A platform for blockchain applications.
The coin associated with Ethereum.
The abbreviation for Ether.
A publicly accessible digital ledger made up of blocks.
A record on the blockchain made up of cryptocurrency transactions.
The original cryptocurrency technology created by the mysterious Satoshi Nakamoto.
The speed of which a computer completes an operation on the blockchain, such as confirming transcation.
The transfer of cryptocurrencies from one wallet to another.
A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
Cryptocurrencies that are an alternative to Bitcoin
A fork of Bitcoin with the intentions of increasing the block size to lower fees and speed up transactions.
The process of running algorithms to confirm transactions and create new coins.
A reward of cryptocurrencies given to miners for completing a block. This is how new coins are generated.
The reduction of the size of the block reward.
A computer connected to the network of a blockchain. Nodes validate and relay transactions.
Peer to peer (p2p)
Meaning transactions are handled from individual to individual without the need for a middle man like a bank.
Proof of work (POW)
A way of confirming blocks through mining. Where the probability of mining a block is dependent on how much work is done by the miner.
Proof of stake (POS)
A way of confirming blocks where the percentage of a block you are able to mine is based on the amount of coins you own.
A cryptographic key that can be used to encrypt data that can then only be decrypted by a corresponding private key.
A cryptographic key that can be used to decrypt data that has been encrypted by a corresponding public key.
An unalterable agreement that has specific logic determining how coins will move around once the contract is signed.