Bitcoin

The decentralized network that operates the first viable, purely digital currencyBitcoin is the world's first decentralized blockchain network that facilitates the use of the first viable cryptocurrency, which trades under the ticker BTC. It was launched in early 2009 by an anonymous developer or group calling themselves Satoshi Nakamoto. Nakamoto first described their system in a wh

Distributed ledger technology (DLT)

A type of database shared among scattered network participants that lacks a central point of failure Distributed ledgers can represent an improvement over traditional databases that typically store all data on a single server. In a centralized system, those referencing the data must trust the central authority to update their records accurately and protect the database from compromise. Distri

Ethereum

A public blockchain network that supports the deployment of smart contracts to create decentralized applicationsEthereum is one of the most widely used blockchain networks thanks to its pioneering support of smart contracts, which combine to create decentralized applications. The network's native asset is called Ether but is often referred to by the ticker symbol ETH. Russian Canadia

Governance token

A cryptocurrency used by a protocol's community to vote on the direction of future development. As a cryptocurrency used by a protocol's community to vote on the direction of future development, governance tokens play a central role in decentralized autonomous organizations. DAOs enable innovative new forms of human organization without reliance on a central company or foundation to make deci

Liquidity

The amount of a currency or asset available to buy or sell in a marketLiquidity refers to how easy it is to buy or sell an asset in a market. A market with high liquidity has many active buyers and sellers, whereas an illiquid market has far fewer. Orders are quickly filled when buying or selling in a highly liquid market and there's less risk of the price slipping when trading with

Open interest

The number or value of unsettled — or open — positions in a derivatives market Open interest, or OI, is a metric in derivatives markets that indicates the number or value of unsettled — or open — positions at any given time. When a futures or options position is created, a buyer and seller enter into a contract to buy or sell the underlying asset at the agreed price on the date specified or b