Coin

A native digital asset that runs on its own blockchain. Coins are typically used as money for payments, fees, or network security. Examples include BTC on Bitcoin and Ether on Ethereum.

Cold Wallet

A digital wallet that isn’t connected to the internet. Cold wallets are considered very secure and are commonly used for long-term storage. Hardware wallets are a popular type of cold wallet.

Consensus Mechanism

The process a blockchain uses to agree on which transactions are valid and which blocks are added to the chain. It allows a decentralized network of computers to stay in sync without a central authority. Common types include Proof-of-Work and Proof-of-Stake.

Cryptocurrency

A digital form of money that uses cryptography to secure transactions and operates on a blockchain. Cryptocurrencies are typically decentralized, meaning no single government or company controls them.

Cryptography

The practice of securing information from unauthorized access by changing readable text into unreadable code. Cryptography helps protect transactions, control access to funds, and ensure data cannot be altered.

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