GLOSSARY OF TERMS

 

All | # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z | Submit a name
There are 4 names in this directory beginning with the letter C.
Chain split 
A situation in which a blockchain splits into two or more separate versions. The split occurs when the rulesets diverge. The split maybe temporary or permanent.

Cold storage
A method in which private keys are kept off of the Internet for safekeeping. Types of cold storage include USBs, sound wallets and hard wallets.

Consensus
A decision making process whereby participants of the network reach an agreement that is beneficial to the entire group. Consensus is achieved when all participants agree that a block of transactions are valid. Consensus is required for the new block of transactions to be added to the chain.

Cryptocurrency
A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds


Submit a name

THIS LIST WILL CONTINUE TO GROW

PLEASE HELP BY CLICKING SUBMIT TO ADD TO IT

Only approved submissions will be ADded

Newsletter

Sign up to stay up-to-date on the latest buzz!

Newsletter

Sign Up For Buzz On The Block Newsletters