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Glossary-O
Glossary-O
Glossary-Term

Off-Ledger Currency

A currency that has no history recorded on a ledger of when it was minted, or how it has changed hands, but is later on represented as tokens on the blockchain, e.g., Fiat currency.

glossary-blockchain Off Ledger Currency
Glossary-Term

On-chain governance

A system for managing and implementing changes to a cryptocurrency blockchain.

glossary-blockchain On Ledger Currency
Glossary-Term

OPcodes

A digital currency that is originally originated on the ledger, e.g., Bitcoin.

Glossary-Term

Open Source

Collaborative and open software development approach that encourages experimentation and sharing.

Glossary-Term

Oracle

An external data feed/source of info coming from outside the blockchain from the real world. Oracles work as a bridge between the real world and the blockchain by providing data to the smart contracts.

Glossary-Term

Orderer Network

A computer network that allows nodes to share resources.