Crypto
Bitcoin
The first cryptocurrency, secured by a decentralised network of miners rather than any central authority.
Beginner
Reference
Glossary
Understand the terms, concepts and technologies behind crypto, finance, markets, AI and Web3.
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Start here The terms worth knowing first
Crypto
Bitcoin
The first cryptocurrency, secured by a decentralised network of miners rather than any central authority.
Blockchain
Blockchain
A distributed ledger that records transactions across many computers so entries cannot be altered retroactively.
DeFi
DeFi
Financial services built on public blockchains, run by smart contracts instead of banks or brokers.
Popular terms
12 terms
Blockchain
Blockchain
A distributed ledger that records transactions across many computers so entries cannot be altered retroactively.
Beginner
Web3
DAO
An organisation governed by token holders voting on proposals, with the rules enforced in code.
Advanced
DeFi
DeFi
Financial services built on public blockchains, run by smart contracts instead of banks or brokers.
Intermediate
Crypto
Ethereum
A programmable blockchain that runs smart contracts, and the network behind most decentralised applications.
Beginner
Markets
Market Cap
The total value of an asset in circulation, found by multiplying the current price by the supply outstanding.
Beginner
Web3
NFT
A token recording ownership of a specific item on a blockchain, where each unit is distinct rather than interchangeable.
Beginner
Blockchain
Smart Contract
Code stored on a blockchain that runs automatically when its conditions are met, without an intermediary.
Intermediate
Crypto
Stablecoin
A token designed to hold a steady value, usually by tracking a currency such as the US dollar.
Beginner
Crypto
Staking
Locking cryptocurrency to help secure a proof-of-stake network, in exchange for a share of the rewards.
Beginner
Crypto
Tokenomics
The supply, distribution and incentive design that determine how a token is expected to behave.
Intermediate