Decryptionary

The Simplest Bitcoin & Blockchain Dictionary

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What's cryptocurrency?

Crypto- is short for “cryptography”, a computer technology used for securing and hiding information among other things. Currency means “money currently in use”.

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What's bitcoin?

Bitcoin is the first digital cash created in 2009. It was made by an unknown person or group who went by the name, Satoshi Nakamoto.

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What's blockchain?

Blockchain is technology for creating permanent, secure digital recordings that don’t rely on any single person or group. Blockchains can record any information, though the first example was created to record bitcoin transactions.

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Latest News Browse All News

How NFT Cypherpunks Help Holders Get Richer

Non-fungible tokens have become one of the most popular investment assets. Collectors and gamers massively bought up NFTs in the hope of reselling them at a higher price or using […]

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EverGrow Coin And HUH Token – Wealth Generating Tokens With High Demand

EverGrow Coin (EGC) and HUH Token continue to release information regarding their projects and future plans. This has resulted in an increase in attention for both cryptocurrencies. EverGrow Coin has […]

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JEDSTAR‘s Gaming Project Is Set To Roll With KRED

JEDSTAR is pleased to update the community regarding its Gaming Project, as it is set to use their GameFi Token, Kred. As metaverse is the next evolution of both human […]

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Frequently Asked Questions Browse Full FAQ

What is a Hardware Wallet?
A hardware wallet is a specially designed device to lock away access to your cryptocurrency. The device is extra secure because it is disconnected from the Internet and other computers and is virtually virus-proof.
What is a Blockchain?
Blockchain is defined as a digital recording, used to prove that a group of people came to an agreement about something. Blockchain records are permanent and very secure, preventing manipulation. The first example of blockchain technology are the initial records of Bitcoin transactions.
What is Mining?
Minting is defined as the computer process of validating information, creating a new block and recording that information into the blockchain.