Cryptocurrency 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
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Altcoin
An altcoin is any cryptocurrency or token created after the Bitcoin was developed.Other Important Terms
Blockchain
Blockchain is most simply defined as a decentralized, distributed ledger technology that records the provenance of a digital asset.Decentralized Autonomous Organizations
DAO is an abbreviation of āDecentralised Autonomous Organizationā. This is basically an organisation that runs automatically on itself without any human interventions. The work is automatically excecuted through Smart contracts.Anti-Money Laundering
AML is the abbreviation for āanti-money launderingā. AML stands for policy and legislation on money laundering. This prevents illegally acquired funds from being converted into a legal variant. Within the crypto world, it is no longer unusual for AML techniques to be used by exchanges and wallets. This term is often used as AML/KYC, where KYC stands for āKnow your customerā.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.51% Attack
A ā51% attackā refers to a possible attack on a blockchain by a group of āminersā, who hold more than 50% of the hashrate. In such a situation the āminersā have the possibility to deliberately not confirm transactions or to issue transactions twice (double-spend).Cryptocurrency News
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