Glossary

Reading Time: < 1 minute A ‘sat’ is short for ‘satoshi‘, the smallest denomination of Bitcoin. There are 100 million sats in a Bitcoin. ‘Stacking sats’ refers to the practice

Reading Time: < 1 minute Smart contracts are self-executing agreements that specify the terms and conditions of a peer-to-peer deal. The agreement’s terms and conditions are stated in code. The

Reading Time: < 1 minute A cryptographic proof of authorization for a cryptocurrency transaction. Signatures are created using your private key.

Reading Time: < 1 minute The practice of aggressively promoting a cryptocurrency is known as shilling. Shills tries to generate buzz by endorsing the product in public forums.They tend to

Reading Time: < 1 minute SHA-256 is the Bitcoin protocol’s hash function and mining algorithm. It takes as input any type of document, file or series of characters and returns a unique

Reading Time: < 1 minute An acronym that stands for Single Euro Payments Area and includes most European countries. Coinmama accepts bank transfers only from SEPA banks. Buy bitcoin with SEPA today!

Reading Time: < 1 minute Segwit stands for ‘Segregated Witness’ and it refers to a Bitcoin upgrade that allows for more transactions to fit onto each block, making Bitcoin faster

Reading Time: < 1 minute Whoever has access to your seed phrase can generate your keys and spend your coins, so keep it safe. A seed phrase is a series

Reading Time: < 1 minute The anonymous inventor of Bitcoin. Some people have suggested that Satoshi could be a group of people. The person or individuals that invented bitcoin, produced

Reading Time: < 1 minute The satoshi is the lowest unit of bitcoin currency that has been recorded on the blockchain so far. One Bitcoin can be divided into one