Crypto Dictionary

A unique identifier used to send and receive cryptocurrency.

Any cryptocurrency other than Bitcoin (BTC).

A transaction in which the identities of the participants are not disclosed.

Bitcoin (BTC) is the first and most well-known decentralized cryptocurrency, created in 2009 by the anonymous developer Satoshi Nakamoto. It uses blockchain technology to enable secure, transparent, and censorship-resistant transactions without the need for banks or intermediaries.

An indicator that measures Bitcoin’s market share relative to all other cryptocurrencies.

A group of transactions that is added to the blockchain.

The reward that miners receive for successfully adding a new block.

A decentralized digital ledger that records all transactions on the network.

The process of destroying cryptocurrency to reduce its total supply.

A mechanism through which blockchain networks reach consensus on the validity of transactions.

Software or hardware used to store and manage cryptocurrencies.

A digital or virtual currency secured by cryptography.

Methods for securing data using mathematical algorithms.

Software running on a blockchain without central control.

A cryptocurrency trading platform that operates without a central intermediary, allowing users to trade directly with one another.

Blockchain-based financial services that do not require intermediaries.

The second most popular blockchain network that supports smart contracts and DApps.

An execution environment that enables the running of smart contracts on the Ethereum network.

A fork of a blockchain network that creates a new version of the existing cryptocurrency.

Fee paid for processing transactions on the Ethereum network.

The first block in a given blockchain.

A reduction of the mining reward for new blocks by half, which limits the supply of the cryptocurrency.

A cryptographic function that converts data into a unique digital fingerprint.

A measure of the computational power of a cryptocurrency mining network.

The ease with which an asset can be bought or sold on the market.

An altcoin created as a faster and cheaper alternative to Bitcoin.

A digital space where users can interact through virtual assets and blockchain technologies.

A person or machine that validates transactions and adds new blocks to the blockchain.

The process of validating transactions and adding new blocks to the blockchain.

A computer that supports the blockchain network by validating and propagating transactions.

A unique digital asset that cannot be exchanged for another of equal value.

A transaction that takes place outside the main blockchain to reduce fees and processing time.

An external data source that provides information to smart contracts.

Personal cryptographic information used to access and manage cryptocurrencies.

A consensus mechanism in blockchain where users validate transactions by staking their cryptocurrencies, instead of using computational power as in Proof-of-Work (PoW).

An address that can be shared with others to receive cryptocurrency.

A unique invitation code used to receive bonuses when registering on crypto platforms.

A scam in which the creators of a crypto project suddenly withdraw the funds and disappear.

A transaction protected through cryptographic methods to prevent fraud.

An automated agreement with encoded conditions, operating on a blockchain, that executes without the need for an intermediary.

Cryptocurrency whose value is pegged to fiat currencies or assets in order to maintain a stable value relative to another asset, such as the US dollar or gold.

The process of locking tokens in a blockchain network to support its security, transaction validation, and decentralization. In return, participants receive rewards in the form of additional tokens.

A digital asset built on an existing blockchain platform.

A process by which a certain amount of tokens is permanently removed from circulation.

A small fee paid for processing crypto transactions.

The degree of price change in cryptocurrencies over a short period.