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We know that among our readers there are those who do not fully understand the insides of cryptocurrencies and are just starting their journey. Yeah, greetings to you, dear newcomers. Today we prepared for you a small dictionary of frequently used terms and abbreviations with brief explanations in a very simple language. The list contains both important concepts and comic ones (which we all also use,why not). This collection will be divided into several parts, this is the first one, about cryptocurrencies and blockchain. Dear experienced blockchain and cryptocurrency users, forgive us for some simplifications, we want to make life of less

A smart contract is computer code with a set of rules that are executed when certain conditions occur. This happens automatically, without human involvement and without trust between the two participants of the transaction. But what happens if a developer accidentally or intentionally makes a mistake in a smart contract? Participants lose their money. At the same time, typical critical errors in smart contracts are usually detected by automatic analyzers. But when we want to check the high-level logic of smart contracts and the compliance of the rules with the stated goals, this requires a rather complex audit involving specialists who