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CryptoDecentral

Glossary

Glossary

147 terms used across CryptoDecentral notes, each defined in plain English in 40 words or fewer, with links to the notes or pages that explain it and to the primary sources it was checked against.

Educational only. Not financial advice. Not an FSP/CASP. DYOR.

Corrections: info@cryptodecentral.co.za · JSON

147 terms

A

Autonomi

#Autonomi

A decentralised storage network where clients self-encrypt data into chunks and nodes store and replicate them by content address. Stored data is immutable and paid for once when written; reading needs no payment.

B

BIP 32

#Self-custody

The standard for hierarchical deterministic (HD) wallets: one seed becomes a tree of keys, each child derived from its parent key, a chain code and an index. That is why one backup can recreate every key in the tree.

C

Chat template

#Local AI

The format that turns a conversation's messages into the exact token text a model was trained to expect. It ships with the model or runner, and changing it can change behaviour, such as whether reasoning text replaces the answer.

Custodial wallet

#Bitcoin & Lightning

A wallet where a service holds the keys and shows a balance from its ledger: an IOU, not coins you control. The operator can freeze access or fail, and a Lightning payment to it proves only its node was paid.

D

Derivation path

#Self-custody

The steps from a seed to one key, written like m/44'/0'/0'/0/5. BIP 44-style paths separate purpose, coin, account, receive or change, and index. The seed itself does not record which path a wallet used.

Difficulty adjustment

#Bitcoin & Lightning

Bitcoin's automatic retarget every 2,016 blocks: if those blocks came faster or slower than two weeks, the target changes so blocks average about ten minutes apart. The metrics page shows mempool.space's figure, not its own calculation.

E

F

Frontend (vs protocol)

#DEX

The website or app that reads on-chain data and builds transactions for a wallet to sign. The protocol is the deployed contracts that enforce the rules; whoever controls the frontend's code, hosting or domain can change what it prepares.

G

H

Hardware wallet

#Self-custody

A dedicated device that holds private keys and signs transactions, showing destination and amount on its own screen, which the host computer cannot rewrite. It cannot stop you approving a wrong address you pasted.

I

J

K

L

LNURL-pay

#Bitcoin & Lightning

A protocol (LUD-06) where a static link or QR code points to a web service that mints a fresh BOLT 11 invoice for each payment. That HTTPS or Onion host joins the trust path and can refuse or go dark.

M

MCP (Model Context Protocol)

#Local AI

An open protocol connecting AI hosts to servers that expose tools, resources and prompts. Clients trust the servers they connect to: a local MCP server runs with the client's privileges, so adding one is like installing software.

Metadata

#Privacy

Information around a message or payment rather than its content: who connected, from which IP address, when, how much and how often. Encryption usually protects content, while metadata can still link activity.

Monero

#Privacy

A cryptocurrency whose ledger hides recipients and amounts by default and gives senders probabilistic cover, using stealth addresses, RingCT and ring signatures. Holders can disclose chosen details with view keys or payment proofs; network privacy is separate.

Multisig

#Self-custody

A script needing signatures from a set number of keys in a group, such as 2 of 3. It removes the single-key point of failure but adds coordination; restoring it needs the descriptor with every cosigner's key, not one seed.

N

NIP-01

#Nostr

The base Nostr specification: the event format, how ids and Schnorr signatures are computed, how clients and relays exchange messages over WebSocket, and the kind ranges (regular, replaceable, ephemeral, addressable) that decide what relays keep.

NIP-65 outbox model

#Nostr

A client routing rule built on relay lists (NIP-65): read a user's posts from the relays they write to, and deliver posts that mention them to the relays they read. It aids discovery but fails quietly when lists go stale.

O

Output descriptor

#Self-custody

A text string (BIP 380) naming a wallet's script type, keys or xpubs, derivation steps and optionally a checksum, so different software derives the same addresses. It backs up the wallet definition a seed phrase leaves out.

P

Pay-once storage

#Autonomi

Autonomi's payment model: one payment when content is written, with no recurring storage charge and no fee to read. Each new version is a new payment. Paying never grants access; private content still needs its Data Map.

Prompt injection

#Local AI

Input that changes a model's behaviour in ways its operator did not intend. It often arrives indirectly, through a web page, document, tool result or message the model reads, and running the model locally does not make it immune.

Public vs private upload

#Autonomi

Two ways to make Autonomi chunks retrievable. A public upload stores the Data Map on the network, so anyone with its address can rebuild the content; a private upload leaves it with the uploader, and losing it loses access.

Q

Quantisation

#Local AI

Storing a model's weights at lower numeric precision so it needs less memory and can run faster on modest hardware. It can cost some accuracy, and a quantised file is a different artefact, with its own hash.

R

Relay (Nostr)

#Nostr

A server that accepts, stores and serves Nostr events over a WebSocket. Each relay sets its own policy on what it keeps or refuses; it is a source, not an authority, and sees what clients ask for.

S

T

Taproot

#Bitcoin & Lightning

A Bitcoin output type (P2TR, BIP 341) spent either with one Schnorr signature (BIP 340) for its key, or by revealing one script from a committed tree (BIP 342). Descriptors write it tr(KEY); BIP 137 signing cannot cover it.

Trust boundary

#Local AI

The line between what you control and what you must trust others to handle. For local AI it is the sum of what the setup can reach (model endpoints, tools, files, browsers, plugins), not where the weights sit.

U

Unlinkability

#Privacy

The property that an observer cannot tell whether two actions, addresses or payments belong to the same person. Stealth addresses and subaddresses give recipients this against outsiders, but shared keys, consolidation or reused habits can break it.

V

Verify before trust

#Self-custody

CryptoDecentral's term for checking software, addresses and assumptions before relying on them: verifying downloads, comparing every character of a destination on a trusted screen, and testing recovery. Without it, self-custody is a slogan.

W

Watch-only wallet

#Self-custody

A Bitcoin wallet holding only public material, such as an xpub or public descriptor, so it can track payments and build unsigned transactions but cannot spend. Whoever holds that material can see every address it covers.