Glossary Crypto & Web3
Blockchain
A shared ledger of transactions maintained by many computers at once rather than by a single institution. Records are grouped into blocks and chained together cryptographically, so altering an old entry would mean redoing everything after it.
More from the glossary
Byline
The line naming who wrote a piece. It signals responsibility for the reporting as much as…
DeFi
Decentralised finance: lending, trading and derivatives run by smart contracts rather than by a bank or…
Tariff
A tax on imported goods. It is paid by the importer, not the exporting country, and…
Regulator
A public body that writes and enforces detailed rules within an area the legislature has assigned…