PRNG
Pseudorandom number generator used for randomness in protocols and simulations.
Dapp Ahoy! World beyond Web3
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Archives: Glossary
Archives: Glossary
Permissioned
Restricted access networks or features that require allow lists or governance approval.
Permissionless
Open access property of public networks where anyone can join, read, and write.
Protocol Owned Liquidity
Liquidity controlled by a protocol treasury rather than rented from external LPs.
Price Oracle
Data feed that publishes asset prices on chain for lending, liquidations, and derivatives.
Perpetual Swap
Derivative without expiry that tracks an index via funding payments between longs and shorts.
P2P Network
Peer to peer networking layer that gossips blocks and transactions between nodes.
PATRICIA Merkle Trie
Prefix tree with hash commitments used by Ethereum to store state with efficient proofs.
Polynomial Commitment
Scheme that lets a prover commit to a polynomial and later open evaluations with small proofs.
Poseidon Hash
SNARK friendly hash function optimized for arithmetic circuits.
Plonky2
Fast zk proving system combining PLONK like constraints with FRI, optimized for recursion.
