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.

Testnet

An alternative blockchain used by developers for testing.

Active Management

Active management in crypto refers to an investment strategy where portfolio managers actively make buying and selling decisions to try to outperform the market and generate higher returns.

Off-Chain

All network users can see on-chain transactions because they are recorded on the distributed ledger. Off-chain transactions, however, take place away from the blockchain network