Cold Storage
Offline storage of cryptocurrencies, typically involving hardware non-custodial wallets, USBs, offline computers, or paper wallets. *see Hot Storage.
Glossary
Cold Wallet
A cryptocurrency wallet that is in cold storage, i.e. not connected to the internet.
Confirmations
A transaction is only confirmed when it is included in a block on the blockchain, at which point it has one confirmation. Each additional block is another confirmation. Different exchanges require a different number of confirmations to consider a cryptocurrency transaction final.
Consensus
Consensus is achieved when all participants of the network agree on the order and content of blocks and transactions contained in those blocks.
Consortium Blockchain
A privately-owned and -operated blockchain in which a consortium shares information not readily available to the public, while relying on the immutable and transparent properties of the blockchain.
Correction
A correction is a (usually negative) reverse movement of at least 10% in a cryptocurrency or general market, to adjust for over- or under-valuations.
Co-Signer
A person or entity that has partial control and access over a cryptocurrency wallet.
Cryptoasset
Cryptoassets leverage cryptography, consensus algorithms, distributed ledgers, peer-to-peer technology and/or smart contracts to function as a store of value, medium of exchange, unit of account, or decentralized application.
Cryptocurrency
A cryptocurrency is a digital medium of exchange using strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Cryptography
A field of study and practice to secure information, preventing third parties from reading information to which they are not privy.