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LEO$8.99+0.26%From your first block to the finer details. Explore the ideas, people, and systems behind the market—one useful explanation at a time.
Follow a transaction from a key to a shared ledger.
Begin with BlockchainExplore contracts, liquidity, borrowing and the risks between them.
Begin with Smart contractUnderstand what a price, valuation or sentiment indicator can tell you.
Begin with Market capitalizationLearn custody, permissions and how to assess what you sign.
Begin with Hardware walletConnect the original ideas to the incidents that changed the industry.
Begin with A Cypherpunk's ManifestoSeparate technical standards, issuer claims and legal frameworks.
Begin with Howey testA word-based wallet recovery backup, often using BIP-39; successful restoration can also require a passphrase, derivation paths, and the correct wallet format.
Control of the keys or authorization policy needed to use an on-chain account, with responsibility for protecting and recovering that authority.
A 256-bit hash function from the SHA-2 family. Bitcoin uses it for proof of work and address hashing.
Code deployed on a blockchain that executes deterministically when called.
A tighter rule set that old nodes still see as valid, so the network can upgrade without a clean split.
Creating many fake identities to outvote honest peers. Proof of work and stake make this expensive.
Making it expensive to fake many users, via stake, identity, or proof of personhood.
Definitions offer a starting point. Detailed readings include the sources behind the explanation.