Crypto Wiki

Censorship resistance refers to a system’s ability to function without interference or control by centralized authorities, ensuring that transactions or data cannot be blocked, altered, or removed by external forces. 

A black swan event refers to a rare and unexpected occurrence that has a significant impact on the market or an industry. 

A black hat hacker is a cybercriminal who exploits vulnerabilities in computer systems, including those in blockchain networks, with malicious intent.

Bits are a smaller unit of measurement for Bitcoin. Each Bitcoin is divisible into 100 million units, called satoshis. One bit is equivalent to 100 satoshis or 1 millionth of a Bitcoin.

A block is a data structure in blockchain technology that stores a batch of transactions, which have been validated by the network's consensus mechanism.

A blockchain explorer is an online tool or application that allows users to view and search the blockchain’s public ledger. 

A Bitcoin Improvement Proposal (BIP) is a formalized proposal for making changes to Bitcoin’s software or protocol. 

Bitcoin halving is an event that occurs approximately every four years, reducing the reward miners receive for validating transactions by 50%. 

Bitcoin Cash (BCH) is a cryptocurrency that emerged from a hard fork of Bitcoin in 2017. 

A Bitcoin ATM is a physical machine that allows users to buy or sell Bitcoin using cash or credit cards.