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BLOCKCHAIN#1
A decentralized digital ledger that records transactions across many computers securely and transparently.
DECENTRALIZATION#2
The distribution of authority and control away from a central entity, enhancing security and transparency in blockchain.
CRYPTOCURRENCY#3
Digital or virtual currency that uses cryptography for security, operating on a blockchain technology.
SMART CONTRACTS#4
Self-executing contracts with the agreement directly written into code, automating transactions on a blockchain.
NO-CODE PLATFORM#5
Development tools that allow users to create applications without traditional coding, often using visual interfaces.
LEDGER#6
A record-keeping system used in blockchain to maintain a list of transactions, ensuring data integrity.
NODE#7
A computer that participates in the blockchain network, validating and relaying transactions.
TRANSACTION#8
An exchange of value or data recorded on the blockchain, which can involve cryptocurrencies or smart contracts.
HASHING#9
A process that converts data into a fixed-size string of characters, ensuring data integrity and security.
PUBLIC KEY#10
A cryptographic key that can be shared publicly, used to receive cryptocurrency or verify transactions.
PRIVATE KEY#11
A secure key that allows users to access their cryptocurrency or blockchain applications, kept confidential.
BLOCK#12
A collection of transactions that are recorded and added to the blockchain, forming a chain of blocks.
MINING#13
The process of validating transactions and adding them to the blockchain, often rewarded with cryptocurrency.
FORK#14
A change in the blockchain protocol that can result in a split, creating two separate versions of the blockchain.
TOKEN#15
A digital asset created on a blockchain, representing various assets or utilities, often used in decentralized applications.
DAPP (DECENTRALIZED APPLICATION)#16
Applications that run on a blockchain network, utilizing smart contracts for backend processes.
ICO (INITIAL COIN OFFERING)#17
A fundraising method where new cryptocurrencies are sold to investors, often used for project development.
WALLET#18
A digital tool that allows users to store, send, and receive cryptocurrencies securely.
INTEROPERABILITY#19
The ability of different blockchain networks to communicate and work together seamlessly.
GAS#20
A unit of measurement for computational work required to execute transactions or smart contracts on a blockchain.
PROOF OF WORK#21
A consensus mechanism that requires network participants to solve complex mathematical problems to validate transactions.
PROOF OF STAKE#22
A consensus mechanism where validators are chosen based on the number of coins they hold and are willing to 'stake'.
DEFI (DECENTRALIZED FINANCE)#23
Financial services using smart contracts on blockchains, allowing for peer-to-peer transactions without intermediaries.
NFT (NON-FUNGIBLE TOKEN)#24
A unique digital asset representing ownership of a specific item or piece of content, secured on a blockchain.
LEDGER TECHNOLOGY#25
The underlying technology of blockchain that enables secure, transparent record-keeping.
CRYPTOGRAPHY#26
The practice of securing information through mathematical techniques, essential for blockchain security.