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Crypto Glossary
Every term used across this site, defined in plain English.
- Auto entry
- A slot purchased using payments from your cycle at the slot below, rather than from your own funds.
- BEP-20
- The token standard used on BNB Smart Chain. Sending a BEP-20 token to a non BEP-20 address usually loses it.
- Bitcoin
- Digital money that works without a bank, created by Satoshi Nakamoto and running since 2009. Supply is capped at 21 million, and it was the first cryptocurrency.
- Blockchain
- A shared, permanent record kept in identical copies by many computers at once.
- BNB
- The coin used to pay transaction fees on BNB Smart Chain.
- BNB Smart Chain
- A Blockchain that runs smart contracts. Where the Bitcoin Wealth contract is deployed. Explorer: bscscan.com.
- BTCB
- Binance-Peg Bitcoin. A BEP-20 token issued by Binance on BNB Smart Chain, backed 1 to 1 by Bitcoin held in Binance custody, with reserve addresses published. Not the same as Bitcoin on its own network.
- Contract address
- The unique on-chain location of a smart contract, viewable on a block explorer such as bscscan.com.
- Cycle
- One completion of a matrix: fourteen positions filled, fourteen payments distributed.
- Downline
- Members positioned beneath you in the matrix.
- Gas
- The fee paid to the network to process a transaction. On BNB Smart Chain gas is always paid in BNB, never in BTCB or USDT.
- Halving
- The scheduled cut, roughly every four years, in the reward paid to Bitcoin miners. It slows the rate at which new Bitcoin is created.
- Matrix
- The seating plan and payout logic coded inside the smart contract.
- Mining
- The process of running computers to validate Bitcoin transactions. Miners receive newly created Bitcoin as a reward.
- Recycle
- Automatic re-entry into the same slot after your matrix fills, so it can pay again.
- Royal Pool
- A pool funded by position 4 of every subsequent cycle. A member explanation says it pays slot 3 qualifiers monthly, on the last day, to those qualified by the 21st.
- Satoshi
- The smallest unit of Bitcoin. One Bitcoin divides into 100 million satoshis, so 0.001 BTC is 100,000 sats.
- Satoshi Nakamoto
- The name used by the unknown person or group who published the Bitcoin design in 2008 and launched the network in 2009.
- Seed phrase
- The twelve words that control a self-custody wallet. Anyone who has them controls the funds.
- Self-custody
- Holding your own crypto with no company able to freeze, restore, or access it.
- Slot
- One of twelve purchasable tiers, doubling in price from 0.001 BTC to 2.048 BTC.
- Smart contract
- A program stored on a Blockchain that runs automatically when interacted with.
- Spillover
- Positions in your matrix filled by members you did not personally introduce.
- Upline
- The member positioned above you in the matrix.
- Vow Unity
- The name the deck gives to its matrix engine.
- Wallet address
- The public identifier you share to receive crypto, beginning with 0x on BNB Smart Chain. Safe to share, unlike your seed phrase.
Check it against the source
Terms used across this site, which draws on the programme's own presentation. Read the original for yourself rather than taking this site's word for it.