A
51% Attack
on a blockchain occurs when a group of miners controls more than 50% of the network’s mining hash rate. Attackers possessing a majority of the network’s control can prohibit other miners from completing blocks, halting the recording of new blocks.
All-Time-High (ATH)
is the highest price (or market cap) that an asset has reached since its listing or inception.
Altcoins
a broad range of cryptocurrencies that have mostly gone unnoticed in compared to bitcoin, have their own compelling arguments for acceptance.
Arbitrage
Buying and selling securities, money, or commodities in separate markets or in derivative forms at the same time in order to profit from price differences for the same asset.
B
Bear Market
is characterized by a strong market decline with considerable price drops over a short period. Cryptocurrency markets are smaller and hence more volatile than regular markets.
Bitcoin
is a decentralized digital currency where it buys, sells, and exchanges directly without an intermediary like a bank. It is a sort of digital currency that works independently of a central bank and keeps track of transactions while also generating new units of currency through the computational solving of mathematical puzzles.
Blockchain
is a digital ledger of all the transactions and data is stored in blocks, which are then connected together via cryptography.
C
Candlestick
charts show the high, low, open, and closing prices of a security for a given period. Traders looking for chart patterns can use candlesticks.
Cold wallet
is a piece of hardware or another form of physical device that allows cryptocurrency holders to access their holdings.
Confirmed
When a transaction is confirmed, it implies the network has authorised it and it has been permanently added to the blockchain.
Crypto tokens
are cryptocurrency that sits on a blockchain and represents an asset or a specified usage. It is created through initial coin offerings & is frequently used to raise funding for crowd sales.
D
Death Cross:
is a technical chart pattern that indicates a major sell-off is approaching. When a stock’s short-term moving average crosses below its long-term moving average, a death cross appears on the chart.
Decentralization
is a digital technology is used in a decentralised market to allow buyers and sellers of securities to engage directly with each other rather than meeting at a regular exchange.
Decentralized application (DAPPS)
are digital applications or programs that reside and execute on a blockchain or peer-to-peer network of computers rather than a single computer, and are independent of any single authority’s control.
Diamond Hands
A bravery action in continuing to hold an extremely risky financial position. This may take the form of either refusing to sell a badly losing position (waiting for it to recover while risking even larger losses) or refusing to sell a highly profitable position (waiting for even greater gains while risking the loss of earlier gains). Technically, it means traders who believe in the eventual profitability of their stocks and securities and keep holding them while their value drops.
Digital Asset:
is a collection of binary data which is self-contained, uniquely identifiable, and has value. A cryptocurrency is a type of digital asset that is based on a network that spans a huge number of computers. They can exist outside of the control of governments and central authorities because of their decentralized structure.
E
ERC-20
is an approved framework for proposing Ethereum (ETH) network enhancements. On the Ethereum blockchain, this is a typical standard for issuing tokens.
Ethereum
is a blockchain platform with its cryptocurrency. Ethereum is a decentralized public ledger for verifying and recording transactions.
Exchange traded fund (ETF)
is a collection of securities that trade like stocks on a stock exchange. When compared to buying equities separately, ETFs have lower expense ratios and lower broker commissions.
F
Fat Finger
refers to an act of clumsiness or inaccurate typing of certain numbers/letters caused by a human pressing the worng key when using a computer to input data. Sorry. Fat finger error right there. *wrong
Fish
is a person hwo holds a small number of cryptocurrency assets. It is also called as “minnow”.
FOMO:
FEAR OF MISSING OUT (FOMO) is a term used in the crypto world. FOMO is the anxiety that comes from thinking that other people are having a good time or having a one-of-a-kind experience.
FUD
“Fear, Uncertainty, and Doubt.” It is a method for influencing public perception of certain cryptocurrencies or the cryptocurrency market as a whole by spreading unfavorable, misleading, or incorrect information about it.
G
Gas Price
are expressed in gwei, which are tiny fractions of ether. The cost of performing a transaction on the Ethereum blockchain is referred to as gas.
Gwei
is a unit of the cryptocurrency ether (ETH), which is used to buy and sell goods and services on the Ethereum network.
H
Hard Fork
is a blockchain network that has a significant transformation to a network’s protocol that turns previously invalid blocks and transactions valid, or vice versa.
HODL
is explained as an acronym for “hold on for dear life”. When a cryptocurrency drops dramatically or increases to become highly profitable to sell, “Hodl” is designed to encourage users not to sell impulsively.
Hot wallet:
is an online platform or application that allows investors or merchants to access their cryptocurrency holdings.
I
Initial coin offering (ICO):
is a method of raising funds from the public by issuing tokens in exchange for cryptocurrency. Although it is frequently used as a type of crowdfunding, a private ICO that does not seek public money is also possible.
J
JavaScript
is a powerful programming language. Crypto-js also provides the functionality to encrypt and decrypt objects in a deep level.
JOMO
The opposite of FOMO. Instead of fear, it means Joy-Of-Missing-Out.
K
KYC: Know Your Customer (KYC)
the mandatory process of identifying and verifying the client’s identity when opening an account and periodically over time.
L
lambo
The abbreviation of “Lamborghini”; the Italian supercar brand. Lambo is a commonly used term by crypto traders in expressing their excitement over getting rich from their cryptocurrencies investments.
liquidity
The ease with which a cryptocurrency can be purchased and sold without affecting the overall market price is referred to as its liquidity.
M
Metamask
is a cryptocurrency wallet that allows people to store and trade Ethereum and other ERC-20 tokens.
Mining:
The process of confirming a transaction and publishing it to the blockchain in a public blockchain. Which the successful miner is rewarded in the network’s cryptocurrency.
N
Non-fungible Tokens (NFTs)
is a digital asset that depicts real-world elements such as art, music, in-game items, and films. They’re bought and traded online using cryptocurrency, and usually encoded with the same softwares as many other cryptos.
O
OpenSea
is the largest marketplace for NFTs. They discover, collect, and sell extraordinary NFTs.
P
Peer-to-peer (P2P):
A (P2P) network in the blockchain is one in which peers can connect and transact with one another without the need for an intermediate or third party to provide confirmations or other verification processes.
Private key:
is a type of cryptography that allows user to access their coin or transaction. It works in the same way as a password and helps to safeguard user from identity theft and unauthorized access to funds.
Pump & Dump
cryptocurrency schemes are intended to take advantage of individuals while producing a lot of money for scammers. They usually involve influencers who are paid to encourage people to buy a certain digital coin to increase its value.
Q
Quantum Bit (Qubit)
is a unit measurement also known as qubit (or quantum bit). This is a mechanical analogue of a classical bit.
R
Ransomware
is a sort of malicious software that encrypts files on a computer or mobile device in order to demand payment.is a sort of malicious software that encrypts files on a computer or mobile device in order to demand payment.
Regulated exchange
is a market over which government bodies oversight and control. Market regulation is often controlled by the government regulation and involves determining who can enter the market and the prices they may charge.
REKT
is an internet slang term for “wrecked”, which refers to something that has been significantly damaged or ruined. Rekt in the crypto world describes someone who has suffered a significant financial loss as a result of a bad trade or investment.
S
Satoshi
was named after the founder of bitcoin, known as Satoshi Nakamoto. A satoshi is the smallest unit of a bitcoin which is equal to 100 millionth of bitcoin. Bitcoins can be divided into smaller amounts to make smaller transactions easier.
Short & Long:
Refer to whether a trade was initiated with a purchase or a sale. When you’re in a short trade, you borrow an asset, sell it, and hope to buy it back when the price goes down.
SINEGY
comes from synergy itself — “The whole is greater than the sum of its parts”, expresses the basic meaning of synergy.
Smart Contract:
is a self-executing contract in which the conditions of the buyer-seller agreement are put directly into lines of code. The code, as well as the agreements it contains, are disseminated throughout a decentralized blockchain network.
Stablecoin:
is a crypto asset that is typically in the form of a coin or token and is linked to or maintained by an underlying asset such as a currency or a basket of commodities.
T
Token
a unit of value that usually has some other value proposition other just transferring currency (like a coin) on a blockchain,
Two-factor authenticator
is a process of confirming a user’s alleged identity by using a combination of two different components, for instance, a password and a physical token
U
Unconfirmed
When a transaction is made, it is unconfirmed until the network has examined the blockchain to guarantee that no other transactions involving the same coin are currently waiting. The transaction has not been added to the blockchain in its unconfirmed state.
V
Vitalik Buterin
Canadian-Russian programmer & writer who is best known as one of the co-founders of Ethereum.
Volatility
is a metric that measures how much an asset’s price fluctuates. When compared to other assets, cryptocurrency prices are notoriously unpredictable, with huge price fluctuations occurring frequently.
W
Wallet
is identified by a unique code that represents its blockchain “address.” The wallet address is public, but it contains a number of private keys that determine who owns the balance and how much it is worth.
Wei
is the smallest unit of either after Wei Dai, much as a satoshi is the smallest unit of bitcoin; both are the smallest units from which a user can conduct a transaction.
Whales
in the crypto world are those who own a big number of coins of a certain cryptocurrency. They become powerful enough to control the value of a cryptocurrency because they hold huge amounts of it.
White paper
is to promote specific products, services, technology, or approach and influence the decisions of present and potential consumers or investors.
X
XRP (Ripple)
is a blockchain-based digital payment network and technology that has its own cryptocurrency. It makes it as the most valuable blockchain-based tokens in terms of market capitalization.
Y
YTD
stands for the term Year-to-Date.
Z
Zero Confirmation Transaction
A different way of phrasing an unconfirmed transaction. This includes a transaction that has not been sent to a block which causes a normal transaction that receives no confirmations runs the risk of becoming double spending.