Cryptionary

Tag: privacy

December 3, 2022

Recovery phrase

Recovery phrases, also known as backup phrases or seed phrases, are a critical component of many cryptocurrencies and blockchain-based applications. These phrases are essentially a string of words that are used to restore access to a wallet or account in the event that the user forgets their password or loses access to their device.

Cryptocurrency, wallets

backup phrase, cold wallet, Cryptocurrency, custody, hardware wallet, hot wallet, mobile wallet, privacy, private keys, recovery phrase, security, seed phrase, software wallet, wallet
December 3, 2022

Altcoins

Altcoins, also known as alternative cryptocurrencies, are digital or virtual currencies that are designed to be used as alternatives to the well-known and widely-used cryptocurrency, Bitcoin.

Cryptocurrency, DeFi, tokens

21 million, adoption, altcoins, anonymity, bitcoin, consensus, Cryptocurrency, finance, fixed supply, fraud, gaming, ICO, infinite supply, initial coin offering, PoS, PoW, pre-mining, privacy, proof of stake, proof of work, regulation, scams, security, supply, tokens, transaction speed, use cases
December 2, 2022

Web3

Web3, also known as the “Third Generation Web,” is a term used to describe the next evolution of the internet.

blockchain, Cryptocurrency, DeFi, Metaverse, NFTs, Smart Contracts, tokens

apps, blockchain, dApps, decentralization, internet, privacy, security, social media, web1, web2, web3