A UTXO system like Bitcoin treats crypto similarly to physical cash. Let’s say that Bob has 2 Bitcoins. Bob wants to give Alice 1.75 bitcoin. Bob’s wallet first unlocks his UTXO of 2 bitcoins and uses this whole 2 bitcoin…

CoinJoin and SharedCoin: CoinJoin is an anonymization method for bitcoin transactions proposed by Gregory Maxwell. The following idea is behind CoinJoin: “When you want to make a payment, find someone else who also wants to make a payment and make…

Consensus is a mechanism, usually used by most nodes on the network, all having the same blocks in their locally-validated blockchain, to achieve the necessary agreement regarding the state of the distributed network.  

There are various options to create a new cryptocurrency from scratch, however, answers to some fundamental questions must first be provided:  Consider what is the purpose/requirements of the new cryptocurrency, Select the blockchain type: Public, Open, Permissioned etc.  Select a consensus mechanism…

Crypto Dusting is a cryptocurrency privacy attack that sees malicious actors sending a very small amounts of coins—typically referred to as "dust"—to identify the person or entity that controls the wallet. The value of dust is below the threshold required…

Reflection tokens (sometimes called reward tokens) are cryptocurrencies that reward holders with new tokens in their wallets, by employing a mechanism in which transactions are taxed and a percentage of the tax charged is redistributed to holders of the token.…

The term is used for cryptocurrencies that run on a Proof of Stake blockchain.  Contrary to Bitcoin's Proof of Work consensus mechanism, in which the nodes (participants) are required to solve a difficult mathematical problem requiring energy intense computer resources, being…

The list of crypto terminology can be extended endlessly. Some of the most used tems are: Blockchain, Hash, Mining, Consensus Algorithms, Proof of Work, Proof of Stake, Node, Hard/Soft Forks, 51% attack, Node, Wallets (desktop, mobile, hardware, paper), Hot/cold storage,  Tokens…

Various programming languages are being used for cryptocurrency coding: Solidity (associated with smart contracts), Java (NEM, IOTA, NEO, Hyperledger Fabric are using JaVA), Python, Java Script, C++, Go, Ruby etc.