A-F
- Address
- A string of characters used to receive NTU. Starts with "NTU" followed by encoded public keys.
- Atomic Unit
- The smallest denomination of NTU. 1 NTU = 10^8 atomic units (8 decimal places).
- Block
- A collection of transactions bundled together and added to the blockchain approximately every 5 minutes.
- Blockchain
- The distributed ledger containing all Nethxeum transactions since the genesis block.
- Daemon (nethxeumd)
- The background process that maintains a copy of the blockchain and handles network communication.
- Fungibility
- The property that each unit of currency is interchangeable with any other unit. Nethxeum's privacy ensures perfect fungibility.
G-P
- Genesis Block
- The first block in the Nethxeum blockchain, mined on May 31, 2026. Contains no coinbase reward.
- Halving
- The event where the block reward is cut in half, occurring every 420,000 blocks (~4 years).
- Key Image
- A cryptographic marker that prevents double-spending while maintaining sender anonymity.
- Mining
- The process of using computational power (CPU with RandomX) to secure the network and earn block rewards.
- Node
- A computer running the Nethxeum daemon that maintains a copy of the blockchain and relays transactions.
- Pedersen Commitment
- A cryptographic technique used in RingCT to hide transaction amounts while preserving mathematical validity.
R-Z
- RandomX
- A CPU-optimized proof-of-work algorithm that uses random code execution and memory-hard operations.
- RingCT
- Ring Confidential Transactions — hides transaction amounts using cryptographic commitments and range proofs.
- Ring Signature
- A cryptographic signature that hides the true signer among a group of possible signers (the "ring").
- Seed Mnemonic
- A 25-word phrase that encodes your wallet's private keys. Can restore your entire wallet.
- Stealth Address
- A one-time address generated for each transaction that prevents linking payments to a recipient.
- View Key
- A private key that allows viewing incoming transactions without the ability to spend funds.
Network Terms
- Mainnet
- The live Nethxeum network where real NTU is transacted.
- Testnet
- A separate network for testing with valueless test-NTU.
- Stagenet
- A staging network that mimics mainnet for pre-release testing.
- Difficulty
- A measure of how hard it is to find a valid block hash, adjusted to maintain 5-minute block times.
- Mempool
- The pool of unconfirmed transactions waiting to be included in a block.
- Confirmation
- When a transaction is included in a block. Nethxeum requires 100 confirmations for mined coins.