Bitcoin Glossary – Terminology and Definitions

It is a quick reference to the most important Bitcoin terminology. Please check any term to reveal the definition.

Bitcoin Glossary

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There are currently 2 names in this directory beginning with the letter D.
Decentralized
Without a central authority or controlling party. Bitcoin is a decentralized network since no company, government, or individual is in control of it.
Distributed
A distributed network is designed so that there is no central server or entity that others must connect to. Instead, network participants connect directly to each other. Bitcoin is a distributed network.


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