Glossary
139 terms to sharpen your crypto trading knowledge
Daemon
A daemon is a background program that continuously runs a blockchain node, verifying transactions and keeping the network synchronized.
Decentralization
Decentralization distributes control across a network rather than centralizing it, removing intermediaries and creating a more transparent, trustless system.
Decentralized Applications (DApps)
Decentralized applications (dApps) run on blockchain networks via smart contracts, operating without central control or a single point of failure.
Decentralized Finance (DeFi)
DeFi is a blockchain-based financial ecosystem that uses smart contracts to provide lending, trading, and other financial services without traditional intermediaries.
Distributed Ledger Technology (DLT)
Distributed Ledger Technology (DLT) is a decentralized database shared and synchronized across many computers, enabling transparent and tamper-resistant record keeping.
Double Spending
Double spending occurs when the same cryptocurrency is fraudulently used in more than one transaction — a problem blockchain technology was designed to prevent.
Dust Attacks
A dust attack sends tiny amounts of cryptocurrency to many wallets to track and de-anonymize users by following how the dust moves through transactions.