Category Archives: Crypto Basics

Price Down Limits is a mecanism where a trading platform will sell off your tokens when the price of a cryptocurrency falls below a limit.

Merged mining is when miners use the same amount of computational power to validate work on two or more chains. 

A Bitcoin ETF aims to track Bitcoin’s price fluctuations in a traditional market like Wall Street rather than a cryptocurrency exchange.

DeFi stands for decentralized finance. It connotes a system where there is no central governing authority regulating money.

Blockchain layers consist of the different infrastructures that work together to fuel the operations of blockchain-based systems

A node is a computer or server that acts as moderator to keep a copy of the blockchain’s distributed ledger.

A blockchain bridge is a technology created to solve the problem of interoperability associated with crypto assets

A decentralized application (dApp) is a distributed, open-source software application that functions on a decentralized network of computers instead of relying on a single central server

A public key is one half of a system of secure communication called public key cryptography. It is a unique number that works alongside a private key, while the public key encrypts data, the private key decrypts data.

A crypto paper wallet is like a safe for your cryptocurrency, with its address and private key printed on paper. It’s a way to keep your cryptocurrencies offline