Bitcoin
The first cryptocurrency, secured by a decentralised network of miners rather than any central authority.
Read definitionUnderstand the terms, concepts and technologies behind crypto, finance, markets, AI and Web3.
The first cryptocurrency, secured by a decentralised network of miners rather than any central authority.
Read definitionA distributed ledger that records transactions across many computers so entries cannot be altered retroactively.
Read definitionAn organisation governed by token holders voting on proposals, with the rules enforced in code.
Read definitionFinancial services built on public blockchains, run by smart contracts instead of banks or brokers.
Read definitionA programmable blockchain that runs smart contracts, and the network behind most decentralised applications.
Read definitionHow easily an asset can be bought or sold without moving its price.
Read definitionThe total value of an asset in circulation, found by multiplying the current price by the supply outstanding.
Read definitionA token recording ownership of a specific item on a blockchain, where each unit is distinct rather than interchangeable.
Read definitionCode stored on a blockchain that runs automatically when its conditions are met, without an intermediary.
Read definitionA token designed to hold a steady value, usually by tracking a currency such as the US dollar.
Read definitionLocking cryptocurrency to help secure a proof-of-stake network, in exchange for a share of the rewards.
Read definitionThe supply, distribution and incentive design that determine how a token is expected to behave.
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