PLONK
Universal updatable zk SNARK protocol that supports arbitrary circuits with succinct proofs.
Dapp Ahoy! World beyond Web3
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Archives: Glossary
Archives: Glossary
Pairing Based Cryptography
Cryptography using bilinear pairings on elliptic curves, enabling zkSNARKs and short signatures.
Pedersen Commitment
Hiding and binding commitment scheme used in privacy protocols and zero knowledge proofs.
PBS (Proposer Builder Separation)
Architecture that separates block building from proposing to mitigate MEV and improve decentralization.
Proof of Authority
Consensus where a fixed set of approved validators produces blocks, trading openness for speed.
Order Routing
Mechanisms that split and route trades across venues or pools for best execution and MEV protection.
Operator (Validator Operator)
Entity that runs validator infrastructure, often on behalf of delegators or protocols.
Options AMM
Automated market maker that prices and settles options using pools and on chain oracles.
Ordinals (Bitcoin)
Indexing scheme that assigns serial numbers to satoshis and allows inscriptions of data on Bitcoin.
Optimizer (AI)
Algorithm like SGD, Adam, or Lion that updates model parameters to minimize a loss.
OVM (Optimistic Virtual Machine)
Legacy execution environment for optimistic rollups that aimed for EVM compatibility.
