Glossary Category One

BitcoinBitcoin is a cryptocurrencyA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by.... It is a decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More digital currencyA digital currency is a medium of monetary exchange that only exists in electronic form and has no physical counterpart. Read More that is based on cryptographyCryptography - means "secret writing"—the ability to exchange messages that can only be read by the intended recipient.  In cryptocurrency,... Read More. As such, it can operate without the… Read More is a cryptocurrencyA digital… Read More »BitcoinBitcoin is a cryptocurrency. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the... Read More

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An organizational structure wherein a small handful of actors have control over the entire network. In the context of bitcoinBitcoin is a cryptocurrencyA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by.... It is a… Read More »CentralizedAn organizational structure wherein a small handful of actors have control over the entire network. In the context of bitcoin,... Read More