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

Node

Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain

Nonce

Abbreviation for ‘number only used once’ It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.

Non-custodial

It is a decentralized type-of-wallet, where the users owns its private keys.

Non-Fungible Tokens (NFT)

They are collectible elements within the Ethereum blockchain under ERC-721, where each token refers to a single element with a certain value