Terminology

• CFT-20: An acronym for "Cosmos Fungible Token." (The "20" is a reference to "Ethereum Request for Comment, #20" or "ERC-20," which is the leading fungible token standard on Ethereum). CFT-20s are tokens, which can be created, transferred and traded directly on Cosmos Hub. Since Cosmos Hub doesn't support permissionless smart contracts, inscriptions protocols like Asteroid are the only way to issue tokens directly on top of Cosmos Hub. At least one bridge is also maintained, which allows users to transfer their CFT-20 tokens from Cosmos Hub to Neutron. When the tokens arrive on Neutron, they're minted as tokenFactory coins, which are fully IBC-compatible and can be transferred to any other blockchain that supports IBC.

• Inscription: Content that's been "written" or "inscribed" onto a blockchain. Many use this term interchangeably with NFTs, but it's important to note that inscriptions could refer to tokens as well.

• Mint: The process of inscribing artwork on-chain. Artists, for example, can "mint" their artwork on Cosmos Hub using Asteroid Protocol.

• NFT: Acronym for "non-fungible token." Non-fungible means the item is unique, and they are most frequently used to create on-chain artwork. Once created, that artwork can be sold, traded or transferred on-chain. Fungible tokens like CFT-20s are not unique/1 of 1 items.

• Protocol: A set of rules dictating how two or more entities can communicate on the internet. Common protocols include HTTP, HTTPS, SMTP, IBC, etc. Asteroid Protocol is a set of rules dictating how people who want to use the protocol should format their transactions on Cosmos Hub. All properly-formatted transactions are automatically detected and stored by Asteroid Protocol "indexers" (the computers that monitor the Cosmos Hub blockchain for Asteroid-related transactions).