Reference

Crypto Glossary

Plain-language definitions for 57 crypto and blockchain terms. No padding, no jargon explaining jargon.

Blockchain & Infrastructure — 17 terms
Address

A unique alphanumeric identifier used to send and receive cryptocurrency.

Blockchain & Infrastructure
Bridge

Infrastructure that transfers assets or data between two separate blockchains.

Blockchain & Infrastructure
Consensus Mechanism

The protocol by which distributed blockchain nodes agree on the valid state of the ledger.

Blockchain & Infrastructure
Cross-Chain

Describes interactions, transactions, or protocols that operate across multiple blockchains.

Blockchain & Infrastructure
EIP-1559

The Ethereum upgrade that introduced a base fee burned with every transaction, making ETH partially deflationary.

Blockchain & Infrastructure
Gas

The unit of computation cost for executing operations on Ethereum and EVM-compatible blockchains.

Blockchain & Infrastructure
Hard Fork

A backward-incompatible blockchain upgrade that permanently splits the chain if nodes don't upgrade.

Blockchain & Infrastructure
Layer 2 L2

A scaling network built on top of a base blockchain that inherits its security while offering faster, cheaper transactions.

Blockchain & Infrastructure
Mempool

The waiting room for unconfirmed transactions before they are included in a block.

Blockchain & Infrastructure
Oracle

An external data feed that brings off-chain information — prices, events, random numbers — onto the blockchain.

Blockchain & Infrastructure
Proof of Stake PoS

A consensus mechanism where validators lock up (stake) tokens as collateral to propose and attest to blocks.

Blockchain & Infrastructure
Proof of Work PoW

A consensus mechanism requiring miners to expend computational energy solving cryptographic puzzles to produce blocks.

Blockchain & Infrastructure
Rollup

A Layer 2 scaling technique that executes transactions off-chain and posts compressed proofs to a base chain.

Blockchain & Infrastructure
Smart Contract

Self-executing code deployed on a blockchain that automatically enforces predefined conditions without intermediaries.

Blockchain & Infrastructure
Validator

A node that participates in a Proof of Stake consensus by staking collateral to propose and attest to blocks.

Blockchain & Infrastructure
Wallet

Software or hardware that stores private keys and signs blockchain transactions on behalf of the user.

Blockchain & Infrastructure
Zero-Knowledge Proof ZKP

A cryptographic method allowing one party to prove knowledge of a secret without revealing the secret itself.

Blockchain & Infrastructure