Bitcoin |
A decentralized digital currency, without a central bank or single administrator. |
Privacy |
The state of being free from public attention, or the right to keep one's personal matters secrete |
Anonymity |
The quality or state of being anonymous, i.e. not identified by name or unknown |
Blockchain |
A growing list of records, called blocks, that are linked using cryptography. |
Obfuscation |
The act of put something in obscurity, making it unclear and hard to understand. |
Decentralization |
The process of distributing or dispersing functions, powers, etc., away from a central location or authority. |
Encryption |
The conversion of data into a form, called a ciphertext, that cannot be easily understood by unauthorized people. |
Fungibility |
The property of a good or a commodity whose individual units are interchangeable. |
Integrity |
The quality of being honest and having strong moral principles. |
Ledger |
A book, a file, or other record of financial accounts or transactions. |
Mixing |
A technique used to combine different amounts of Bitcoin from multiple sources for increased privacy. |
Multisignature |
A type of digital signature that allows multiple users to sign a single document. |
P2P |
Short for peer-to-peer, a type of decentralized and distributed network architecture. |
Payment |
The action or process of paying someone or something, or the receiving of money as compensation |
Signature |
A symbol or group of symbols, that is used to represent or identify a person's name or to authenticate any written or electronic document. |
Transaction |
An exchange or interaction between people or parties, often involving the transfer of money. |
Trustless |
Not requiring one party to have faith in, or trust, another party to complete a transaction. |
UTXO |
Short for unspent transaction output, a unit of Bitcoin value that can be spent as an input in a new transaction. |
Wallet |
A digital or physical container for storing, managing, and safeguarding cryptocurrency assets. |
Zero-knowledge Proof |
A cryptographic method that allows one party, the prover, to prove that they know a specific value or fact, without revealing it to the other party, the verifier. |