HomeGLOSSARY

GLOSSARY

Learn Bitcoin terms with Bitcoin Magazine’s Glossary category – clear definitions for blockchain and BTC concepts.

GLOSSARY

Fractional Reserve Banking

Conor Mulcahy -
Fractional reserve banking is a cornerstone of modern financial systems, significantly shaping banking practices globally. The concept refers to the practice whereby banks hold...
GLOSSARY

What is Encryption?

Conor Mulcahy -
Encryption is the process of converting readable data into a coded format that is only accessible by someone with the proper key or password....
GLOSSARY

What is Dust?

Conor Mulcahy -
Dust in Bitcoin refers to a tiny amount of Bitcoin that is essentially unusable due to its minuscule size relative to transaction fees. These...
GLOSSARY

What’s a Cypherpunk?

Conor Mulcahy -
A cypherpunk is an individual who advocates the use of strong cryptography to protect privacy and enable civil liberties. Cypherpunks believe that encryption technology...
GLOSSARY

What Is a Cold Wallet?

Conor Mulcahy -
A cold wallet is a device collecting bitcoin addresses and keys that unlock funds in an offline mode. Since cold wallets don’t require an...
GLOSSARY

What are BRC-20 Tokens?

Conor Mulcahy -
Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired by Ethereum’s ERC-20 tokens, BRC-20...
GLOSSARY

What is Bitcoin Core?

Conor Mulcahy -
Bitcoin Core is the software that keeps Bitcoin operating smoothly. Originally known simply as “Bitcoin,” it was developed by Satoshi Nakamoto, and remains the...
GLOSSARY

What Is The Block Reward?

Conor Mulcahy -
The block reward is the incentive given to bitcoin miners for securing the blockchain and creating new blocks. It comprises newly minted bitcoin —...
GLOSSARY

What is Anarcho-Capitalism?

Conor Mulcahy -
Anarcho-capitalism is a political and economic theory that merges the principles of anarchism and capitalism. It advocates for a society without a centralized state,...
GLOSSARY

The Austrian School of Economics

Conor Mulcahy -
The Austrian School of Economics The Austrian school of economics is a school of economic thought that emphasizes the importance of individual human action and...
GLOSSARY

What is the Block subsidy

Conor Mulcahy -
The block subsidy refers to the reward given to miners for successfully mining a new block on the Bitcoin blockchain. This reward consists of...
GLOSSARY

What Is Commodity Money?

Bitcoin Magazine -
Commodity money is a form of money that derives an intrinsic value from its underlying commodity and the supply and demand dynamics.
1...345Page 4 of 5

LATEST ARTICLES

Advertise with us

Amplify your brand with the world’s first and most trusted Bitcoin media company. Every year, millions of people with diverse interests depend on Bitcoin Magazine for the most reliable, accurate, timely and relevant content. We are trusted by the Bitcoin community to inform and enlighten with quality stories that meet our stringent editorial and journalistic standards.

GET IN TOUCHGET IN TOUCH

EDITOR PICKS

POPULAR POSTS

CATEGORIES

ABOUT US

Established in 2012, Bitcoin Magazine is the oldest and most established source of trustworthy news, information and thought leadership on Bitcoin.

FOLLOW US

© 2025 BTC INC