36 terms. Search, filter by category, and expand for definitions and examples.
36 terms
A shared, append-only ledger of records replicated across many computers, secured by cryptography.
A programmable digital record on a blockchain that can represent an asset, right, or credential.
The process of representing rights to an asset as digital tokens on a blockchain.
Self-executing program on a blockchain that enforces rules when predefined conditions are met.
Software that stores the cryptographic keys used to control tokens and sign transactions.
A secret cryptographic code that proves ownership and authorizes transactions. Never share it.
A list of words that can regenerate a wallet's keys. Keep it offline and never enter it on untrusted sites.
Know Your Customer — identity verification processes required by regulation for many financial activities.
Anti-Money Laundering — rules and monitoring to detect and prevent illicit financial activity.
Secure safekeeping of assets or keys by a qualified custodian, often regulated.
Holding where specific, identifiable physical assets are segregated and owned by you, not the custodian.
Dividing ownership of an asset into smaller portions that multiple parties can hold.
How easily an asset can be bought or sold without significantly affecting its price.
Non-Fungible Token — a unique, non-interchangeable token representing a specific item or certificate.
Interchangeable — each unit is identical to another, like currency. Tokens representing shares are often fungible.
A record of all transactions. A blockchain is a distributed ledger shared across participants.
The mechanism by which participants on a network agree on the valid state of the ledger.
A fee paid to process a transaction on certain networks, compensating validators for computation.
A service that supplies external data to smart contracts so they can react to real-world events.
Decentralized Autonomous Organization — an entity governed by rules encoded in smart contracts and token voting.
The rules and processes for making decisions about a protocol or tokenized asset.
A list of addresses permitted to hold or transfer a token, used for compliance control.
A record of who owns what portion of an asset or company. Tokenization automates cap-table management.
The documented history of an asset's origin and chain of ownership.
A tamper-evident record of actions and changes, useful for compliance and accountability.
A control requiring multiple approved parties to authorize a transaction.
The production network of a blockchain where tokens have real value, as opposed to a test network.
A parallel network for testing that uses valueless tokens, safe for experimentation.
Software that connects two networks to transfer tokens or data between them.
A token designed to hold a stable value, typically pegged to a currency or asset.
The difference between expected and executed price when trading, larger in low-liquidity markets.
Returns generated by an asset or protocol. Yield is never guaranteed and carries risk.
Adherence to laws and rules governing financial instruments, transfers, and investor protection.
Keeping keys offline, disconnected from the internet, to protect against remote theft.
A fixed-size fingerprint of data. Hashes let you verify data hasn't changed.
Scrambling data so only authorized parties can read it, central to blockchain security.