October 15, 2026

Glossary

Portfolio Tracker

An application monitoring the value and performance of a user’s cryptocurrency holdings across wallets.

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Polkadot (DOT)

A multi-chain blockchain platform that enables different blockchains to transfer messages and value in a trust-free fashion.

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Plutocracy

Governance of a DAO or blockchain protocol controlled by the wealthiest token holders.

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Phishing

A cyberattack method where scammers create fake cryptocurrency websites to steal private keys or login credentials.

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Perpetual Contract

A derivative contract with no expiration date that tracks the price of an underlying cryptocurrency and uses funding rates.

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Permissionless

A blockchain property allowing anyone to participate without needing approval from a central authority.

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Payment Channel

An off-channel mechanism that allows two parties to conduct multiple cryptocurrency transactions without recording each on the blockchain.

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Parachain

An independent blockchain that runs in parallel with and connects to the Polkadot or Kusama relay chain.

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