Latency

Time between a request and its response; critical for UX in wallets, L2s, and inference.

Lamport Signature

One‑time signature scheme using hash functions; basis for post‑quantum XMSS and SPHINCS.

Light Client

Client that verifies headers and proofs without storing full chain state; ideal for wallets and bridges.

Layer 3 (L3)

App‑specific or ecosystem rollups built atop L2s for specialized performance or privacy.

Layer 2 (L2)

Scaling system that executes off‑chain or rollup transactions while inheriting L1 security.

Layer 1 (L1)

Base blockchain that handles consensus and data availability directly on its main chain.

Metadata (NFT)

JSON describing an NFT’s name, image, and attributes; stored on IPFS or on‑chain.