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A unit of a cryptocurrency. Some, like Bitcoin, have finite supplies, with fewer coins released into circulation each year.
A string of randomly generated characters that acts as your identity-obscuring pseudonym in a transaction.
Another string of characters, required to access the coins linked to any given address. Easily mistaken for your grandma's Wi-fi password.
A computer that's part of a network of machines working to validate ongoing cryptocurrency transactions and keep the system secure. Miners are rewarded for their work with a small amount of new coins.
A public database — or “digital ledger” — of all verified transactions made with a cryptocurrency. Generated as a joint effort by all miners, it logs data without granting control of that data to any one third party.
“‘Her voice is full of money,' he said suddenly.” — F. Scott Fitzgerald, The Great Gatsby