Cryptocurrency Glossary Of Terms & Acronyms

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

cc0 NFT

A cc0 NFT is a piece of digital content where the IP rights have been relinquished.

Central Bank Digital Currency (CBDC)

It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.

Centralized

An organization structure wherein a small handful of actors have control over the entire network.

Central Ledger

Central data repository of a company or bank

Circulating Supply

An approximation of the number of coins or tokens that are currently not locked and available for public transactions.

Cloud Mining

Mining on blockchains through rented processing power rented from companies that host the physical equipment.

Cold Storage

Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)

Cold Wallet

Wallets that are offline and require physical access to certain devices (eg. hardware wallet, paper wallets)

Collateralized Debt Obligation (CDO)

A collateralized debt obligation (CDO) is a form of derivative in which the value is generated from another underlying asset, and is sold to institutional investors.

Composability

Composability refers to the ability to combine different components of a software stack.

Consensus

Consensus is achieved in a blockchain system when all participants agree on the content of the next block that will be added onto the blockchain.

Crowdsale

This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.

Crypto Bubble

It is a speculation in the cryptocurrencies and the price of cryptocurrencies would go extremely high before the bubble bursts.

Cryptocurrency

A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting

Cryptocurrency Act of 2020

The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets.

Cryptography

A discipline or field of study which practices using cryptography to convert human-readable information that can only be deciphered by individuals who have the knowledge to.

Custody

Protective care or guardianship of an asset.