Elon Musk talks Crypto：Odysee

Nonce

When a transaction is hashed by a miner, an arbitrary number meant to be used only once is generated, called a nonce.

Nonce Error

A nonce error occurs when a nonce - a number used only once - is misused or mishandled in a system.

Notarization on Blockchain

Notarization on blockchain simply uses the intrinsic nature and advantages of blockchain technology to let anyone create a timestamped artifact. The authorship and identity of this artifact can easily and securely be identified at any point.

Odysee

Odysee is a server-less video hosting and distribution platform built on top of the LBRY protocol.

Off-Chain

A transaction that is processed outside the blockchain network with an increased speed and reduced cost.

Off-Chain Governance

Off-chain governance is a type of blockchain governance in which decisions are made informally, away from the primary code base of the blockchain.

Payee

A payee is a party within an exchange of goods or even services that can receive payment.

Off-Chain Transaction

An off-chain transaction is defined as a second-layer protocol where the transactions occur on a network and move value outside of the blockchain.

Public Blockchain

A blockchain that can be accessed by anyone.

Off-Ledger Currency

A currency that is created (minted) outside of the specified blockchain ledger but is accepted or used.

Offline Storage

The act of storing cryptocurrencies in devices or systems not connected to the internet.

Office of the Comptroller of the Currency (OCC)

The Office of the Comptroller (OCC) is a U.S. Treasury branch that regulates all national banks, federal savings associations, federal branches and foreign bank agencies

Pyramid Scheme

A pyramid scheme is a scam with a hierarchical top-down structure.

Offshore Account

An offshore account is defined as a foreign bank account with assets and investments set outside of your origin country or country of residence.

Pseudonymous

Writing under a false name, such as “Satoshi Nakamoto.”

OHM Fork

OlympusDAO or Ohm Forks represent the upgrades to OlympusDAO’s codebase that has given birth to a variety of forked products.

Public Key

A public key refers to a series of alphanumeric characters used to encrypt plain text messages into ciphertext.

On-Balance Volume (OBV)

On-balance volume (OBV) is a technical trading indicator that forecasts an asset's price movements based on the volume flow.

On-Chain

Transactions that are recorded on the blockchain itself and shared with all of the participants are done on-chain.

On-Chain Governance

On-chain governance is a decentralized framework used for organizing and integrating updates/improvements to the blockchain networks.

Perpetual Contracts

A perpetual contract is a derivative similar to a futures contract but without an expiry date.

On-Ledger Currency

A currency that is both minted on the blockchain ledger and also used on the blockchain ledger, such as Bitcoin.

Online Storage

The act of storing cryptocurrencies in devices or systems connected to the internet.

Onchain Fiat

Onchain fiat is a first-of-its-kind, fully authorized and regulated subset of stablecoins that allows for seamless transitions between traditional bank accounts and web3.

Ontorand Consensus Engine

Ontorand Consensus Engine is the VBFT consensus mechanism on the Ontology blockchain.