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VMESH glossary: blockchain terms explained

The most important technical terms, explained without jargon.

A to Z

ASERTDifficulty adjustment based on observed block timing.
AuxPoWAuxiliary proof derived from compatible parent-chain mining work.
Bech32Address encoding; VMESH mainnet addresses begin with vm1.
CoinbaseSpecial block transaction responsible for creating mining rewards.
ConfirmationsDepth of a transaction in the best accepted chain.
Full nodeSoftware that independently validates blockchain and consensus rules.
HashrateNumber of hashing operations per second.
PPLNSPool rewards based on the last N accepted shares.
Private keySecret cryptographic key controlling coins.
StratumWidely used miner-to-pool communication protocol.
UTXOUnspent transaction output.
VMT-1Fungible-token layer on VargaMesh.
VNSVargaMesh Name Service with .vmesh names.

Continue with Network parameters → or Mining options →.

Documentation reviewed 26 Oct 2026. Check the main site for live data and release versions.

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