GLOSSARY


Alphabetical: A-Z
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A roadmap is a strategic planning tool employed by businesses to outline their short-term and long-term objectives. It offers a flexible timeline for achieving these goals, providing a clear path for a company's development.
A Satoshi is the tiniest unit of a bitcoin, as defined by the Bitcoin protocol. It is equivalent to one-hundred-millionth of a bitcoin or 0.00000001 BTC
The SEC is an autonomous government agency tasked with overseeing and regulating securities markets to ensure transparency and protect investors.
A seed phrase, also known as a mnemonic seed, consists of a collection of words, often around 12 in number. This set of words grants access to a cryptocurrency wallet, simplifying the process of recalling, storing, and accessing the wallet's private key.
Smart contracts are automated agreements that execute predefined actions when specific conditions are met. Think of them as digital "If…then" statements; they require certain conditions to be fulfilled before actions, such as the transfer of funds, take place. These contracts run automatically on the blockchain, with no need for user input.
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