Crypto terms, explained plainly
124 short definitions and a handful of guides. Every term links to the coins and charts where you will meet it, and the ones the model actually uses say so.
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C
- Custodial walletWallets
A wallet where a company holds the keys and you hold an account with the company.
G
- Gasless transactionWallets
A transaction where a third party pays the network fee, often via account abstraction.
N
- Non-custodial walletWallets
A wallet where you hold the keys and nobody can freeze or recover your funds.
P
- Public addressWallets
The shareable identifier you give someone to receive funds; safe to publish.
S
- Social recoveryWallets
Recovering a wallet through trusted guardians instead of a single seed phrase.
W
- WalletWallets
Software or hardware that holds keys and signs transactions; it does not hold coins.
- Wallet drainerWallets
Malicious code or a signed transaction that moves all approved assets out of a wallet.
- Watch-only walletWallets
A wallet that can see balances and history but cannot sign anything.