Cryptocurrency Terms

What are Hardware Wallets? A hardware wallet is a physical device for cryptocurrencies that stores private keys which enables you to securely store your…

What is a Cryptocurrency Token? The word “token” can refer to several different things, depending on the context: A description for any digital asset.…

What is Bitcoin Core? Bitcoin Core refers either to the client software that serves as the reference implementation of the Bitcoin network, or to…

What is a Hard Cap? The hard cap is the predetermined amount of a coin that will be created and distributed. Hard caps are…

What Does HODL Mean? HODL, a misspelled version of hold, is a term used in the cryptocurrency world that refers to a buy and…

What is the Genesis Block? A genesis block is the first block of a blockchain and contains the protocol that establishes the basis for…

What are Transaction Fees? Transaction Fees are the payment that the spender must include to every cryptocurrency transaction and which goes to the miner…

What is a Mining Pool? A mining pool is a network of shared processing power by cryptocurrency miners where the reward is split equally,…

What is a Distributed Ledger? A distributed ledger is a database unanimously shared and synchronized throughout an entire network. By nature, distributed ledgers are…

What is Blockchain? A blockchain is a digital, decentralized ledger that keeps a history of all transactions that occur on the blockchain’s network. This…