Glossary

Permit is an EIP-2612 function that sets a token allowance from a signed message, so approval…

An allowance is the maximum amount of a token a spender contract is permitted to move…

A token approval is an on-chain permission letting a smart contract move a specified amount of…

Cold storage means keeping private keys entirely offline, on a device or medium never exposed to…

A hot wallet is a wallet whose private keys are held on an internet-connected device, offering…

A hardware wallet is a dedicated device that keeps private keys offline and signs transactions internally,…

A crypto wallet is software or hardware that stores your keys and signs transactions; it does…

A seed phrase is a list of ordinary words that backs up a wallet and can…

A public key is derived from a private key and can be shared safely; it lets…

A private key is the secret number that authorises spending from a crypto address; anyone who…