GLOSSARY
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Cryptocurrency
A digital internet currency secured by cryptography, used as a medium of exchange within a network of computers around the world.
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Blockchain
A growing database of transaction records organized in chronological order.
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NFT
(Non-fungible Token) A type of cryptographic token that represents a unique digital or real-world asset and isn’t interchangeable. KIRA creates collectors NFTs.
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Wallet
An application used to access, send and receive cryptocurrencies, and interact with the blockchain.
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Seed Words
Seed words (or seed phrase) is a secret collection of words that can be used to access your cryptocurrency wallet. Do not give anyone your seed words!
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Private keys
A secret number that is used to encrypt and decrypt sensitive data. Do not give anyone your private key!
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MetaMask
A wallet used to send and receive cryptocurrency and interact with the blockchain.
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Address
A string of text that behaves like an address in the real world. You send and receive cryptocurrency to an address.
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DEX
(Decentralized Exchange) Non-custodial trading of cryptocurrency without the need for an intermediary.
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P2P
(Peer to Peer) A network of computers that can share files and workloads.
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Gas
A pricing mechanism blockchains use to calculate transaction fees.
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Airdrop
A method of distributing cryptocurrency to wallet addresses for marketing purposes.
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Security Audit
A systematic evaluation of how safe a cryptocurrency is from technical attacks or failures.
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Sushi.com
A decentralized exchange that KIRA uses exclusively.
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Token
A cryptocurrency with a wider range of functionality defined by the project.
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ERC-20
The technical standard tokens use to build on Ethereum