A black swan event refers to a rare and unexpected occurrence that has a significant impact on the market or an industry.
A block is a data structure in blockchain technology that stores a batch of transactions, which have been validated by the network's consensus mechanism.
A block producer is a key participant in blockchain networks, particularly in systems that use a Delegated Proof of Stake (DPoS) or similar consensus mechanisms.
A bearwhale is a large cryptocurrency holder, or "whale," who sells a significant amount of assets at once, driving down the price of the market.
A bear market refers to a prolonged period of declining asset prices, generally characterized by a downturn of 20% or more in a financial market.
A private key is a cryptographic code used to authorize transactions and access cryptocurrency funds in a blockchain wallet.
Proof of Authority (PoA) is a consensus mechanism where transactions and blocks are validated by approved or "authorized" validators.
Peer-to-Peer (P2P) refers to a decentralized network where two or more individuals can interact directly with each other without relying on an intermediary or central authority.
A parachain is an independent blockchain that runs parallel to a main chain (referred to as the relay chain) in a multi-chain network such as Polkadot or Kusama.
A paper wallet is a physical document containing a public address and private key, typically printed as QR codes, used to store cryptocurrencies offline.
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