Glossary
Glossary
Plain-English crypto definitions with limitations and related concepts.
Wallet
Software or hardware that manages keys, addresses and signing interactions. A wallet usually does not literally store coins.
Private key
A secret cryptographic value used to authorize actions associated with a public key or address.
Transaction
A signed instruction submitted to a network to change or record state. Fees and finality vary by network.
Web3
A broad term for applications and services using blockchain networks, tokens or decentralized protocols. It has no single universal definition.