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The Crypto Dictionary
The Crypto Dictionary
The world of cryptocurrency with The Crypto Dictionary: your go-to guide for clear, concise definitions of crypto terms and concepts.
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Unit of Account
In the context of cryptocurrencies, a unit of account refers to the function of a digital currency to serve as a standard measure of value for goods, services, assets, or debt within an economy.
URI Schemes
Cryptocurrency URI schemes are used to define a standard way of identifying and interacting with resources like cryptocurrency addresses, transactions, or payment requests.
User Interface (UI)
In blockchain technology, ‘user interface’ (UI) typically refers to the graphical or visual elements through which users interact with a cryptocurrency platform, wallet, or decentralised application (dapp). UI plays a crucial role in providing a user-friendly experience.
Utility Token
Utility tokens are a type of cryptocurrency that has specific use cases within a blockchain network ecosystem.
UTXO
UTXO is an abbreviation for ‘unspent transaction output’, which represents the remaining balance of digital currency following a cryptocurrency transaction.
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