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Glossary

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A

Authentication

The process of verifying the identity of a user typically through a username and password. On blockchains, authentication is done using a private key in order to prove ownership of a blockchain address

H

Hardware Wallet

A physical device used to store private keys offline

M

Multi-party computation (MPC)

A framework that splits critical security codes, known as private keys, across several locations rather than storing them in one place

P

Paper Wallet

A physical piece of paper containing a private key or seed phrase

Private Key

A secret key that gives you access to your wallet and must be kept safe

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