Quick Navigation
BLOCKCHAIN#1
A decentralized digital ledger that records transactions across many computers securely and transparently.
SMART CONTRACTS#2
Self-executing contracts with the terms of the agreement directly written into code, enabling automated transactions.
CRYPTOCURRENCY#3
A digital or virtual currency that uses cryptography for security and operates on blockchain technology.
DECENTRALIZATION#4
The distribution of authority and control away from a central entity, enhancing security and transparency.
TRANSACTION#5
An exchange of value recorded on the blockchain, typically involving the transfer of cryptocurrency.
NODE#6
A computer that participates in the blockchain network, maintaining a copy of the blockchain and validating transactions.
MINING#7
The process of validating transactions and adding them to the blockchain, often rewarded with cryptocurrency.
LEDGER#8
A record-keeping system that maintains a list of transactions; in blockchain, it is distributed and immutable.
CONSENSUS MECHANISM#9
A protocol used to achieve agreement on a single data value among distributed processes or systems.
PUBLIC BLOCKCHAIN#10
A blockchain that is open for anyone to join and participate in, promoting transparency and accessibility.
PRIVATE BLOCKCHAIN#11
A blockchain restricted to a specific group of users, offering more control and privacy.
HARD FORK#12
A significant change to the blockchain protocol that is not backward compatible, resulting in a split into two chains.
SOFT FORK#13
A backward-compatible change to the blockchain protocol that allows previously valid transactions to remain valid.
ICO (INITIAL COIN OFFERING)#14
A fundraising method where new cryptocurrencies sell tokens to investors, often used to raise capital for projects.
WALLET#15
A digital tool that allows users to store, send, and receive cryptocurrencies securely.
TOKEN#16
A digital asset created on a blockchain, representing a unit of value or utility, often used in ICOs.
DAPP (DECENTRALIZED APPLICATION)#17
An application that runs on a decentralized network, utilizing smart contracts for backend operations.
GAS#18
A fee required to execute transactions or smart contracts on the Ethereum blockchain, measured in Ether.
BLOCK#19
A collection of transactions that are bundled together and added to the blockchain.
CHAIN#20
A series of blocks linked together, forming the complete history of transactions on a blockchain.
CRYPTOGRAPHY#21
The practice of securing information through encoding, ensuring privacy and integrity of data.
SYNCHRONIZATION#22
The process of ensuring that all nodes in the blockchain network have the same data and transaction history.
VALIDATOR#23
A participant in the blockchain network responsible for validating and confirming transactions.
APPLICATION#24
A software program that utilizes blockchain technology to solve specific problems or provide services.
USE CASE#25
A specific scenario in which blockchain technology is applied to address a particular challenge or need.