BLOCKCHAIN

Vocabulary and Definitions
Vocabulary and definitions
Altcoin
Antifragility
API
Asymmetric Encryption
Bitcoin
Blockchain
Content Management
System (CMS)
Cryptocurrency
Cryptography
Cypherpunk
DAO
Distributed
Forking
Hash
Hashrate
Mining
All modified or unmodified clones of the Bitcoin concept.
A property of systems that gain in strength, resilience, and robustness in
response to attacks, shock, stress, and failures.
Application Programming Interface. A set of functions, tools, and other
means to interact with or build solutions within a system.
Public-key cryptography. Cryptographic algorithms where pairs of encryption
keys are used, usually one public and one private. A public key can
be used both to authenticate signatures made with the corresponding
private key and to encrypt data, which is only possible to decrypt using
the private key.
Bitcoin, with an uppercase B, is the name of a cryptocurrency, a payment
network, a protocol, and its open source community. Units of the currency
are referred to as bitcoin, with a lowercase b.
A blockchain is essentially a database, where information is chronologically
stored in a continuously growing chain of data blocks, implemented
in a decentralized network in a way that creates data integrity, trust,
and security for the nodes, without the need for central authorities or
intermediators.
A system that provides a higher abstraction layer when generating digital
content, for instance, by jointly collecting multiple languages, protocols,
and image-handling techniques into a common user interface.
Internal virtual currency of a blockchain. Bitcoin and Altcoins.
Etymologically, "hidden information" from Greek kryptos "hidden" and
graphia "description of." Techniques and algorithms for securely encoding
information to prevent adversaries from getting access to it.
An active movement of activists advocating the use of cryptography and
privacy-enhancing technologies to defend personal privacy and the idea
of an open society in the digital world. Not to be confused with Cyberpunk,
which is a science fiction subgenre.
Decentralized autonomous organization. An organization being run completely
algorithmically, using smart contracts distributed on a blockchain.
Code executing in parallel and spread out in multiple locations. Not running
on one single computer, node, or place.
In software development, a fork is when a copy of the source code is
made to start a separate independent path of development. It is also
used to refer to the branching of a blockchain into two or more chains.
A hash function is an algorithm that can map data of arbitrary size to data
of fixed size, called the hash. Cryptographic hash functions are used for
checksums and fingerprints of files by mapping them to an easily verifiable
fixed-size string of bits.
Processing power in terms of hashes computed per second.
In Bitcoin, the process of verifying and adding transactions to the evergrowing
distributed ledger. Miners lend processing capacity to the Bitcoin
network for producing proof-of-work and get paid in bitcoins through
block awards and transaction fees.
ENTREPRENÖRSKAPSFORUM 7