Crypto Glossary

Plain-English definitions of the cryptocurrency, blockchain and trading terms you will meet as you learn.

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C

CeDeFi

Hybrid of centralized and decentralized finance

Cloud Mining

Cryptocurrency mining is done with computing power rented through companies.

Cold Storage

It is the offline storage of cryptocurrencies via non-custodial hardware wallets, USBs, offline computers or paper wallets.

Cold Wallet

Offline cryptocurrency storage

Cold Wallet

A cryptocurrency wallet that works without connecting to the internet and offers cold storage.

Composable DeFi

Composable DeFi refers to interoperability between different DeFi protocols.

Composable Token

In the combinable token model defined by the ERC-998 standard, NFT assets gain the ability to own other NFT assets (ERC-721) and fungible tokens (ERC-20).

Consensus

Agreement among network participants

Consensus

Consensus is established when network participants agree on the order and content of blocks on the blockchain.

Core Wallet

The core crypto wallet can contain all blockchain data, not just a part of the blockchain network.

CPU Miner

Since mining requires computing power, the process of creating or mining cryptocurrency using a central processing unit (CPU) is called "CPU mining" or central processing unit mining.

Cryptojacking

Using a computer to mine cryptocurrency without the user's consent.

Custodian

The Custodian or custodian is responsible for the safe custody of assets belonging to the organization or individuals.

Cypherpunk

The Cypherpunk movement promotes the use of cryptography and other privacy-oriented technologies to advance socially and politically.

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Crypto Glossary | EX5 Academy