Glossary

Allbirds: Shoes. https://www.allbirds.co.nz

Alt-coins: Altcoins are the other cryptocurrencies launched after the success of Bitcoin. The term "altcoins" refers to all cryptocurrencies other than Bitcoin. As of early 2020, there were more than 5,000 cryptocurrencies by some estimates. www.investopedia.com/terms

AML or Anti-Money Laundering: Anti-money laundering (AML) refers to the laws, regulations and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. www.investopedia.com/terms

Bitcoin: a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank. www./languages.oup.com/google-dictionary-en

Bitcoin Halving: A Bitcoin halving event is when the reward for mining Bitcoin transactions is cut in half. This event also cuts in half Bitcoin's inflation rate and the rate at which new Bitcoins enter circulation. www.investopedia.com/bitcoin-halving

Blockchain: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. www.ibm.com/au-en/blockchain

Catheter Study: Cardiac catheterization is a procedure used to diagnose and treat certain cardiovascular conditions. During cardiac catheterization, a long thin tube called a catheter is inserted in an artery or vein in your groin, neck or arm and threaded through your blood vessels to your heart. www.mayoclinic.org/tests-procedures/cardiac-catheterization/about

Cold Wallet: A cold wallet is a wallet which is completely offline and used for storing cryptocurrencies. www.cryptoticker.io

Crema: a layer of creamy tan froth that forms on the top of freshly made espresso www.merriam-webster.com/dictionary/crema

Cryptocurrency: a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority. www.investopedia.com/terms/

Decentralised Ledger: A distributed ledger is a database that is synchronized and accessible across different sites and geographies by multiple participants. ... A distributed ledger can be described as a ledger of any transactions or contracts maintained in decentralized form across different locations and people. www.investopedia.com

Fiat: Fiat money is a government-issued currency that isn't backed by a commodity such as gold. Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, are fiat currencies.

www.investopedia.com

Halving/ Halvening: see above.

Hardware Wallet: A hardware wallet is a special type of bitcoin wallet which stores the user's private keys in a secure hardware device. www.en.bitcoin.it/wiki/Hardware_wallet

Hot Wallet: A hot wallet is a tool that allows a cryptocurrency owner to receive and send tokens. Unlike traditional currencies, there are no dedicated banks or physical wallets that can be used to keep cryptocurrency holdings secure. www.investopedia.com

Private Key: A private key in the context of Bitcoin is a secret number that allows bitcoins to be spent. Every Bitcoin wallet contains one or more private keys, which are saved in the wallet file. ... Because the private key is the "ticket" that allows someone to spend bitcoins, it is important that these are kept secret and safe.

Public Key:  A bitcoin public key is another large number but allows bitcoin to be locked and received. It's called a public key because it is meant to be shared publicly and enables you to receive funds.

Miner: Mining involves Blockchain miners who add bitcoin transaction data to Bitcoin's global public ledger of past transactions. In the ledgers, blocks are secured by Blockchain miners and are connected to each other forming a chain. ... In the same manner, a lot of computing power is consumed in the process of mining bitcoins. www.intellipaat.com/blog/tutorial/blockchain-tutorial

Mining: Bitcoin mining is the process of creating new bitcoin by solving a computational puzzle. Bitcoin mining is necessary to maintain the ledger of transactions upon which bitcoin is based. Miners have become very sophisticated over the last several years using complex machinery to speed up mining operations. www.investopedia.com

Mining Rig. Rig: A mining rig is a computer system used for mining bitcoins. The rig might be a dedicated miner where it was procured, built and operated specifically for mining or it could otherwise be a computer that fills other needs, such as performing as a gaming system, and is used to mine only on a part-time basis. www.en.bitcoin.it/wiki/Mining_rig

Node: A server or storage device which stores the entire Blockchain and runs a Bitcoin client software that peruses all transaction data and the Blockchain to check if they conform to Bitcoin protocol. www.blog.unocoin.com/bitcoin-miners-vs-bitcoin-nodes

Satoshi Nakamoto : the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. In the process, Nakamoto was the first to solve the double-spending problem for digital currency using a peer-to-peer network. Nakamoto was active in the development of bitcoin up until December 2010. Many people have claimed, or have been claimed, to be Satoshi Nakamoto. www.wikipedia.org/wiki/Satoshi_Nakamoto

Satoshi or Sats: “Sats” is short for Satoshis, the smallest unit of Bitcoin (BTC). One Satoshi (sat) is equal to 0.00000001 BTC (one hundred millionth of a Bitcoin). In other words, there are 100,000,000 satoshis in a Bitcoin. www.cryptocurrencyfacts.com/what-are-sats

Whale: A bitcoin whale is a term that refers to individuals or entities that hold large amounts of bitcoin , according to Investopedia. There are around 1,000 individuals who own 40% of the market.