Glossary

Category description – Bitcoin was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.

SWIFT

Reading Time: < 1 minute A wallet address is the destination to which people send cryptocurrency. It is derived from the user’s public key. The Society for Worldwide Interbank Financial Telecommunication

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Qtum

Reading Time: < 1 minute A blockchain based on proof-of-stake consensus, a UTXO model and solidity smart contract which gives it certain features of both Bitcoin and Ethereum.

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Shitcoin

Reading Time: < 1 minute Crypto can be a tribalist place, and token supporters sometimes resort to calling their competitors a shitcoin.

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Verification

Reading Time: < 1 minute The onboarding process for new customers, which includes verifying that you are who you say you are.

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UTXO

Reading Time: < 1 minute Unspent Transaction Output. Any Bitcoin that you have received but not yet spent is a UTXO. UTXOs are what you have available to spend in

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Trustless

Reading Time: < 1 minute Bitcoin relies on cryptography and incentives instead of banks and trusted intermediaries. The fact that users don’t need to trust one another to transact with

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Tezos

Reading Time: < 1 minute A smart contract platform based on proof-of-stake.

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Testnet

Reading Time: < 1 minute A version of a blockchain used for testing. A testnet has many of the same software features as the main blockchain, except that its token

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Soft Fork

Reading Time: < 1 minute Like hard forks, this is a general change in a network’s protocol, but unlike hard forks, it is backward compatible, meaning that it doesn’t result in

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