Crypto Glossary

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

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Daedalus Wallet

Daedalus Wallet is a multi-platform, open-source, hierarchical and deterministic wallet that can generate an infinite number of keys from a single seed expression.

DAO (Decentralized Autonomous Organization)

Community-governed organization without centralized control

Darknode

RenVM is run by a decentralized network of computers called "darknodes". They offer their computing power and storage to anyone who meets certain conditions and provides appropriate compensation.

Decentralized Exchange (DEX)

Peer-to-peer platform that allows users to buy and sell cryptocurrencies without the need for an intermediary.

DeFi (Decentralized Finance)

Ecosystem of decentralized financial applications

DeFi Aggregator

The DeFi Aggregator, or DeFi aggregator, lists transactions from various DeFi platforms in one spot.

DEX (Decentralized Exchange)

Exchange without intermediaries

Digital Money

They are assets of value that exist only in digital form, unlike traditional physical coins.

Distributed Ledger System

They are ledgers where data is stored on a network of decentralized nodes. A decentralized ledger does not necessarily contain cryptocurrency.

Distributed Ledger Technology (DLT)

A ledger that is accessed by multiple participants and stored in multiple locations. The basis of blockchain technology.

DYOR (Do Your Own Research)

Common warning to conduct individual research

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Crypto Glossary | EX5 Academy