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Sound Wallet A succinct definition of Sound Wallet Sound WalletLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSOUND WALLETCopy linkShare on TwitterShare on FacebookShare on LinkedinSound WalletA sound wallet in cryptocurrency is a novel way of storing private keys using sound or audio. The concept involves encoding a private key as a sound file to provide an additional layer of security, which can then be stored in various formats like a CD, vinyl record, MP3 file, or even an a…
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Crypto.com Glossary: Your Guide to Key Terms and Jargon in Blockchain and Cryptocurrency Check Crypto.com's crypto glossary to learn what commonly used terms used in the crypto-verse mean. Crypto.com Glossary: Your Guide to Key Terms and Jargon in Blockchain and CryptocurrencyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyCrypto GlossaryLearn all of the most important blockchain and cryptocurrency terms and jargon here.Trending TermsSolana Program LibraryThe Solana Program Library (SPL…
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Cryptographic Key A succinct definition of Cryptographic Key Cryptographic KeyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTOGRAPHIC KEYCopy linkShare on TwitterShare on FacebookShare on LinkedinCryptographic KeyA cryptographic key is a series of symbols used in an algorithm to encrypt or decrypt text. It is a crucial component of cryptographic systems and used to transform plaintext into ciphertext, or vice versa.Cryptographic keys are also employed to digitally sign and…
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Seed Phrase A succinct definition of Seed Phrase Seed PhraseLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSEED PHRASECopy linkShare on TwitterShare on FacebookShare on LinkedinSeed PhraseA seed phrase, or a recovery phrase, is a series of 12 to 24 randomised words used to unlock a cryptocurrency wallet and its private keys. This string of words is typically generated by a crypto wallet’s software and derived from its private keys, serving as a master password for the digital…
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The DAO Hack A succinct definition of The DAO Hack The DAO HackLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTHE DAO HACKCopy linkShare on TwitterShare on FacebookShare on LinkedinThe DAO HackIn early 2016, while looking for a method to raise funds for a project, Christoph Jentzsch referenced the concept of crowdfunding and applied it to the blockchain. Hence, the idea of a decentralised autonomous organisation (DAO) was born.The DAO, the first decentralised autonomous organis…
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RPC A succinct definition of RPC RPCLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYRPCCopy linkShare on TwitterShare on FacebookShare on LinkedinRPCRemote Procedure Call, also known simply as RPC, plays a crucial role in the functioning of many cryptocurrencies, including Ethereum. It refers to a communication protocol that allows a programme (like a wallet or node) to efficiently request services from another programme or server over a network, typically the internet.In a cryp…
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User Interface (UI) A succinct definition of User Interface (UI) User Interface (UI)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYUSER INTERFACE (UI)Copy linkShare on TwitterShare on FacebookShare on LinkedinUser Interface (UI)The term ‘user interface’ (UI) is the point of interaction between the user and the system, and it plays a crucial role in providing a user-friendly experience. In the context of cryptocurrency and blockchain technology, UI typically refers to the gr…
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Private Key A succinct definition of Private Key Private KeyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYPRIVATE KEYCopy linkShare on TwitterShare on FacebookShare on LinkedinPrivate KeyA private key is a string of randomly generated letters and numbers used alongside an algorithm to encrypt and decrypt data. It can be in the form of a 256-character-long binary code, a QR code, a 64-digit hexadecimal code, or a mnemonic phrase. Regardless of their form, private keys are an i…
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Honeypot A succinct definition of Honeypot HoneypotLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHONEYPOTCopy linkShare on TwitterShare on FacebookShare on LinkedinHoneypotIn honeypot scams, the scammers typically contact cryptocurrency users through social media platforms like X, Discord, or Reddit, presenting themselves as inexperienced individuals seeking assistance. They claim to have received a substantial crypto payout and require help transferring or cashing it out. In …
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Anti-Phishing Code A succinct definition of Anti-Phishing Code Anti-Phishing CodeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYANTI-PHISHING CODECopy linkShare on TwitterShare on FacebookShare on LinkedinAnti-Phishing CodeAn Anti-Phishing Code is a security feature used by cryptocurrency exchanges, wallets, or platforms to help users verify the authenticity of communications they receive, particularly via email. It helps protect users from phishing attacks, where malicious act…