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Glossary

Altcoins
Any token or cryptocurrency that operates on a blockchain network or decentralized application that is not Bitcoin.


Bitcoin
Bitcoin is a new kind of money that can be sent from one person to another without the need for a trusted third party such as a bank or other financial institution; it is the first global, decentralized currency.


Blockchain
A decentralized ledger (or record book) that is shared across a distributed network of peer-to-peer computers (or "nodes").


Address
A unique string of characters that represents a location in a blockchain where cryptocurrency can be sent and received.