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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2 Factor Authentication (2FA)
2 Factor Authentication is a double-layer security measure. Most crypto exchanges use it. In order to log in, you not only need to enter a password but also a secondary code for extra security.
Generally, this code is generated via an authenticator application like Google authenticator. While if you are using the mobile-based authentication feature it will ask you to enter a one-time password (OTP).
2FA is a widely used security method by many platforms. Quickly growing as one of the most popular security measures, two-factor authentication can help you with making your logins and transactions more secure with an additional layer of security.
2 Factor Authentication is a double-layer security measure. Most crypto exchanges use it. In order to log in, you not only need to enter a password bu...Other Important Terms
Smart Contract
A smart contract is a computer program or a transaction protocol respectively, which is intended to...Airdrop
An airdrop is a way to distribute coins. End users can generally get coins for free or in exchange f...Block explorer
A block explorer is an online service to track blockchain transactions. It usually is a website wher...Double Spending
With digital currency, there is a risk that the holder could make a copy of the digital token and se...Decentralized Autonomous Organizations
DAO is an abbreviation of ‘Decentralised Autonomous Organization’. This is basically an...Cryptocurrency News
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