Cryto 101 p.3

DOT: Polkadot
Polkadot is a multi-chain platform that enables the interoperability of different blockchains, allowing them to share information and assets.

LINK: Chainlink
Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. It bridges the gap between blockchain and external data sources.

Gwei
Short for GigaWei. Wei is the smallest unit of ether. Just like cents to dollars.

Hard Fork
A code change in a blockchain protocol so significant that it becomes incompatible with older versions

Index
Fund A type of mutual fund or exchange-traded fund (ETF) that is designed to track the returns of a market index such as the ASX 200.

Layer 2 (L2)
A collective term for solutions that help scale applications. In the context of crypto, Layer 2 refers to a secondary framework or protocol that is built on top of an existing blockchain.

Leverage
A technique involving the use of borrowed funds (i.e., debt) that allows traders to open a position that is larger than the balance of their account.