Lingo topic · 31 terms
Wallets and security
Keys, wallets, scams and keeping your coins yours.
A
- AnonymityActing with no link at all to your real identity. Most crypto is not truly anonymous, only pseudonymous.
- Asymmetric EncryptionCryptography that uses a matched pair of keys: a public one anyone can see and a private one only the owner holds.
- AuthenticationProving you are who you say you are before an account or wallet lets you in.
B
- Biometric SecurityUnlocking an account or device with part of your body, such as a fingerprint or your face.
- Blockchain ExplorerA website that lets anyone search a blockchain and look up any transaction, address or block.
- Brain WalletA wallet whose key is generated from a phrase you memorise, which is risky because people choose guessable phrases.
- Bricked FundsCrypto that still exists on the blockchain but can never be moved again, usually because of a mistake or a bug.
C
- Cold WalletA wallet whose keys are kept offline, away from the internet and the hackers on it.
- CryptographyThe science of protecting information with maths, so only the right people can read it or prove it came from them.
- Custodial WalletA wallet where a company, usually an exchange, holds the private keys and so controls the coins for you.
D
E
H
K
L
M
N
P
- Paper WalletA wallet printed on paper: a public address and its private key, usually as QR codes, kept entirely offline.
- PlaintextReadable, unencrypted information, before it is scrambled or after it is unscrambled.
- Private KeyThe secret code that proves you own your crypto and lets you spend it. Whoever has it controls the coins.
- PseudonymityActing under a consistent alias instead of your real name, which is how most crypto works: addresses, not names.
- Public KeyThe shareable half of a crypto key pair, used to create your receiving address and to verify your signatures.
Q
S
T
W
- WalletAn app or device that holds the keys to your crypto and lets you send, receive and check your coins.
- Wallet AddressA string of letters and numbers that others use to send you crypto, like an account number you can share safely.
- WhitelistA list of approved addresses or people allowed to do something, like join an early token sale or receive withdrawals.
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