The words behind the web3 world.

Short, plain-English definitions for the terms you will see across CoinEdu. This is a learning aid, not a substitute for independent research.

B

Blockchain

A shared, append-only record maintained by a network of computers.

C

Consensus

The process a network uses to agree on which transactions are valid.

C

Cryptocurrency

A digital asset that uses cryptography and a network protocol to record ownership or transfer.

D

Digital asset

A digitally represented item of value or ownership.

G

Gas fee

A network fee paid to process an action on some blockchain networks.

P

Private key

Secret information used to authorize control of a wallet. Never share it.

P

Public key

Information that can help identify or receive to a wallet without revealing the private key.

V

Volatility

The speed and scale at which the price of an asset changes.

W

Wallet

Software or hardware that helps you manage keys and interact with a network.

S

Smart contract

Code deployed on a blockchain that can execute rules when conditions are met.