web3glossary

What is this?
Prediction Markets are decentralized platforms where users and AI agents trade shares on the probability of future events. The price of a share (from $0.01 to $1.00) is effectively the market probability of the event expressed as a percentage. For example, if the share ‘YES’ on the question of a Federal Reserve rate cut costs $0.65, the market assesses the probability of this event at 65%.

What is this?
KYA (Know Your Agent) is a framework for verifying and identifying autonomous AI agents. It is a digital 'health book' and 'passport' for the bot in one bottle. KYA allows financial protocols, merchants, and other agents to understand who they are dealing with: who is the owner (principal), what limits are set for the agent, and which legal entity is responsible for its actions.

What is this?
On-chain AI is a concept where the logic of artificial intelligence, its decisions, and the execution itself occur directly on the blockchain or their results are cryptographically verified in the network.
This is a transition from the model of 'AI as a consultant' to the model of 'AI as a smart contract'. In 2026, this means that each decision of the neural network (for example, purchasing an asset in DeFAI) becomes an immutable record that can be verified.

What is it?
Programmable Bitcoin is the concept of extending the functionality of the Bitcoin network, allowing for the creation of complex smart contracts directly on the basis of the first cryptocurrency (or its L2 solutions). This transforms BTC from a passive store of value ('digital gold') into an active financial instrument that can be used in DeFi, staking, and autonomous agents.