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WorksheetsCryptocurrency Vocabulary Terms
Total questions: 15
Worksheet time: 5mins
The act of creating or solving codes
Cryptocurrency
Cryptography
Cryptoscience
Cryptodiscography
Government-issued currencies that are not backed by anything physical
Money Currencies
U.S. Currencies
Fiat Currencies
Cryptocurrency
The underlying technology of cryptocurrency that keeps the system secure
Programming Servers
Blockification
Blockly
Blockchain
(a) make up a blockchain.
__________means there is no central point of the network. Instead, it is spread over a series of users
Cryptocurrency
Centralized
Decentralized
Blockchain
(a) means that there is a central point. The opposite of Decentralized.
A radical update to the blockchain that can make previously unvalidated blocks valid or the reverse
Hard Fork
Soft Fork
Metal Fork
Spork
A backwards-compatible change in the blockchain protocol
Soft Fork
Hard Fork
Plastic Fork
Blockchain
One of the most common algorithms in cryptocurrency. It requires miners to mine blocks to validate transactions
Blockchain
Proof of Win
(POW)
Proof of Work (PoW)
Delegated Proof of Stake
Requires users to stake some of their cryptocurrency to validate transactions
Block
Proof of Work (PoW)
Proof of Stake (PoS)
Centralized
A variation of Proof of Stake that uses supernodes or masternodes to validate transactions
Proof of Stake (PoS)
Delegated Proof of Stake (DPoS)
(a) are digitalized contracts that are executed on the blockchain between different parties
Stands for ‘decentralized application’, these are applications that are not centralized and work on top of the blockchain
Kapps
bApps
cApps
dApps
The process of validating a block in return for the block reward
Altcoin
Mining
Paper Wallet
Ledger
A structure that houses cryptocurrency mining equipment
Mining
Mining Rig
A House
