OTC Exchange
Also known as Off-Exchange Trading, an OTC Exchange refers to trades carried out directly between two parties, bypassing a centralized exchange.
Off Blockchain Transactions
These are value transfers conducted outside of a blockchain, aimed at reducing fees and speeding up transaction times.
Oracle
An oracle is a third-party entity that supplies dependable data to a blockchain, enabling the execution of smart contracts.
Opsec
An abbreviation for Operations Security, Opsec concerns the degree of protection afforded to assets.
Outgoing Connection
This term refers to the party that initiates communication within a cryptocurrency network.
NeoContracts
NeoContracts are digital agreements between NEO platform users, which are automatically executed when their stipulated conditions are met.
node.js
node.js is a widely-used framework for scripting in JavaScript.
Nonce
In the field of cryptography, a nonce is a number with a single-use application, designed to prevent replay attacks.
NFC
Standing for Near-Field Communication, NFC facilitates data transmission between devices in close proximity, eliminating the need for internet connectivity.
Network Effect
This phenomenon refers to the enhanced usability of cryptocurrencies as their user base expands.