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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Cold Storage
Cold storage refers to storing cryptocurrency in a place where the private key cannot be accessed via the internet. This can be done on a hardware wallet, paper wallet, or software wallet in an offline environment. Instead of storing your crypto tokens in digital wallets, using cold storage will provide you with better security. Therefore, it is obvious that people love crypto trading platforms that use cold storage. In order to keep the user's assets secure and safe from potential threats. The cold storages are completely offline, storing the private keys with increased security. Therefore the chances of hacking or stealing your crypto assets are decreased drastically.
Cold storage refers to storing cryptocurrency in a place where the private key cannot be accessed via the internet. This can be done on a hardware wal...Other Important Terms
2 Factor Authentication (2FA)
2 Factor Authentication is a double-layer security measure. Most crypto exchanges use it. In order t...Smart Contract
A smart contract is a computer program or a transaction protocol respectively, which is intended to...Blockchain
Blockchain is most simply defined as a decentralized, distributed ledger technology that records the...Ethereum
Launched in 2015, Ethereum is the world's programmable blockchain. Like other blockchains, Ethereum...Decentralized Autonomous Organizations
DAO is an abbreviation of ‘Decentralised Autonomous Organization’. This is basically an...Cryptocurrency News
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