{"id":172,"date":"2019-05-04T00:23:02","date_gmt":"2019-05-04T07:23:02","guid":{"rendered":"https:\/\/blog.opennode.co\/?page_id=172"},"modified":"2022-09-23T04:55:23","modified_gmt":"2022-09-23T11:55:23","slug":"glossary","status":"publish","type":"page","link":"https:\/\/blog.opennode.com\/blog\/glossary\/","title":{"rendered":"Bitcoin Glossary"},"content":{"rendered":"Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>\n

Bitcoin Glossary<\/strong><\/h2>\n\n\n\n

Bitcoin can be confusing. Like many new technologies, Bitcoin has its own jargon that makes it difficult for outsiders to understand. It may be daunting for a new comer to understand the most rudimentary of articles in this space without a firm grasp of the requisite vernacular. Fortunately, OpenNode is here to help with this Bitcoin Glossary.<\/p>\n\n\n\n

Many glossaries out there take an overly technical approach to the definitions found therein. Our goal is to create a robust glossary that does not overcomplicate things and uses as much simple language as possible. We hope you find our definitions to be clear, concise, and helpful. <\/p>\n\n\n\n

If there are any words you’d like to see definitions for, be sure to let us know on Twitter @opennodeco<\/a> using the hashtag #BitcoinGlossary. <\/p>\n\n\n\n

#<\/h2>\n\n\n\n
\n\n\n\n

51% attack<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

A<\/h2>\n\n\n\n
\n\n\n\n

Altcoin<\/a><\/h2>\n\n\n\n

API<\/a><\/h2>\n\n\n\n

ASIC<\/a><\/h2>\n\n\n\n

Atomic Swap<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

B<\/h2>\n\n\n\n
\n\n\n\n

Bear Market<\/a><\/h2>\n\n\n\n

Bidirectional channel<\/a><\/h2>\n\n\n\n

Bitcoin<\/a><\/h2>\n\n\n\n

Bitcoin Address<\/a><\/h2>\n\n\n\n

Bitcoin Days Destroyed<\/a><\/h2>\n\n\n\n

Bitcoin ATM<\/a><\/h2>\n\n\n\n

Bitcoin Improvement Proposal (BIP)<\/a><\/h2>\n\n\n\n

Bitcoin Wallet<\/a><\/h2>\n\n\n\n

Block<\/a><\/h2>\n\n\n\n

Blockchain<\/a><\/h2>\n\n\n\n

Block Explorer<\/a><\/h2>\n\n\n\n

Block Header<\/a><\/h2>\n\n\n\n

Block Height<\/a><\/h2>\n\n\n\n

Block Time<\/a><\/h2>\n\n\n\n

Block Reward<\/a><\/h2>\n\n\n\n

BOLT<\/a><\/h2>\n\n\n\n

Bull Market<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

C<\/h2>\n\n\n\n
\n\n\n\n

Chargeback \/ Chargeback Fraud<\/a><\/h2>\n\n\n\n

C-Lightning<\/a><\/h2>\n\n\n\n

Closing Transaction<\/a><\/h2>\n\n\n\n

Cold Storage<\/a><\/h2>\n\n\n\n

Confirmation<\/a><\/h2>\n\n\n\n

Consensus<\/a><\/h2>\n\n\n\n

Controlled Supply<\/a><\/h2>\n\n\n\n

Cryptocurrency<\/a><\/h2>\n\n\n\n

Cryptographic Hash Function<\/a><\/h2>\n\n\n\n

Custodial<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

D<\/h2>\n\n\n\n
\n\n\n\n

Decentralized<\/a><\/h2>\n\n\n\n

Decentralized Autonomous Organization (DAO)<\/a><\/h2>\n\n\n\n

Difficulty<\/a><\/h2>\n\n\n\n

Difficulty Adjustment<\/a><\/h2>\n\n\n\n

Dust Limit<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

E<\/h2>\n\n\n\n
\n\n\n\n

Eclair<\/a><\/h2>\n\n\n\n

Encryption<\/a><\/h2>\n\n\n\n

Encumbrance<\/a><\/h2>\n\n\n\n

ERC-20<\/a><\/h2>\n\n\n\n

Exhausted<\/a><\/h2>\n\n\n\n

Exchange<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

F<\/h2>\n\n\n\n
\n\n\n\n

Fiat Currency<\/a><\/h2>\n\n\n\n

Fork<\/a><\/h2>\n\n\n\n

Full Node<\/a><\/h2>\n\n\n\n

Funding Transaction<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

G<\/h2>\n\n\n\n
\n\n\n\n

Genesis Block<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

H<\/h2>\n\n\n\n
\n\n\n\n

Halvening (Halving)<\/a><\/h2>\n\n\n\n

Hash<\/a><\/h2>\n\n\n\n

HTLC<\/a><\/h2>\n\n\n\n

Hashlock<\/a><\/h2>\n\n\n\n

Hash Power\/Hash Rate<\/a><\/h2>\n\n\n\n

HODL<\/a><\/h2>\n\n\n\n

Hot Storage<\/a><\/h2>\n\n\n\n

Hyperbitcoinization<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

I<\/h2>\n\n\n\n
\n\n\n\n

Immutable<\/a><\/h2>\n\n\n\n

Intermediary<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

L<\/h2>\n\n\n\n
\n\n\n\n

LND<\/a><\/h2>\n\n\n\n

Lightning Network<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

M<\/h2>\n\n\n\n
\n\n\n\n

Market Capitalization<\/a><\/h2>\n\n\n\n

Medium of Exchange<\/a><\/h2>\n\n\n\n

Mempool<\/a><\/h2>\n\n\n\n

Merkle Root<\/a><\/h2>\n\n\n\n

Merkle Tree<\/a><\/h2>\n\n\n\n

Miner<\/a><\/h2>\n\n\n\n

Mining<\/a><\/h2>\n\n\n\n

Mining Fee<\/a><\/h2>\n\n\n\n

Mining Pool<\/a><\/h2>\n\n\n\n

Multi-Signature Address<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

N<\/h2>\n\n\n\n
\n\n\n\n

Network<\/a><\/h2>\n\n\n\n

Node<\/a><\/h2>\n\n\n\n

Nonce<\/a><\/h2>\n\n\n\n

Non-Custodial<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

O<\/h2>\n\n\n\n
\n\n\n\n

Off-chain<\/a><\/h2>\n\n\n\n

Onion Routing<\/a><\/h2>\n\n\n\n

On-chain<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

P<\/h2>\n\n\n\n
\n\n\n\n

Private Key<\/a><\/h2>\n\n\n\n

Proof of Work<\/a><\/h2>\n\n\n\n

Public Key<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

Q<\/h2>\n\n\n\n
\n\n\n\n

QR Code<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

S<\/h2>\n\n\n\n
\n\n\n\n

Satoshi<\/a><\/h2>\n\n\n\n

Second Layer<\/a><\/h2>\n\n\n\n

Segregated Witness (SegWit)<\/a><\/h2>\n\n\n\n

SHA-256<\/a><\/h2>\n\n\n\n

Smart Contract<\/a><\/h2>\n\n\n\n

Stablecoin<\/a><\/h2>\n\n\n\n

Store of Value<\/a><\/h2>\n\n\n\n

Submarine Swap<\/a><\/h2>\n\n\n\n

Sub-satoshi Payments<\/a><\/h2>\n\n\n\n

Sybil Attack<\/a><\/h2>\n\n\n\n

Single-funded channel<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

T<\/h2>\n\n\n\n
\n\n\n\n

Target<\/a><\/h2>\n\n\n\n

Timelock<\/a><\/h2>\n\n\n\n

Timestamp<\/a><\/h2>\n\n\n\n

Transaction Fee<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

U<\/h2>\n\n\n\n
\n\n\n\n

Unit of Account<\/a><\/h2>\n\n\n\n

UTXO<\/a><\/h2>\n\n\n\n
<\/div>\n\n\n\n

W<\/h2>\n\n\n\n
\n\n\n\n

Watchtower<\/a><\/h2>\n\n\n\n

Wen Moon<\/a><\/h2>\n\n\n\n

Wumbo<\/a><\/h2>\n\n\n\n
<\/div>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>Bitcoin Glossary Bitcoin can be confusing. Like many new technologies, Bitcoin has its own jargon that makes it difficult for outsiders to understand. It may be daunting for a new comer to understand the most rudimentary of articles in this space without a firm grasp of the requisite vernacular. Fortunately, OpenNode is here to help …<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-notitle.php","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-172","page","type-page","status-publish","hentry"],"yoast_head":"\nBitcoin Glossary: Technical terms and definitions from OpenNode<\/title>\n<meta name=\"description\" content=\"A Bitcoin glossary for all. Because let's face it, Bitcoin can be confusing. 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