Non-Custodial Wallets
A non-custodial wallet is a crypto wallet that gives the user the right to self-custody i.e., the user controls the private keys.
Category Beginners
Bridging (Blockchain Transaction)
Bridging is an activity where cryptocurrencies are transferred from one blockchain to another. This transfer takes place mostly in two methods: lock and mint, or burn and mint.
Do Your Own Research (DYOR)
Do Your Own Research or DYOR is a concept where readers are encouraged to research things on their own to make better decisions.
ERC-20
ERC 20 is the general token standard on the Ethereum blockchain using which crypto projects can create their own tokens on the Ethereum. ERC stands for Ethereum Resource for Comments.
All-Time High (ATH)
All-time high refers to the highest price level that a cryptocurrency has achieved till date.
Seed Phrases
Seed phrases are the sets of keywords that are required to restore your wallet access when you change your device or forget your password.
Private Key
A private key is a string of numbers, letters, or a combination of both used to operate your blockchain address. They are similar to bank account passwords.
Public Key
In crypto, the Public Key refers to the long string of letters, numbers, and most times alphanumeric that is used to send crypto to a blockchain address.
Wallet (Crypto)
A wallet is software, whether independent or embedded in hardware, that keeps the private keys secure so that no one can steal the crypto in your blockchain addresses.
Decentralized Applications (dApps)
Decentralized Applications, or dApps, are those applications used for specific tasks and run on decentralized networks such as Ethereum, Solana, and Cardano.
Bitcoin (BTC)
Bitcoin is the first digital currency created by a mysterious cryptographer Satoshi Nakamoto.
Bitcoin Mining
Bitcoin mining is the process of verifying Bitcoin transactions for a reward.