Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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Virtual Machine

A virtual machine (VM) is a program which emulates a computer system. It has a virtual CPU, memory, and storage and appears, from the outside, to be no different than a physical machine with the same hardware.

Other Important Terms

Yellow paper

A ‘yellow paper’ is a research document. It describes a more in-depth and technical analysis. T...

Merkle Tree

A tree structure in cryptography, in which every leaf node is labelled with the hash of a data bloc...

Initial Coin Offering (ICO)

A modern, unregulated form of social financing where capital is accumulated by means of cryptocurre...

Emission Rate

The term ‘Emission’ is in relation to blockchain, often used as ‘Emission Rate’. This is th...

ERC-20

ERC-20 is a technical token standard used to issue and implement tokens on the Ethereum blockchain....

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