Market Cap: $1114152416069 24h Vol: $70586368809 Cryptocurrencies: 15858 Markets: 60244

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

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

Block Reward

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

Blockchain

Blockchain is most simply defined as a decentralized, distributed ledger technology that records the...

2 Factor Authentication (2FA)

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

Cold Storage

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

Ethereum

Launched in 2015, Ethereum is the world's programmable blockchain. Like other blockchains, Ethereum...

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