Key Terms in Crypto

Rufus Wright
3 min readAug 12, 2019

Terms like Token, Coin, cryptocurrency, ledger, and blockchain are thrown around a lot, and I have found an enormous amount of confusion surrounding these terms. Following are some key definitions of various Crypto related terms which have been fairly well agreed upon within the industry. All of these definitions are based on my observations and experiences working in this space since 2015. This is an evolving industry and things are always changing, so I will try to keep this post updated as the landscape evolves. As always please feel free to post replies and I am always happy to hear about how or why anyone thinks I…

Rufus Wright

CEO of Crypto Caverns LLC.