Glossary March 5, 2026 Proof of Work (PoW) Proof of Work (PoW) A consensus mechanism requiring miners to expend computational energy to solve mathematical puzzles in order to earn block rewards.
Glossary March 5, 2026 Proof of Reserves A cryptographic audit conducted by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits.
Glossary March 5, 2026 Multi-Signature (Multisig) A security feature requiring multiple private key signatures to authorize a cryptocurrency transaction.
Glossary March 5, 2026 Central Bank Digital Currency (CBDC) A digital form of a country’s fiat currency issued and controlled by the central bank, distinct from decentralized cryptocurrencies.