Decentralized Exchange (DEX)

A trading platform that doesn't hold users' funds for them and doesn't require them to deposit money in order to start trading. Users trade straight from their own wallets instead.

Pair

Exchange cryptocurrencies with each other, like the trading pair BTC/ETH.

Governance Token

Developers design governance tokens to let token holders influence the direction of a protocol.

Encryption

Information can be converted into code using encryption, which conceals the true meaning of the data.