Terminology

Terms are listed in alphabetical order.

Account

"A record in the Solana ledger that either holds data or is an executable program.

Like an account at a traditional bank, a Solana account may hold funds called lamportsarrow-up-right. Like a file in Linux, it is addressable by a key, often referred to as a public keyarrow-up-right or pubkey."

Sourcedarrow-up-right from Solana docs

Base Unit Quantity

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

"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.'"

Sourcearrow-up-right

Cluster

"A set of validatorsarrow-up-right maintaining a single ledgerarrow-up-right."

Sourcedarrow-up-right from Solana docs

Jupiter Aggregator

Swap aggregator and infrastructure provider on the Solana blockchain

Jupiter Aggregator docsarrow-up-right

Lamport

The smallest fractional unit of SOL with a value of 0.000000001 SOL.

Sourcearrow-up-right

Metaplex

"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."

Sourcedarrow-up-right from Solana ecosystem website

Non-Fungible Token (NFT)

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

Solana is a decentralized blockchain built to enable scalable and user-friendly applications.

Solana Pay

"Solana Pay is a new, open, and free-to-use payments framework built on Solana."

Sourcedarrow-up-right from Solana Pay website

Semi-Fungible Token (SFT)

"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."

Sourcedarrow-up-right from Metaplex docs

Stable Coin

"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."

Sourcedarrow-up-right from Investopedia

Transaction Request URL

"Transaction Request URLs are data strings used to request, query, and build specific Solana transactions."

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