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Hardware Wallet

Hardware Wallet — a portable gadget that stores your assets and private keys (critical piece of information used to allow transactions on the blockchain network) safely. It usually looks like a flash drive that connects a hardware wallet to your computer’s USB port, and then you install a wallet with it. Some of the most trustable hardware wallets are Ledger and Trezor.

Related Words

Halving

Halving is one of the most expected events for Bitcoin. That’s a process of halving the rewards of mining Bitcoin (BTC) after around 210,000 blocks are already mined. As a rule, it takes around four years. Halving is to ensure that the number of Bitcoin in circulation does not increase proportionally.

Hodl

Hodl stands for "hold". According to Internet gossip, a crypto enthusiast once was drunk and he typed “Hodl” on an Internet chat forum instead of a correct “Hold”, explaining to other investors why not to sell crypto. The idea behind Hodl is that Bitcoin’s price will be even higher, regardless of huge dips. Everything you need to do is to hodl your horses. Read the article to learn even more about a hodling strategy. 

Hash Rate

A hash rate is the overall computational power used by a PoW cryptocurrency network to make transactions. A high hash rate is a marker of how secure and robust a network is because it shows numerous miners are verifying transactions. Hash rates are counted by the number of calculations per second, which can be as high as the quintillions.