A country’s main bank for issuing currency, overseeing monetary
policy and sometimes setting interest rates.
The service provided by a crypto exchange or
sometimes a bank to take custody of your wallet and conduct cryptocurrency
transactions on your behalf.
Any of the so-called digital currencies such as Bitcoin etc. They
may be called currencies, but they are not recognized as such by governments in
the same way as traditional ‘flat’ currency such as dollars, pounds etc.
The storage of Bitcoin private keys in any way that is not connected
to the internet. Common forms of cold storage include hardware wallets, external
drivers, paper wallets, and offline computers
A formal agreement by nodes that a transaction or block is valid.
Transactions receive confirmations when they are included in a block. All
transactions are considered unconfirmed until they are added to a block, with each
additional block serving as another confirmation. The more confirmations a
transaction has, the less likely it is to be reversed.
A branch of mathematics that concerns the practice and study of
techniques for secure communication in the presence of an adversarial third party.
In the context of Bitcoin, cryptographic techniques are used to create secure wallets,
sign transactions, and link blocks to each other
Similar to any trading exchange, such as for shares, but dealing