Cryptocurrency and Blockchain Dictionary
A complete list of crypto definitions
Cryptocurrency and blockchain glossary
Commonly used terms in the world of blockchain and cryptocurrency
Terms commonly used in the world of blockchain and cryptocurrency
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Bitcoin
Bitcoin is a digital or virtual cryptocurrency created in 2009 that uses peer-to-peer technology to facilitate instant payments. Being one of the fundamental crypto tokens that were launched in a decentralized environment, Bitcoin is the big bull of the crypto industry right now.
Considered the most expensive cryptocurrency in the market, Bitcoin is symbolized with BTC. Unlike other cryptocurrencies that require a mediator or a central repository in order to perform transactions, Bitcoin can be sent from one user to another over a P2P (peer-to-peer) network.
It is one of the most popular cryptos when it comes to mining. As the miners can receive a decent amount of Bitcoins for free via mining. Not to mention that Bitcoin is often criticized by individuals, industries, and platforms for certain reasons. However, nobody can change the fact that BTC is at the top of the crypto industry right now.
Bitcoin is a digital or virtual cryptocurrency created in 2009 that uses peer-to-peer technology to facilitate instant payments. Being one of the fund...Other Important Terms
Cold Storage
Cold storage refers to storing cryptocurrency in a place where the private key cannot be accessed vi...Decentralized Autonomous Organizations
DAO is an abbreviation of ‘Decentralised Autonomous Organization’. This is basically an...51% Attack
A ‘51% attack’ refers to a possible attack on a blockchain by a group of ‘miners&r...Ethereum
Launched in 2015, Ethereum is the world's programmable blockchain. Like other blockchains, Ethereum...Altcoin
There are tons of different cryptocurrencies available in the market. However, they are divided into...Cryptocurrency News