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Public address
A public bitcoin address is a cryptographic hash of a public key. A public address typically starts with the number “1.” Think of a public address like an email address. It can be published anywhere and bitcoin can be sent to it, just like an email ...
Public key
A string of letters and numbers that is derived from a private key. A public key allows one to receive Bitcoin.
Ledger
A physical or electronic log book containing a list of transactions and balances typically involving financial accounts. The Bitcoin blockchain is the first distributed, decentralized, public ledger.
Block chain, blockchain
The Bitcoin blockchain is a public record of all Bitcoin transactions. You might also hear the term “public ledger” to describe it. The block chain shows every single record of bitcoin transactions in order, dating back to the very first one. The ...
Price Point
A price point is the suggested retail price of a product, and it is determined in a way that competes with prices of other products. A product may be introduced with a specific price point, but the price may be altered depending on current demand and ...