Wallet/Digital Wallet/Wallet as a Service
In blockchain, a Wallet/Digital Wallet/Wallet as a Service is an API that allows users to store and manage their cryptocurrency coins. Transactions can be made to and from the Wallet. Authorization is done depending on the type of Wallet and method of signing used - e.g. Multi-Sig, MPC, etc.
The necessity of a particular node to rely on the other nodes when defining the current state of the system. It is a prerequisite on PoS.
A method/tool which provides applications with on-time information as it happens, i.e. immediately.
The smallest denomination of Ether, the digital coin on the Ethereum blockchain.
A measurement used to compare the size of different Bitcoin transactions to each other in proportion to the consensus-enforced maximum block size limit.
Stands for Wrapped Ether - allows users to trade Ether to ERC-20 tokens.
Entities that own a high number of digital currencies.
In blockchain the term white paper refers to an informational document written with the purpose to persuade people to support a service, idea or product. White papers explain the purpose and technology of blockchain.
A process through which a customer can approve and create a list with permitted and trusted applications, users, devices, addresses, etc.
Represents the transaction signatures in SegWit.
The script that defines the requirements of the P2WSH output. Being located in the Witness field, this makes P2WSH inputs cheaper than P2SH inputs. Not to be confused with Script Witness.
Is comprised of all Script Witnesses.
ERC-20 token – Shows Ether at 1:1 ratio and enables users to trade it with ETH.