Blockchain Glossary

Application Binary Interface - a JSON format that describes how to interact with smart contracts, including function signatures and data types.

Low-level code that smart contracts are compiled into. The EVM executes bytecode to run smart contract functions.

Decentralized Application - an application that runs on a blockchain network rather than centralized servers.

Ethereum Virtual Machine - a runtime environment for smart contracts. It executes bytecode and maintains the state of the blockchain.

Non-Fungible Token - a unique digital asset that represents ownership of a specific item or piece of content on the blockchain.

A service that provides external data to smart contracts, connecting blockchains to real-world information.

Self-executing contracts with terms directly written into code. They automatically execute when predetermined conditions are met.

A programming language designed for developing smart contracts on Ethereum-compatible blockchains. It is statically typed and supports inheritance.

A digital asset created and managed by a smart contract. Tokens can represent various assets including currencies, utility tokens, or non-fungible items.