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- | ====== Terms and Definitions ====== | ||
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- | ==== Blockchain ==== | ||
- | A distributed ledger with no central authority. Once information is recorded on it, it is practically impossible to alter. | ||
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- | ==== Digital Signature ==== | ||
- | A combination of public (known to all network participants) and private (known only to the transaction creator) cryptographic keys used to verify transaction authenticity and sender identification. | ||
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- | ==== Identification ==== | ||
- | A cryptographic procedure to recognize a user in the system. | ||
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- | ==== Multisignature Wallet ==== | ||
- | A type of wallet that requires multiple signatures to execute a transaction. | ||
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- | ==== Private (Secret) Key ==== | ||
- | A string of characters kept secret by its owner, used to access an account (wallet) on the network and sign transactions. | ||
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- | ==== Public Key ==== | ||
- | A string of characters that can verify the authenticity of a signature made by the private key; the public key is uniquely derived from the private key, but it does not allow obtaining the private key. | ||
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- | ==== Signatory ==== | ||
- | A participant in a multisignature transaction who needs to sign the transaction for its execution. | ||
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- | ==== Transaction ==== | ||
- | A record on the blockchain representing the transfer of cryptocurrencies or other digital assets. | ||
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- | ==== Transaction Fee ==== | ||
- | A payment made for processing a transaction on the blockchain. | ||
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- | ==== Transaction List ==== | ||
- | A list of all completed or scheduled transactions in a wallet. | ||
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- | ==== Wallet ==== | ||
- | A set of addresses for storing cryptocurrencies, | ||
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- | ==== Wallet Address ==== | ||
- | A unique identifier of a wallet used for sending and receiving cryptocurrencies. |