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Reference

Full crypto glossary

Blockchain
A shared digital ledger replicated across many computers, where each new batch of transactions (block) links to the one before it.
Private Key
A secret code that proves ownership of crypto and authorizes spending it. Never share this with anyone.
Seed Phrase
A 12–24 word backup that can recreate your entire wallet. Treat it like the master key to a vault.
Wallet
Software or hardware that stores your private keys and lets you send, receive, and view your crypto.
Custodial
A setup where a third party (like an exchange) holds your private keys on your behalf.
Non-Custodial
A setup where you alone control your private keys, with no third party able to access or freeze funds.
Gas Fee
The fee paid to network validators to process a transaction, named for the 'fuel' that powers computation on chains like Ethereum.
Cold Storage
Keeping private keys completely offline, typically on a hardware wallet, to minimize hacking risk.
Hot Wallet
A wallet connected to the internet, offering convenience at the cost of higher exposure to online attacks.
Public Address
A shareable code (like a bank account number) others use to send you crypto. Safe to share publicly.
Smart Contract
Self-executing code on a blockchain that automatically carries out an agreement when conditions are met.
DeFi
Decentralized Finance — financial tools like lending and trading built on blockchains, without a bank as the middleman.
KYC
Know Your Customer — the identity verification process exchanges require by law before letting you trade.
Market Cap
A coin's price multiplied by its total circulating supply, used to gauge its overall size relative to other coins.
Altcoin
Any cryptocurrency other than Bitcoin — short for 'alternative coin.'
Stablecoin
A cryptocurrency designed to hold a steady value, usually pegged 1:1 to a currency like the US dollar.
Rug Pull
A scam where developers abandon a project and drain its funds after attracting investment.
Block Explorer
A public website (like Etherscan) that lets anyone search and verify blockchain transactions.
Node
A computer that stores a copy of the blockchain and helps validate and relay transactions across the network.
Fork
A split in a blockchain's rules or history, creating two separate paths — sometimes resulting in a new coin.

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