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cryp·to·cur·ren·cy | kriptōˌkərənsē
a digital currency of transactions, verified & recorded by a decentralized computing system
bit·coin | bitˌkoin
a popular type of cryptocurrency where transactions are recorded by computers that operate independently of a central bank
e·ther·e·um | ē,thirēəm
a type of cryptocurrency, a business platform, with a programming language, for developers to build & run distributed applications (note: niftykit uses ethereum—not bitcoin)
block·chain | bläkˌCHān
a record of cryptocurrency transactions, maintained across several computers, linked by a peer-to-peer network
non-fung·i·ble to·kens | nän,funjb(ə) tōkən
a unique digital token (aka NFT) that can be verified and thus not swapped or replaced by some other like-token within the blockchain