Plain-English definitions of the cryptocurrency, blockchain and trading terms you will meet as you learn.
Specialized mining devices
Algorithms designed to resist ASIC dominance
Exceptionally high gains.
Alphanumeric strings where cryptocurrencies are sent and received,
Token distribution campaign to a specific audience.
Oracle node providing data flow in the API3 protocol.
A stable cryptocurrency with supply regulated by algorithms.
A measure of an investment’s performance relative to a benchmark.
All cryptocurrencies other than Bitcoin.
A political philosophy embraced by parts of the crypto community.
Peer-to-peer token exchange without intermediaries
An authority masternode is the networked server running the VeChainThor full node program.
Investor holding onto losing tokens
It is the blockchain network that coordinates the parts of the chain and manages validator records and staking transactions in Proof-of-Stake (PoS) based…
The coordination chain of Ethereum 2.0
Prolonged market downtrend
It is a business license issued by the New York State Department of Financial Services that allows to conduct virtual currency transactions.
A cash machine or ATM that allows the user to buy and sell Bitcoin.
Bitcoin Dominance; It is the ratio that shows how much the Bitcoin market value corresponds to the value of the total cryptocurrency market.
Someone who believes that the price of Bitcoin will rise.
In blockchain-based systems, it refers to the time required to generate new blocks.
An application that allows the user to view the details of a particular block on the blockchain. They are also called blockchain browsers.
The block title is a unique identifier of the block that is hashed by the Proof-of-Work consensus algorithm, which incentivizes mining.
A block producer (BP) is a person or group whose hardware is selected to validate block transactions. Like most Proof of Stake (PoS) blockchain networks,…
In blockchain technology, block size refers to the total amount of data that can be inserted into a single block in the chain.
Distributed ledger technology
Blockchain tribalism is when the blockchain or cryptocurrency community becomes ideologically committed to a particular blockchain or cryptocurrency.
A Bonding Curve is a mathematical curve that describes the relationship between the price and supply of a value asset.
Prolonged market uptrend
Destruction of tokens to reduce supply
Byzantine Fault Tolerance (BFT) is the property that allows a computer system to reach consensus independently, even if some of its components fail.
Since mining requires computing power, the process of creating or mining cryptocurrency using a central processing unit (CPU) is called "CPU mining" or…
Hybrid of centralized and decentralized finance
Cryptocurrency mining is done with computing power rented through companies.
It is the offline storage of cryptocurrencies via non-custodial hardware wallets, USBs, offline computers or paper wallets.
A cryptocurrency wallet that works without connecting to the internet and offers cold storage.
Offline cryptocurrency storage
Composable DeFi refers to interoperability between different DeFi protocols.
In the combinable token model defined by the ERC-998 standard, NFT assets gain the ability to own other NFT assets (ERC-721) and fungible tokens (ERC-20).
Consensus is established when network participants agree on the order and content of blocks on the blockchain.
Agreement among network participants
The core crypto wallet can contain all blockchain data, not just a part of the blockchain network.
Using a computer to mine cryptocurrency without the user's consent.
The Custodian or custodian is responsible for the safe custody of assets belonging to the organization or individuals.
The Cypherpunk movement promotes the use of cryptography and other privacy-oriented technologies to advance socially and politically.
Community-governed organization without centralized control
Exchange without intermediaries
Common warning to conduct individual research
Daedalus Wallet is a multi-platform, open-source, hierarchical and deterministic wallet that can generate an infinite number of keys from a single seed…
RenVM is run by a decentralized network of computers called "darknodes". They offer their computing power and storage to anyone who meets certain…
Ecosystem of decentralized financial applications
The DeFi Aggregator, or DeFi aggregator, lists transactions from various DeFi platforms in one spot.
Peer-to-peer platform that allows users to buy and sell cryptocurrencies without the need for an intermediary.
They are assets of value that exist only in digital form, unlike traditional physical coins.
They are ledgers where data is stored on a network of decentralized nodes. A decentralized ledger does not necessarily contain cryptocurrency.
A ledger that is accessed by multiple participants and stored in multiple locations. The basis of blockchain technology.
An electronic signature or e-signature is any electronic stamp such as a sign, sound or symbol that replaces a physical signature in the official…
It is the ERC-1155 digital token standard created by Enjin and offers more security compared to older token standards.
Ethereum token standard for fungible assets
ERC-223 is the Ethereum token standard that allows users to securely transfer tokens to a digital wallet and is backed by smart contracts.
The standard used for unique Ethereum tokens.
Ethereum token standard for NFTs
ERC-777, derived from ERC-20, is a tradable token standard that enables backwards-compatible connection to the token contract.
ERC-827 is the ETH token standard developed to go beyond the current limits of the ERC 20 standard, especially in asset transfer and confirmation…
ERC-884 is the standard that allows stocks issued by Delaware corporations to be converted into tradable ERC-20 tokens.
ERC-948 is a new Ethereum token protocol designed for subscription service businesses to connect with customers and allows subscription-based transactions.
The computational engine of Ethereum
In computer science, an "edge node" is a computer that acts as a gateway for the end user to establish connections with other nodes.
Effective Proof of Stake is a version of Harmony's Proof of Stake consensus mechanism that aims for both security and decentralization.
It is a Bitcoin wallet with a simple interface that can run on Windows, MacOS and Linux.
A group of organizations and companies working together to move the Ethereum network forward.
The complete run of the training data set from start to finish through the algorithm is called an "epoch" in machine learning.
Equity capital corresponds to the funds that can be returned to the company's shareholders in the event that all assets belonging to the company are…
Erasure Coding or Erasure Character Coding is the storage of data in multiple locations by segmenting, expanding and encoding it with redundant…
EVM, the "Turing complete" virtual machine that ensures that the code developed is executed as intended, provides a working environment for each smart…
Investor psychology based on fear of missing opportunities
Spreading fear and misinformation
Fakeout is a sudden and temporary movement that tricks traders into thinking that a new trend is emerging in the market, when in fact it is not.
Traditional government-issued currency
"Fiat on-ramp" is a method of buying cryptocurrency with fiat or traditional money (fiat).
Flash loan attacks occur when malicious actors exploit smart contracts.
A blockchain split into two versions
Fraud Proof is a technological method that acts as a bond in a decentralized environment using Optimistic Rollup (OR).
Front Running is when someone who has information about a future transaction adds their own transaction to the queue.
They are nodes that download the entire blockchain history to observe and enforce the established rules.
Fully Homomorphic Encryption is a type of scheme that allows random computation on encrypted data.
The ability to exchange any cryptocurrency or token for another identical cryptocurrency or token.
Often associated with pay-to-play (P2E) productions, GameFi is a fairly new term for both the gaming and cryptocurrency industries.
Transaction fee on the Ethereum network
It is a term used on the Ethereum platform that refers to the maximum amount of Gas a user is willing to spend to perform any transaction.
The first block of a blockchain network
Tokens backed by physical gold.
Long-term holding strategy
Hal Finney is the cryptographer and programmer who, along with Satoshi Nakamoto, pioneered the development of Bitcoin.
The event where Bitcoin rewards are cut in half
Irreversible blockchain upgrade
The hash is the fixed-length hash output generated by the algorithm that encrypts and secures the data.
The online storage of secret keys for faster access to cryptocurrencies. *see Cold Storage.
Cryptocurrency wallets that allow crypto assets to be stored in an internet-connected format.
Online cryptocurrency wallet
A test used to determine whether an asset is a security.
First-time token sale
Token sale via a decentralized exchange
Immutability is the property that describes the inability of any data to change over time.
ICO, short for Initial Coin Offering, is a crowdfunding or crowdsale where early-stage companies use cryptocurrency to raise capital.
Initial dex offering (IDX) was developed as an alternative to initial token offering (ICO) projects.
Client identity verification procedure
Layer 0 is the network structure that runs underneath the blockchain system. It consists of elements such as protocol, connectivity, hardware and miners…
Base blockchain protocol layer
Scaling solutions built on top of Layer 1
Liquid staking allows users to use their tokens in the DeFi ecosystem while staking them.
Liquidation means converting the asset or cryptocurrency into fiat money or its equivalent.
Liquidation transactions accumulate in a row and cause sudden price changes.
The ability to easily buy and sell any cryptocurrency without affecting the overall market price.
The ease of converting assets into cash
An independent blockchain structure that runs its own network using its own technology and protocol.
The primary blockchain network
Total value of a cryptocurrency
They are cryptocurrencies that are created as a joke and allegedly offer their holders huge profits.
Merkle tree is a data structure used in computer science and cryptography to verify the integrity of stored or transmitted data.
The Metaverse is the digital universe that includes real-world elements such as real-time interaction and economic structures. It offers end users an…
A person who mines to contribute to the blockchain network.
Miner Extractable Value (MEV), also known as Max Extractable Value, is a measure of the profit a miner can make by determining which transactions to…
The process of validating transactions and creating new blocks
Unique digital asset
Third-party data provider for blockchains
This term, often preferred to describe blockchain networks, describes the fact that there is no authority that sets the rules for who can use the system…
Consensus mechanism based on staking
Consensus mechanism based on computational effort
A secret key granting access to funds
A piece of code generated by asymmetric key cryptography that is paired with a public key to decrypt data that has been hashed.
Simply put, PoSt means proving that a network participant has spent a certain amount of space on storage.
It's using a pseudonym, just like "Satoshi Nakamoto".
The public address is the encrypted hash equivalent of the public key. Like a traditional bank account, it is the address the user uses to receive…
Fraudulent project abandonment by developers
Bitcoin is the name of the person or group that developed the currency.
Recovery phrase for crypto wallets
Self-executing contract with code-based rules
Protocols that execute automatically on the blockchain,
A contract or transaction that buys or sells cryptocurrency on the market for payment or delivery in real time.
Cryptocurrency pegged to a stable asset
Locking tokens to support network operations and earn rewards
The T-Address is one of two address types used when transparency is demanded for transactions in the privacy-focused cryptocurrency Zcash.
It is an alternative blockchain network that developers use for testing.
Token issuance is the process of creating new tokens and adding them to the total token supply of a cryptocurrency.
Token lock-up refers to the period of time during which cryptocurrencies cannot be traded or traded.
A token sale refers to the opening of a cryptocurrency for sale to a limited group of investors before it is officially launched.
The economic model of a token
The total assets locked is the sum of the assets staked within the protocol.
It is an open ledger that is not controlled by one person, but is accessible to everyone.
They are tokens specifically designed for the execution of any transaction.
A node responsible for validating transactions
Digital storage for cryptocurrencies
A form of market manipulation in which traders both sell and buy the same cryptocurrencies, creating artificial activity in the market.
The vision of a decentralized internet
Earning rewards by providing liquidity to DeFi protocols
Cryptographic method of proving a statement without revealing underlying data
