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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

Ethereum

Launched in 2015, Ethereum is the world's programmable blockchain. Like other blockchains, Ethereum has a native cryptocurrency called Ether (ETH). ETH is digital money. People all over the world use ETH to make payments, as a store of value, or as collateral. But unlike other blockchains, Ethereum can do much more.

 

Not to mention that the transaction fees are very high in comparison to other currencies out there. One of the leading cryptocurrencies that provide smart contract systems to its users, Ethereum is an open-source blockchain running in a decentralized environment

 

Being the only capable currency that can compete with bitcoin at the moment, Ethereum is a multipurpose entity that allows different use cases such as worldwide payments, application systems, banking, and finance industries.

Launched in 2015, Ethereum is the world's programmable blockchain. Like other blockchains, Ethereum has a native cryptocurrency called Ether (ETH). ET...

Other Important Terms

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...

Decentralized Autonomous Organizations

DAO is an abbreviation of ‘Decentralised Autonomous Organization’. This is basically an...

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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