belongs to a blockchain address. It is essentially a digital asset that is stored securely on the blockchain.
• DECENTRALIZED: They are type of cryptocurrency exchange which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary.
• EVM: Ethereum virtual machine is a computation engine which acts like a decentralized computer that has millions of executable projects.
• BSC: Binance smart chain
• PEGGED COINS: LEP100 tokens pegged to external assets.
• DAPPS: Decentralized Applications are digital applications that run on a blockchain or peer-to-peer network of computers instead of a single computer.
• NFT: A non-fungible token is a unit of data stored on a digital ledger, called blockchain, that certifies a digital asset and therefore not interchangeable
• INTEROPERABILITY: The ability of computer systems or software to exchange and make use of information.
• ERC: Ethereum request for comments
• BURN: A process by which digital currency miners and developers can remove tokens or coins from circulation.
• TRACTION: Drawing or pulling rate in a business.
• DEFI: Decentralized finance
• CROSS CHAIN: It is the interoperability between two relatively independent blockchains.
• DEX: Decentralized exchange
Last modified 1yr ago