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Glossary

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Candlesticks

Candlesticks are charting tools used in financial markets to represent price movements of an asset over a specific period, showing the opening, closing, high, and low prices.

Capitulation

Capitulation refers to the act of surrendering or yielding, often used in a financial context to describe a situation where investors give up on trying to recoup losses and sell off their assets, typically during a market downturn. This can lead to a sharp decline in asset prices, as the selling pressure intensifies.

Card Network

A card network is a financial system that facilitates electronic payments and transactions using credit, debit, or prepaid cards. It connects merchants, banks, and cardholders, enabling the authorization, processing, and settlement of card transactions.

Casascius Coin

A Casascius Coin is a physical Bitcoin token created by Mike Caldwell, containing a tamper-evident hologram and a private key for accessing digital Bitcoin.

Cathie Wood

Cathie Wood is a prominent American investor and the founder, CEO, and CIO of ARK Invest, an investment management firm known for its focus on disruptive innovation and technology.

Centralized

Centralized refers to a system or organizational structure where decision-making authority, control, and power are concentrated in a single central point or a small group of individuals. In such systems, key decisions and policies are made by a central authority, and lower levels of the organization or system have limited autonomy.

Certificate API

A Certificate API is a set of programming interfaces that allow developers to manage digital certificates within their applications. These APIs enable the creation, retrieval, validation, and revocation of certificates, which are essential for establishing secure communications and verifying identities in digital transactions. By integrating a Certificate API, developers can automate certificate lifecycle management, enhance security protocols, and ensure compliance with industry standards.

Chargeback

A chargeback is a financial transaction reversal initiated by a cardholder's bank, typically due to disputes over fraudulent or unauthorized transactions, billing errors, or dissatisfaction with a product or service. It serves as a consumer protection mechanism, allowing customers to recover their funds while prompting merchants to address and resolve the underlying issues.

Chargeback Ratio

The chargeback ratio is a financial metric used by businesses, particularly in the payment processing and e-commerce sectors, to measure the frequency of chargebacks relative to the total number of transactions. It is calculated by dividing the number of chargebacks by the total number of transactions within a specific period, often expressed as a percentage.

Checkout

Checkout refers to the process of finalizing a purchase in a retail or online shopping environment. It involves reviewing items in a shopping cart, selecting payment methods, and providing necessary information such as shipping details.

Ciphertext

Ciphertext is the result of encryption, where plain text is transformed into an unreadable format using an algorithm and a key. This process ensures that the information remains confidential and can only be deciphered by someone who has the appropriate decryption key. Ciphertext is crucial in securing sensitive data in various fields, including communications, finance, and personal information.

Cloud Mining

Cloud mining is a process of cryptocurrency mining utilizing remote data centers with shared processing power, allowing users to mine without managing hardware.

Code Repository

A code repository is a centralized digital storage space where developers can manage, store, and track changes to their codebase. It facilitates version control, collaboration, and code sharing among team members, ensuring that all contributions are documented and integrated seamlessly. Popular platforms for code repositories include GitHub, GitLab, and Bitbucket, which offer tools for issue tracking, code review, and continuous integration to streamline the development process.

Coinbase Transaction

A Coinbase Transaction is a special type of transaction in the blockchain, particularly in Bitcoin and other cryptocurrencies, that is used to reward miners for successfully adding a new block to the blockchain. Unlike regular transactions, it does not have any inputs and is created by the miner. The reward typically includes both the block subsidy (newly created coins) and the transaction fees from all the transactions included in the block. This transaction is essential for the distribution of new coins and incentivizing miners to maintain the network.

Cold Storage

Cold storage in the context of cryptocurrency refers to the practice of keeping private keys—the secret codes that enable spending of cryptocurrency—offline, away from any internet-connected devices. This method is used to protect cryptocurrencies from hacking, theft, and other forms of unauthorized access that could occur if the keys were stored online (in what is known as "hot storage").

Cold Wallet

A Cold Wallet is a type of cryptocurrency storage solution that is not connected to the internet, providing enhanced security against hacking and online threats. It typically involves hardware devices, paper wallets, or other offline methods to store private keys, making it an ideal choice for long-term storage of digital assets. Cold wallets are favored by investors who prioritize security over convenience.

Collateralization

Collateralization is the use of an asset to secure a loan or other credit, reducing the lender's risk by providing a claim on the asset if the borrower defaults.

Collateralized debt obligation

A Collateralized Debt Obligation (CDO) is a complex financial instrument that pools together various types of debt, such as loans, bonds, and mortgages, and repackages them into tranches with varying levels of risk and return. These tranches are then sold to investors.

Commingling

Commingling refers to the practice of mixing assets or funds from different sources into a single account or wallet, commonly seen in both traditional finance and cryptocurrency. In the crypto space, exchanges often commingle funds from multiple investors to streamline operations and reduce costs.

Commodity Futures Trading Commission (CFTC)

The Commodity Futures Trading Commission (CFTC) is an independent agency of the U.S. government established in 1974. Its primary role is to regulate the U.S. derivatives markets, which include futures, swaps, and certain kinds of options.

Confirmations

In the context of blockchain and cryptocurrency, confirmations refer to the number of times a transaction has been verified and included in a block by the network. Each time a new block is added to the blockchain, all the transactions in that block are confirmed, and the confirmations of all previous transactions are incremented by one

ConsenSys

ConsenSys is a leading blockchain technology company that focuses on building and promoting decentralized applications (dApps) and infrastructure primarily on the Ethereum blockchain. Founded by Joseph Lubin, one of Ethereum's co-founders, ConsenSys offers a suite of products and services including development tools, enterprise solutions, and consulting services aimed at fostering the growth of the decentralized web.

Consortium Blockchain

A Consortium Blockchain is a type of blockchain network where the consensus process is controlled by a pre-selected group of nodes or organizations, rather than being open to the public or fully decentralized. This semi-decentralized approach allows for greater control, enhanced security, and improved efficiency, making it ideal for industries that require collaboration among multiple entities, such as finance, supply chain, and healthcare. Consortium Blockchains offer the benefits of blockchain technology, such as transparency and immutability, while maintaining a level of governance and privacy suitable for enterprise use.

Contract Account

A Contract Account is a financial record used to track the costs, revenues, and profitability associated with a specific contract or project.

Contract for difference (CFD)

A Contract for Difference (CFD) is a financial derivative that allows traders to speculate on the price movements of an asset without owning the underlying asset itself. CFDs are agreements between a buyer and a seller to exchange the difference in the value of an asset from the time the contract is opened to when it is closed. They are commonly used in trading markets such as stocks, commodities, and forex, offering the potential for profit in both rising and falling markets. CFDs provide leverage, meaning traders can gain greater exposure to the market with a smaller initial investment, but they also carry a higher risk of loss.

Conversion Rate Optimization

Conversion Rate Optimization (CRO) is the systematic process of enhancing a website or landing page experience to increase the percentage of visitors who complete a desired action, such as making a purchase, signing up for a newsletter, or filling out a form.

Coordinator

In the context of cryptocurrency, particularly in decentralized networks, a coordinator can refer to a central entity or mechanism that helps manage or facilitate certain processes within the network. The role of a coordinator can vary depending on the specific blockchain or protocol.

Core Wallet

A Core Wallet is a type of cryptocurrency wallet that serves as the primary storage and management tool for digital assets. It is typically developed by the official team behind a specific cryptocurrency and offers full node capabilities, meaning it downloads and verifies the entire blockchain. This ensures enhanced security, privacy, and control over transactions. Core Wallets often include features such as transaction history, address book, and the ability to create and manage multiple addresses. They are essential for users who prioritize security and wish to support the network by participating in the validation process.

Corporate Treasury

Corporate Treasury manages a company's liquidity, investments, and financial risk to ensure optimal financial stability and efficiency.

Co-signer

A co-signer is an individual who agrees to take on the financial responsibility of a loan or credit agreement if the primary borrower fails to make the required payments. This person essentially guarantees the debt, providing additional assurance to the lender, which can help the primary borrower secure better loan terms or approval.

Counterparty risk

Counterparty risk refers to the potential for loss that arises when one party in a financial transaction fails to fulfill their contractual obligations. This type of risk is prevalent in various financial activities, including trading, lending, and derivatives contracts. It is a critical consideration for financial institutions, as the default of a counterparty can lead to significant financial losses and systemic instability. Effective management of counterparty risk involves assessing the creditworthiness of counterparties, implementing risk mitigation strategies, and maintaining adequate capital reserves.

Craig Wright

Craig Wright is an Australian computer scientist and businessman who has claimed to be the person behind the pseudonym Satoshi Nakamoto, the creator of Bitcoin. His assertions have been met with skepticism and controversy within the cryptocurrency community. Wright has been involved in various legal battles and has a background in information security and digital forensics.

Cryptocurrency money laundering

Cryptocurrency money laundering refers to the illegal process of disguising the origins of money obtained through illicit activities by converting it into digital currencies. This method leverages the anonymity and decentralized nature of cryptocurrencies to obscure the trail of funds, making it difficult for authorities to trace and recover the illicit gains. Techniques often involve mixing services, complex transaction chains, and the use of privacy-focused coins to further enhance anonymity.

Crypto debit card

A crypto debit card is a financial tool that allows users to spend their cryptocurrency holdings like traditional currency. It links to a digital wallet and converts cryptocurrencies such as Bitcoin, Ethereum, or others into fiat money at the point of sale.

Cryptographic hash function

A cryptographic hash function is a mathematical algorithm that transforms an input (or 'message') into a fixed-size string of bytes, typically a hash value. It is designed to be a one-way function, meaning it is computationally infeasible to reverse the process and retrieve the original input from the hash.

Cryptojacking

Cryptojacking is a type of cybercrime where hackers secretly use someone else's computer or device to mine cryptocurrency without their knowledge or consent. This is typically done by infecting the victim's device with malware or by embedding malicious code on a website.

Crypto loan

A crypto loan is a type of financial service that allows individuals to borrow funds by using their cryptocurrency holdings as collateral. Unlike traditional loans, crypto loans are typically facilitated through blockchain-based platforms, offering a decentralized and often more accessible lending process.

Cryptology

Cryptology is the science and practice of securing communication through the use of codes and ciphers. It encompasses both cryptography, which involves creating secure communication methods, and cryptanalysis, which focuses on breaking those methods.

Crypto Points

Crypto Points are digital tokens earned through various activities within a blockchain ecosystem, often used for rewards, incentives, or loyalty programs.

Crypto winter

Crypto winter refers to a prolonged period of declining cryptocurrency prices and market stagnation. During this time, investor interest wanes, trading volumes decrease, and many crypto projects face financial difficulties. The term draws a parallel to a harsh winter season, symbolizing a challenging phase for the crypto industry, often following a period of rapid growth and speculation.

Currency crisis

Currency crisis refers to a situation where a nation's currency experiences a rapid and severe devaluation, often leading to financial instability. This can be triggered by various factors such as economic mismanagement, political instability, excessive debt, or loss of investor confidence. The crisis can result in skyrocketing inflation, a collapse in the value of savings, and significant economic hardship for the affected country. Governments and central banks may intervene with measures like raising interest rates, seeking international assistance, or implementing austerity policies to stabilize the currency.

Custodial

Custodial refers to the responsibilities and tasks associated with the maintenance, cleaning, and general upkeep of a facility or property. This often includes duties such as sweeping, mopping, trash removal, and ensuring that the environment remains safe and sanitary. Custodial work is essential for the smooth operation of schools, offices, hospitals, and other public or private spaces.

Custodian

A custodian is an individual or entity responsible for the care, maintenance, and protection of assets, property, or information. In various contexts, custodians may manage financial accounts, oversee physical properties, or ensure the security and confidentiality of sensitive data.

CVV & CVC

CVV (Card Verification Value) and CVC (Card Verification Code) are security features for credit and debit card transactions, particularly in online and card-not-present transactions. These codes are typically three or four digits long and are found on the back of the card, near the signature strip.

Cypherpunk

Cypherpunk refers to an activist movement that advocates for the widespread use of strong cryptography and privacy-enhancing technologies as a route to social and political change. Originating in the late 1980s and early 1990s, cypherpunks believe that cryptographic tools can empower individuals to protect their privacy, secure their communications, and resist surveillance by governments and corporations. The movement has significantly influenced the development of technologies such as encrypted email, digital currencies like Bitcoin, and various privacy-focused software.