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Glossary: N

A curated list of key crypto, trading, and 3Commas terms beginning with N

Updated over a week ago

Name Wrapper

A smart contract that converts registered Ethereum Name Service (ENS) names into NFTs, enabling greater flexibility, transferability, and programmable use across dApps.

Negative Volume Index (NVI)

A technical indicator that evaluates how price movements behave on days with lower trading volume. It assumes that informed investors act on quieter days, making NVI a helpful tool for spotting underlying trends.

Network

The collective group of nodes operating a blockchain, each storing and validating the distributed ledger at any moment in time.

Network Latency

The delay it takes for information to move between nodes or computers across a blockchain or internet network, usually measured in milliseconds.

Network States

A new sociopolitical idea where communities form digital-first societies with shared rules, economies, governance, and culture — made sovereign by technology rather than geography.

Network-Enhanced Virtual Machine (NEVM)

A smart contract framework that blends Bitcoin’s security model with Ethereum’s programmability, designed for cross-chain operability and mass adoption scalability.

Newb

Slang for someone who is new or inexperienced in crypto trading or blockchain technology.

NFT Royalties

Built-in smart contract fees that automatically reward NFT creators with a percentage of future resale transactions on supported marketplaces.

NGMI

Short for “Not Gonna Make It.” A dismissive crypto slang term used to express skepticism or doubt about someone’s investment decision, outlook, or conviction.

Nick Szabo

A computer scientist and cryptographer best known for pioneering the concepts of smart contracts and creating Bit Gold — a precursor to Bitcoin.

Nifty Gateway

A curated NFT marketplace acquired by the Winklevoss twins, known for offering exclusive digital art drops and credit card payments.

No-Coiner

A person who does not own any cryptocurrency and generally expresses disbelief or cynicism about the viability or future of crypto assets.

Node

A fundamental component of blockchain infrastructure responsible for storing a full or partial copy of the ledger and contributing to network operations such as validation and broadcasting.

Node.js

A JavaScript runtime built on Chrome's V8 engine, commonly used to run server-side code and build backend services — including blockchain tools and APIs.

Nominators

Participants in a Nominated Proof-of-Stake (NPoS) system who delegate their tokens to validators, playing a critical role in securing the network and influencing who gets to produce blocks.

Non-Custodial

Describes wallets or services where users retain full control of their private keys and assets, without needing to trust a third-party custodian.

Non-fungible Assets

Assets that are unique and non-interchangeable, often issued within a collection (like NFTs), where each token carries distinct metadata or value.

Non-Fungible Token (NFT)

A blockchain-based token that represents a unique asset, such as digital art or game items, and cannot be exchanged on a one-to-one basis like fungible cryptocurrencies.

Nonce

An arbitrary number used once in cryptographic processes like mining. It’s adjusted repeatedly by miners when solving the proof-of-work algorithm for a block.

Nonce Error

Occurs when a previously used nonce value is reused or incorrectly applied, often causing transaction failures or inconsistencies in blockchain systems.

Notarization on Blockchain

The process of time-stamping a document or data on-chain, proving its existence at a specific time and providing an immutable record of authorship or claim.

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