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Glossary Crypto & Web3

Gas fee

The charge paid to have a transaction processed on a blockchain. Fees rise with congestion, which is why the same transfer can cost cents one day and a great deal more the next.

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Referendum

A direct public vote on a single question. Whether the result binds the government depends on…

Ceasefire

An agreement to stop fighting, which may be temporary, local or conditional. It is a pause…

Impeachment

A formal charge brought by a legislature against a public official. It is an accusation that…

Venture capital

Money invested in early-stage companies in exchange for equity, on the expectation that most will fail…

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