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21

Symbolic number, as there can only ever be 21 million Bitcoin in existence. It is not known why Satoshi Nakamoto chose this exact number.

21 Million

The maximum number of bitcoins that there will ever be. The number has been hard-set into the protocol and cannot be changed, ensuring that Bitcoin is a deflationary currency.

51% Attack

An attack on a network of certain cryptocurrency which allows the attacker to create fraudulent transactions, also known as “double spend” transactions. This is possible by means of controlling more…

Address

In cryptocurrency terms an address is a unique identifier used for sending, receiving and storing cryptocurrencies in a wallet. The address is generated via the private key, and that private…

Airdrops

An airdrop is a method for distributing cryptocurrencies to users for free. This can happen in several ways. In some cases an airdrop is made simply because a user holds…

Altcoin

An Altcoin is a name given to all the other cryptocurrencies that are based on the Bitcoin protocol. They are attempts to improve (or scam) upon Bitcoin by tweaking parameters…

Alternative Currency

Alternative currencies are those other than the traditional fiat currencies issued by the world’s governments and central banks. The most common type of alternative currency in the early 21st century…

AML

Anti-Money Laundering laws are a series of regulations designed to prevent money being converted from criminal activity to what appear to be legitimate assets. Anti-money laundering laws actually cover a…

Anonymous

To be anonymous is to be completely unknown. An individual who is anonymous has their identity fully hidden from discovery. Anonymous is also a group that first appeared on the…

Arbitrage

Taking advantage of a difference in price of the same commodity on two different exchanges. An arbitrage situation occurs when the same asset is listed with a different price on…

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