Crypto glossary

The competitive edge gained by a company that is first to introduce a new product or service to the market.

A government strategy that uses public spending and tax policies to influence a nation's economy

A term used to describe the event when Litecoin (LTC) surpassed Bitcoin Cash (BCH) in market capitalization.

A research organization focused on minimizing the negative impacts of Maximal Extractable Value (MEV) on blockchains, especially Ethereum.

Flippening refers to the potential event where Ethereum surpasses Bitcoin in market capitalization.

Forced liquidation occurs when an investor's assets are automatically sold to meet margin requirements or cover debts.

As the largest financial market in the world, Forex involves buying and selling currency pairs to profit from fluctuations in exchange rates.

A fork is an update to the blockchain protocol, creating two separate versions of the blockchain.

A process that uses mathematical proofs to ensure the correctness of cryptographic algorithms and blockchain mechanisms.

A mechanism in blockchain technology that verifies and challenges the validity of transactions to ensure data integrity.

Fren is a cryptocurrency slang term for a friendly and supportive community member.

A full node is a complete, independent ledger within a blockchain network that stores and verifies all transactions.

A method used to determine the intrinsic value of an asset by examining various economic, financial, and qualitative factors.

Fungibility refers to the property of an asset where each unit is identical in value and can be exchanged with any other unit.

A futures contract is a legal agreement to buy or sell an asset at a predetermined price on a specific future date.

GameFi merges blockchain technology with gaming, allowing players to earn real-world rewards and own in-game assets.

Gas is a unit on the Ethereum network that measures the computational power required for transactions and smart contracts. It determines the fees in ether (ETH) to maintain smooth and efficient network operations.

The gas limit is the maximum amount of gas a user is willing to spend on a transaction or smart contract execution on the Ethereum network.

A free software license that ensures software remains open and freely accessible, allowing users to modify and distribute it under the same General Public License terms.

The genesis block, also known as Block 0 or Block 1, is the first block in a blockchain network.

GitHub is a widely-used platform for developers to manage, share, and collaborate on code projects.

A popular greeting in the cryptocurrency community, used to promote positivity and connection.

A bullish technical indicator in cryptocurrency trading, occurring when a short-term moving average crosses above a long-term moving average.

The term Goldilocks refers to an ideal economic state where growth is steady, unemployment is low, and inflation is stable.

A peer-to-peer communication method used in cryptocurrency and distributed networks to ensure data consistency and reliability by spreading information from node to node.

A small denomination of Ether. Gwei is used in the Ethereum network to calculate transaction fees.

A hackathon is a collaborative event where programmers, designers, and tech enthusiasts come together to develop software or hardware projects within a short time frame.

A hacker is an individual with advanced computer skills who uses their knowledge to explore, manipulate, and sometimes exploit system vulnerabilities.

A meme that criticizes the Federal Reserve's practice of increasing the money supply to combat economic downturns.

An event where the rewards for mining new blocks are reduced by half. This process, occurring approximately every four years, helps maintain the scarcity and value of digital assets like Bitcoin.

The maximum limit of funds or tokens that a project aims to raise during an Initial Coin Offering (ICO). Once the hard cap is reached, no additional investments are accepted, ensuring a structured and transparent fundraising process.

A sudden economic slowdown following rapid growth, often resulting in increased unemployment and business closures.

A unique string of characters generated from any data using a mathematical algorithm. A hash verifies transactions and secures information without revealing the original data.

Hash rate measures the speed at which mining hardware processes complex mathematical puzzles in a blockchain network.

A feature that ensures secure, time-bound transactions by requiring cryptographic proof within a set timeframe.

Herd instinct refers to the tendency of traders and investors to follow the majority's actions in the market.

An advanced trading technique that uses powerful algorithms to execute a large number of trades in milliseconds.

Originating from a misspelling of "hold," HODL stands for "Hold On for Dear Life." It reflects a long-term investment strategy despite market fluctuations.

A type of scam in the cryptocurrency world designed to trick users and steal their digital assets.

A trading strategy that breaks large orders into smaller, visible portions to conceal the true order size.

Immutability in blockchain technology means that once data is recorded, it cannot be changed or tampered with.

The idea of making blockchains compatible with each other, enabling them to build on each other's features and use-cases.

An open-source project creating a peer-to-peer file system that can potentially revolutionize the way we use the Internet.

Stands for "I owe you" and is an informal document that acknowledges a debt, which can be monetary or related to other goods such as physical products or properties.

A margin balance allocated to individual positions, allowing traders to manage their risk on each position by restricting the amount of margin allocated and adjusting it individually.

The creation of new cryptocurrency tokens or coins according to the project creators' specified parameters.

Primarily known as a hash function that provides improved security compared to older hash algorithms like SHA-1 and SHA-2, though it can be used for other purposes as well.

A process used by banks and financial institutions to collect identifying data and contact information from current and potential customers with the purpose of preventing fraudulent activity, money laundering, the misuse of financial accounts, and other illicit activities.

The time delay between an input and the received output, which is present at all levels of computing, and in cryptocurrencies, it can also refer to the delay in the blockchain network or the exchange.

The law of demand establishes a relationship between the price of an asset and the quantity demanded.