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Glossary
This glossary provides definitions for technical terms used throughout the ON1Builder documentation.
Value that can be extracted from blockchain users by miners or validators who can control transaction ordering within a block. ON1Builder helps identify and capture MEV opportunities.
A protocol that enables a program to request a service from another program located on a different network without understanding network details. In blockchain, RPC endpoints allow interaction with the blockchain network.
A type of cryptocurrency exchange that operates without a central authority, allowing for direct peer-to-peer cryptocurrency transactions.
A fee required to conduct a transaction or execute a contract on blockchain platforms like Ethereum. Gas is paid in the blockchain's native cryptocurrency.
A trading strategy that exploits price discrepancies between three different assets to generate profit with minimal risk.
A type of uncollateralized loan where assets are borrowed and returned within a single transaction block, commonly used in arbitrage and other MEV strategies.
A component in ON1Builder that manages operations for a specific blockchain, handling transaction monitoring, submission, and other chain-specific tasks.
A component that implements protection mechanisms and fail-safes to prevent losses and ensure transaction integrity.
The component responsible for handling transaction creation, signing, and submission across different blockchains.
A defined approach to identify and execute profit opportunities. ON1Builder allows for both built-in and custom strategies.
The average time interval between the creation of consecutive blocks in a blockchain. This varies significantly between different blockchains.
A method for determining the appropriate gas price for transactions. ON1Builder supports multiple strategies (e.g., "fast", "medium", "slow") to optimize transaction costs versus confirmation speed.