Cryptocurrency – Cryptocurrency is virtual money that uses technology in order to control how and when it is created. It lets users exchange between themselves directly like cash.
Blockchain – Blockchain is a computer data technology, which is very secure, permanent, and unable to manipulate. People and computer work together to create a network. This network is enabled and protected by cryptography.
Block – A block is a single digital recording made with using blockchain technology. These data are stored permanently.
Bitcoin (BTC) – Bitcoin is a type of digital cash. It actually made started the cryptocurrency. It was made by an unknown person or group called Satoshi Nakatomo in 2009.
Altcoin – Altcoin is a definition of all coins, except for bitcoin. It stands for alternative bitcoin.
Satoshi – Satoshi Nakamoto is a creator of the most well-known coin; Bitcoin.
Market Capitalization – Market Capitalization, known as Market cap, is a way to rank the value or the size of assets. It is calculated by multiplying total capacity to the latest price.
Distributed Ledger – Distributed leger is a system that records the data of all independent computers. Identical recorded copies are kept by each computer with this technology.
Mining – Mining is progress of computer’s validating information, creating new blocks into the blockchain.
Hashing – Hashing is a computer program that changes information into numbers and letters of a certain length.
Fork – Fork is a split in blockchain which created by computer technology.
Hard Fork – Hard fork makes a permanent change to the technology of cryptocurrency.
Soft Fork – Soft fork makes a temporary split in the technology of cryptocurrency. This change creates a new block, which is slightly different from the original one.
Private Keys – Private keys are a combination of numbers and letters that allows owners to spend their cryptocurrency
Public Keys – Public keys are combination of letters and numbers, which used to receive cryptocurrency.
Exchange – Exchange is a platform where cryptocurrency can be traded.
Wallets – wallet is a software which interacts with blockchain and allows users to send and receive their digital money
Paper wallet – Paper wallet is a paper which contains information, which are needed to access and manage your cryptocurrency.
Hardware Wallet – Hardware wallet is a secure device which lock away access to your cryptocurrency
Software wallet – A software wallet is a program designed to secure your cryptocurrency while allowing yourself to access