What is Cardano's 'Benchmarking Framework'?

Cardano's Benchmarking Framework is a set of tools and methodologies used to measure and analyze the performance of various components of the Cardano network. It allows developers to assess the impact of changes to the protocol, identify bottlenecks, and optimize the network's performance. This framework is essential for Cardano's continuous improvement and scaling efforts.

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Blockchain

Blockchain is a decentralized digital ledger technology that records transactions across multiple computers in a way that makes them tamper-proof and immutable. Each block contains a list of transactions, and these blocks are linked together in a chronological chain using cryptographic hashes. This technology enables trustless and transparent transactions without the need for intermediaries.

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Block Explorer

A block explorer is an online tool that allows users to view and search blockchain transactions, blocks, addresses, and other data.

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Block Reward

A block reward is the incentive given to miners for successfully validating and adding a new block to a blockchain.

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Burn Address

A burn address is a cryptocurrency address where tokens are sent to be permanently removed from circulation.

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Blockchain Fork

A blockchain fork occurs when a blockchain splits into two separate chains. Forks can be classified as hard forks.

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