A daily crypto, finance, and AI vocabulary puzzle covering payment rails, pricing discipline, retrieval systems, and model infrastructure costs.
Stablecoin Settlement
These words describe how a stable asset is backed, moved, and settled against its reference value.
Reserve ProofMintRedeemSettlement Finality
- Reserve Proof: A reserve proof is evidence that backing assets exist for a stablecoin or similar claim.
- Mint: Minting issues new stablecoins or tokens under the protocol's rules.
- Redeem: Redeeming returns a token for the underlying asset or claim value.
- Settlement Finality: Settlement finality is the point when a transfer is no longer expected to be reversed.
Valuation Metrics
These words describe how analysts translate future value into present terms and compare bond-like pricing inputs.
Basis PointDiscount RateDurationPresent Value
- Basis Point: A basis point equals one-hundredth of a percentage point.
- Discount Rate: A discount rate converts future cash flows into present value.
- Duration: Duration estimates how sensitive a bond's price is to rate changes.
- Present Value: Present value is today's value of future cash flows after discounting.
Retrieval Pipelines
These words describe how text is represented, stored, split, and ranked before a model answers.
EmbeddingVector StoreRerankerChunking
- Embedding: An embedding is a numerical representation of data that captures semantic meaning.
- Vector Store: A vector store keeps embeddings so similar items can be searched efficiently.
- Reranker: A reranker scores retrieved items again to improve relevance ordering.
- Chunking: Chunking breaks long text into smaller pieces for indexing and retrieval.
Compute Economics
These words describe the hardware and operating metrics that shape AI infrastructure economics.
- GPU: A GPU is specialized hardware built to run many calculations in parallel.
- Throughput: Throughput is the amount of work a system completes over a given time period.
- Utilization: Utilization is the share of available compute actively being used.
- Autoscaling: Autoscaling adjusts system resources automatically as demand rises or falls.