Terms and Definitions

This is the process of verifying and confirming a user's identity to grant them access to specific features or data within the application. Typically, authorization is done using identification factors such as a password, PIN code, fingerprint, face, or other biometric data.

Digital data storage and transmission technology are used to create distributed databases.

A tool used to track transactions on the blockchain.

This is a service that owns the private key of the wallet and stores the owner's assets. More:Custodial wallet

The Android emulator allows you to create virtual Android devices on your PC. In other words, you can run applications from the Google Play Store on Windows or macOS. You can install, use, or uninstall Android apps just like you do on mobile physical devices and tablets.

It is a special phrase or sequence of words that helps a user regain access to their wallet or account in the blockchain network. It is created to memorize and securely store the private key used for executing transactions or accessing digital assets. The mnemonic phrase typically consists of several words that are easy to remember, and their order is crucial to ensure the security of account access. This is a convenient and secure way to preserve and recover access to digital assets in the blockchain.

This is a technology for signing transactions with multiple private keys to enhance the level of security and confidentiality in the process of approving transaction submissions. Thanks to multi-signature, an additional level of confirmation and security is provided for each transaction. More details:Multisig

A key or password that unlocks access to the cryptocurrency wallet.

A cryptographic key is used for encrypting and signing data.

A digital asset is used to represent a specific asset or participation in a specific economic system.

A record on the blockchain representing the transfer of cryptocurrencies or other digital assets.

The payment is made for processing a transaction on the blockchain.

A list of all executed or scheduled transactions in the wallet.

The person who has the authority to sign and authorize transactions on a multi-signature wallet. They are participants who must agree to and sign a transaction before it is executed and added to the blockchain. Typically, multi-signature wallets require confirmation from a specific number of signatories to ensure security and prevent unauthorized operations. For instance, if a wallet has a requirement of three signatories, a transaction would need to be signed by each of the three participants to be carried out.

A set of addresses for storing cryptocurrencies with their corresponding set of keys (one address - one key).

A unique identifier is used for sending and receiving cryptocurrencies.

The process of adding other wallets to the application.