Glossary – Page 2 – CryptoStart

Trading Pair: A combination of two cryptocurrencies for trading, indicating the price ratio

cryptoOctober 20, 2025

Crypto Key Concepts: DEX & Trading Pair Decentralized Exchange (DEX): Direct Wallet-to-Wallet Trading, with Self-Custody of Assets In the rapidly evolving landscape of cryptocurrency, Decentralized Exchanges (DEXs) have emerged as a pivotal innovation, redefining how users trade digital assets by emphasizing autonomy and security. Unlike traditional centralized exchanges (CEXs) that act as intermediaries controlling user […]

Decentralized Exchange (DEX): Direct wallet-to-wallet trading, with self-custody of assets

cryptoOctober 20, 2025

Learn about DEXs – decentralized exchanges enabling direct wallet-to-wallet crypto trading with self-custody. Explore benefits, types, and future of decentralized crypto trading

Centralized Exchange (CEX): E.g., Binance, provides coin custody and is convenient

cryptoOctober 17, 2025

Encryption Algorithm: Encrypt Information to Ensure Security How complex math keeps your virtual currency safe—explained simply for everyone, from beginners to casual users. What Are Encryption Algorithms in Virtual Currency? Encryption algorithms are the hidden guards of virtual currency. They take plain information—like transaction details, user addresses, or account balances—and scramble it into unreadable code. […]

Encryption Algorithm: Encrypt information to ensure security

cryptoOctober 17, 2025

Encryption Algorithm: Encrypt Information to Ensure Security A simple guide to how encryption keeps virtual currencies safe for users worldwide. What Are Encryption Algorithms in Virtual Currency? Encryption algorithms are like super-strong locks for digital information. In virtual currency, they scramble data (like transactions or user details) into unreadable code, which can only be unlocked […]

Decentralization: No single entity dominates; power is dispersed.

cryptoOctober 17, 2025

Decentralization: No Single Entity Dominates; Power is Dispersed A beginner-friendly guide to how decentralization shapes virtual currencies and why it matters for global users. What is Decentralization in Virtual Currency? At its core, decentralization in virtual currency means no single company, government, or institution controls the network. Unlike traditional money (e.g., dollars or euros) managed […]

Genesis Block: The first block of a blockchain, the starting point

cryptoOctober 16, 2025

Genesis Block: The first block of a blockchain, the starting point A guide to the foundational block of every blockchain—its features, history, and role in virtual currencies like Bitcoin and Ethereum. What Is a Genesis Block? The genesis block is the very first block in a blockchain network, the origin point from which all other […]

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