Research · Trading Glossary
Trading Glossary
Plain-English definitions of the trading terms that start with K.
K
- Keccak-256
- The hash function used throughout Ethereum, including for address derivation and function selectors.
- Keeper / Automation Network
- A service triggering contract functions when predefined conditions are met, since contracts cannot self-execute.
- Key Ceremony
- A formal, documented, and witnessed procedure for generating and distributing critical keys.
- Key Pair
- A matched private and public key.
- Keystore File
- An encrypted file containing a private key, unlocked with a password.
- Know Your Business (KYB)
- Equivalent verification for corporate customers, including beneficial ownership.
- Know Your Customer (KYC)
- The process of verifying a customer's identity before providing services.
- Know Your Transaction (KYT)
- Ongoing monitoring and risk scoring of blockchain transactions.
- KZG Commitment
- A polynomial commitment scheme used in Ethereum's blob transactions and in several ZK systems.