🔑Terms used

Glossary of terms used in the white paper

1. Cryptocurrency - A digital or virtual currency that uses cryptography for security and operates independently of a central bank.

2. Blockchain - A digital ledger of all cryptocurrency transactions that is decentralized, secure, and immutable.

3. Anonymous Bridge - A tool that enables users to move their digital assets between different blockchains while maintaining a high level of privacy and anonymity.

4. Anonymity - The state of being anonymous or unidentifiable, especially in online or financial transactions.

5. Delay Period - The period of time during which the PWRCASH Anonymous Bridge waits before delivering the digital assets to the recipient wallet, in order to improve privacy and security.

6. Encryption - The process of encoding information to make it unreadable to anyone except those who have the key or password to decrypt it.

7. User-friendly - Easy to use and navigate, without complicated menus or tools.

8. Cross-Chain Swaps - The exchange of one cryptocurrency for another between two different blockchains.

9. Centralized Exchange - A cryptocurrency exchange that operates under a centralized authority or company.

10. Cryptography - The practice of securing communication from third-party interference, through the use of mathematical algorithms.

11. Personal Information - Any information that can be used to identify an individual, such as name, address, phone number, email, or financial data.

12. Security - The measures taken to protect assets, including digital assets, from unauthorized access or theft.