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1hr

1hr refers to one hour cryptocurrency trading data: data that utilizes information from a one hour period, usually from the previous hour at the time of querying the data.

Full definition of 1hr

24hrs

24 hrs refers to a time frame depicting data for a period of 24 hours. It is used in technical analysis to analyze data such as price movements, volume, and open/close prices. It is also sometimes written as 1D on some popular exchanges. 24hrs is primarily used in price data history, usually depicted on line...

Full definition of 24hrs

30d

30D refers to cryptocurrency data spanning a period of one month. 30D is an abbreviation for 30 days, which is used on trading platforms and cryptocurrency exchanges to depict data over the past 30 days. This data may provide insight into trading info such as trends and market patterns, to help make long-term informed trading...

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51% Attack

1% attack happens when a single miner or group of miners hold the majority mining power of a blockchain's hash power or computational power, allowing them to control the network.

Full definition of 51% Attack

7d

7D refers to one-week cryptocurrency trading data: data that utilizes information from a one-week period, usually from the previous week at the time of querying the data. This data can provide a variety of metrics including price movement, number of participants buying or selling, and even inflow numbers of money onto and off of popular...

Full definition of 7d

A

Adam Back

Adam Back, is a UK cryptographer who created the Hashcash mining algorithm used in the Bitcoin network. He is the CEO of Blockstream, the company which hires the majority of active Bitcoin Core (BTC) developers.

Full definition of Adam Back

Address

A cryptocurrency address is a unique set of characters or figures that represents a wallet which is used to send and receive cryptocurrencies. An address indicates the location of a particular wallet on the blockchain.

Full definition of Address

Algorithmic Trading

Algorithmic Trading (or simply Algo-trading) refers to automating buy and sell orders by utilizing programs developed to make trades depending on a specific market condition.

Full definition of Algorithmic Trading

All or None Order (AON)

An all or none order (AON) is a type of order in financial markets which must be executed fully at the specified price. An AON does not accept partial filling of the order; it needs full execution.

Full definition of All or None Order (AON)

Alpha Testing

Alpha Testing refers to the initial stage of the software development cycle, which involves testing software or product internally before any exposure to the public.

Full definition of Alpha Testing

Alphanumeric

An alphanumeric entity simply consists of both numbers and letters. It could represent a combination of lower-case letters, upper-case letters, and numbers.

Full definition of Alphanumeric

Altcoin Trader

An altcoin trader refers to a cryptocurrency trader who actively invests in altcoins, meaning cryptocurrencies other than Bitcoin.

Full definition of Altcoin Trader

Anarcho-Capitalism

Anarcho-capitalism is a political philosophy that encourages the removal of a centralized state in favour of of individual ownership, private property, and free markets in an almost Darwinian-style society that abandons those who cannot care for themselves.

Full definition of Anarcho-Capitalism

API

An application programming interface (API) is a code that allows two applications to exchange information.

Full definition of API

Aping In

“Aping In” is internet slang for when inventors jump in on an investment, probably for far too much and without really understanding what they are doing. Simmler, in a sense, to the phrase “going ape.” History The origins of this phrase come from a few different places. On one level, the phrase “go ape” is...

Full definition of Aping In

Arbitrage

Arbitrage is a practice where traders take advantage of inefficiencies in the market by rapidly buying and selling the same asset in two different markets (or exchanges).

Full definition of Arbitrage

Artificial General Intelligence (AGI)

Artificial General Intelligence describes a hypothetical type of AI that is capable of matching human intelligence or, someday, even surpassing it. The exact origin of this phrase is a little hard to pin down, being a natural follow-on from John McCarthy’s phrase “artificial intelligence.” However, it has been noted that the phrase likely reemerged into...

Full definition of Artificial General Intelligence (AGI)

Artificial Intelligence/ Machine Learning

AI, or artificial intelligence, is a broad field of computer science that refers to the creation of technology that is capable of learning, problem-solving, and input interpretation. ML, or “machine learning,” refers to the application of that AI. AI The term AI was first used in 1956 at a lecture by John McCarthy, a computer...

Full definition of Artificial Intelligence/ Machine Learning

ASIC

ASIC, an acronym for Application-Specific Integrated Circuit, is a circuit created for one specific purpose. In crypto, the purpose is typically to mine cryptocurrency.

Full definition of ASIC

ASIC Resistant

A coin is considered ASIC-resistant if it can be mined without using ASIC miners (Application-specific Integrated Circuits).

Full definition of ASIC Resistant

Ask Price

The ask price is the minimum price or the selling price that a seller is willing to take for the digital asset they will part with.

Full definition of Ask Price

Atomic Swap

Atomic swaps are smart contract systems that allow users to exchange different crypto assets. They make it possible for assets based on two different blockchains to interchange without involving many 3rd party processes.

Full definition of Atomic Swap

Automated Market Maker

An automated market maker is a system used to power a decentralized crypto exchange (DEX). The automatic systems removes the need for manual market-making.

Full definition of Automated Market Maker

B

Back Testing

Back Testing is the act of applying your investment strategy to historical data/market trends to test its viability. What is Backtesting? Despite what the people at WallStreetBets have to say on the matter, a good investment strategy is about patience, planning, and research. Markets often repeat themselves when expressed under similar conditions Supply, demand, and...

Full definition of Back Testing

Backend

Backend often refers to the part of a functional application or service that is not accessible to users.  For example, the Twitter homepage is the “front end” of the service that users interact with. The back end of the service can include everything from server maintenance, routers, moderation, and the actual software development of the...

Full definition of Backend

Bank for International Settlements

The Bank for International Settlements (BIS) acts as the “central bank for central banks.” It oversees financial operations and international cooperation and fosters financial and monetary stability by creating a forum of central banks of countries. Based in Switzerland, the BIS offers a wide range of services for its members. Aside from overseeing financial operations,...

Full definition of Bank for International Settlements

Bear

A bear is someone who has a negative outlook on a financial market, expecting that prices are about to drop.

Full definition of Bear

Bear Trap

A bear trap is a market pattern that occurs when the asset price breaks suddenly below the support level, only to reverse immediately.

Full definition of Bear Trap

BEP-20

BEP-20 is a token standard for the Binance Smart Chain. EP-20 has an increased focus on cross-chain compatibility, improved optimization, and better protocol design compared to the ERC-20 standard. The BEP-20 maintains complete compatibility with both the ERC-20 and the BEP-20. 

Full definition of BEP-20

Beta (Release)

Beta is the second stage involved in the software development lifecycle. After the alpha release, which generally involves preliminary and elementary development concerns, the software is considered ready for the Beta stage (or the beta test).

Full definition of Beta (Release)

Binance Community Vote

Binance Community Votes were a series of events in which Binance users (who held the BNB utility token) were able to vote for which token they would like to see listed next on the Binance exchange.

Full definition of Binance Community Vote

Binance Labs

Binance Labs is a crypto-investment project that is geared towards aiding the growth of blockchain technology projects.

Full definition of Binance Labs

Bitcoin

Bitcoin is an open source, decentralized peer-to-peer network where users can send and receive the native cryptocurrency, Bitcoin (BTC). The blockchain was launched in 2009 and developed by the pseudonymous Satoshi Nakamoto. Bitcoin introduced the idea of cryptocurrencies to the world and thousands of cryptocurrencies have been launched in its wake. Bitcoin is an open-source,...

Full definition of Bitcoin

Bitcoin ATM

Bitcoin ATMs (or BTMs) are automated teller machines that allow you to trade fiat money (such as dollars) for Bitcoin and vice versa in person. 

Full definition of Bitcoin ATM

Bitcoin Core

Bitcoin Core is the name of the software that allows users to connect and interface with the Bitcoin network. It was created and released by Bitcoin's pseudonymous founder Satoshi Nakamoto in 2009.

Full definition of Bitcoin Core

Bitcoin Dominance

Bitcoin is the world’s biggest cryptocurrency by market capitalization (market cap) and holds a large percentage of the trading volume in the cryptocurrency markets.

Full definition of Bitcoin Dominance

Bitcoin Improvement Proposal (BIP)

A bitcoin improvement proposal is a standard set in the bitcoin protocol to propose possible network changes. The changes could involve how the network functions or the processes therein. 

Full definition of Bitcoin Improvement Proposal (BIP)

Bitcoiner

A bitcoiner is anyone who ideologically supports the concept of Bitcoin and believes the project will succeed.

Full definition of Bitcoiner

Bitcointalk

Bitcointalk is a popular online forum that was created in 2011 for Bitcoin enthusiasts to meet and talk about the emerging technology.

Full definition of Bitcointalk

Black Swan Event

A Black Swan event is an event that was unpredictable because it had not happened in the past. The expression was coined by Nassim Nicholas Taleb, a financial analyst and risk manager, to describe a high-impact and unexpected event that could not be easily predicted by traditional means.

Full definition of Black Swan Event

Block Header

A block header is used to recognize a particular block among the entire blocks on a blockchain. It is hashed continually  to create proof of work for mining rewards.

Full definition of Block Header

Blockchain

A Blockchain is a type of distributed database used to store data electronically on a computer system. Blockchain networks are often accessible to the public, although once a piece of information is recorded in a public blockchain, nobody can alter it.

Full definition of Blockchain

Blockchain 3.0

Blockchain 3.0 is an upgrade of blockchain and distributed ledger technologies targeted at fixing its fundamental issues with the aim of global and other industry-specific adoption.

Full definition of Blockchain 3.0

BNB

BNB is a utility token created by the Binance exchange in 2017. It is predominantly used to pay for trading fees on the platform.

Full definition of BNB

Bollinger Band

Bollinger band is a trading indicator created by John Bollinger in the 1980s for analyzing stocks and has remained as one of the most common price analysis tools since then. It's currently used by crypto traders to discover opportunities that helps to identify when an asset is oversold or overbought.

Full definition of Bollinger Band

Bounty

A crypto bounty is a rewards program that is used by blockchain projects owners to incentivize users who perform certain tasks that aid the success of their projects.

Full definition of Bounty

Brain Wallet

Brain Wallet refers to the act of memorizing all of the relevant private information about your crypto wallet. Thus removing the need for keeping your password or private keys physically copied down somewhere. Why use a Brain Wallet? Some people choose to use a “brain wallet” because, as some people believe, you cannot hack, steal,...

Full definition of Brain Wallet

Brave Browser

The Brave Browser replaces much of the advertisements that would normally be found on websites when using more conventional browsers, with specifically curtailed ads of its own. Interacting with these ads is incentivized by awarding the user with BAT tokens which can be traded and tipped amongst the network. 

Full definition of Brave Browser

Breakout

A breakout is a term used in technical analysis to refer to asset price movements below a support level or above a resistance level, typically suggesting that the price will continue moving in the direction of the breakout. 

Full definition of Breakout

Bubble

A bubble is an economic cycle characterized by the rapid increase of market value, particularly in the prices of assets usually followed by a rapid decrease in value or a contraction, referred to as a "crash" or a "bubble burst."

Full definition of Bubble

BUIDL

A misspelling of the word “build," BUIDL is a call to crypto enthusiasts to build and contribute to the advancement of the blockchain and cryptocurrency ecosystem, rather than passively holding coins, and waiting for the price to go up.

Full definition of BUIDL

Bull Market

A bull market is a situation where the prices of assets are on a continuous rise or are expected to rise. In a standards market, the prices of all assets are often rising and falling continuously. But, in bull markets, the prices of most of the assets are taking a constant rise that could last...

Full definition of Bull Market

Burned

A crypto burn is the process of sending cryptocurrency tokens to a wallet that is inaccessible by anyone and is lost forever. Hence, this removes the token from circulation and slows down the inflation rates of the token. A crypto burn can be done to control the price of the token by creating a form of scarcity for it, or simply by mistake.

Full definition of Burned

Buy Wall

Buy wall refers to a large buy order placed on the order book of a particular market, set at a particular bid price, usually to prevent or ensure the crypto asset does not drop beyond that set price level.

Full definition of Buy Wall

Byzantine Fault Tolerance (BFT)

Byzantine Fault Tolerance is a measure that is set in place in blockchain technology to ensure that the network continues to operate even when a node or group of nodes fail or become malicious.

Full definition of Byzantine Fault Tolerance (BFT)

C

Candlesticks

Candlesticks are a graphic representation of price movements used by cryptocurrency traders to analyse, predict and make informed decisions regarding cryptocurrency assets on a trading platform.

Full definition of Candlesticks

Capitulation

Capitulation refers to a market phenomenon where investors lose faith in a particular asset (crypto, stocks, commodities etc.), giving up their positions in the market, leading to massive sell orders. As a result, there is a continuous decline in the asset price until a bottom is reached.

Full definition of Capitulation

Casascius Coin

Casascius coins, also called Casascius physical Bitcoins, are physical metal coins that hold some units of Bitcoin. They were created by a Bitcoin user Casascius Mike Caldwell and who decided to transform virtual currency into physical coins.

Full definition of Casascius Coin

Censorship-resistance

Cryptocurrencies are censorship-resistant since they are not controlled or frozen by any individual, government, or organization. Transactions cannot be reversed or censored.

Full definition of Censorship-resistance

Central Bank Digital Currency

The Securities and Exchange Commission (SEC) is America's stock market regulator, formed after the 1929 Wall Street Crash. The SEC's stated role to protect the market from manipulation.

Full definition of Central Bank Digital Currency

Chain Split

A chain split is another name for a cryptocurrency fork, where a cryptocurrency's code is copied to create entirely new cryptocurrencies.

Full definition of Chain Split

ChatGPT

ChatGPT is a new, commonly available AI-based chatbot created by OpenAI in November 2022. Considered to be one of the most powerful AI tools available to the public ever created, ChatGPT has made a lot of waves in the fields of writing, academia, software development, and commerce. How it Works At its most basic level,...

Full definition of ChatGPT

Chicago Mercantile Exchange (CME)

The Chicago Mercantile Exchange, now referred to as the CME group after its merger with the Chicago Board of Trade in 2007, is the United State's largest exchange dealing in trading futures and options. 

Full definition of Chicago Mercantile Exchange (CME)

Circulating Supply

Circulating supply refers to the total estimated number of tokens/coins actively being traded and available to be traded in the crypto markets.

Full definition of Circulating Supply

Cloud Mining

A company offering cloud mining services will have one or more data centers set up with mining technology that makes mining accessible to anyone willing to remotely rent mining equipment.

Full definition of Cloud Mining

Coin

A coin is a digital asset or cryptocurrency unit that operates independently on its dedicated blockchain, which is considered a currency in a particular financial system.

Full definition of Coin

Coin Mixer

A coin mixer protects the identity of Bitcoin owners during transactions with each other by hiding the sources and destinations of the cryptos used in the transaction.

Full definition of Coin Mixer

Coinbase

Coinbase is the largest US cryptocurrency exchange platform and is a popular option for newcomers to the cryptocurrency market.

Full definition of Coinbase

Cold Wallet

A cold wallet is a wallet for storing crypto that is not connected to the internet, making it difficult to remotely steal the assets stored in it.

Full definition of Cold Wallet

Colocation

Colocation refers to the grouping of dedicated IT hardware or specialized equipment belonging to various organizations or individuals centered in a specific location. It simply refers to shared data centres (colocation centres) that are positioned strategically to serve multiple organizations.

Full definition of Colocation

Confirmation Time

Confirmation time refers to the duration of a blockchain transaction to be recorded into a confirmed block by miners on the network. 

Full definition of Confirmation Time

Consensus

Consensus refers to the collective agreement of the participants on a blockchain network to make decisions or add a block of transactions to previously existing blocks.

Full definition of Consensus

Consensus Mechanism

Consensus mechanism (also called consensus algorithm or consensus protocol) refers to the underlying concept a particular blockchain technology operates. It is the fundamental rule that all nodes in a blockchain must adhere to before a new block can be added to a previous block on the blockchain network.

Full definition of Consensus Mechanism

ConsenSys

Consensys is a blockchain software technology company focused on developing decentralized software and applications on the Ethereum blockchain founded by Ethereum co-founder Joseph Lubin in 2014.

Full definition of ConsenSys

Contract Account

A contract account is a separate account that forms the means of interaction between various Ethereum smart contracts and contract stakeholders. 

Full definition of Contract Account

Core Wallet

A core wallet stores an entire blockchain and all of its data, rather than individual transaction data for one user.

Full definition of Core Wallet

Correction

A correction (or market correction) is a generic term used to refer to a quick dip in the price of an asset (by at least 10%) from its most recent price peak point.

Full definition of Correction

Counter Terrorist Financing

Counter Terrorist Financing is an extremely important part of crypto regulation that aims to stop criminals from using crypto to avoid anti-money laundering regulations. In some cases, crypto has something of an image problem when it comes to anti-money laundering practices. (AML) Some criminals and terrorist organizations use the world of crypto and its somewhat...

Full definition of Counter Terrorist Financing

Craig Wright

Craig Steven Wright is an Australian computer scientist who famously claimed to be the elusive creator of Bitcoin, Satoshi Nakamoto.

Full definition of Craig Wright

Crypto

Crypto is the abbreviation of the term “cryptocurrency.”  Crypto is a form of digital currency that uses cryptographic security and encryption to secure itself along a public ledger or blockchain.  The idea for cryptocurrency first came from cryptographer David Chaum in 1983, who released an early form of crypto called eCash in the 1990s. But...

Full definition of Crypto

Crypto Credit Card

A crypto credit card allows users to extend a line of credit, based on the value of the cryptocurrency they have stored in an account with the issuer. Then at the end of the month, the card owner will either pay back this line of credit or allow the card issuer to take its equivalent...

Full definition of Crypto Credit Card

Crypto Debit Cards

Crypto Debit Cards are the most common form of a crypto card. These cards give customers the ability to spend crypto in virtually any store, both online or offline and even make ATM withdrawals. These cards work by instantly converting crypto into fiat at the point of purchase and then using that fiat for the...

Full definition of Crypto Debit Cards

Crypto Winter

“Crypto Winter” refers to a period in which the crypto market has really been struggling. People debate when the crypto winter started, but most would put it somewhere around 2018 or 2019. This time marked the start of a prolonged run of weakness in the crypto market that has only recently begun to turn around....

Full definition of Crypto Winter

Cryptoasset

A cryptoasset or crypto asset refers to any form of digital asset that does not require a middleman (such as a central bank) to be created or exchanged, instead using blockchain technology. A blockchain is a cryptographic public ledger for recording transactions.

Full definition of Cryptoasset

Cryptography

Cryptography is the study and the use of techniques to secure communication and prevent information from getting into the hands of unauthorised parties.

Full definition of Cryptography

Customer Identification Program

vThe Customer Identification Program, or CIP for short, is a US standard for KYC record keeping for financial institutions. The CIP has its origins in the US Patriot Act, specifically Section 326, and was part of a large-scale move towards stricter regulations on financial institutions. CIP aims for greater degrees of record keeping and grants...

Full definition of Customer Identification Program

Cypherpunk

Cypherpunk refer to a group of individuals championing the use of cryptography to challenge existing social and political status quo concerning privacy, and contributes to the development of privacy-focused technologies to support the movement.

Full definition of Cypherpunk

D

Dark Web

The dark web is the part of the internet that exists on dark networks only accessible by means of special software, configurations or authorisations. It is a subsection of the deep web; the portion of the internet that is not indexed by search engines.

Full definition of Dark Web

Dead Cat Bounce

In crypto and finance, “dead cat bounce” is the phrase used to explain the often counterintuitive “bounce” in value that assets sometimes undergo when they have been very recently in steep decline. The phrase has its origins in the old saying, “even a dead cat will bounce when it falls from a great height.” Essentially,...

Full definition of Dead Cat Bounce

Dead Coin

Dead coins are a popular term in the crypto world, especially in recent times when such coins have been on the rise. A dead coin is a digital currency that is no longer viable for trade.

Full definition of Dead Coin

Decentralized Application (DApp)

Decentralized applications (DApps) are applications that run on distributed networks, such as a P2P network or a blockchain like Ethereum. They differ from centralized applications which rely on the traditional client-server network model.

Full definition of Decentralized Application (DApp)

Decentralized Social Media

Decentralized Social Media, also called blockchain-based social media, refers to social media platforms that use sources such as the blockchain to power themselves.

Full definition of Decentralized Social Media

Decryption

Decryption is a cyber security strategy that makes it harder for someone to intercept and view private information. Where encryption involves scrambling or coding information to make it indecipherable for security purposes, decryption refers to making this information readable again.

Full definition of Decryption

DeFi

DeFi (or Decentralized Finance) is an alternative and adjacent form of financial services provided using cryptocurrencies such as Ethereum.

Full definition of DeFi

DeFi Degen

DeFi Degen, or decentralized finance degenerate, is a trader interested in risky, niche, unaudited crypto projects. DeFi Degens often focus their investment on meme tokens and joke projects, and the term is often associated with pump and dump price schemes.

Full definition of DeFi Degen

Deflation

In economics, deflation is defined as a decrease in the level of prices of goods and commodities in an economy, usually due to a reduction in the supply of money.

Full definition of Deflation

Delegated Proof-of-Stake (dPOS)

Holders of the tokens are issued voting rights to select specific delegates, also known as block producers or witnesses, who will validate the new block. Delegates with the highest number of votes after a voting round becomes the block producers.

Full definition of Delegated Proof-of-Stake (dPOS)

Delisting

Cryptocurrencies and stocks are similar in that they trade on exchange platforms. They are both subject to removal from these platforms. This removal of assets from exchanges is known as delisting.

Full definition of Delisting

Derivatives Market

Derivatives are financial products designed around existing assets -- for example, Bitcoin futures or Bitcoin options are derivatives of Bitcoin. The market for these products is called the derivatives market.

Full definition of Derivatives Market

Design Flaw Attack

A design flaw attack is a type of smart contract attack in which the creator of the smart contract intentionally creates a flaw in their design to enable them to maliciously take advantage of unknowing users in the future. 

Full definition of Design Flaw Attack

Difficulty

In cryptocurrency terms, difficulty refers to the degree of effort required to validate or mine a new block on a blockchain network.

Full definition of Difficulty

Difficulty Bomb

The difficulty bomb is a feature of Ethereum mining in which mining requires an increasingly large amount of effort and resources until it one day becomes unfeasible. The idea is to ensure all miners switch to the latest upgrade provided by the Ethereum network where Proof of Work mining is no longer required.

Full definition of Difficulty Bomb

Dollar-Cost Averaging (DCA)

Dollar-Cost Averaging (DCA) is an investment tactic of using fixed amounts of money on the same asset over a long time, with different price points at different times. Therefore, it serves long-term holders better, mostly in highly volatile markets. Due to this nature, DCA can reduce the risks of investing in the highly volatile crypto...

Full definition of Dollar-Cost Averaging (DCA)

Dolphin

Dolphin is a ranking or category of investor with significant holdings, but below the net worth of a large investor or "whale."

Full definition of Dolphin

Dominance

Dominance refers to the percentage of cryptocurrency market share held by Bitcoin. In other words, it compares the total market cap of Bitcoin to the total market cap of the rest of the cryptocurrency market combined. 

Full definition of Dominance

Dorian Nakamoto

Dorian Prentice Satoshi Nakamoto is a Japanese-American systems engineer who became famous when a Newsweek article suggested he was the creator of Bitcoin. On the 6th of March 2014, a Newsweek journalist called Leah McGrath published an article claiming that Dorian Nakamoto was the creator of Bitcoin. With a background in systems engineering and a...

Full definition of Dorian Nakamoto

Double Spending

Double spending refers to the same sum of digital currency being spent more than once on the network at the same time, usually as part of a malicious attack or exploit.

Full definition of Double Spending

Dusting Attack

Crypto Dusting is the act of sending out tiny parcels of cryptocurrency to hundreds or thousands of different wallets, and a “dusting attack” is when they use this crypto for malicious purposes. What is Crypto Dusting? Crypto dust is usually smaller than the transaction fee for a specific kind of crypto, and sometimes agencies will...

Full definition of Dusting Attack

E

Efficient Market Hypothesis (EMH)

The Efficient Market Hypothesis (EMH), alternatively known as the efficient market theory, is a state in financial economics where the share prices reflect all information and consistent alpha generation is impossible. It’s simply a direct implication that it is impossible to “beat the market“ consistently on a risk-adjusted basis. More So when the market price should only react...

Full definition of Efficient Market Hypothesis (EMH)

ELI5

ELI5 is an acronym that stands for "explain like I'm 5". It is a term used to suggest simplifying the concepts of cryptocurrencies and blockchain, given they are relatively new fields.

Full definition of ELI5

ERC-20

ERC-20 (Ethereum Request for Comments - 20) refers to a standard list of rules proposed in 2015 as a guideline for creating and issuing Ethereum-based tokens. 

Full definition of ERC-20

ERC-721

ERC-721 (Ethereum Request for Comments 721) is a standard for representing ownership of non-fungible tokens with each individual token unique and verifiable on the ethereum blockchain.

Full definition of ERC-721

Ether

Ether refers to the native cryptocurrency used for digital transactions (especially gas fees) on the Ethereum network, and it is the second-largest cryptocurrency by market capitalization after Bitcoin – the native currency for digital transactions on the Bitcoin blockchain network. The Ethereum blockchain was developed to facilitate digital transactions amongst many other capabilities that Satoshi...

Full definition of Ether

Ethereum

Ethereum is a decentralized permissionless blockchain platform with smart contract and dApp capabilities. It is the second largest cryptocurrency by market capitalization. Ethereum is fueled by its native crypto token, ETH. Ethereum was first conceived of by programmer Vitalik Buterin in 2013. He envisioned blockchain technology as a way to create a virtual decentralized computer...

Full definition of Ethereum

Ethereum Alliance (EEA)

The Enterprise Ethereum Alliance (EEA) is a coalition of different start-ups, Fortune 500 companies, technology vendors, academics, and Ethereum subject matter experts which are formed to build and promote Ethereum as an enterprise-level technology for businesses.

Full definition of Ethereum Alliance (EEA)

Ethereum Transaction

An Ethereum transaction is essentially a signed set of instructions from one account to another. One user makes a transaction in order to affect a change on the Ethereum network, such as the transfer of funds or a function within an app.

Full definition of Ethereum Transaction

Ethereum Virtual Machine (EVM)

The Ethereum Virtual Machine is a computation engine used by the Ethereum network to handle millions of different commands. It exists in the code of the Ethereum network itself, and every Ethereum node runs on the EVM.

Full definition of Ethereum Virtual Machine (EVM)

EVM Compatible Blockchains

EVM-compatible blockchains are networks that can run the Ethereum Virtual Machine (EVM) and execute smart contracts on Ethereum. This means that developers can write and deploy the same smart contracts across multiple EVM blockchains, without needing to make significant changes to their code. These smart contracts can then interact with other EVM-compatible blockchains through the EVM,...

Full definition of EVM Compatible Blockchains

F

Fakeout

A Fakeout, or sometimes referred to as a Fake Breakout is a sometimes event that can fool investors and lead to significant losses. In essence, a fakeout is when the price of an asset ‘breaks out’ of its presumed value trends, but quickly reverses.

Full definition of Fakeout

Faucet

A faucet is a simple means for users to earn a small amount of cryptocurrency by completing certain tasks.

Full definition of Faucet

Fear of Missing Out (FOMO)

FOMO is short for fear of missing out. It means the feeling of anxiety brought by the idea of other people sharing a positive or unique experience without you, and in the context of crypto, refers to people being afraid of missing out on profits.

Full definition of Fear of Missing Out (FOMO)

Fear, Uncertainty, and Doubt (FUD)

FUD is an acronym for 'fear, uncertainty and doubt.' It's a common tactic used in the crypto space to manipulate the perception of a particular cryptocurrency or the entire crypto market by spreading misleading information.

Full definition of Fear, Uncertainty, and Doubt (FUD)

Fiat-pegged Cryptocurrency

Fiat-pegged cryptocurrencies (also sometimes called fiat-pegged stablecoins) refer to a digital asset or currency created on a blockchain but are pegged to the value of a top national currency such as the United States Dollar(USD), EURO(EUR), or the Great Britain Pounds (GBP).

Full definition of Fiat-pegged Cryptocurrency

Fill Or Kill Order (FOK)

A fill-or-kill (FOK) order is a conditional time-in-force order. It is often used by active traders who must buy or sell crypto immediately at a specified price. Most of the time, large amounts of stock are involved.

Full definition of Fill Or Kill Order (FOK)

Flappening

The Flappening was a term used to describe the possibility of Litecoin (LTC) gaining a higher market capitalization than Bitcoin Cash (BCH).

Full definition of Flappening

Flippening

The Flippening refers to a theoretical event in which Bitcoin loses its dominance over the cryptocurrency market.

Full definition of Flippening

Forced Liquidation

Forced liquidation refers to when an exchange forcefully closes a trader’s leveraged position due to a partial or total loss of the trader’s initial margin.

Full definition of Forced Liquidation

Fungibility

Fungibility refers to a commodity or asset’s capacity to be mutually interchanged with another asset for the same value. For example, a dollar bill is fungible because it can be exchanged for another dollar bill with no impact on the owner.

Full definition of Fungibility

Futures Contract

A futures contract is a legal agreement where one party promises to buy an asset at a fixed price on a certain date and time in the future.

Full definition of Futures Contract

G

Gas

Gas is a term used on the Ethereum platform to refer to fees which are necessary to perform transactions,  participate in smart contracts or launch Dapps (decentralized applications). Gas fees are paid in ETH, the native token of the Ethereum network. 

Full definition of Gas

Gas Limit

Gas Limit is the maximum cost a user is willing to pay to successfully make a transaction on the Ethereum blockchain.

Full definition of Gas Limit

Gas Price

A gas price is the amount of ETH (in a smaller unit of ETH called gwei or nanoeth) that must be paid to miners for processing transactions on the Ethereum Blockchain

Full definition of Gas Price

Generative Art

Generative Art, or “synthetic art,” as it is sometimes called, is the phrase used to describe a broad category of art, though recently it has become more closely associated with algorithmic art. The origins of “generative art” can be traced back to Herbert Franke in the 1960s, who used computer-operated robots to create art. Since...

Full definition of Generative Art

Genesis Block

A Genesis Block is the first block in a blockchain network. This origin point serves to be the foundation for all subsequent blocks.

Full definition of Genesis Block

Geotagged NFT

Geotagged NFTs combine 3D representations of real-world art with the geographic meta-data that identifies the location of the art. For example, a geotagged NFT of a painting in Germany would have the longitude and latitude data attached to the code of a digital version of the painting.

Full definition of Geotagged NFT

Geth

Geth (which stands for Go Ethereum) is a command-line interface used to run an Ethereum node implemented in Go language, allowing developers to mine ether - the platform's native cryptocurrency, validate ether transactions and execute smart contracts on the Ethereum network.

Full definition of Geth

Glossary

A glossary is an alphabetized list of articles or definitions that each explains and defines a specific concept.

Full definition of Glossary

Golden Cross

A Golden Cross occurs is a technical analysis indicator seen when the 50-day moving average eclipses the 200-day moving average of a particular asset. Its opposite is the Death Cross which occurs when the 50-day moving average crosses below the 200 days moving average. A Golden Cross is often seen as a bullish signal.

Full definition of Golden Cross

Group Mining

Group mining is a process whereby several miners (individuals or entities) combine their computational resources or tools together in order to mine crypto.

Full definition of Group Mining

Gwei

Gwei refers to a very small amount of Ethereum that is used to calculate transaction fees on the Ethereum network. One Gwei is equal to 0.000000001 ETH.

Full definition of Gwei

H

Haha Money Printer Go Brrrrr

The "Haha Money Printer Go Brr" is a popular internet meme that surfaced in 2020, depicting a younger man yelling at an older man from the Federal Reserve for printing money to combat an economic downturn.

Full definition of Haha Money Printer Go Brrrrr

Hash Power / Hash Rate

Hash power, or hash rate, refers to the amount of computing power dedicated to validating and protecting a Proof-of-Work Blockchain such as Bitcoin.

Full definition of Hash Power / Hash Rate

Hashed Timelock Contract (HTLC)

A Hashed Timelock Contract (HTLC) is a type of smart contract used in blockchain and crypto applications to facilitate time-bound transactions. It is a transactional agreement used in crypto transactions to produce conditional payments. 

Full definition of Hashed Timelock Contract (HTLC)

High-Frequency Trading (HFT)

The emphasis of HFT is on speed. This technique uses several algorithms to analyze the smallest price changes and differences between an asset's price on many exchanges. 

Full definition of High-Frequency Trading (HFT)

Howey Test

A Howey Test is a means for the US Federal government to ascertain whether or not an asset can be distinguished as security. 

Full definition of Howey Test

Hyperledger

Hyperledger is a collaborative open-source project started by the Linux Foundation in 2015 with one primary aim - enable blockchain-based applications built to meet specific business and industry needs.

Full definition of Hyperledger

I

Iceberg Order

An iceberg order refers to a type of order that breaks up large orders into smaller limit orders to conceal the transaction size and avoid spikes in the price level of an asset. This is mainly used by institutional investors looking to make sizeable trades in the market, large enough to topple the market price of assets in a short time frame if detected. 

Full definition of Iceberg Order

Immutability

Immutability is a property in a system that makes it difficult to change. A system is considered immutable if it cannot be altered, replaced or manipulated after its creation or deployment.

Full definition of Immutability

Impermanent Loss

Impermanent Loss is an event in which a Liquidity Provider, suffers a potentially temporary loss due to a change in the values of the coins held within the pool.

Full definition of Impermanent Loss

Initial Bounty Offering

Initial Bounty Offering (IBO) refers to the crowdsourcing of human resources with the required skill set and talent to work on an ongoing blockchain or cryptocurrency project with native-tokens being issued in exchange for services provided.

Full definition of Initial Bounty Offering

Initial Coin Offering (ICO)

An initial coin offering (ICO) in the cryptocurrency industry is similar to an initial public offering (IPO). A blockchain startup which wants to raise money to finance the creation of a new coin, app, or service launches an ICO as a way to raise funds.

Full definition of Initial Coin Offering (ICO)

Initial Dex Offering

An Initial DEX Offering (IDO) refers to the launching of crypto tokens on a decentralized exchange. It is a crypto fundraising event where a blockchain technology company carries out token sales in exchange for funds from individual investors.

Full definition of Initial Dex Offering

Initial Token Offering (ITO)

Initial Token Offerings or ITOs are the more utility-focused, tokenized offering that bears some similarities to both Initial Public Offerings (IPO) and Initial Coin Offerings (ICO). Instead of offering shares or being a form of crowdfunding, ITOs offer access to a utility on the platform.

Full definition of Initial Token Offering (ITO)

Instamine

An instamine is when a large portion of a cryptocurrency’s future supply is mined and issued to one or more addresses.

Full definition of Instamine

Interplanetary File System (IPFS)

The Interplanetary File system (IPFS) is a peer-to-peer decentralized data sharing and transfer protocol developed to change how information is distributed over the internet. Developed by Protocol Labs, the IPFS is an open-source project with a primary aim to address the shortcomings of the HTTP/HTTPS internet protocol used today. How exactly do you access content...

Full definition of Interplanetary File System (IPFS)

IOU

IOU represents a semi-formal document that indicates a debt relationship between two parties. It is an acronym for "I owe you" and may or may not contain the detailed guidelines of the debt owed between people or business owners.

Full definition of IOU

J

JOMO

JOMO or the Joy Of Missing Out is a pleasurable emotional response often experienced by both crypto users and ‘No-Coiner’s’ when seeing losses in an asset they chose to avoid.

Full definition of JOMO

K

Keccak

Keccak is an advanced cryptographic function. It is commonly used as a hash function to provide additional security over more traditional hash algorithms in the SHA (Secure Hash Function) family.

Full definition of Keccak

Know Your Customer (KYC)

KYC or Know Your Customer is a financial regulatory standard employed to provide background checks concerning the users of a financial service and their potential relation to financial crime.

Full definition of Know Your Customer (KYC)

L

Lambo

Lambo refers to a term often used by cryptocurrency enthusiasts in excitement and optimism that their crypto investments will someday be profitable enough to own a Lamborghini.

Full definition of Lambo

Layer-1 Blockchain

Layer-1 blockchain refers to the base infrastructure of a cryptocurrency project. This layer is a set of solutions used to improve the base protocol and make the overall systems more scalable.

Full definition of Layer-1 Blockchain

Lightning Network

The Lighting Network is a group of nodes that build a layer 2 payment channel on top of a cryptocurrency like Bitcoin or Litecoin to facilitate fast payments before settling them on the Blockchain.

Full definition of Lightning Network

Limit Order/Limit Buy/Limit Sell

A limit order is a financial order where investors set the parameters of their purchase or sell orders. Limit orders allow an investor to set the price limit for buying or selling an asset. 

Full definition of Limit Order/Limit Buy/Limit Sell

Liquidity Pool

A liquidity pool is a supply of cryptocurrencies or tokens locked in a smart contract in order to keep a decentralized exchange (DEX) liquid for trades to be executed.

Full definition of Liquidity Pool

Litecoin

Litecoin has been described as the “silver to Bitcoin’s gold” and was designed as a lighter and faster Bitcoin alternative. It is one of the most closely correlated crypto tokens to Bitcoin as spikes and crashes in Bitcoin are often mirrored by Litecoin (at much lower values). Litecoin is an open-source cryptocurrency whose code is...

Full definition of Litecoin

M

Mainnet

A Mainnet can be described as an independent blockchain network that utilizes its own protocols and technologies. Mainnet’s are effectively the ‘live’ version of a Testnet. Conversely, a Testnet is an alternative blockchain network that is often utilized by developers for beta testing new protocols and technology. The purpose of a Testnet is to develop...

Full definition of Mainnet

Market

A market is a platform for individuals and groups to exchange goods and services between multiple parties.

Full definition of Market

Market Capitalization

To find the Market Cap of a crypto asset the following formula is implemented: Multiply the price of a single coin/token by the total number of said coins that are currently in circulation. 

Full definition of Market Capitalization

Market Momentum

omentum is the rate at which a security's price accelerates—that is, the rate at which the price changes. Market momentum is therefore defined as the aggregate rate of acceleration for the whole market.

Full definition of Market Momentum

Market Order

A market order is an instant order placed to buy or sell a coin immediately at the current market price. Market orders are usually placed by traders if they want to be sure that a trade is completed without getting delayed in the order queue.

Full definition of Market Order

Masternodes

Masternodes are privately-maintained servers that provide infrastructure and operational support to a blockchain platform, amongst other functionalities.

Full definition of Masternodes

Max Supply

Max supply refers to the total amount of a cryptocurrency (or maximum supply) which will ever be in circulation.

Full definition of Max Supply

Mempool

Mempool refers to a mechanism used by a cryptocurrency's node to store validated but unconfirmed transactions.

Full definition of Mempool

Merged Mining

Merged mining or combined mining is a protocol that allows two different blockchains that share the same consensus protocol and hash function to get mined together. It happens without loss of performance and maintaining a high level of security.

Full definition of Merged Mining

Metaverse

The Metaverse refers to an ongoing Web3 project being developed by Facebook, now called Meta. The project, which was started around 2021, has been spearheaded by Mark Zuckerberg, and his company Meta has committed to investing nearly $10 billion into the concept. Other companies like Microsoft, Google, and Nvidia are also making significant investments in...

Full definition of Metaverse

Mining Difficulty

Mining difficulty usually refers to the measurement of how hard and time-consuming it is to solve the complex cryptographic puzzle that is required to create new blocks for any given cryptocurrency. Blocks contain transaction data, and mining is necessary to run the network and mint new coins.

Full definition of Mining Difficulty

Mining Pool

A mining pool consists of a group of cryptocurrency miners who come together to combine their computational power over a network to increase the probability of finding a block or mining a new cryptocurrency.

Full definition of Mining Pool

Mining Rig

Mining rigs refer to any piece of equipment fully or partially dedicated to mining cryptocurrencies. This could be specialized hardware with a dedicated graphics card or a personal computer with available capacity that can be used as mining equipment.

Full definition of Mining Rig

Mnemonic Phrases

mnemonic phrase is a secret group of words generated whenever crypto users create a new wallet. When arranged in a particular sequence, the mnemonic phrase can be used to access the funds in the crypto wallet.

Full definition of Mnemonic Phrases

Mt. Gox

Mt. Gox was once the biggest cryptocurrency exchange facilitating bitcoin exchanges globally before a major and historic security breach.

Full definition of Mt. Gox

N

Newb

This is a jovial term generally used to refer to someone who is new to a particular industry.  Popularly written as “newbie”, the term can refer to a person who has never owned, traded or interacted with any cryptocurrency or crypto exchange and the individual may genuinely be willing to learn History and usage of...

Full definition of Newb

Nick Szabo

Nick Szabo is a well-known cryptographer that some have theorized might be involved in the creation of Bitcoin. American-born and of Hungarian descent, Nick Szabo boasts an impressive background in both computer science and legal studies, having graduated from the University of Washington in computer science and later receiving a Juris Doctor Degree from George...

Full definition of Nick Szabo

No-Coiner

No-coiner is a term used to refer to sheer antagonists who maintain a philosophy about cryptocurrencies, blockchain, and digital currencies altogether that see no value in them and considers them doomed for failure.

Full definition of No-Coiner

Nonce

A nonce is a number that can only be used once in cryptography. In Bitcoin's mining process, miners aim to find a hash below a target number which is often difficult to calculate.

Full definition of Nonce

O

Off-Chain

An off-chain transaction is a cryptocurrency transaction that has its value moved externally to the blockchain itself.

Full definition of Off-Chain

One Cancels the Other Order (OCO)

One Cancels the Other Orders or OCO’s are a coupled pair of orders that can be placed upon a cryptocurrency asset. If the conditions of one order are met, then the other order automatically cancels.

Full definition of One Cancels the Other Order (OCO)

OpenSea

OpenSea is a decentralized peer-to-peer digital marketplace for trading digital collectibles and non-fungible tokens (NFTs).

Full definition of OpenSea

Oracles

Oracles are trusted third-parties services that connect smart contracts with the outside world to reliably feed information to and from a blockchain.

Full definition of Oracles

Orphan Block

Orphan blocks, also called stale blocks, are blocks that are not accepted into the blockchain network due to a time delay in broadcasting the block to the network of miners.

Full definition of Orphan Block

Overbought

An asset is said to be overbought when it is being purchased by more and more investors over a period of time, thereby increasing its price without any noticeable market rationale.

Full definition of Overbought

Oversold

Oversold is a trading term used to indicate that an asset is trading at a lower price than its real value and has the potential for a price bounce.

Full definition of Oversold

P

Pair

A pair (or trading pair) refers to the two cryptocurrencies used to make an exchange or trade on a cryptocurrency exchange.

Full definition of Pair

Paper Wallet

A paper wallet is a physical document listing public keys, a string of characters used to identify cryptocurrency funds on a network, and private keys which function like a password to access those funds.

Full definition of Paper Wallet

Paul La Roux

Paul La Roux is a cryptographer and organized crime figure both on and off the web. There is a theory that Le Roux may even be the elusive Satoshi Nakamoto, the creator of Bitcoin.

Full definition of Paul La Roux

Peer to Peer (P2P)

P2P or Peer to Peer is a form of digital interaction that can take place between two or more parties that do not require a centralized or third-party participant.

Full definition of Peer to Peer (P2P)

Portfolio

A portfolio is a collection of various assets owned by an individual to achieve their financial goals. There are many different types of financial assets that you can include in your portfolio today, including equity shares, mutual funds, debt funds, gold, property, derivatives, and more.

Full definition of Portfolio

Pre-Mine

Pre-mining refers to creating a cryptocurrency or digital currency before it is launched and made available to the general public during an ICO(Initial Coin Offering) event.

Full definition of Pre-Mine

Pre-Sale

A pre-sale (or Pre-ICO) refers to the selling of tokens of a new crypto project to select investors or a group of investors before its funds are distributed publicly, such as an ICO (Initial Coin Offering).

Full definition of Pre-Sale

Prepaid Crypto Cards

Prepaid Crypto Cards are a form of crypto debit card that allows customers to manually pre-load funds, often crypto, onto a virtual or physical card. This card can then be used in the same way as a traditional card, being able to make in-store or online purchases and even make ATM withdrawals. While different card...

Full definition of Prepaid Crypto Cards

Price Action

Price action involves the change of a cryptocurrency’s price from time to time. These actions include increasing and decreasing prices. Price actions have been a major way for market traders to make investment decisions.

Full definition of Price Action

Private Key

A private key is a security password used in crypto to allow investors to access their funds. It's a long string of numbers and letters created the first time you open a crypto wallet. 

Full definition of Private Key

Proof of Burn

Blockchain miners earn block rewards through coin burn and Proof of Burn Work. To make it work, miners send coins to an unspendable address to be burned and by doing so, they keep the decentralized networks active and running.

Full definition of Proof of Burn

Proof of Developer (POD)

Proof of Developer or PoD is a type of verification mechanism that seeks to discover the identity of a real, living software developer behind a new cryptocurrency.

Full definition of Proof of Developer (POD)

Proof-of-Authority (PoA)

One of the most recent algorithm mechanisms is called Proof of Authority. It was coined by Gavin Wood, co-founder of Ethereum and Parity Technologies. In a Blockchain network that is run on a PoA algorithm, transactions and blocks are validated by approved accounts, known as validators. 

Full definition of Proof-of-Authority (PoA)

Proof-of-Spacetime (PoST)

Proof-of-Spacetime (PoSt) is a consensus mechanism that requires a network participant to prove they have dedicated a storage space to maintain a copy of certain information over a period of time.

Full definition of Proof-of-Spacetime (PoST)

Proof-of-Stake (PoS)

Proof-of-Stake is a mechanism for reaching consensus and confirming transactions on a blockchain. PoS allocates blocks based on the amount of coins that a participant has staked (locked in for a period of time) in the system.

Full definition of Proof-of-Stake (PoS)

Proof-of-Work (PoW)

Proof-of-work refers to a consensus mechanism that requires solving complex mathematical problems using extremely high computing resources and power to validate transactions on a network for a reward.

Full definition of Proof-of-Work (PoW)

Q

Quantum Computing

Quantum computing is an advanced field of computing that utilizes quantum mechanics to make computers more efficient, fast and powerful. 

Full definition of Quantum Computing

Quorum (Governance)

A quorum is a practice that is often found in groups, businesses, and corporations that maintain different stakeholders in the organization.

Full definition of Quorum (Governance)

R

Raiden Network

The Raiden Network is an off-chain infrastructure layer on the Ethereum blockchain. It is a scaling solution that works with all compatible ERC-20 tokens by enabling scalable, low fees, and ultra-fast transactions. The sole purpose of the Raiden Network is to complement the Ethereum blockchain in a manner that is consistent with Bitcoin’s proposed Lightning...

Full definition of Raiden Network

Relative Strength Index (RSI)

The Relative Strength Index is a momentum indicator used in technical analysis. It measures the speed and change of price movements to evaluate overbought or oversold conditions.

Full definition of Relative Strength Index (RSI)

Resistance

Resistance is a technical term used to explain a downtrend force or pressure that works against an upswing in an asset’s value. 

Full definition of Resistance

Return on Investment (ROI)

Return on Investment or ROI for short is a useful starting metric that is used to assess the potential profitability of an investment. ROI is calculated by subtracting the opening value of an asset from the current value, then dividing by the initial value.

Full definition of Return on Investment (ROI)

Ring Signature

Ring Signatures are digital signatures that allow someone to verify a message without revealing the personal details of anyone involved.

Full definition of Ring Signature

Ripple (XRP)

Ripple is both a cryptocurrency and a digital payment network for the quick settlement of transactions. The blockchain underpinning the network is known as the XRP Ledger. It uses the native token, XRP, as an intermediate for the exchange of different currencies. This allows for the speedy processing of transactions. Banks, exchanges, individuals and companies...

Full definition of Ripple (XRP)

Roger Ver

A leading supporter of and investor in cryptocurrency and crypto-related startups, Roger Ver has earned the nickname "Bitcoin Jesus." However, over the past few years, Ver's opinions on and investments in cryptocurrencies have become even more polarizing, as his personal story.

Full definition of Roger Ver

Rug Pull

A rug pull is a term used in the crypto community to refer to cryptocurrency projects that turned out to be exit scams. A rug pull is said to have occurred if the developers of a crypto project abscond with investors' money. 

Full definition of Rug Pull

S

Satoshi

A Satoshi or SAT is the smallest unit held within a Bitcoin or BTC. Much like what the cent is to the dollar or what the penny is to the pound, the Satoshi functions as a means for conducting trade at a more numerically complex level. 

Full definition of Satoshi

Scam

A cryptocurrency scam is a type of investment fraud that involves scammers stealing or fraudulently acquiring crypto assets from investors.

Full definition of Scam

Scrypt

Scrypt is an algorithm for cryptocurrency mining and alternative to the SHA-256 algorithm used to mine Bitcoin.

Full definition of Scrypt

Security Token

A security token represents a digital representation of traditional financial securities -- bonds, ETFs, commodities, futures, options, stocks, and similar assets.

Full definition of Security Token

Security Token Offering

A security token offering (STO) is a fundraising event where security tokens are sold from a security token exchange. STOs are viewed as a more regulated version of an ICO.

Full definition of Security Token Offering

Seed Phrase

A seed phrase is a randomly generated cryptographic combination of words that serve as a form password that allows private keys to your cryptocurrency wallet to be created.

Full definition of Seed Phrase

SegWit

SegWit or Segregated Witness refers to a Bitcoin Improvement Protocol (BIP) put forward by Peter Wiulle in 2017. The protocol aims to improve the transaction speed on the Bitcoin network in a bid to make transactions faster by removing transaction signature data.

Full definition of SegWit

Selfish Mining

Mining is the process that mints new coins and validates transactions on a cryptocurrency blockchain network. Selfish mining is a strategy that maximises returns for only a section of the miners.

Full definition of Selfish Mining

Sell Wall

Sell walls refer to a significantly large sell order or orders on the order books of an exchange. Other traders can see these sell walls on the books and are often incentivized to sell first, and high-net worth individuals like "crypto whales" can manipulate prices by creating sell walls.

Full definition of Sell Wall

Settlement Layer

ayers may be built around it. For example, Bitcoin is a settlement layer and the Lightning Network is a sidechain used to take some of the pressure off of Bitcoin.

Full definition of Settlement Layer

SHA-256

The SHA (Secure Hash Algorithm) is an algorithm used in Bitcoin and some other cryptocurrency networks to validate the integrity of the information stored in a block.

Full definition of SHA-256

Sharpe Ratio

Sharpe Ratio is an economic measure used by investors to evaluate an asset class’s expected return on investment with respect to its associated risk. Developed by William F. Sharpe in the mid-nineties, the Sharpe Ratio is also referred to as the Sharpe Index, and it simply implies how much asset return an investor stands to...

Full definition of Sharpe Ratio

Sharpe Ratio

Sharpe ratio is an economic measure used by investors to evaluate an asset class's expected return on investment with respect to its associated risk.

Full definition of Sharpe Ratio

Side Chains

Sidechains are independent blockchains running parallel to the main blockchain to which it is pegged. It refers to a side blockchain that is interoperable but non-dependent on its main blockchain. 

Full definition of Side Chains

Smart Contract

Smart contracts refer to self-executing programs that run on the Ethereum blockchain, enabling developers to set specific triggers or conditions in the contract which must be met before the contract is executed. 

Full definition of Smart Contract

Smart Contract Audit

A smart contract audit works the same way as a regular code audit. It involves a thorough investigation of the code for flaws before releasing it to the public.

Full definition of Smart Contract Audit

Smart Token

Smart tokens are regular tokens that can be exchanged for value alongside the relevant information required to execute its transaction. Smart tokens operate like any token on the Ethereum blockchain; however, they carry an added functionality leveraging ERC-20 smart contracts.

Full definition of Smart Token

Soft Cap

The soft cap is the smallest specified limit of funding required to successfully launch a new crypto project during an ICO.

Full definition of Soft Cap

Solidity

Solidity is a high-level programming language used to develop smart contracts primarily on the Ethereum blockchain and on other blockchains.

Full definition of Solidity

Source Code

Source code is the language or string of words, numbers, letters and symbols that a computer programmer uses which is readable by humans but not computers.

Full definition of Source Code

Stablecoin

A stablecoin is a cryptocurrency pegged to the price of another asset in order to reduce volatility -- for example, USDC is pegged to the price of the US dollar.

Full definition of Stablecoin

Staking Pool

Staking pools enable holders of a cryptocurrency to pool their assets together to increase the chances of being chosen to verify the next block of transactions on a blockchain network.

Full definition of Staking Pool

Support

Support is a form of technical analysis indicator that predicts whether the value of an asset will rise or fall. A trader looks at the price movement of investment and marks trendlines along regions where the price has previously bounced back, implying a greater demand than supply for the commodity.

Full definition of Support

T

Tangle

The IOTA Tangle is a type of distributed ledger technology (DLT) that is specially designed to enhance and advance the Internet of Things (IoT) ecosystem.

Full definition of Tangle

Tank

Tank is a popular term commonly used in mainstream media to describe a sudden and significant price dip of a particular crypto asset or the crypto markets in general. It typically refers to a negative performance of a financial asset (stocks, commodities or cryptocurrency). Rally(ing) vs Tank(ing) Similar to pump(ing) and dump(ing), a crypto asset...

Full definition of Tank

Technical Analysis

Technical and trend analysis are ways of evaluating crypto market activity using charts and statistics to capitalize on and take advantage of patterns or deviations from the mean. Technical analysis generally refers to all statistical analyses of markets.

Full definition of Technical Analysis

Tether (USDT)

Tether (USDT) is a stablecoin pegged to the US Dollar. Tether was developed by cryptocurrency exchange Bitfinex in 2014 to create a connection between fiat currencies and cryptocurrencies. One of the biggest barriers to mainstream adoption of crypto is price volatility. Stablecoins have been designed to combat this issue. A stablecoin is a cryptocurrency that...

Full definition of Tether (USDT)

This is Gentlemen

Started out as an error when writing “This is it, gentlemen”, This is gentlemen is now used during any crypto-related announcement considered to be good news, especially via social media.  Typically used in like Reddit or Bitcoin Forum, “this is gentlemen” is used to introduce exciting news about an ongoing crypto project or a crypto...

Full definition of This is Gentlemen

Timelock/Locktime

In cryptocurrency, timelock (or locktime) is a restriction mechanism built into crypto transactions that define an actual time or block height to confirm a transaction on the blockchain network. Think of this as functionality for scheduling transactions.

Full definition of Timelock/Locktime

Tipset

A tipset refers to a collection of non-empty blocks that make up the blockchain of a storage system such as Filecoin.

Full definition of Tipset

Token Generation Event

A Token Generation Event (TGE), sometimes referred to as token launch, is an approach used by businesses and projects to crowdsource funds by generating and offering tokens in a blockchain-based network.

Full definition of Token Generation Event

Token Lockup

A token lock-up refers to the act of restricting the sale of a particular token by early investors for a pre-defined period of time. In other words, token holders will not be able to sell their assets until the lock-up period is elapsed.

Full definition of Token Lockup

Tor

Tor is a network that allows users to connect to the internet in a decentralized and anonymous way. Tor achieves this via a mix of encryption and indirect routing. When a user connects to the Tor network, their traffic is routed via three random nodes or relays before arriving at its final point.  The Tor...

Full definition of Tor

Total Supply

A total supply of a coin is the number of coins or tokens that currently exist and are either in circulation or locked away in a reserve. It is the sum of coins that have been mined excluding the total of coins that were burned or destroyed.

Full definition of Total Supply

Total Value Locked (TVL)

Total Value Locked or TVL for short is a formula that shows an indicator of how much asset value is ‘locked up’ or staked in a Defi lending or money market.

Full definition of Total Value Locked (TVL)

Trading Bot

Trading bots are automated software programs that trade cryptocurrencies or other financial markets based on predefined conditions. Implementation of an automated trading bot can be an accumulation, to long-term holding strategies and stop-loss.  Finding crypto trading bots to implement a specific trading strategy, competing to attain the highest “win rate”, or percentage of profitable trades...

Full definition of Trading Bot

Transaction ID (TXID)

A transaction ID (TXID) or transaction hash is the random string of characters that identifies every transaction which has been verified and added to the blockchain.

Full definition of Transaction ID (TXID)

Trezor Promo Code

A Trezor Promo Code or Trezor Discount Code is a special code or voucher that allows users to purchase Trezor hardware wallets at a discounted price. These promotional codes are often provided by Trezor as part of special offers, promotions, or partnerships with other brands. By applying the Trezor Promo Code or Trezor coupon during...

Full definition of Trezor Promo Code

Turing Complete

Turing Complete refers to the ability of a computer or system to run any algorithm or solve any computational problem, provided it is given the necessary instructions, time, and memory. Most modern programming languages are Turing Complete, such as C++, Python, and JavaScript. In order to be referred to as Turing complete, such a system...

Full definition of Turing Complete

U

Unit of Account

Unit of account is an economic term referring to the property of a financial instrument as a standard unit measure of something. Simply put, it is that property of money that makes it possible to compare the value of items such as cars, houses, or artworks.

Full definition of Unit of Account

Unstoppable Domains

Unstoppable Domains (UD) is a company that sells blockchain-based domain names. Users receive a unique domain name instead of numerous account names or long crypto addresses.

Full definition of Unstoppable Domains

UTC Time

UTC time (Coordinated Universal Time) simply refers to the world's time standard as using standardized timing makes it easier to communicate time among various crypto communities.

Full definition of UTC Time

Utility Token

A utility token is a digital asse with a specific functionality on a blockchain -- this is distinct from coins or security tokens which are typically used only for price speculation.

Full definition of Utility Token

V

VapourWare

Vapourware is some old-school internet slang that refers to a piece of software that is being pitched or sold but isn’t likely to ever be seriously developed or completed. The first use of the term “vaporware” can be traced back to the 1980s. Ann Winbald, a Microsoft engineer, referred to a cancelled software product as...

Full definition of VapourWare

Virtual Machine

A virtual machine is a type of software that simulates all aspects of a physical computer system including an operating system, memory, storage and (virtual) network connections. 

Full definition of Virtual Machine

Virtual Real Estate

Virtual real estate, or VRE, as it is sometimes called, is a broad term that encompasses everything from NFT-backed digital buildings/spaces to entire online, metaverse-based worlds. These digital assets can be bought, sold, or even rented in a somewhat similar fashion to physical real estate.  The History It’s tempting to claim that VRE came into...

Full definition of Virtual Real Estate

Vitalik Buterin

Vitalik Buterin is a Russian-Canadian developer who co-founded Ethereum in 2014 at the age of 20, alongside co-founders Gavin Wood and Joseph Lubin, making him one of the richest, youngest and influential people in the cryptocurrency economy.

Full definition of Vitalik Buterin

Volatility

Volatility refers to the measure of price fluctuation of a cryptocurrency asset over a given period. Technically, it is defined as "a statistical measure of the dispersion of returns, measured by using the standard deviation or variance between returns from that same security or market index". 

Full definition of Volatility

Volume

Volume refers to how much of a cryptocurrency or crypto asset has been traded within a specified amount of time.

Full definition of Volume

W

Web3 Foundation

Web3 Foundation is an organization created to facilitate innovation and growth in Web3, a new stage of the internet stored on decentralized blockchain networks.

Full definition of Web3 Foundation

Wei

Wei is the smallest denomination of ether—the cryptocurrency used in the Ethereum network. One either is equivalent to 1,000,000,000,000,000,000 wei (1018).

Full definition of Wei

When Lambo

"When Lambo" is a slang term humorously referring to the aspiration to buy a Lamborghini luxury car with cryptocurrency profits.

Full definition of When Lambo

When Moon?

'When Moon?' is a common phrase and meme within the crypto community used to ask when a cryptocurrency will significantly appreciate in value.

Full definition of When Moon?

Whitelist

In the blockchain and cryptocurrency space, a whitelist is a term associated with Initial Coin Offering (ICO) events, or withdrawal addresses for exchanges. 

Full definition of Whitelist

Wick

A wick is a line in a candlestick chart that indicates where the price of an asset is fluctuating in regards to its opening and closing prices.

Full definition of Wick

Y

Year To Date (YTD)

Year To Date, or YTD, is a simple means of calculating the value or profitability of an asset throughout a single given year. To calculate Year To Date margins of profitability, subtract the value calculated for the first day of the ‘FY’ or Fiscal Year, January 1st, from its current value.

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Yield Farming

Yield farming is the act of trying to get the largest return (or yield) on your cryptocurrency assets though smart contracts.

Full definition of Yield Farming

Z

Zero-Knowledge Proofs

Zero-Knowledge Proof is a method where a party can prove to a verifier that a particular statement is true without conveying any information about the statement. The essence of ZK proofs is to prove what one knows without revealing it or giving additional information.

Full definition of Zero-Knowledge Proofs

Zk-SNARKs

Zk-SNARKs are cryptographic mathematical zero-knowledge proofs that allow one party referred to as a prover to prove that it possesses certain information to another party referred to as a verifier without revealing the information. 

Full definition of Zk-SNARKs