Crypto and Blockchain Dictionary
A complete list of crypto definitions
Cryptocurrency and blockchain glossary
Commonly used terms in the world of blockchain and cryptocurrency
Terms commonly used in the world of blockchain and cryptocurrency
Quick Links
Tools
Altcoin
An altcoin is any cryptocurrency or token created after the Bitcoin was developed.Other Important Terms
Bitcoin
Bitcoin is a digital or virtual cryptocurrency created in 2009 that uses peer-to-peer technology to facilitate instant payments.Block Reward
The block reward is the payment that is offered to the node that is securing the blockchain. In the case of Bitcoin, which is has a Proof-of-Work consensus algorithm, these would be the miners. The payment is in the form of the native cryptocurrency of that blockchain. The amount is a predetermined reward per block, but often that is supplemented with the fees that are paid for the transactions that block contains. For Bitcoin the current block rewards are cut in half every four years. This is called the ‘halvening’.Decentralized Autonomous Organizations
DAO is an abbreviation of ‘Decentralised Autonomous Organization’. This is basically an organisation that runs automatically on itself without any human interventions. The work is automatically excecuted through Smart contracts.Block explorer
A block explorer is an online service to track blockchain transactions. It usually is a website where you can see all the new blocks that are being created. You can also search for transactions and wallet addresses. The best-known block explorers are blockchain.info for Bitcoin and etherscan.io for Ethereum.Ethereum
Launched in 2015, Ethereum is the world's programmable blockchain. Like other blockchains, Ethereum has a native cryptocurrency called Ether (ETH). ETH is digital money. People all over the world use ETH to make payments, as a store of value, or as collateral. But unlike other blockchains, Ethereum can do much more.
Read the Disclaimer : The information provided on our website, including any linked sites, associated applications, forums, blogs, social media accounts, and other platforms (collectively, the "Site") is intended for general informational purposes only. This information is sourced from third-party providers, and we make no representations or warranties regarding its accuracy or timeliness. None of the information on the Site should be considered financial, legal, or any other type of advice, and should not be relied upon as such. Any use or reliance on the information provided is at the user's own risk. It is the user's responsibility to conduct their own research, analysis, and verification of the information before relying on it. Trading in any form is a high-risk activity that can result in significant losses, so it is important to consult with a financial advisor before making any decisions. The Site does not provide any investment or other solicitations or offers.