Crypto & Blockchain Glossary

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Private Key

Private Key: A secret key that allows access to crypto funds.

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Proof of Stake (PoS)

Proof of Stake (PoS): Consensus where validators lock up coins to secure the network.

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Proof of Work (PoW)

Proof of Work (PoW): Consensus requiring computational work to validate transactions.

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Public Key

Public Key: A cryptographic key that can be shared publicly to receive funds.