Label Deal

Occasionally, two or more labels will form an agreement, known colloquially as a “label deal,” with each other for the rights and royalties of (typically) multiple artists.

Lachesis

The consensus mechanism of Fantom blockchain.

Lambo

Slang for the type of car that many crypto enthusiasts aspire to buy when their digital assets “moon” — or rise in value substantially.

Large Cap

Well-established projects and organizations having a market capitalization of $10 billion or above are called large cap or big cap projects/organizations.

Laser Eyes

Laser eyes is a viral Twitter meme that is used by Bitcoiners who attempt to push the price of BTC to its new all-time highs. It was originated with a hashtag, #LaserRayUntil100, back in February 2021.

Law of Accelerating Returns

The Law of Accelerating Returns is a hypothesis by Ray Kurzweil based on the observations that technologies (or any evolutionary system) tend to progress in an exponential fashion.

Layer 0

Layer 0 is a network framework running beneath the blockchain. It is made up of protocols, connections, hardware, miners, and everything else that forms the foundation of the blockchain ecosystem.

Layer 1

Layer 1 refers to a base network, such as Bitcoin, BNB Chain, or Ethereum, and its underlying infrastructure. Layer-1 blockchains can validate and finalize transactions without the need for another network.

Layer 2

Layer 2 is the name given to a scaling solution that enables high throughput of transactions whilst fully inheriting the security of the underlying blockchain that it is built on.

Layer-1 Blockchain

A layer-1 blockchain is a set of solutions that improve the base protocol itself

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