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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

© 2026 BIBIBI

Glossary

Terms50 shown

AirdropA method of distributing digital assets free of charge to members of the public who meet conditions such as holding assets or demonstrating address activity.
AltcoinGenerally refers to Bitcoin other than Altcoin, and in the broad sense also often includes digital assets that are technically tokens.
Atomicals ProtocolAn open-source system for creating UTXO static or dynamic digital objects on blockchains that adopt the model.
BTCThe abbreviation commonly used for Bitcoin when referring to it as a digital currency.
BlockchainA decentralized digital ledger that records cryptocurrency transaction information in chronological order.
Central bank digital currencies (CBDCs)A digital currency issued by a government that represents the digital form of a country’s legal tender.
CoinA cryptocurrency or digital cash that operates independently of other platforms and can be used to exchange value.
CryptocurrenciesDigital currencies that operate on decentralized networks and can be used for payments or as a store of value, such as Bitcoin and Ether.
Digital AssetAn item that exists in digital form, has value or utility, and can be owned and transferred.
Digital signaturesA cryptographic signature used to confirm that the sender actually controls the funds they intend to spend.
Fan TokensBlockchain-based digital assets created by sports teams, clubs, or brands to enhance fan engagement and provide specific benefits.
HarmonizeMetaco’s institutional digital asset custody platform, which helps manage transactions, maintain audit records, and meet regulatory requirements.
ICOA token or digital asset distribution activity in which participants typically need to use another coin or token to purchase the offered asset.
NFTRepresents a non-fungible token for a unique digital asset and can be used to represent ownership of the digital asset.
NFT Mystery BoxesA digital collectible whose contents are unknown before opening and that randomly contains several NFT Mystery Boxes NFT internally.
Non-Fungible Token (NFT)A type of crypto token that represents unique digital assets or real-world assets and is not interchangeable with another.
Non-fungible tokens (NFTs)A unique digital token representing ownership of a specific project, which may correspond to digital artwork, collectibles, or in-game assets.
Offline Signing Orchestrator (OSO)An offline signing technology for digital asset cold storage that reduces the risk of human error and unauthorized access through automation and security controls.
Proof of Attendance Protocol (POAP)A protocol that uses blockchain to create digital badges and record attendance at specific events; it also refers to the badges themselves.
RSA Key pairAn encryption mechanism composed of a public key and a private key, which can be used to protect communications, encrypt data, and create or verify digital signatures.
TokenA digital unit of value recorded on a blockchain that can represent an asset, utility, or access right within a specific ecosystem.
TokensDigital units issued on a blockchain that can be used to access products or services, represent rights to real-world assets, or grant voting rights in protocol governance.
Web 3.0An internet concept generally associated with ideas such as blockchain, decentralization, and users owning their data and digital assets.
Web3A vision that emphasizes user control over digital identities, data, and assets, and uses technologies such as blockchain to build open internet services.
blockchainOn-chain technology used to secure digital records and asset information.
crypto walletA tool used to access blockchain-based digital assets and store the private keys required to authorize transactions. It can be classified as custodial or non-custodial.
dapp (decentralized application)An application typically built on a public blockchain, often using a connected digital wallet for login and interaction.
Proactive verification service (AVS)A method of continuously monitoring and verifying digital services to identify issues early and maintain system security, performance, and reliability.
InternetThe Internet is a global network connecting computers, enabling digital information to be rapidly transmitted and shared.
TokenizationThe process of converting a physical asset into digital form or a token to represent its value and ownership.
Token StandardA set of rules, protocols, and specifications governing how digital tokens operate and interact on a specific blockchain.
Traditional NFTTokens typically minted on smart contract-enabled blockchains to represent digital items and potentially link to off-chain metadata.
Public keyThe key in a key pair that is available to the recipient and is used to verify the validity of the sender’s digital signature.
Public-key cryptographyA cryptographic mechanism that uses mathematically related public and private keys to perform encryption or digital signature operations.
CryptocurrencyA digital currency protected by cryptography that can be used to transfer value or conduct transactions over digital networks.
Decentralized exchange platform (DEX)A platform protocol that enables users to trade digital assets without intermediaries.
Double spendingThe issue of using the same digital asset more than once; Satoshi consensus prevents this by confirming valid transactions.
Double-spending problemThe risk of using the same digital asset more than once; blockchain prevents this by continuously validating transactions.
Double-spending problemThe double-spending problem is the risk that the same digital currency may be copied or paid more than once, thereby undermining the credibility of the ledger.
Mutant Ape Yacht Club (MAYC)By Yuga Labs in 2021 launched in, comprising 20,000 items NFT digital collectibles, is an extension of the BAYC ecosystem.
HashingUsing an algorithm to convert data into a fixed-size hash value or message digest, creating a digital fingerprint that facilitates verification.
AddressA text string used to identify the location of a wallet or account on a blockchain and to send and receive digital assets.
MicrotransactionA small-value digital purchase or financial transaction; in blockchain contexts, it generally refers to frequent, low-value transactions conducted using cryptocurrency.
Utility tokenA digital asset tied to a specific platform, service, or application, primarily used to provide access to products or services.
DigitizationDigitization is the process of encoding information in digital form; such information is typically easy to copy and transmit.
Digital signatureA cryptographic mechanism used to verify the source and integrity of messages and authorize transactions; it cannot by itself prevent double spending.
Bitcoin StampsA form of digital art that Bitcoin encodes digital art data into Bitcoin through the Stamps protocol UTXO and permanently records it on the blockchain.
Bull marketA market phase characterized by a substantial increase in digital asset prices and increasingly euphoric market sentiment.
Red PacketA tool for digitally sending crypto assets to contacts or groups in chat.
PhishingAn attack that impersonates legitimate services and harvests login credentials, personal information, seed phrases, and other sensitive data through fake websites or messages.

Definition

Utility token

A digital asset tied to a specific platform, service, or application, primarily used to provide access to products or services.

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