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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

Altcoin

There are tons of different cryptocurrencies available in the market. However, they are divided into two main categories those are Altcoin and Stablecoin. The Altcoins are rather popular in comparison to the Stablecoins. In simple words, Altcoins are categorized as alternative coins, which are any cryptocurrency or token created after Bitcoin was developed.

No doubt Bitcoin is the leading currency when it comes to cryptocurrency. But Altcoins are meant to support the crypto industry while allowing the users to make investments according to their preference. Not to mention the main reason for the existence of Altcoins is to compete with Bitcoin.

As they address the flaws and drawbacks of Bitcoin, they try to get more control of the market by providing the latest services and more advanced solutions which are generally not available in BTC.

There are tons of different cryptocurrencies available in the market. However, they are divided into two main categories those are Altcoin and Stablec...

Other Important Terms

2 Factor Authentication (2FA)

2 Factor Authentication is a double-layer security measure. Most crypto exchanges use it. In order t...

Block Reward

The block reward is the payment that is offered to the node that is securing the blockchain. In the...

Block explorer

A block explorer is an online service to track blockchain transactions. It usually is a website wher...

Cold Storage

Cold storage refers to storing cryptocurrency in a place where the private key cannot be accessed vi...

Bitcoin

Bitcoin is a digital or virtual cryptocurrency created in 2009 that uses peer-to-peer technology to...

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