Staging previewThis one template generates a page for every glossary term automatically. All content is live from the CMS, drawn from the AVAT Reference Guide. Click either card to flip it.
AVAT Knowledge Hub
LearnFor ExecutivesFor InvestorsGlossary
Glossary/
Protocol
The basics

Protocol

The set of rules that governs how a blockchain network operates - who can participate, how transactions are validated, and how conflicts are resolved. Every participant follows the same protocol, and that shared rulebook is what makes the system work without a central authority enforcing it.

TradFi equivalent
In traditional finance...
Click to reveal
TradFi equivalent
An ISDA protocol or FIX protocol. A standardized set of rules that market participants agree to follow so that transactions between different institutions can be processed consistently.
Click to flip back
Analogy
In everyday terms...
Click to reveal
Analogy
The rules of a language. Everyone who speaks English follows the same grammar, which is why two people who have never met can understand each other. The protocol is the grammar of the blockchain network.
Click to flip back
Back to the glossary
AVAT Knowledge Hub — built by AVAT, affiliated with Avalanche. No sales pitch.
avat.com