Glossary Crypto & Web3
Private key
The secret number that authorises spending from a crypto address. Anyone who has it controls the funds, and there is no institution able to reverse a transfer or reissue a lost key.
More from the glossary
Judicial review
A court examining whether a government decision was lawful. It tests the legality of how a…
Smart contract
Code deployed to a blockchain that executes automatically when its conditions are met. It removes the…
IPO
An initial public offering: the first sale of a company's shares to public investors. It raises…
Mining
Competing to add the next block to a proof-of-work blockchain by burning computing power on a…

