Glossary

The irreversibility of a confirmed blockchain transaction, meaning it cannot be altered or cancelled once validated.

The principle that individuals should have complete control over their own money without dependence on banks or governments.

A decentralized storage network that allows users to rent out unused hard drive space and earn FIL tokens.

A service that allows users to convert cryptocurrency back into traditional fiat currency for withdrawal.

A service that allows users to purchase cryptocurrency using traditional fiat currency payment methods.

Government-issued currency not backed by a physical commodity, such as the US Dollar or Euro.

The competitive market where cryptocurrency users bid transaction fees against each other to get their transactions prioritized.

A sentiment analysis tool that measures the emotional state of the cryptocurrency market from extreme fear to extreme greed.

A website that rewards users with small amounts of cryptocurrency for completing simple tasks, used to distribute coins.

A cryptocurrency launch where tokens are distributed to the public without any pre-mining or pre-sale advantages to insiders.