Absolute Advantage

Absolute Advantage Intermediate An economics concept in which one party has a direct advantage in efficiency in producing/providing a specific good or service over another party.

Node

An essential component of a blockchain infrastructure, a node stores data and allows all communication (transactions) to pass through it.

DeFi

a movement promoting substitutes for conventional, centralized financial services.

Coin

Cryptocurrencies known as coins run on separate blockchains and are unrelated to other coins. Such a cryptocurrency's single unit is also known as a coin.