Public Key

What is a Public Key? A public key is a unique address needed to perform transactions within a crypto network.... View Article

Public-Private Key

What is a Public-Private Key? Though the name Public-Private Key sounds contradictory, this is not the case – each wallet... View Article

Proof of Work

Proof of Work – The Algorithm for Mining Cryptocurrency The basis for mining digital currencies is an algorithm called Proof... View Article


What is Meant by Proof-of-Stake? Proof-of-stake or PoS is an algorithm that states that a person can verify transactions based... View Article

Pool Mining

What is Pool Mining? In the context of mining a cryptocurrency, pool mining is when different miners combine their computing... View Article

Physical Mining

What is Meant by the Term “Physical Mining”? Physical Mining – In order to enter into the world of the... View Article

Permissioned Ledger

What is a Permissioned Ledger? As a matter of fact, the Permissioned Ledger is the blockchain itself. Anyone can read the... View Article


What is a Peer-to-Peer Network? A peer-to-peer network also referred to as a P2P network, a computer-to-computer connection or a... View Article


What is a Passphrase? A passphrase is commonly used to encrypt access to software or an electronic system. It can... View Article


What are Oracles? Oracles – Though a blockchain oracle may sound like an ancient term, it’s far from outdated, though... View Article

On-Ledger Currency

What is an On-Ledger Currency? Each cryptocurrency is also an on-ledger currency. This is because it is stored in a wallet.... View Article

Full Node

What is a Full Node? A full node is a program that fully checks transactions and blocks. Almost all full... View Article

Multipool Mining

What is Multipool Mining? Multipool mining is the process of moving from one cryptocurrency to the next, mining the most profitable... View Article


What is a Multi-Signature? Multi-Signature is a scheme for implementing an electronic signature that requires authentic keys from a group... View Article


What is MIST? MIST is the most important official wallet for the Etherium system. It must be downloaded from the... View Article


SPV – Simple Payment Verification Simple Payment Verification, the SPV, is a technique described in Satoshi Nakamoto’s work. SPV allows... View Article


What is a Wallet? Simply, a wallet is where you can save or keep your money, for making purchases on... View Article

Vitalik Buterin

Who is Vitalik Buterin Born January 31, 1994, in Kolomna, Russia, Vitalik Buterin is the Canadian-raised programmer, co-founder, former publisher... View Article

Unpermissioned Ledger

What does Unpermissioned Ledger mean? An unpermissioned ledger does not require approval by private or social institutions. This means that an... View Article

Transaction Fee

What is a transaction fee? Transaction fee is the amount of money withheld by a bank, financial institution or service... View Article

Transaction Block

What is a transaction block? The Transaction Block is required for transaction data, which is permanently recorded in file structures... View Article


What is a token of cryptocurrency? A token is a unit of value. Basically, each cryptocurrency has a tradable good,... View Article

The Flippening

What is the Background of The Flippening? In cryptocurrency enthusiast circles, the term the flippening is becoming increasingly important. It... View Article

Solo Mining

What is meant by Solo mining of a cryptocurrency? Solo Mining is one of the central processes when talking about... View Article

Smart Contracts

What are smart contracts? Smart contracts are computer algorithms designed to complete and sustain commercial contracts in blockchain technology. Parties... View Article

SHA 256

What does SHA 256 mean? The abbreviation SHA 256 is a function that forms the core of cryptocurrencies such as... View Article

Satoshi Nakamoto

Satoshi Nakamoto: the inventor of Bitcoin Satoshi Nakamoto is a name in connection with Bitcoins, which are on everyone’s lips... View Article


What is Ripple? Ripple (XRP) is an open-source protocol that provides the foundation for a payment system. The idea came... View Article

Ring Signature

What does Ring signature mean? The Ring Signature is an electronic signature algorithm. It indicates that a message has been signed... View Article

QR Code

What is a QR Code? A Quick Response (QR) code, or short QR Code, is a sort of square, black... View Article


What Does Miner Mean? Miner is an English word that originates from the German word, “Schürfer”, meaning “‘prospector”. Just as... View Article

Sniper Wallet

What is a sniper wallet? A sniper wallet is a digital wallet used to store cryptocurrencies. The special thing about... View Article

Lightning Network

What is a lightning network? A lightning network is a kind of peer-to-peer application built on a blockchain. Its aim... View Article

KYC Procedure

What is the KYC Procedure? The KYC Procedure, short form of Know Your Customer Procedure (often abbreviated to KYC) is... View Article


What are cryptocurrencies? Cryptocurrencies are digital currencies based on a decentralized accounting system. This accounting system is referred to as... View Article


Meaning and Reasons for Cryptography The term cryptography comes from the ancient Greek words kryptos, which means “secret” or “hidden”,... View Article


What is Kraken? The Kraken cryptocurrency stock exchange was opened in 2011 in San Francisco. In addition to a certain... View Article


What happens during a period of inflation? Inflation is the process in which the currency of a country loses value... View Article

Identity Management

What is identity management? Identity management describes the personal handling of one’s own identity. In times when the internet is... View Article

Hash Rate

What is a hash rate? A hash is the output of a hash function, and in the context of Bitcoin,... View Article


The difference between hardware and software Hardware refers to physical electronics such as computers, tablets and smartphones. It is the... View Article


Halving: a sophisticated system Halving is one of the most important programming attributes forged by the inventor of the digital... View Article


What does GPU mean? GPU is the abbreviation of Graphics Processing Unit. It constitutes an important element of cryptocurrency, especially... View Article


Gigahash explained Gigahash is a unit of measurement for computing power used during mining, and describes the performance of the... View Article

Genesis Block

What is ment by Genesis Block? The genesis block is the first block of a blockchain. Modern versions of Bitcoin number... View Article


What is the fork of a blockchain? A fork is an event where the source code of an existing blockchain... View Article

Fiat Money

What is fiat money and how does it differ from goods money? Fiat money is an object that has no... View Article


What is a faucet? Faucet is a reward system in the form of a website or app. The rewards at... View Article


What is Exodus? Exodus is an increasingly popular e-wallet that can usually be installed on all computers running a major... View Article


What is an ECDSA? ECDSA is an abbreviation that stands for “Elliptic Curve Digital Signature Algorithm”. It is an encryption... View Article


What exactly is an e-wallet? E-wallet, also known as cyber wallets, is used to store funds on electronic platforms. Additionally,... View Article


What is e-commerce? E-commerce is understood to be the trade (i.e. purchase and sale) of products and services online. The... View Article

Double Spending

What does Double Spending mean? Double spending or double issues involve the resale of the same assets. We usually talk... View Article


What is meant by the difficulty of a cryptocurrency? The difficulty of a cryptocurrency refers to its current difficulty in... View Article


What is deflation? Deflation refers to the phenomenon whereby more and more goods can be purchased with one unit of... View Article


What does DDoS, the Distributed Denial of Service mean? A Distributed Denial of Service (DDoS) is a type of computer... View Article


What is Dash? In 2014, the cryptocurrency Dash was founded, at which time it was still traded under the name... View Article


 What is a dApp? Decentralized application, or short dApp, is an application that runs on a P2P computer network instead... View Article


What is DAO? The Data Access Object, in short form the DAO, is an object that provides an abstract interface... View Article


 What is a cryptocurrency? Cryptocurrency refers to all the currencies that are ‘mined’ or created online. While conventional money is... View Article


What is CryptoCompare? CryptoCompare is a helpful Internet platform that has made a name for itself since its inception in... View Article

Consensus Point

What businesses is Consensus Point dedicated to? The company Consensus Point is active in the forecasting market. It is often... View Article


What is meant by a confirmation? Confirmation is a term that is frequently used in the digital world. It is... View Article

Cloud Mining

What does Cloud Mining mean? Cloud mining was created when it became apparent that with the increasing difficulty of solving... View Article

Central ledger

The structure of a central ledger A central ledger is the centerpiece of the accounting operations of commercial enterprises. General... View Article


What is meant by the term Blockchain? A blockchain is a public list that represents all transactions of a cryptocurrency... View Article

Block Reward

What is a block reward? A block reward is a reward granted for completing a block as part of the... View Article

Block Height

What is actually meant by Block Height? Any Bitcoin miner who successfully hashed a block header valued below the target... View Article


What is a block? A block is an essential part of a blockchain. It contains some, or in some cases... View Article

Bitcoin ATM

What is a Bitcoin ATM? Bitcoin ATM comes from ATM, wich comes from the English term Automated Teller Machine. In... View Article


What is a bit? One bit (short for “binary digit”) is the smallest unit of measure used to quantify computer... View Article

Bitcoin Whitepaper

What is the Bitcoin Whitepaper? The Bitcoin Whitepaper is a document that laid the foundation for the Bitcoin cryptocurrency. This... View Article

Bitcoin Address

Bitcoin Address : how to send and receive Bitcoins Bitcoin address is an alphanumeric string (i.e. one that comprises letters... View Article


The world currency Bancor Bancor was part of Keynes’ plan for the unity of the international monetary system after the... View Article

Attestation Ledger

The content and design of the attestation ledger An attestation ledger is an account book designed to provide evidence of... View Article


What is an ASIC? ASIC is the acronym of “application-specific integrated circuit”. Basically, this means computer chips or processors that... View Article

Agreement Ledger

What is ment by an Agreement Ledger? The agreement ledger is a business ledger in which certain agreements are defined.... View Article


What does AdvCash mean? The Advanced Cash Payment System (AdvCash) is a combination of a payment platform and an electronic... View Article

Light Node

What is a light node? Light Node downloads all transactions and histories to ensure that all participants follow the crypto-currency... View Article


Legalization in the financial world In the context of the financial world and particularly cryptocurrencies, legalization refers to the approval... View Article


Exchange in the field of cryptocurrencies The term ‘bill of exchange’ usually refers to exchange of money from one currency... View Article

Consortium Blockchain

What is a Consortium Blockchain? A consortium blockchain is a blockchain in which the consensus process is controlled by a preselected... View Article

Chain Linking

What is meant by chain linking? In the context of a blockchain, chain linking means that two blockchains are linked... View Article


The coin in general In general, a Coin is metallic money, usually accepted as legal tender and – at the... View Article

Bitcoin Transaction Fee

Is there really a Bitcoin Transaction Fee? The Bitcoin Transaction fee does exist. Bitcoin is the world’s best-known cryptocurrency. Due... View Article

51% Attack

What does the term 51% Attack mean? The 51% attack refers to the attack on a blockchain – usually the... View Article

Consensus Process

What does the Consensus Process mean? The Consensus Process ist a term in use with the Blockchain.Basically, cryptocurrencies renounce a... View Article


What does Altcoin mean? The term “altcoin” is comprised of “alt” and “coin”, both words originating from the English words... View Article

Bitcoin Client

What you should know about Bitcoin Client Basically, the Bitcoin client is the software behing the well-known cryptocurreny. Bitcoin is... View Article

Dynamic Mining

What does the term Dynamic Mining mean? Dynamic mining is a special type of mining. Dynamic miners don’t just focus... View Article


What is a Ledger exactly? A ledger is a traditional account book in the English-speaking economic area. In this book,... View Article


What does Mining mean? Mining is the process by which transactions of a cryptographic currency are confirmed. In addition to... View Article

Bitcoin Exchange

What is Bitcoin Exchange? Cryptocurrency, or more precisely Bitcoin, is traded on a Bitcoin exchange. It’s a venue that brings... View Article