Glossary

A record-keeping system where data is stored, shared, and synchronized across multiple locations, devices, or institutions.

An alternative to traditional blockchain structure where transactions are linked in a graph rather than a linear chain.

A cryptographic mechanism that proves the authenticity and integrity of a message or transaction.

A common description for Bitcoin, suggesting it shares properties with physical gold such as scarcity, durability, and value storage.

Any asset that exists in digital form on a blockchain or computer network, including cryptocurrencies, tokens, NFTs, and digital contracts.

The automatic recalibration of mining difficulty on a proof-of-work blockchain to ensure blocks are found at a consistent rate.

A measure of how hard it is to find a valid hash for a new block in proof-of-work mining, adjusted to maintain consistent block times.

A slang term describing an investor who holds their cryptocurrency through significant price drops and volatility without selling.

A financial contract whose value is derived from the performance of an underlying cryptocurrency asset.

A visual representation of buy and sell orders at various price levels for a cryptocurrency, showing market liquidity.