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Terms are listed in alphabetical order.
"A record in the Solana ledger that either holds data or is an executable program.
Base unit quantity is the smallest unit of an SPL token. For example, a LAMPORT is the base unit quantity of a SOL.
"Candy Machine is a tool that utilizes the Metaplex CLI to generate an NFT, link a picture and relevant metadata to the NFT token, and setup a 'fair auction.'"
Swap aggregator and infrastructure provider on the Solana blockchain
The smallest fractional unit of SOL with a value of 0.000000001 SOL.
"Metaplex is a Solana-powered protocol that allows for the creation and minting of non-fungible tokens, auctions, and visualizing NFTs in a standard way across wallets and applications, comprised of two core components: an on-chain program, and a self-hosted front-end web2 application."
NFTs are unique and scarce tokens that exist on blockchains. Each individual NFT is distinct from another and can only have one owner at a time. (Ex. Insurance policy of a specific house)
Solana is a decentralized blockchain built to enable scalable and user-friendly applications.
"Solana Pay is a new, open, and free-to-use payments framework built on Solana."
"An SFT is a type of SPL token with a supply greater than 1 but which has typical NFT attributes such as an image and an attributes array in the JSON metadata."
"Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins achieve their price stability via collateralization (backing) or through algorithmic mechanisms of buying and selling the reference asset or its derivatives."
"Transaction Request URLs are data strings used to request, query, and build specific Solana transactions."