Wallets & Security glossary
Keys, seed phrases and wallet approvals. Get the language behind self-custody, the prompts you sign and common security risks.
Smart account
An account with programmable rules for authorizing and carrying out actions.
Smart contract audit
A scoped security review of smart-contract code and the assumptions around it.
Social recovery
A wallet design in which designated guardians help restore or change account access.
Token approval
Permission for a specified spender to move tokens under the token contract's rules.
Transaction simulation
A preview of transaction execution against a chosen blockchain state before the transaction is settled.
Unlimited approval
A token-spending permission set to a very large allowance rather than the amount needed for one action.
Wallet
Software or hardware that manages blockchain accounts and helps authorize transactions.
Watch-only wallet
A wallet that monitors addresses or public derivation data without holding their spending keys.
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