Check out crypto glossary of terms list for traders. Over the past few years, cryptocurrency has been making and breaking news for all good reasons.
It has attracted several investors and traders to try their hand at it and even make handsome returns on their investments.
However, to be a successful crypto trader or investor, you will not only need to know how to trade but also be updated with the latest news and events happening in this exciting world.
But, the problem is that the news and events come with terms and jargon that are native to this technology but alien to a common man.
If you know a little bit about cryptocurrency, then you will know the common terms used in this field.
For the beginners, it is enough to know the terms like Altcoin, Bitcoin, bitcoin cash, block, blockchain, cryptocurrency, coin, crypto exchange, cold wallet, digital fiat, decentralization, decentralized finance, decentralized applications, digital gold, Ethereum, fork, gas, genesis block, HODL, halving, hot wallet, hash, Initial Coin Offering, market cap, mining, node, Non-Fungible Tokens, peer-to-peer, public key, private key, Satoshi Nakomoto, smart contracts, stable coin, token, and wallet.
However, if you want to do advance trading, you will need to know over and beyond the commonly used terms.
You will also need to know the specific names, the memes, the slang, and everything else that you may come across during your journey through the crypto world.
- 289 Crypto Glossary of Terms List for Traders
- 1. Account Abstraction Layer
- 2. Account Model
- 3. Address
- 4. Admin Key
- 5. Airdrop
- 6. Algorithm
- 7. Algorithmic Trading
- 8. Annual Percentage Yield
- 9. Anti-Money Laundering
- 10. ATL
- 11. ATH
- 12. Alpha
- 13. Altcoin Trader
- 14. Anarcho Capitalism
- 15. API
- 16. Arbitrage
- 17. Ashdraked
- 18. ASIC
- 19. Astroturfing
- 20. Atomic Swap
- 21. Attack 51%
- 22. Attestation Ledger
- 23. Bag
- 24. Backtesting
- 25. Bear Market
- 26. Bear Trap
- 27. Bid-Ask Spread
- 28. Bitcoin ATM
- 29. Bitcoin Improvement Proposal
- 30. BitLicense
- 31. Bits
- 32. Block Explorer
- 33. Block Height
- 34. Block Reward
- 35. Block Lattice
- 36. Bollinger Band
- 37. Bots
- 38. Bor Nodes
- 39. Brute Force Attack
- 40. Bubble
- 41. Bug Bounty
- 42. Bull Market
- 43. Bull Trap
- 44. Burned
- 45. Buy The F**** Dip
- 46. Buy Wall
- 47. Byzantine Fault Tolerance
- 48. Byzantine Generals Problem
- 49. Candlesticks
- 50. Central Ledger
- 51. Centralized
- 52. Chain Split
- 53. Change
- 54. Chargeback
- 55. Cipher
- 56. Circulating Supply
- 57. Close
- 58. Cloud Mining
- 59. Collateral Token
- 60. Co-Signer
- 61. Community Node
- 62. Confirmations
- 63. Consensus
- 64. Consortium Blockchain
- 65. Correction
- 66. Cross-Chain Communication
- 67. Crypto Angel Investor
- 68. Crypto Fundamental Analysis
- 69. Crypto Jacking
- 70. Crypto Asset
- 71. Cryptographic Hash Function
- 72. Cryptography
- 73. Custodial
- 74. Cypherpunk
- 75. Dark Web
- 76. Date of Launch
- 77. Day Trader
- 78. Dead Cat Bounce
- 79. Death Cross
- 80. DAICO
- 81. Decentralized Autonomous Organizations
- 82. Decentralized Exchange
- 83. Decryption
- 84. Deflation
- 85. Delegated Proof of Stake
- 86. Depth Chart
- 87. Derivative
- 88. Derivatives Market
- 89. Deterministic Wallet
- 90. Difficulty
- 91. Digital Commodity and Digital Currency
- 92. Digital Identity
- 93. Digital Signature
- 94. Dildo
- 95. Directed Acyclic Graph
- 96. Distributed Consensus
- 97. Distributed Denial of Service Attack
- 98. Distributed Ledger Technology
- 99. Discord
- 100. Dolphin
- 101. Dominance
- 102. Double Spending
- 103. Dump
- 104. Dust Transactions
- 105. Emission
- 106. Enterprise Ethereum Alliance
- 107. ERC 20
- 108. ERC 721
- 109. Escrow
- 110. Ethereum Improvement Proposal
- 111. Ethereum Virtual Machine
- 112. Exchange Traded Fund
- 113. Faucet
- 114. Fiat
- 115. Fiat Pegged Cryptocurrency
- 116. Fish
- 117. Flippening
- 118. Flipping
- 119. FOMO
- 120. FUD
- 121. Futures
- 122. Gas Limit and Gas Price
- 123. Gold Backed Cryptocurrency
- 124. Gwei
- 125. Hacking
- 126. Hard Cap
- 127. Hard Fork
- 128. Hash Function and Hash Rate
- 129. Hidden Cap
- 130. Hierarchical Deterministic Wallet
- 131. Hybrid PoW or PoS
- 132. Hyperledger
- 133. Immutable
- 134. Inflation
- 135. Initial Bounty Offering
- 136. Initial Token Offering
- 137. Instamine
- 138. Intermediary
- 139. JOMO
- 140. KYC
- 141. Lambo
- 142. Ledger
- 143. Leverage
- 144. Lightning Network
- 145. Limit Order
- 146. Liquidity
- 147. Long
- 148. Mainnet
- 149. Margin Call
- 150. Margin Trading
- 151. Margin Position
- 152. Market
- 153. Market Order
- 154. Masternodes
- 155. Max Supply
- 156. mBTC
- 157. Merkle Tree
- 158. MicroBitcoin
- 159. Microtransaction
- 160. Mineable Crypto
- 161. Miners
- 162. Mining Contract
- 163. Mining Pool
- 164. Mining Reward
- 165. Mining Rig
- 166. Minnow
- 167. Mixing Service
- 168. Mnemonic Phrase
- 169. Mnemonics
- 170. Money Transfer License
- 171. Moon
- 172. Moving Average Convergence Divergence
- 173. Mt. Gox
- 174. Multi-Signature
- 175. Network
- 176. No-coiner
- 177. Non-custodial
- 178. Nonce
- 179. Off-Ledger Currency
- 180. On-Ledger Currency
- 181. Offline Storage
- 182. Online Storage
- 183. One Cancels the Other Order
- 184. Open Source
- 185. Open or Close
- 186. Option
- 187. Options Market
- 188. Oracles
- 189. Orphan
- 190. Over The Counter
- 191. Overbought
- 192. Oversold
- 193. Pair
- 194. Paper Wallet
- 195. Permissioned Ledger
- 196. Platform
- 197. Ponzi Scheme
- 198. Portfolio
- 199. Pre-mine
- 200. Pre-sale
- 201. Proof of Authority
- 202. Proof of Burn
- 203. Proof of Developer
- 204. Proof-of-Stake
- 205. Proof of Work
- 206. Protocol
- 207. Public Address and Blockchain
- 208. Pump and Dump Scheme
- 209. QR Code
- 210. Raiden Network
- 211. Rank
- 212. REKT
- 213. Relative Strength Index
- 214. Replicated Ledger
- 215. Reverse Indicator
- 216. Ring Signature
- 217. ROI
- 218. Satoshi
- 219. Scam
- 220. Scrypt
- 221. Second Layer Solutions
- 222. Securities and Exchange Commission
- 223. Seed Phrase
- 224. Segregated Witness
- 225. Selfish Mining
- 226. Sell Wall
- 227. SHA 256
- 228. Sharding
- 229. Shiba Token
- 230. Shilling
- 231. Shitcoin
- 232. Short
- 233. Side Chain
- 234. Silk Road
- 235. Simplified Payment Verification
- 236. Soft Cap
- 237. Soft Fork
- 238. Solidity
- 239. Spot
- 240. Spot Market
- 241. Staking
- 242. Stale Block
- 243. State Channel
- 244. Symbol
- 245. Taint
- 246. Tangle
- 247. Technical Analysis
- 248. Testnet
- 249. Tether
- 250. Think Long Term
- 251. This is Gentlemen
- 252. Ticker
- 253. Time lock
- 254. Timestamp
- 255. Token Generation Event
- 256. Tokenize
- 257. Tor
- 258. Total Supply
- 259. Trade Volume
- 260. Trading Bot
- 261. Transaction
- 262. Transaction Fee
- 263. Trezor
- 264. Trustless
- 265. Tumbler
- 266. Turing Complete
- 267. uBTC
- 268. Unconfirmed
- 269. Unpermissioned Ledger
- 270. Unspent Transaction Output
- 271. UTC Time
- 272. Validator
- 273. Vanity Address
- 274. Vaporware
- 275. Virgin Bitcoin
- 276. Vitalik Buterin
- 277. Volatility
- 278. Wash Trade
- 279. Watchlist
- 280. Weak Hands
- 281. Wei
- 282. Whale
- 283. Whitelist
- 284. Whitepaper
- 285. XBT
- 286. Yellow paper
- 287. Zero Confirmation Transaction
- 288. Zero Knowledge Proof
- 289. Zerocoin Protocol
289 Crypto Glossary of Terms List for Traders
In order to help you in this regard and throw light on the crypto news, here is a glossary that includes much more than the common crypto terms, arranged chronologically.
This will help you decipher the meanings of each and in advanced trading.
1. Account Abstraction Layer
Account Abstraction Layer or AAL refers to the technical infrastructure which enables developing smart contracts, especially on Qtum blockchain.
This layer actually helps the foundational layer with its UTXO model to transfer to the accounts model to work on top of it. This helps make interaction easier and faster.
2. Account Model
This specific model is used by different smart contract platforms such as Ethereum.
It refers to the blockchain architecture which enhances the capabilities of the platform when it comes to value transfer and providing direct information.
However, this model restricts the scaling of transactions made per second.
This indicates the place or account where you can send cryptocurrency to and from.
This is denoted as a string consisting of numbers and letters and can be shared publicly as text or a QR code.
4. Admin Key
This is the specific key that can access the smart contract or the protocol of a crypto project to make the necessary changes.
This key belongs to the core team of the project or the founder, though this practice is argued by proponents citing reasons of security risks and contradiction to the concept of decentralized governance.
This is actually a marketing campaign. Specific tokens or crypto are distributed to the audience by the creator in order to promote it, build popularity, and encourage its usage.
Airdrops are made in exchange for simple tasks such as referring a friend, sharing news, or downloading an app.
It is a set of rules or processes followed by a computer to solve a problem or calculate operations.
7. Algorithmic Trading
Algorithmic trading refers to the specialized trading of digital assets using computer codes. It involves a specific set of mathematical calculations and directives which enable in completing multiple trades at the same time.
This helps in making more effective trades that are impossible to make by any human trader after considering the price, quantity, and timing and produce the best results consistently at a fast pace.
8. Annual Percentage Yield
APY or Annual Percentage Yield implies the rate of ROI for one year. This yield is calculated at compound interest and is added to the existing balance at the end of the year.
9. Anti-Money Laundering
Commonly termed as AML, Anti-Money Laundering is a term that is widely used in the crypto industry. The prime objective of it is to prevent illegal transfer or money to fund illegal activities including terrorism and cyber theft.
This comprises a set of rules, regulations and processes that every financial service is bound to comply with.
A short for All Time Low, it indicates the lowest price of the instrument since it was unveiled. This can be based on the records of a year, month, week, or a day.
Opposite of ATL, ATH refers to the All Time High price of a particular crypto coin on an exchange with reference to the current trading pair.
This too can be based on the records of a year, month, week, or a day.
This indicates the software development team that releases a product in stages to the general public.
Before that, the team solicits inputs, ideas, and suggestions obtained from the community to improve the product.
13. Altcoin Trader
This indicates a person who deals with any other type of cryptocurrency but not with Bitcoin. Some of the top Altcoins are ETH, BNB, ADA, DOT, LTC, LINK, XRP, and more.
14. Anarcho Capitalism
This is a specific school of thought or political philosophy.
They believe Bitcoin will give control and power to the masses and will remove centralized states to favor free markets, private property, and self-ownership.
It stands for Application Programming Interface. This is actually a set of protocols or routines or tools that are required to create a software application.
It indicates the data to be used, the actions to be taken, and how exactly the components of the software should interact.
This is the method in which people take advantage of the difference in the price of a specific commodity in two or more different markets.
An arbitrage trader usually buys from one market and sells the coin in another to make a profit.
This is the situation where all your money is lost, especially while shorting Bitcoin.
This situation actually refers to the story of a Romanian trader who went on shorting Bitcoin when the price increased from $300 to $500.
Application Specific Integrated Circuit or ASIC refers to a mining rig used to mine a particular cryptocurrency.
ASICs are often compared to GPUs which are more efficient in power and performance due to constricted use cases.
This indicates that a sponsor is hidden or ‘masked.’ This is a marketing strategy to show strong support for a particular crypto asset from the community while it is not actually.
20. Atomic Swap
This is a specific technology that is based on smart contracts. This allows exchanging different crypto assets without requiring an intermediary or a centralized market.
Also referred to as cross-chain trading, atomic swaps can be made in different blockchain networks as well.
21. Attack 51%
This indicates that more than half of the mining hash rate or the computer power on a specific network is run by an individual or a single group of people.
This means that the person or group of persons has total control of the network.
22. Attestation Ledger
This refers to the account book. This book records all evidence of every transaction which is used later on to attest or prove the authenticity of a financial or product transaction that took place.
A bag refers to the tokens or coins a person is holding in their portfolio. When the amount is significantly high, it is said that the account holder has ‘heavy bags.’
Based on the historical data available, a trading strategy is often simulated which is called backtesting.
The sole objective of this is to prove that the strategy is based on the historical results, though it does not always guarantee profits.
25. Bear Market
This indicates the negative trends of the crypto prices in a market. This term is also used widely in other traditional markets.
26. Bear Trap
When the traders manipulate the price of a crypto asset, a bear trap is set. They do so by selling crypto coins in large amounts, thereby fooling others who think that a price decline is coming up.
27. Bid-Ask Spread
This indicates the difference between the buying or bidding price and the selling or asking price of a specific crypto asset on an exchange.
Typically, the bid price signifies the demand for the particular crypto and the asking price implies the supply of it. If the bid-ask spread is quite high, it indicates poor liquidity.
28. Bitcoin ATM
Also termed as BTM, this refers to the machine where one can buy or sell Bitcoin and get fiat currency. There are more than 7500 active BTMs in the world as of now.
29. Bitcoin Improvement Proposal
BIP or Bitcoin Improvement Proposal is a technical design document.
This provides information to the Bitcoin community about the changes, new features proposed, environments, and processes that are affecting the protocol.
This is the business license issued by NYSDFS or the New York State Department of Financial Services to the crypto companies in New York.
This refers to the sub-unit of one Bitcoin which allows equal and easy exchange. One Bitcoin has 1,000,000 bits. This means the smallest Bitcoin unit is 0.00000001 of a Bitcoin, called a ‘Satoshi.’
32. Block Explorer
Block Explorer is an online tool.
This tool provides all relevant and vital information of all transactions made on a specific blockchain including the growth of transactions, the hash rate of the network, detailed analytics, each block, and public addresses.
This acts as a search engine for a particular cryptocurrency.
33. Block Height
This indicates the number of blocks on a blockchain prior to the block in question. It also indicates the total number of blocks in the chain that can be thought of before a particular point.
34. Block Reward
This is the incentive provided to a crypto miner for calculating a valid hash fruitfully while mining as well as for contributing to the functionality and security of the chain.
This encourages the miner to take part actively in the process in the best of their interest as well as that of the blockchain in a legitimate manner and not by hacking it.
35. Block Lattice
Block lattice indicates the data structure that is based on DAG or Directed Acyclic Graph as well as implies the consensus mechanism of NANO protocol.
This is a specific structure that enables the users to have total control over their blockchain. This actually results in quick transactions and a seamless network confirmation.
36. Bollinger Band
This tool helps in recognizing the prices of crypto coins. This tool was developed by Bollinger.
It helps the traders to know about the price and system patterns on a band with two distinct standard deviations which are away from the Simple Moving Average or Exponential Moving Average.
These are software programs that help in automated trading. It makes the process much simpler and faster and is based on a set of predefined algorithms of rules for buying and selling.
38. Bor Nodes
These nodes help in producing blocks on side chains. At the same time, it also ensures a stable connection to the EVM or Ethereum Virtual Machine.
This enhances the transactional output significant to the tune of 65,000 transactions per second.
39. Brute Force Attack
BFA or Brute Force Attack involves a trial and error method done by automated software.
This is done to crack a key or a specific code by considering a huge number of probable combinations.
This refers to a particular situation where the participants of the market push the price of a particular crypto coin over and above its value.
This results in a rapid and steep fall in prices when the market corrects itself.
41. Bug Bounty
This also refers to a reward but is offered only when a bug, vulnerability, or any issue in the computer code is discovered.
It is offered by the cryptocurrency companies as it helps them to avoid potential hacks and security breaches by unscrupulous parties.
42. Bull Market
Contrary to the Bear Market, Bull Market refers to the positive trends in the prices of the products.
Once again, it is also used in other traditional financial markets to indicate a strong uptrend in the prices in a short period of time.
43. Bull Trap
Similar to Bear Trap, Bull Trap also sends false signals to the market.
Here, the declining trend of the crypto asset seems to be on the upturn which is far from the reality. This results in losing money when the bulls go long.
This is the situation when a particular token or coin is deliberately made unusable or unspendable, permanently.
45. Buy The F**** Dip
Referred to as BTD or BTFD, Buy The F**** Dip is an exclamation of the supporters of a crypto coin. This is given when they buy the digital assets at a low point.
46. Buy Wall
When a specific crypto coin reaches a particular value, a large limit order is placed. This is called Buy Wall which is used by the crypto traders in order to make a definite impression in the market.
This eventually prevents the price of that particular crypto coin from dropping beyond that value. This happens because the demand for it will outshine supply while executing an order.
47. Byzantine Fault Tolerance
BFT or Byzantine Fault Tolerance refers to the strewn computing systems.
A fault tolerant mechanism will help in reaching a consensus without the components failing which may result in imperfect information.
48. Byzantine Generals Problem
This refers to the situation wherein a consensus is required from all the members in a network on a certain strategy to be followed. Byzantine Generals Problem is also used when a specific party cannot be verified or trusted.
This prevents posting inaccurate or false information about a transaction to others which may result in a network failure when the transaction takes place.
Also called candles in short, these refer to the graphing technique that indicates the changes in the price of a crypto coin over time.
Each of the candles offers four specific information such as the opening price, the closing price, the low and the high price.
50. Central Ledger
A central ledger is maintained by a bank or any other centralized agency authorized to do so. It contains all the records of a transaction.
Centralization is a specific concept that refers to the distribution of authority to a network or an organization.
The centralized system means that the decision-making and planning mechanisms are all concentrated at a specific point within that network.
52. Chain Split
This term is used to illustrate Fork. This is actually a situation where a particular blockchain is divided into two distinct chains.
In the crypto world, a chain split usually happens when a new rule for governance is built in the code of the blockchain.
All Bitcoin transactions made in a system consist of different inputs and outputs sent to it.
This system is called Unspent Transaction Output. While sending Bitcoins, you can do so only in a complete output. The remaining is sent back as change.
This is a common term used when a transaction is made through a credit card.
It refers to the demand made by the provider of the credit card to a retailer to do away with the loss incurred on a disputed or fraudulent transaction.
After authorization, the money is transferred or payment is reversed.
This is the name of the particular algorithm which encrypts and decrypts different information related to a transaction.
56. Circulating Supply
This refers to the number of coins at its best possible approximation that is circulating in the market currently through the hands of the general public.
This is the short for the closing price of a particular crypto coin. This is the same term that is used in traditional financial stocks as well.
58. Cloud Mining
Also termed as a mining contract, this refers to the process of mining crypto coins by using remote processing power borrowed from specific companies.
It is cost efficient because the miners do not need to invest in expensive mining rigs and hardware for the process.
59. Collateral Token
These tokens have several different use cases and act as collateral for the financial services. The collateral tokens follow the Reserve Protocol and help in maintaining the stability of the stable coins especially.
Similar to a financial loan, a co-signer is referred to as a person who is partially responsible. In the crypto world, a co-signer has partial access and control over a crypto wallet.
61. Community Node
These nodes can only be accessed and used by the members of the crypto.com community who use their blockchain ecosystem. It can be used for sending and receiving transactions as well as verifying and reading data.
When a transaction is added as a block or unit on the blockchain, it is said to be complete and at this point, it is said to have one confirmation.
Every other block added to the chain is considered as a separate confirmation. In order to consider a crypto transaction to be final, different crypto exchanges may have a varied number of confirmation requirements.
This refers to the state when all the members of a group or the participants in a network unanimously agree on a transaction and the order.
They also agree on the content of each particular block.
64. Consortium Blockchain
A bit different from the blockchain, as you may know, a consortium blockchain is a privately operated and owned blockchain.
Here the information shared by the consortium is not available to the general public readily. However, it relies on the transparent and incontrovertible traits of a blockchain.
Usually referred to the market situation, a correction is actually a reverse or negative movement in the price of a crypto coin by at least 10%.
This is done to adjust the general market conditions as well as the over valuations and under valuations of the cryptocurrency.
66. Cross-Chain Communication
This signifies the process of communicating between several blockchain networks. This enables value exchange as well as mutual interaction which results in interoperability of the blockchains.
67. Crypto Angel Investor
Angel Investors, also referred to as private or seed investors, typically look for the opportunities in the market to fund a project of a startup or an entrepreneur.
These individuals have high net worth who risk their money by investing in new methods in order to build their wealth. However, they also help an upcoming company in their venture.
68. Crypto Fundamental Analysis
This is the process followed by the crypto investors mainly to understand the core strengths and weaknesses of a particular crypto asset.
It helps them to determine the risks involved while investing in that particular crypto coin. Fundamental analysis also has a significant impact on the price action of the crypto coin.
69. Crypto Jacking
This refers to the illegal way to mine crypto coins by using the computer of another person without obtaining their consent.
70. Crypto Asset
Crypto assets have different functions such as a unit of account, a store of value, a decentralized application, or as a medium of exchange.
It is used to leverage consensus algorithms, cryptography, distributed ledgers, smart contracts, and P2P technology.
71. Cryptographic Hash Function
The transaction inputs can be of varied sizes and the cryptographic hashes produce a unique hash value for a fixed size.
This refers to the practice or the field of study that secures information on the transactions made by the parties.
This actually prevents the third parties or any other unauthorized person from reading that information, if they are not obscured.
This is in relation to the crypto exchanges and digital wallets and typically refers to the storage of keys. The service provider holds the private keys in this setup when they offer a login account.
This refers to those activists who promote the use of physically more powerful cryptographic solutions and their adoption on a mass scale.
They also advocate technologies for enhancing privacy so that political and social progress can be enacted.
75. Dark Web
This refers to that specific part of the content on the internet that exists on the dark nets. A dark net is that which is not indexed by the search engines.
These nets can only be accessed with the help of particular advanced software. It also needs specific authorizations and configurations to access.
76. Date of Launch
This refers to the day on which a particular ICO will initiate the sale of its tokens.
77. Day Trader
Day traders are those who hold the crypto assets for a short time and execute intraday trades.
They typically do not hold their positions overnight and especially deal with extremely liquid crypto assets to make the most out of the price fluctuations in the short term.
78. Dead Cat Bounce
When there is a temporary recovery in the prices of the crypto coins noticed especially after a huge decline, it is termed as dead cat bounce in crypto.
79. Death Cross
This term signifies a bearish trading signal. Technically, this is the situation when the 50-day MA falls below the 200-day MA. This triggers the selling off of the crypto assets. Death Cross is just the opposite of the Golden Cross trading signal.
A short for Decentralized Autonomous Initial Coin Offerings, DAICO is the particular method in which decentralized funding is made for a crypto project.
This is done by combining the ideas from DAOs and ICOs. These are proposed by the creator of Ethereum, Vitalik Buterin, which helps in the governance of the ICO process.
This allows the backers to vote for a fund return provided specific conditions are fulfilled.
81. Decentralized Autonomous Organizations
Commonly termed as DAO, this is an organization that operates strictly according to the rules laid down in the smart contracts.
82. Decentralized Exchange
Known as DEX, this is a P2P exchange. Users can buy and sell crypto coins and other digital assets on this platform without the help of any central intermediary.
This refers to the procedure of transforming unreadable encrypted data back into an unencrypted form to make them readable.
Opposite of inflation, this refers to the decrease in the prices of assets in an economy on a general level.
In the crypto world, it particularly refers to the deflationary monetary policy of Bitcoin by keeping its supply fixed.
85. Delegated Proof of Stake
DPoS refers to the consensus mechanism. The users here have the right to vote for those delegates that produce blocks on a blockchain.
Their votes are in proportion to their stake. The ulterior objective of Delegated Proof of Stake is to create environmental friendliness and increase the efficacy of the consensus protocols of the blockchain.
86. Depth Chart
This refers to the graph which indicates the buying or bidding requests as well as the selling or asking requests.
The chart is prepared on the basis of the limit orders and indicates the particular point when the market is expected most to recognize a transaction.
A derivative refers to the particular contract that derives its value based on the performance of a particular asset underlying as well as its rate of interest and price index.
88. Derivatives Market
This is the public market where derivatives and other instruments such as options and futures contracts are derived from other types of crypto assets.
89. Deterministic Wallet
This is a specific type of crypto wallet that acquires keys from an opening point.
This point is called a seed. It is very useful because until and unless you have the seed, you will not be able to restore your wallet or create any backup of it.
Though a simple term, it is very important in the crypto world since it helps to know the relative measure of the difficulty in determining a new block.
In Bitcoin, this is adjusted from time to time based on the function and amount of hashing power deployed by the miners in a particular network.
91. Digital Commodity and Digital Currency
A digital commodity is an intangible asset that has a specific value and can be transferred electronically.
A digital currency, on the other hand, allows instant transfer of ownership and transactions across the borders. It is also known as digital money or electronic currency or electronic money.
92. Digital Identity
This refers to the digital storage and representations of personal details such as name, address, and social security number. In crypto and blockchain, this identity is usually decentralized and is used for more secure verification.
93. Digital Signature
This is actually a digital code. This is initiated by key encryption. It is adhered to the document that can be transmitted electronically.
This e-signature is needed to verify the identity of the sender as well as the contents of the document.
This refers to the long red or green bar on a price graph which indicates the changes in the prices of a crypto coin.
These changes are in relation to the red and green candles that you will find on the price charts.
95. Directed Acyclic Graph
DAG or a Directed Acyclic Graph refers to a specific structure. The design of DAG is unique.
It has only one particular direction which ensures that it is not repeated.
96. Distributed Consensus
This refers to the collective agreement by the different nodes in a network.
This agreement is achieved without the need of any central authority and it works in a decentralized manner.
97. Distributed Denial of Service Attack
DDoS attack refers to a cyber attack made by a perpetrator with an intention to make a particular computer or an entire network corrupted and unavailable to process the legitimate requests for a transaction by disrupting the internet services connected to the host.
98. Distributed Ledger Technology
Commonly termed as DLT, these are the specific ledgers wherein transaction data is stored.
The technology underlying the distributed ledger can be private or may be available across the set of connections of decentralized nodes.
Discord is a platform where users can communicate with each other through voice or video calls and instant messaging.
This platform is quite well known in the crypto circle which allows the crypto investors, traders, and fans to ask questions about a project as well as keep in touch with the founder or the core team of the project.
This refers to a person who holds a reasonable amount of crypto coins which is not as high as a whale but is certainly much higher than a fish or a minnow.
Commonly known as BTC Dominance, this refers to the specific index that helps in comparing the market cap of Bitcoin with that of all other crypto coins that are existing and active in the market.
102. Double Spending
This is actually a situation where a specific amount of money is spent more than once, of course illegitimately.
Dumping means selling off the entire amount of coins that you are holding as of now.
This can also be a collective sell-off action by the market which results in the downward movement of the price of that particular crypto coin.
104. Dust Transactions
This refers to the minuscule transactions. When there are a large number of minuscule transactions made by the people deliberately to disrupt the functionality, it slows down the network.
Also known as emission rate, emission curve, or emission schedule, this refers to the speed of creating as well as releasing new coins.
106. Enterprise Ethereum Alliance
EEA or Enterprise Ethereum Alliance refers to the group developers of Ethereum. It also refers to the startups as well as large corporations who work to commercialize Ethereum and its use for different business purposes and applications.
107. ERC 20
This indicates a standard of Ethereum tokens. This term is used specifically when smart contracts are used to implement the tokens.
Actually, it refers to the set of common rules that define the interactions of the tokens including data access as well as transfer between different addresses.
108. ERC 721
This is another standard of Ethereum tokens but indicates those that are non-fungible.
According to the Ethereum Improvement Proposal published in 2017, this set of rules enables the smart contracts to function as tokens that can be traded very much like the ERC 20 tokens.
This refers to an account that is created based on the contractual arrangement between the two parties involved in a transaction.
The third party can disburse and receive documents and money for the principal transacting parties.
The disbursement however depends on the conditions that are agreed upon by the parties involved in the transaction.
An escrow can even be automated when smart contracts are used on the blockchain.
110. Ethereum Improvement Proposal
Ethereum Improvement Proposal or EIP entails the standards an Ethereum platform needs to maintain while operating with respect to its core protocol, specs, contracts, and client APIs.
111. Ethereum Virtual Machine
EVM is a special virtual machine that is Turing complete. This machine can execute a code exactly as it is intended to while maintaining the consensus throughout the blockchain.
It is actually the runtime setting for all smart contracts.
112. Exchange Traded Fund
An ETF or Exchange Traded Fund is a security. These funds track a bunch of assets including bonds, stocks, and now cryptocurrencies but all these can be traded combined as a single stock which is managed by a fund manager.
This refers to a specific reward system in cryptocurrency which is usually available on the app or website.
The users are rewarded for completing a task or set of tasks. This technique is mostly used by the crypto companies when they launch Altcoin so that the people gain interest in the coin.
This refers to the currency that is considered to be the ‘legal tender’ and is supported by the central government. It is controlled by the Federal Reserve with the help of its own banking system.
Fiat currency can be in the form of physical cash and it can also be represented electronically like in a bank credit.
115. Fiat Pegged Cryptocurrency
This term is used to indicate a token, coin, or an asset that is produced on a blockchain but is linked to the currency issued by a bank or the government.
Also called ‘pegged cryptocurrency’, these coins guarantee a certain cash value in reserve at all times.
The term fish or a minnow is used for a person who holds a very little amount of crypto coins. They do not have any role to play in moving the prices of the coins up or down as the whales can.
This term refers to the anticipatory situation where the market cap of Ethereum will surpass that of Bitcoin.
This term, popularized by real estate investments, refers to a particular investment strategy where something is bought in anticipation of a price rise in the future when it will be sold to make a profit.
This is usually done in a short time. However, in crypto and ICOs, this refers to investing in coins that are yet to be listed on an exchange and selling them quickly when trading is started in the secondary market.
This stands for ‘Fear of Missing Out’ and is usually used with reference to investing. This indicates the apprehension for losing on a potentially lucrative investment opportunity and repenting on it later on.
This is the acronym for ‘Fear, Uncertainty, and Doubt’ and is used as a strategy to influence the crypto market in general as well as change the perception of the people regarding a particular crypto coin.
This is done by spreading false information, negative facts, and misleading figures. One who spreads FUD is known as a FUDster.
This refers to a particular contract that signifies a legal and standardized agreement for buying and selling a specific digital commodity at a predetermined price in a specified time frame in the future.
These are not the same as forward contracts that can be conducted over the counter or customized according to a particular trade.
122. Gas Limit and Gas Price
This term is used to indicate the maximum amount of gas a user wants to spend to make a transaction on the Ethereum platform.
On the other hand, gas price refers to the price the user is willing to pay to make a transaction.
If the gas price is higher, it will encourage the crypto miners to prioritize a specific transaction over the others.
123. Gold Backed Cryptocurrency
This specific type of crypto coin or token represents a specific value of gold. Usually, one gram of gold is equal to one coin.
This physical amount of gold is safely stored and when required it can be traded with the coin holders.
This short for Gigawei refers to the denomination used particularly to define the cost of gas required to make a transaction that involves Ether. One Gwei is actually 1,000,000,000 Wei, the smallest unit of ether.
Hacking refers to the unauthorized process of manipulating a computer by using another computer remotely.
126. Hard Cap
This indicates the highest amount that an Initial Coin Offering can amass. When this level is reached, there will be no more funds collected.
127. Hard Fork
This refers to the change in the protocol which validates all those transactions that were considered as invalid previously and vice versa.
The hard fork needs all users and nodes to upgrade to the most recent version of the software for forked protocol.
A hard fork permanently splits a coin into two. One of them follows the old protocol in the blockchain and the other fork follows the latest protocol.
128. Hash Function and Hash Rate
A hash function is used to map the arbitrary size of data into a fixed size. Hash rate or hash power, on the other hand, refers to the unit that measures the amount of computing power required by the network to operate continuously.
Depending on the hashes produced in a second, it can be denoted in KH/s, MH/s, GH/s, TH/s, PH/s, or EH/s.
129. Hidden Cap
This term refers to the unknown limit of the amount of money that an ICO is expected to receive from the investors. The main objective of it is to allow the smaller investors to put in their money.
Hidden cap levels the playing field since the large investors cannot have an accurate knowledge about the total cap and accordingly adjust their investment.
130. Hierarchical Deterministic Wallet
An HD wallet is also a protocol that supports the generation of crypto wallets by using 12 mnemonic phrases from one single master seed.
131. Hybrid PoW or PoS
This is a specific consensus distribution algorithm that supports both Proof of Stake and Proof of Work mechanisms on a network.
This results in a much better functionality that blends the energy efficiency and governance of PoS and the security aspect of PoW.
Hyperledger is a foundation that acts as an umbrella to protect all blockchain related tools and open-source blockchains. This ensures a much better and collaborative development of distributed ledgers based on blockchain.
This refers to the property which does not allow making any changes in the chain over time.
Opposite of deflation, this indicates the rise in prices of the crypto assets with a simultaneous fall in the purchase value of money.
135. Initial Bounty Offering
Initial Bounty Offering or IBO in the crypto world refers to the process of making a crypto coin public and its distribution to the general public for a limited period of time.
IBO is aimed at those people who are more mentally committed and are ready to invest their time, effort, and skill into it to receive rewards in the new crypto coin in return.
136. Initial Token Offering
ITOs are pretty much the same as the ICOs with the only difference in the focus which is on its offering with proven and unproven inherent utility in the usage of the token in the ecosystem or in the form of software.
This refers to the short period of time after the launch of a crypto coin. Within this condensed time frame a major portion of the total coins that are mineable is mined. This may also be distributed quickly to the investors unevenly.
Also called a middleman, an intermediary can be an entity or an individual who acts as a mediator between the two parties involved in a transaction.
Their job is to smooth the process to reach a suitable and favorable agreement so that directives could be carried out easily and the transaction can be completed quickly.
This is the opposite of FOMO and stands for ‘Joy of Missing Out.’
Though strange, this is actually applicable for the no-coiners who are happy to be not involved in crypto trading especially when the prices of coins are falling or there is a scam unearthed in an ICO.
An abbreviation for ‘Know Your Customer,’ this is the obligatory process followed by a crypto company or a traditional bank to verify the identity of the parties involved in a transaction.
This is done in accordance and in line with the AML or Anti Money Laundering laws of the world.
A short for the exotic car Lamborghini, this term is often used in cryptocurrency in the excitement of getting rich.
When the crypto community asks ‘When Lambo’ it means that they are asking when the price of a crypto coin would increase again.
This term refers to the record of the financial transactions made which can only be appended over time as and when a new transaction is made but cannot be changed.
This indicates the loan offered by the broker on a crypto exchange when margin trading is made. This is done to add to the availability of funds.
144. Lightning Network
This term indicates the ‘second layer’ of the payment protocol. It works on top of a blockchain and theoretically enables faster and more scalable transactions made across and between the participating nodes.
This specific protocol is considered to have resolved the scalability issues that Bitcoin suffered from.
145. Limit Order
This term is the same as Limit Buy and Limit Sell and is used when a trader places the orders for buying or selling the crypto coins when the price of it reaches a particular point.
This is not the same as market orders because this is the point where coins are sold at the best available price.
This term indicates the ease in buying and selling of crypto coins in the market without affecting the overall market price.
This term refers to a particular situation when a trader typically buys crypto coins with an intention to sell them off later on at a higher price to make a profit.
This is an independent and live blockchain. This typically operates using its own protocol and technology on its distinct network.
In this protocol, own crypto coins or tokens are used in comparison to testnet or other projects that run on top of other popular networks like Ethereum.
149. Margin Call
This is the situation when the value of the account of an investor is less than the amount for margin maintenance.
In such a situation, the broker usually demands securities or additional money to be deposited by the investor to meet that minimum maintenance amount required so that the user can carry on with his trading.
150. Margin Trading
This refers to the common practice followed by the traders to borrow funds from the broker in order to continue trading crypto coins.
This, in turn, becomes the collateral for the loan. This is quite a risky process to follow by any inexperienced trader because they can get a margin call if and when the market moves in a direction opposite to the trades.
151. Margin Position
This refers to the position you take while margin trading. If you are ‘short’ on margin it is called the margin bear position and if you are ‘long’ on margin it is termed as margin bull position.
This refers to the online or offline arena where you can make commercial dealings.
Commonly termed as ‘crypto market,’ it refers to the collective crypto coins and projects that are currently operating in the industry.
A crypto market is different from a traditional stock market since it does not close ever.
153. Market Order
Market Order or Market Buy or Market Sell in crypto indicates the buying or selling of crypto coins at the best available price on an exchange.
These orders are usually filled because crypto buyers and sellers are always ready to trade.
These refer to the servers that are maintained by the owners of it.
Similar to full nodes, a masternode comes with added functionalities such as clearing transactions, keeping transactions anonymous, and even taking part in voting and governance.
155. Max Supply
This refers to the optimum amount of a specific crypto coin that may exist in its entire lifetime. This is however an approximation at its best.
This refers to MilliBitcoin and is sometimes denoted as m฿. One unit of it indicates 0.001 part of Bitcoin.
157. Merkle Tree
Merkle Tree is a cryptography that looks like a tree. Every leaf of it denotes every single node in the network. A hash of a data block is used to label each leaf.
The non-leaf nodes are labeled with a cryptographic hash of the child node labels.
The main purpose of this tree, also known as Hash Tree, is to ensure more secure and efficient verification of the blockchain contents simply by looking at the top hash since every change results in an upward growth.
Denoted as uBTC, this denotes one-millionth or 0.000001 part of a Bitcoin. However, this is not a fork of Bitcoin.
This refers to the specific business model that allows making very small payments in exchange for regular digital services and goods such as an item of a game or a page of an eBook.
160. Mineable Crypto
A few specific cryptocurrencies may have a system to reward the miners for contributing their hash power to create blocks with new crypto coins through a confirmation process.
These are called mineable coins. Those cryptocurrencies that can be generated only by staking and annual inflation are considered as not mineable.
They are the ones who take part in active mining and contribute to a blockchain.
They can be amateur miners who set up a rig at home or office, or professional miners, or other organizations that are involved in large scale operations.
162. Mining Contract
This is another term used for cloud mining where the users can invest in online mining or mine on rent.
163. Mining Pool
This refers to the collective setup of several miners where their computing power is combined to expand economies of scale along with competitiveness in creating a new block on the blockchain.
Also called group mining, the rewards in this process are divided on the basis of the agreements and the mining pool.
164. Mining Reward
Offered usually in transaction fees or newly minted crypto coins or a mix of both, a mining reward is that which results from contributing computing power to the transaction process.
165. Mining Rig
This can be the whole computer or a piece of hardware that is used for mining crypto coins.
This is an alternative term used to depict a Fish or one that holds an insignificant number of crypto coins.
167. Mixing Service
It is also referred to as Tumbler and indicates the service that helps in improving the anonymity and privacy of crypto transactions.
It mixes other discrete transactions with tainted or potentially identifiable cryptocurrencies which makes it more difficult to track the usage of the coins or their ownership.
168. Mnemonic Phrase
This is also known as seed phrase or mnemonic seed which entails a set of words used in a particular sequence in order to restore or access the crypto assets.
Mnemonics are however letters or associations that act as the memory aids of the system helping it to recall.
170. Money Transfer License
Money Transmitter or Money Transfer License depicts the official code of the United States which when obtained allows a money transfer service or any other related business entity to transfer services.
It can also transfer payment instruments such as cryptocurrency, real currency, or anything that has value.
This refers to the situation when there is a continuous increase in the price of a crypto asset.
172. Moving Average Convergence Divergence
Commonly referred to as MACD, this is a specific method to conduct technical analysis.
It uses an indicator that follows the trend and its momentum in order to establish a relation between two Moving Averages of crypto price. It is obtained by deducting the 26-day EMA from the 12-day EMA.
173. Mt. Gox
This refers to one of the first websites that allowed the users to exchange fiat to Bitcoin and vice versa. Created by Jed McCaleb and launched in 2006 as Magic:
The Gathering Online Exchange (full form of Mt. Gox) was shut down in 2014 after nearly 850,000 Bitcoin was reported lost or stolen.
Also written as multi-sig, these refer to the addresses that offer an additional layer of protection and security to the users while making any transaction that will need more than one key in order to authorize it.
All nodes that are currently in operation are referred to as a network of a blockchain considering any given point of time.
This simply refers to those people who do not have any crypto coins in their portfolios. These are the people who strongly believe that cryptocurrency will fail for sure, sooner or later.
In relation to the crypto exchanges or wallets, this typically refers to the storage of keys. In this type of setup, the private keys are typically held directly by the user making it much safer.
A nonce is an arbitrary number that can be used only once. It is generated when a miner hashes a transaction.
179. Off-Ledger Currency
This term refers to the currency which is typically minted out of the particular blockchain ledger. However, this blockchain should be used and accepted.
180. On-Ledger Currency
On the other hand, the on-ledger currency is the one that is minted as well as used on the blockchain ledger.
181. Offline Storage
This means storing crypto coins in systems or devices that are not connected to the internet.
182. Online Storage
This refers to storing crypto coins within the device that is connected to the internet. Though this is more convenient to use, it also comes with a significant amount of risks.
183. One Cancels the Other Order
Termed as OCO in short, this indicates the specific situation in which two separate orders for crypto coins are placed simultaneously.
According to the rule, when one order is accepted, the other is cancelled automatically.
184. Open Source
This usually refers to a software type where the holder of the license and copyrights allows the users to study, distribute and even change the software.
Apart from that, it also indicates a common philosophy of the participants who believe in open and free sharing of information for the superior common good.
185. Open or Close
Though it is somewhat irrelevant in the crypto world since the market never closes, these two terms actually indicate the price of the crypto coin at which it opens and closes during a particular time period of the day.
This term refers to the contract that gives the buyers the right to buy or sell a crypto asset at a specific strike price. However, this is not an obligation.
Typically there are American and European options where the American option can be used at any time before the date of expiration and the European option can be used only at the date of expiration.
187. Options Market
This refers to the public market where the buyer can buy or sell a crypto coin at a particular price on or before the specified date.
This is the term used for an agent that bridges the gap between the blockchain and the real world by finding and verifying information.
It provides all of the necessary data to the smart contracts for executing the contracts according to the conditions mentioned.
This refers to the block that is valid on the blockchain but is not an active part of the primary chain. This situation may arise when two different miners generate two different blocks at the same time.
It is also referred to as a ‘detached block’ particularly when an attacker attempts to reverse transactions.
190. Over The Counter
OTC defines a transaction that is made outside an exchange usually on a P2P platform through private trades.
This indicates buying of a specific crypto coin in large numbers by the investors which results in an increase in its price over time. This is the time when it is good to sell off your holdings.
Just the opposite of overbought, this refers to selling a large number of coins which results in a decrease in its price over a period of time. This indicates a good time to buy crypto coins.
Pair or trading pair is the combined trading of one crypto coin with another.
194. Paper Wallet
This is the term used to indicate the physical documents that contain the seed phrase or private key.
195. Permissioned Ledger
This is a specific ledger that is created with restrictions. It means that only a few people or business entities can have the permission to access the ledger.
This refers to the parent blockchain of the crypto coins or tokens. In addition to that, it also refers to the crypto exchange where you can trade your coins.
197. Ponzi Scheme
A Ponzi scheme is ideally a fraudulent investment. In this method, funds are collected from the new investors to make the payments accrued to the existing investors.
This refers to the collection of crypto coins or assets held by a person, an investment company, a financial institution, or a hedge fund.
This is the situation where some or the entire initial supply of a crypto coin is generated during or even before it is launched for the general public instead of generating it through inflation or mining over time.
It is usually a legitimate practice that is followed for the purpose of marketing or crowdfunding.
This is the situation where a sale of a crypto coin is done before making an ICO available.
201. Proof of Authority
PoA or Proof of Authority refers to the consensus mechanism of a blockchain. This is much more efficient and delivers faster transactions comparatively since it uses the identity of the users as a stake.
202. Proof of Burn
PoB or Proof of Burn is also a blockchain consensus mechanism that aims at bootstrapping one blockchain to another.
This results in an increased efficiency in energy since it verifies the cost incurred in burning the coin, a process in which it is sent to an unusable or unspendable address.
203. Proof of Developer
PoD or Proof of Developer refers to the verification process for finding the evidence of a living and real software developer of a crypto coin.
This is done to prevent an unknown developer from gaining the funds raised by the coin without delivering the working model.
PoS or Proof of Stake is another specific consensus mechanism of blockchain that involves selecting a creator of the next block.
This is done through different combinations at random considering the age and wealth of the crypto coins or tokens that are staked.
205. Proof of Work
PoW or Proof of Work blockchain consensus mechanism involves solving the puzzles that are more intensive.
It needs more computational power to create new blocks and even to validate transactions.
This term refers to the set of rules that help in defining different interactions on the network.
Such interactions usually involve network participation, validation of a transaction, and consensus on a blockchain.
207. Public Address and Blockchain
Typically, the public key comes with a cryptographic hash which is termed as the public address.
This address allows the users to use it while making a payment request. A public blockchain is however the one that is accessible easily by anyone.
208. Pump and Dump Scheme
This refers to a specific type of securities fraud. It involves artificial inflation of the price of a crypto coin which is done by making misleading and false positive statements.
This enables a perpetrator to sell the stock they hold at a much higher price than they purchased it.
209. QR Code
This refers to the label that can only be read by a machine. It contains all the necessary information.
All these are encoded within a square inch of a pattern in black and white. In crypto, the QR code is used widely to share the wallet address easily with others.
210. Raiden Network
This refers to the off-chain solution for scaling on the Ethereum blockchain and is aimed to provide the users with an instant payment that is more scalable and for a low fee. This is very much similar to the Lightning Network of Bitcoin.
This indicates the comparative position of a crypto coin in a list prepared on the basis of respective market capitalization.
This is a crypto slang and a short for ‘wrecked.’ This indicates a bad loss incurred during a trade.
213. Relative Strength Index
RSI or Relative Strength Index is a type of technical analysis. It is useful for the crypto traders especially. This momentum oscillator measures the speed of the price movements of a crypto coin and the changes in it.
The indicator oscillates between 0 and 100. Created by J. Welles Wilder, this oscillator indicates that a coin is overbought when the indicator points above 70, and when it is below 30 it indicates that the crypto coin is oversold.
214. Replicated Ledger
This is a replica of a distributed ledger. It is distributed among all the participants in a network.
215. Reverse Indicator
This indicates a person who is always wrong in judging the price movements of a crypto coin. Traders usually use them as a reference to know how and when NOT to place an order for buying or selling crypto coins.
216. Ring Signature
This is a method followed that enhances the privacy aspect while making a trade. It usually fuses the inputs of several signers with the signature of the original sender. If it matches, a transaction is authorized.
This is the short for ‘Return on Investment’ and is calculated as the ratio of the cost of investment and the net profit made from it.
Denoted as SATS, Satoshi indicates the smallest unit of Bitcoin. The value is actually 0.00000001 BTC.
In the crypto industry, a scam is referred to as any deceptive Initial Coin Offering or a fraudulent cryptocurrency.
This refers to the alternative Proof of Work algorithm to SHA-256. It is used in mining Bitcoin and it relies more on the memory rather than the CPU power.
The main purpose of it is to lessen the benefits that ASICs typically have and at the same time increase energy efficiency and network participation.
221. Second Layer Solutions
This refers to the set of solutions that are created on top of a public blockchain.
The objective of it is to enhance the efficiency and scalability of the blockchain while performing any particular actions or making micro-transactions.
222. Securities and Exchange Commission
Commonly termed as SEC, this refers to the independent agency of the federal government of the United States.
SEC is in charge of proposing new security rules, enforcing federal securities laws, regulating the securities industry, and also governing the stocks and options exchanges of the nation along with all other allied organizations and activities.
223. Seed Phrase
This indicates the only starting point while one derives the keys to a deterministic wallet.
The seed phrase usually contains a set of words that enables the wallet owner to create a backup or restore the wallet quickly.
224. Segregated Witness
SegWit is a BIP or Bitcoin Improvement Proposal. This is designed to do away with the malleability aspect while transacting Bitcoin.
It segregates the block content and signature which reduces the size of the blocks and at the same time enhances its capability to support second layer solutions.
This was not possible in the past since the transaction ID and consequent hash were changed as a result of changes made in the signatures or witness information.
225. Selfish Mining
This is a situation where a new block is mined but the miner does not show it to the other miners.
This selfish motive gives the miner a distinctive edge over the other miners because they get a chance to create a second block and more much faster than the other miners.
This not only allows them to create a long public chain but also negates all of the other blocks created by the time the truth is discovered.
226. Sell Wall
This indicates the situation where a trader places an outsized limit order while selling a crypto coin when it reaches a specific value.
This is called a Sell Wall and is sometimes used to make a specific impression on the market.
This prevents any further rise in the price of the crypto coin above the value because the supply of it will surpass the demand as and when the sell order is executed.
227. SHA 256
This stands for Secure Hash Algorithm and refers to a cryptographic hash function. This is usually used to produce a signature in 256-bit for a text and is commonly a practice in Bitcoin Proof of Work.
This, ideally, is one of the two SHA-2 algorithms designed by the United States National Security Agency.
This refers to the scaling approach in cryptocurrency which allows the splitting of the blockchain states into parts. Each part contains transactions and states history which helps in processing each shard in parallel.
229. Shiba Token
This refers to the decentralized meme tokens. These tokens grow gradually into a more vivacious ecosystem.
This indicates the act of promoting a crypto coin or an Initial Coin Offering enthusiastically.
This term is actually used to indicate those crypto coins that have no potential value or any obvious usage.
This is a technique followed in crypto trading where the trader borrows a particular crypto asset to sell it but with an anticipation that the price of it will continue to fall when it can be bought again to repay the loan.
This allows the trader to make the difference in profit.
233. Side Chain
Side chain refers to the particular blockchain ledger that runs parallel to the main blockchain. In this type of a setup, there exists a two-way link between the side chain and the primary chain.
This ensures that the side chain operates autonomously by using distinct ledger mechanisms and protocols.
234. Silk Road
In a dark web, there were several online black markets that were referred to as Silk Road. Though these are shut down by the FBI now, these black markets usually received Bitcoins to facilitate a transaction.
235. Simplified Payment Verification
Termed as SPV, it indicates an insubstantial client and verifies the transactions made on a blockchain.
This verification is done by downloading the block headers only. It also requests for the proof of inclusion to a blockchain in the Hash Tree.
236. Soft Cap
This indicates the minimum amount that is intended to collect through an Initial Coin Offering. If, in case, the ICO fails to achieve the soft cap, it may be called off completely.
237. Soft Fork
This means an upgrade in the blockchain protocol so that only those transactions are made invalid that was considered to be a valid transaction previously. Miners need to upgrade their software to enforce soft fork during mining.
This is the particular programming language that is used to build up a smart contract on the Ethereum blockchain.
It is a transaction or a contract for buying or selling a crypto coin for the purpose of instant settlement. It can also be used for the delivery of crypto coins on the market or for payment.
240. Spot Market
Spot market refers to the public market where you can trade crypto coins to make immediate settlements. It is significantly different from the futures market where settlement is made at a later date.
This means the participation of a crypto trader in the Proof of Stake system. In this process, all the tokens are put in to act as a validator to the blockchain. In lieu of it, the trader receives rewards.
242. Stale Block
This is a block that is mined successfully but is not incorporated on the existing longest blockchain. The simple reason behind it is that another similar block of the same height was created and already included in the blockchain.
243. State Channel
A state channel represents the scaling solution of the second layer. This has the ability to diminish the total transactions on-chain that is necessary.
This is done by moving them off-chain and letting the users sign to the primary chain after making several transactions off-chain.
This is the ticker of a crypto coin such as BTC for Bitcoin.
Taint implies the percentage of crypto coins in a particular account that can be traced to any other account.
This is an alternative blockchain developed by IOTA. It uses acyclic graphs that can build up only in one specific direction.
This means that there will be no repetition and it will also be resistant to quantum computing.
247. Technical Analysis
Also known as Trend Analysis and denoted by TA, this is a method for evaluating the activities on the crypto market with the help of statistical analyses.
It includes trading volumes, prices of crypto assets, charts, and several other tools that can help a trader to identify a specific pattern to determine the current market trends and make an investment decision accordingly.
This is also an alternative blockchain that is created specifically for the developers to use for testing a crypto project.
Commonly denoted as USDT on the crypto exchanges, Tether is a stable coin that is regulated by the government which has a value of nearly 1 US dollar.
250. Think Long Term
This actually refers to the mindset of those traders, especially those who look for long term investment horizons usually for a couple of months to a year.
251. This is Gentlemen
This is another typo. The writer intended to write ‘this is it, gentlemen,’ but the error is now used to introduce good news in the crypto circuit.
Same as a symbol, a ticker is an abbreviation that is unique for a particular crypto coin which helps in easy identification.
253. Time lock
Also termed as lock time, this means a specific condition where a transaction can be processed only during the time mentioned.
This refers to the specific type of identification required for a specific transaction to occur. This usually comes with a date and time of the day. The time is very precise with the accurate fractions of a second mentioned.
255. Token Generation Event
This refers to the time when a token is normally issued.
This indicates the process of turning the real world assets into something that has a digital value. This token can provide partial ownership of the asset to various owners.
This free software enables secret communication. Tor is actually derived from ‘The Onion Router,’ the original name of the software project.
It can hide the location and usage of the users through an arrangement of volunteer relays.
258. Total Supply
This indicates the total number of crypto coins that are circulating in the market as of now but excludes those coins that have been burned.
259. Trade Volume
This indicates the number of crypto coins that have been traded within the past 24 hours. It also shows the movement and direction of the crypto coins and helps in predicting the future price of the coin as well as its demand.
260. Trading Bot
Used by both amateurs and professional crypto traders, this is actually an algorithm that can automate the trades made on a crypto exchange.
This refers to the act of exchanging crypto coins on the blockchain.
262. Transaction Fee
This is the charge of an exchange where a trader transacts crypto coins using their blockchain.
This refers to one of the most popular hardware wallets. The significant aspect of this wallet is that it supports several blockchains.
This refers to a specific property of the blockchain. This means that none of the participants on the blockchain need to rely on the other participants to enforce a transaction as intended.
This is another term used for indicating a mixing service.
266. Turing Complete
This signifies the capacity of a machine to do all necessary calculations just as efficiently as any other programmable PC.
Often denoted by u฿, uBTC represents 0.000001 part of Bitcoin.
This indicates the state of a transaction that has not been added to the blockchain.
269. Unpermissioned Ledger
This usually refers to the public blockchain which does not need any permission to access.
270. Unspent Transaction Output
This indicates the output of any transaction on the blockchain that is not spent yet. It can be used for making a new transaction by using it as an input. Ideally, the entire balance of the address is spread over several blocks on a blockchain.
271. UTC Time
This implies the universal time that is coordinated with the prime time standard which is typically used to regulate the time and clocks of the world.
In crypto, this time is important for making a trade since a slight delay can result in a significant loss due to unfavorable price movements.
This represents a contributor on a Proof of Stake blockchain who validates the blocks and earns rewards.
273. Vanity Address
This refers to the public address of a crypto coin with custom numbers and letters. These are normally selected by the owner of the address.
This means a specific crypto project that has not been developed ever. This term is also used for those crypto projects and software that may have been announced but was never released and cancelled later on.
275. Virgin Bitcoin
This refers to a particular Bitcoin that has not been spent ever.
276. Vitalik Buterin
This is the name of the Canadian-Russian programmer who is the co-founder of Ethereum and the inventor of smart contracts.
This is a very common term used in the crypto circle which refers to the statistical measure of the returns on investment and its dispersion.
Ideally, the calculation is based on the variance or standard deviation of the returns from the same market index or security.
278. Wash Trade
This refers to the manipulation made in the market by the investors through artificial activities created in it. In this process, they create a wrong impression for others by buying and selling the same crypto assets simultaneously.
This is a specific feature of a website that allows the users to make their own list of crypto coins that they wish to follow and observe the changes.
280. Weak Hands
This refers to those crypto investors who are known to make panic selling even at the slightest sign of a decline in the price of a specific crypto coin.
This is a specific measure that denotes the smallest unit of Ether which is 1000000000000000000 Wei.
This term is used to indicate the big players in the crypto arena.
They are the investors who hold a large number of crypto coins in their accounts so much so that they can manipulate the prices of the coins and the trends in the crypto market with their buying or selling activities.
This is the list that contains the approved participants who may take part in a Pre-ICO or ICO. However, this list is used only when there is a need to create exclusivity or the hype surrounding an ICO.
This is a document that is prepared by the project team of an ICO to create an interest among the investors in their vision.
It usually contains the use of the specific crypto coin, the crypto economic design, a roadmap, and the technical information. In short, it tells about the plans of growth of the crypto coin and its chances of success.
This is an alternative abbreviation for BTC which is in accordance with the certified ISO 4217 standard. However, this is not dependent on the particular country.
286. Yellow paper
This refers to the research document that helps to make in-depth technical analysis by a trader. Ideally, this document provides them with the information about those who are interested and involved in a trade.
287. Zero Confirmation Transaction
This is an alternative term used to indicate the unconfirmed transactions on a blockchain.
288. Zero Knowledge Proof
This is a term used specifically in cryptography. This proof provides evidence to a party about a transaction or an event that may have occurred without the private details being revealed for that specific transaction.
289. Zerocoin Protocol
This indicates the proposal that is implemented as of now by PIVX and Zcoin and which gives Bitcoin an isolated function.
Since crypto is a relatively new subject and it involves a lot of complexities, you will need to know much more than the basics to understand it fully. You will need to do a lot of research and learning, which also includes all cryptocurrency terms.