Glossary
The words used in the guides, explained in plain language. If a guide uses one you do not understand, it is here.
- Wallet
- Where you keep and move your coins. The coins are not really inside your computer or phone: they are recorded on the Kadena network. What the wallet keeps are the keys that let you move them.
- KDA
- The coin of the Kadena network.
- Gas
- The small fee the network charges for every transfer, paid in KDA. It is pennies, but with no KDA at all nothing can be moved.
- Non-custodial
- Only you hold the keys, not a company. Nobody can freeze your money, but nobody can give it back if you lose the keys either. Koberlet works this way.
- Recovery phrase (seed)
- 12 words that are the master key to your wallet. With them the whole wallet can be rebuilt on any device. Whoever has them has your money.
- Vault
- The encrypted file where Koberlet keeps your keys on your device.
- Password
- The one you choose to open the vault. It only works on that device and nobody else knows it, not even Koberlet.