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Key Concepts

IDTermDefinition
1HotStuffa consensus algorithm that uses a leader-based approach to achieve consensus in a partially synchronous network. It is the basis for HyperBFT, used in Hyperliquid's App-Chain
2BSTBinary Search Tree, a data structure that allows for efficient searching, insertion, and deletion of elements.
3CLOBCentral Limit Order Book, a type of order book where all orders are visible and matched based on price-time priority.
4Front-runthe act of executing a trade based on advance knowledge of pending orders, potentially leading to unfair advantages.
5Finalityis the guarantee that a transaction is permanently recorded on the ledger.
6AppChainis a custom-built blockchain designed to host a single decentralized application.