Glossary
Welcome to our glossary, designed to help you navigate the blockchain world and understand key terms within the Swapbox ecosystem. This resource will assist you in exploring the Swapbox documentation and becoming familiar with essential concepts used in the blockchain world.
| Term | Meaning |
|---|---|
| Swapbox | A trustless crypto cash machine designed to facilitate the exchange of cryptocurrencies for fiat cash, providing a seamless user experience. |
| Swapbox(es) | Refers to the physical cash machines operated by Swapbox, enabling users to convert between cryptocurrencies and fiat currencies conveniently. |
| Stablecoin | Cryptocurrencies that are pegged to fiat currencies, aiming to maintain a stable value and reduce volatility. |
| Smart contract | A self-executing program stored on a blockchain that automatically executes predefined conditions and actions once they are met. |
| Ethereum | A decentralized blockchain platform that enables the deployment and execution of smart contracts, as well as the creation of decentralized applications (dApps). |
| DEX | Decentralized Exchanges (DEXs) are platforms built on blockchain technology that enable peer-to-peer trading of cryptocurrencies without the need for intermediaries. |
| Liquidity pool | A reserve of two or more tokens held in a smart contract, allowing users to trade one token for another directly within the pool. |
| Operator | An individual or entity responsible for operating and maintaining one or more Swapbox cash machines, ensuring their proper functioning. |
| zkSync | Layer 2 scaling solution for the Ethereum blockchain |
| tx | transaction |
| Ethereum node | An Ethereum node is a participant in the Ethereum network that stores and validates blockchain data within the network. |
| Node RPC | Core component of the Ethereum network, storing blockchain, validating transactions, executing smart contracts, and maintaining consensus. |