.

Because I see a lot of new altcoin enthusiasts joining the crypto world, I made a simple glossary with crypto jargon. Do you miss anything? Don’t hesitate to add it as a comment (I will edit the post). Address –  A bitcoin address is essentially the same thing as your home address. It’s the location from which you would receive, send or hold your currency. These addresses generally manifest in a long string of alphanumeric characters and will look something like: 1MhN5qfH1vgx9CLL17i3DK9D2gzrHR7dZF A wallet address is the public portion of the two encrypted keys necessary for a holder to accept or verify a transaction. Altcoin , the abbreviation for alternative coin, or alternate coin, or all blockchain projects and related currency that exist in addition to Bitcoin. ASIC  – Application Specific Integrated Circuit (ASIC) An Application Specific Integrated Circuit (ASIC) is a computer chip created to perform one specific function, and only that function. Since mining ...