Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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Yellow paper

A ‘yellow paper’ is a research document. It describes a more in-depth and technical analysis. The purpose of this document is to inform those involved and interested.

Other Important Terms

Layer-1 Blockchain

A layer-1 blockchain is a set of solutions that improve the base protocol itself to make the overal...

2 Factor Authentication (2FA)

2 Factor Authentication is a double layer security measure. Most crypto exchanges use it. In order ...

Altcoin

An altcoin is any cryptocurrency or token created after the Bitcoin was developed....

Proof of Stake (PoS)

Proof of Stake (PoS) is a consensus mechanism where block validators are selected based on the numb...

Peer to Peer (P2P)

The decentralized interactions between parties in a distributed network, partitioning tasks or work...

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