For Beginners: Five Most Important Terms You Need To Know In Crypto Sp…

Address
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It consists of a string of letters and numbers. Just like you ask others to send an e-mail to your e-mail address, you would ask others to send you bitcoin or any other crypto currency to your address.

Blockchain: A list of validated blocks, each linking to its predecessor all the way to the genesis block.

Genesis block: The first block in the blockchain, used to make ready the cryptocurrency.

Secret key or private key: The secret number that unlocks cryptocurrency sent to the agreeing address.

Wallet: Software holds all your cryptocurrency addresses and secret keys. Use it to send, receive, and store your coins.

For Beginners: Five Most Important Terms You Need To Know In Crypto Sp…