It seems we can’t find what you’re looking for. Perhaps searching can help.
Glossary
Crypto Glossary
New to crypto? Our glossary explains key terms in simple language. From “Bitcoin” to “DeFi,” we’ve got you covered.
π Featured Terms
DeFi
Decentralized Finance: A blockchain-based financial system that removes intermediaries like banks. Enables lending, trading, and earning interest peer-to-peer.
Gas Fee
Transaction Fee: The cost to execute a transaction or smart contract on a blockchain (e.g., Ethereum). Paid in the network’s native token (e.g., ETH).
Staking
Earn Passive Income: Locking up crypto assets to support a blockchain network (e.g., Ethereum 2.0) in exchange for rewards.
π Browse All Terms
A
B
- Bitcoin β The first and most well-known cryptocurrency, created by Satoshi Nakamoto in 2009.
- Blockchain β A decentralized, distributed ledger that records transactions across a network of computers.
β Frequently Asked Questions
What is blockchain?
A blockchain is a decentralized, distributed ledger that records transactions across a network of computers. Itβs the technology behind cryptocurrencies like Bitcoin and Ethereum.
What is the difference between Bitcoin and Ethereum?
Bitcoin is a digital currency designed as a store of value. Ethereum is a platform for smart contracts and decentralized apps (DApps).
What is a smart contract?
A smart contract is a self-executing contract with the terms written in code. It runs on a blockchain (e.g., Ethereum) and automatically executes when conditions are met (e.g., sending funds when a product is delivered).
What is a private key?
A private key is a secret code that allows you to access and manage your crypto assets. Itβs like a password for your wallet. Never share it with anyone!
What is staking?
Staking is the process of locking up crypto assets to support a blockchain network (e.g., Ethereum 2.0) in exchange for rewards. Itβs like earning interest on your savings.
What is a rug pull?
A rug pull is a type of scam where developers abandon a project and take investors’ funds. Always research projects thoroughly and avoid anonymous teams.
Missing a term? Request a definition or browse all terms.