Plain-language reference
Crypto Glossary
Blockchain
A shared ledger maintained by a network of participants.
Cold wallet
A wallet whose signing keys are kept offline or isolated from everyday internet-connected devices.
Consensus
The process a distributed network uses to agree on valid state.
Gas
A unit used to meter computation or transaction resources on some networks.
Private key
A secret cryptographic value used to authorize transactions.
Seed phrase
A human-readable backup used to recover certain wallets.
Smart contract
Program code deployed to a blockchain that executes according to defined rules.
Staking
Locking or delegating assets in some proof-of-stake systems to help secure the network.
Validator
A participant that proposes or attests to blocks on proof-of-stake networks.
Wallet
Software or hardware used to manage cryptographic keys and interact with networks.