Term of the Moment

Macintosh clone


Look Up Another Term


Definition: crypto glossary basics


Following is a summary of the definitions in this encyclopedia for major crypto terms. For a summary of many crypto definitions in this encyclopedia, see crypto glossary and crypto.

crypto/cryptocurrency
A blockchain-based digital currency. See cryptocurrency.

crypto stats
Useful information portals. See crypto stats.

Bitcoin
The cryptocurrency that started the crypto revolution. See Bitcoin and Bitcoin mining.

blockchain
The network architecture behind cryptocurrencies and smart contracts. See blockchain.

Ethereum
A major blockchain platform for crypto and smart contracts. See Ethereum and Bitcoin vs. Ethereum.

major blockchains
A list of major blockchain networks. See major blockchains and native cryptocurrency.

smart contract
Software on Ethereum that performs myriad functions. See Ethereum.

NFT
Blockchain-based certification of ownership. See NFT.

DeFi
(Decentralized Finance) Blockchain-based finance without the middleman. See DeFi.

sidechain
An auxiliary blockchain that operates in parallel to the main chain. See sidechain.

block reward
The incentive for miners to add blocks to the blockchain. See crypto block reward.

crypto token
A representation of a crypto asset. See Ethereum token and crypto token.

crypto exchange
An online provider for buying, selling and trading crypto. See crypto exchange.

crypto wallet
The software interface for exchanging crypto. See crypto wallet and crypto wallet address.

crypto address
The identification of a user on a blockchain. See crypto address.

altcoin
A non-Bitcoin cryptocurrency. See altcoin.

trading pairs
A pair of cryptocurrencies that make swapping simple. See crypto trading pair.

symbols
Logos and trading symbols used. See crypto symbol.