Glossary

A machine that allows people to withdraw cash or check their bank balance without entering a bank.
Some ATMs also allow buying or selling cryptocurrencies like Bitcoin.

A digital currency created in 2009 that lets people send money online without using a bank.
It operates using a global network of connected computers.

The institution in charge of managing the euro and monetary policy in eurozone countries.
It helps keep prices stable and controls interest rates.

An alternative currency designed to be shared fairly among all its users.
Each member receives a regular “universal dividend” just for being part of the network.

A system used to identify devices on the internet.
Each device has a unique IP address, like a postal address for receiving data.

A legal process where banks and services must verify who their customers are.
It helps prevent fraud, terrorism financing, and money laundering.

A technology for making fast and low-cost Bitcoin transactions.
It works like a payment shortcut, avoiding congestion on the main network.

A computer that participates in a cryptocurrency network.
It stores data, checks transactions, and helps others access the network.

A decentralized protocol for creating social networks and messaging without central servers.
It allows anyone to publish messages without censorship.

A collaborative project to create a free and editable world map, like Wikipedia for geography.
Used in navigation, apps, and games.

A method used by Bitcoin to verify transactions using computers solving complex puzzles.
It is secure but uses a lot of energy.

A more eco-friendly method for verifying cryptocurrency transactions.
The more coins someone owns, the more likely they are to help validate new transactions.

A virtual computer rented online to run websites or apps.
It's like having your own small private server without buying hardware.

A cryptocurrency designed to protect user privacy.
It hides transaction details like amounts and addresses by default.