The term smart contract was first used by Nick Szabo in 1997, long before bitcoins were created, he is a computer scientist and cryptographer, so I will spare you his exact words. But more simply: He wanted to use a distributed ledger to store contracts.
CRYPTO WALLET
A cryptocurrency wallet is an application that serves as your crypto wallet. It is known as a wallet as it is used similarly to a wallet you put your cash and cards in. Instead of holding these physical objects, it keeps the passkeys you use to sign up for your cryptocurrency transactions.
BLOCKCHAIN TECHNOLOGY
A blockchain is distributed information that is shared among the nodes of a network. As a piece of information, a blockchain stores information electronically in digital format.
CRYPTOCURRENCY MINING
Bitcoin and numerous other cryptocurrencies employ the mining process to create a new currency and validate fresh transactions.
CRYPTOCURRENCY
Cryptocurrency is a form of digital currency that involves a mechanism for issuing and transferring money. This money is usually generated outside of the issuing government but can be created within that jurisdiction.
