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Top 100 Blockchain Glossary Terms — Plain English Definitions for Business Leaders
The 100 blockchain and crypto terms that appear most frequently in business discussions — defined without jargon, with practical examples.
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Address
A unique alphanumeric identifier (starting with 0x on Ethereum) that represents a wallet or smart contract on the blockchain. Like an email address — anyone can send assets to it; only the key holder can authorize transactions from it.
AML (Anti-Money Laundering)
A set of regulations and procedures designed to prevent the use of crypto for money laundering. US crypto exchanges must implement AML programs under the Bank Secrecy Act.
AMM (Automated Market Maker)
A type of decentralized exchange that uses a mathematical formula (instead of an order book) to determine prices. Uniswap is the largest AMM.
Audit (smart contract)
An independent security review of smart contract code. The auditor checks for vulnerabilities, logic errors, and deviations from the specification. Required for any contract handling user funds.
Blockchain
A distributed ledger where transactions are recorded in cryptographically linked blocks. No single entity controls the record. Immutable once written.
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The 100 blockchain and crypto terms that appear most frequently in business discussions — defined without jargon, with practical examples.
Address
A unique alphanumeric identifier (starting with 0x on Ethereum) that represents a wallet or smart contract on the blockchain. Like an email address — anyone can send assets to it; only the key holder can authorize transactions from it.
AML (Anti-Money Laundering)
A set of regulations and procedures designed to prevent the use of crypto for money laundering. US crypto exchanges must implement AML programs under the Bank Secrecy Act.
AMM (Automated Market Maker)
A type of decentralized exchange that uses a mathematical formula (instead of an order book) to determine prices. Uniswap is the largest AMM.
Audit (smart contract)
An independent security review of smart contract code. The auditor checks for vulnerabilities, logic errors, and deviations from the specification. Required for any contract handling user funds.
Blockchain
A distributed ledger where transactions are recorded in cryptographically linked blocks. No single entity controls the record. Immutable once written.