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A decentralized digital ledger that records transactions across many computers so that the record cannot be altered retroactively. It ensures transparency and security in online transactions.

A digital wallet that allows users to store and manage their cryptocurrencies. Wallets are essential for both customers and merchants in the execution of cryptocurrency transactions.

A self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. It automates and enforces contractual obligations, reducing the need for intermediaries.

A fundraising mechanism similar to an IPO where new projects sell their underlying crypto tokens in exchange for bitcoin or ether. This can significantly impact funding for e-commerce startups.

A blockchain-based form of finance that does not rely on central financial intermediaries. It leverages smart contracts on blockchains, potentially reducing fees and increasing accessibility for e-commerce businesses.

The process of validating transactions and adding them to the blockchain ledger. Mining involves complex computations and is crucial for the maintenance and security of cryptocurrency networks, affecting transaction costs and times.

The pseudonymous person or group of people who created Bitcoin. The philosophy and technology introduced by Satoshi have heavily influenced the integration of cryptocurrencies in online transactions.