July 12, 2026
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Glossary

Payment Channel

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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Token Economy

The system of incentives, supply, demand, and utility that governs how a cryptocurrency token creates and transfers value.

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Exchange Hack

A security breach where attackers gain unauthorized access to a cryptocurrency exchange’s hot wallets to steal funds.

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Derivative

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

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