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Staking pool
A staking pool is a group of individuals who come together to pool their resources in order to have a better chance at earning rewards from staking a cryptocurrency.
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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.
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Wallet
A cryptocurrency wallet is a software program that allows you to store, send and receive digital currencies.
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Airdrop
Cryptocurrency airdrops are a type of distribution method used by blockchain projects to distribute their tokens to a large number of users.