====== Terms and Definitions ====== ---- ==== Blockchain ==== A distributed ledger with no central authority. Once information is recorded on it, it is practically impossible to alter. ==== 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. ==== Identification ==== A cryptographic procedure to recognize a user in the system. ==== Multisignature Wallet ==== A type of wallet that requires multiple signatures to execute a transaction. ==== Private (Secret) Key ==== A string of characters kept secret by its owner, used to access an account (wallet) on the network and sign transactions. ==== 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. ==== Signatory ==== A participant in a multisignature transaction who needs to sign the transaction for its execution. ==== Transaction ==== A record on the blockchain representing the transfer of cryptocurrencies or other digital assets. ==== Transaction Fee ==== A payment made for processing a transaction on the blockchain. ==== Transaction List ==== A list of all completed or scheduled transactions in a wallet. ==== Wallet ==== A set of addresses for storing cryptocurrencies, each with its corresponding set of keys (one address - one key). ==== Wallet Address ==== A unique identifier of a wallet used for sending and receiving cryptocurrencies.