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Permissionless ledger

A blockchain that is publicly accessible such that anyone can access it without any restrictions.

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Automated Market Maker (AMM)

AMM is an automated system that manages and provides liquidity to validators in a liquid pool. With AMMs, users can trade directly from their wallets without needing a centralized intermediary, and liquidity providers earn fees by depositing their assets into these pools. AMMs play a crucial role in decentralized finance (DeFi) by providing liquidity and facilitating automated and permissionless trading.

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Automatic Replay Protection

A protective mechanism implemented by Bitcoin Cash Developers to protect against replay attacks. A replay attack is when hackers intercept sensitive information and manipulate the information to steal funds. In essence, Automatic Replay Protection is a security feature that helps prevent accidental or malicious duplication of transactions across different networks or chains.

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