Magazine

#1hr

As the name suggests, the term ‘1hr’ implies a time window during which data related to a particular technology (such as a digital currency, platform, etc) is monitored and aggregated.

#24hr

As with the aforementioned example, ‘24h’ implies the collection of data that is associated with a particular digital technology over the last twenty-four hours.

#51% Attack

In case a majority (i.e. more than fifty percent) of computing power or mining hash rate on a specified network is governed by one individual (or a single group), it implies that a 51% attack is underway. This is...

Address

In digital currency, an address is basically a destination where a user sends and receives digital currency. In a way, it is similar to a bank account. These addresses usually include a long series of letters and...

Airdrop

It is essentially a marketing tactic that is commonly used by a number of startups in order to build hype as well as increase the popularity of particular cryptocurrency produce (such as a coin, platform, etc). Most...

Algorithm

A process or set of rules to be followed in problem-solving or calculation operations, usually by a computer, although humans tend to follow steps algorithmically as well (let’s say doing math or following a recipe).

All-Time-Low (ATL)

All-Time-Low is the exact opposite of what the term ATH represents — which is the lowest price point of a particular cryptocurrency during its entire life cycle.

Altcoin

An altcoin is an abbreviation of “Bitcoin alternative”. Currently, the majority of altcoins are forks of Bitcoin with usually minor changes to the proof of work (POW) algorithm of the Bitcoin blockchain. The most...

AML Anti-Money Laundering

The term AML refers to a set of intl. rules and regulations that have been devised to curtail criminal activity related to money laundering (crypto to cash and vice versa).

API

API is short for ‘Application Programming Interface’. Simply put, it refers to a set of protocols and operational tools that are required by developers to build software applications. From a more technical perspective...

Arbitrage

It is a common practice that seeks to help day traders take advantage of price variations (that exist to a particular commodity) between different cryptocurrency exchanges at any given time.

ASIC

An “Application Specific Integrated Circuit” is a silicon chip specifically designed to do a single task. In the case of Bitcoin, they are designed to process SHA-256 hashing problems to mine new bitcoins. ASICs are...

ATH

“ATH” is an abbreviation of “all-time high.” This term can be quite helpful to know for tracking the digital currency markets. These assets are so volatile, so keeping their ATH in mind can prove...

Bear

“Bears” believe that an asset, for example, a digital currency, will decline in value. Another way of putting this is that if a trader thinks a cryptocurrency will depreciate, their sentiment surrounding the...

Bear trap

This is a technique that is sometimes used by a group of traders in order to manipulate the price of a particular cryptocurrency. This is achieved by selling a large amt. of a certain asset while tracking the market to...

Binance

In 2018, Binance revolutionized cryptocurrency exchanges by choosing to focus on the rest of the world before the United States market. Through this strategy, it has been able to generally support more altcoins than any...

Bit license

As the name clearly suggests, a Bitlicense refers to a business license that is required by cryptocurrency firms in New York to dabble in BTC trading. The document is difficult to acquire and is issued only by the New...

Bitcoin ATM

A cash point where people can trade fiat currency and bitcoins

Bitcoin cash BCH

As the Bitcoin network has grown, its transaction speed has lessened, turning Bitcoin itself into more of a store of value than a “peer-to-peer currency” as it was originally envisioned to be. In response to this, in...

Bits

It is a basic unit of BTC — i.e. a total of 1,000,000 bits constitute one bitcoin.

Block

Many digital currencies make use of blocks, which contain transactions that have been confirmed and then combined.

Block explorer

An online tool for exploring the blockchain of a particular cryptocurrency, where you can watch and follow live all the transactions happening on the blockchain. Block explorers can serve as blockchain analysis and...

Block height

The term refers to the total number of blocks present in a chain at a given point in time.

Block reward

An amount of crypto-currency a miner receives for processing transactions in a given block. Because creating (or “mining”) blocks is so crucial to the security of the Bitcoin network and yet so hard, the Bitcoin...

Blockchain

Shared, trusted, public ledger of transactions, that everyone can inspect but which no single user controls. It is a cryptographed, secure, tamper-resistant distributed database. It solves a complex mathematical problem...

Bots

These are trading tools that have been automated to execute orders using a host of algorithmic processes (such as pre-designed buy-and-sell protocols).

Bubble

In financial terminology, a bubble refers to a particular situation wherein the participants of a particular market have driven the value of a particular well over its actual price. Once the bubble reaches its apex, the...

Bull trap

As the name suggests, a bull trap is a false market signal where a declining trend associated with a particular asset seems to be changing for the better but does not materialize.

Bull/ Bullish

A common term used when referring to an individual who is optimistic about the future of a particular market (be it stocks, cryptocurrencies, bonds, etc). If a trader believes that an asset will rise in value, he or she...

Burned

This concept is employed when a particular crypto asset has been rendered permanently unspendable or unusable.

Buy wall

It refers to a situation wherein a large limit order has been placed when an asset becomes of a certain value.

Candlesticks

A candlestick chart is a graphing technique used to show changes in price over time. Each candle provides 4 points of information opening price, closing price, high, and low. Also known as “candles” for short.

Cash

Cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term.

Central ledger

As the name clearly implies, it is a ledger system (used to keep track of various financial tx’s) that is maintained by a central governing authority.

Central processing unit

The CPU can be thought of as the core operational component of a computer system. Additionally, it also helps in maintaining the native functionality of various other parts associated with the machine. The speed of the...

Centralization

The concept of centralization refers to a network that is controlled by a small group of nodes.

CEX

A cryptocurrency exchange that is owned and controlled by a single entity and runs as a business. The cryptocurrencies that CEX offers are entirely determined by its management. Cryptocurrency exchanges can be split...

Change

When BTC transfers are facilitated, they are done so as a whole output. The remaining funds are sent back to the user as change.

Charge back

It is a request sent forth by a credit-card operator to a retailer to compensate for any losses that may have been incurred as a result of a fraudulent/disputed transaction.

Client

A software program a user executes on a desktop, laptop, or a mobile device to launch an application

Close

The term ‘Close’ alludes to a financial concept called closing price.

Cloud mining

Classical cryptocurrency mining requires huge investments in hardware and electricity. Cloud mining companies aim to make mining accessible to everybody. People just can log in to a website and invest money in a company...

Coin

It is the most basic sense, a coin represents a cryptocurrency that can be used to facilitate monetary transactions independently.

Coinbase

A Coinbase is essentially a digital transaction that is mandatorily added to the block of a particular cryptocurrency. In regards to the BTC ecosystem, the flagship currency’s coinbase has an input size of 100 bytes.

Cointelegraph

One of the leading crypto media outlets, specializing in daily news round-ups and market analysis.

Consensus algorithm

A set of rules that are utilized to achieve agreement amongst a network of computers. On blockchain networks, consensus algorithms are used as rules for how transactions can be validated and recorded, which means that...

Correction

A correction can be thought of negative value movement (of at least 10%) that takes place in relation to a particular cryptocurrency.

Crypto exchange

An online platform where crypto enthusiasts can buy, sell, and trade cryptocurrencies.

Crypto jacking

Cryptojacking is referred to as a secret use of a device to mine cryptocurrency. The first widely known attempt for cryptojacking was the torrent tracker Pirate bay. They enabled an in-browser mining software so when...

Crypto wallet

The place where a cryptocurrency user can access as well as “store” their cryptocurrencies.

Cryptocurrency

A cryptocurrency is merely a currency that relies on cryptography. Bitcoin, for example, leverages cryptography in order to verify transactions.

DAOS (Decentralized Autonomous Organization)

A fully automated business entity (FAB), or distributed autonomous corporation/company (DAC) is a decentralized network of narrow-AI autonomous agents which perform an output-maximizing production function and which...

dApp (decentralized application)

For an application to be considered a Dapp or decentralized application it must meet the following criteria (1) Application must be completely open-source, it must operate autonomously, and with no entity controlling...

Date of launch

The term refers to a specific time and date when an ICO project puts up its tokens up for public acquisition.

Ddos attack

A distributed denial of service (DDoS) attack takes place when multiple parties work together to overwhelm a system by inundating it with either request for information or malicious data.[4] Basically, the nefarious...

Dead cat bounce

It is a concept that signifies a temporary recovery in the value of a particular cryptocurrency after it has undergone a massive price drop.

Decentralized

The term refers to the property of a digital system which is governed by a distributed set of nodes and not by some centralized authority.

Decryption

The process of transforming data that has been rendered unreadable (through various encryption-related processes) back to its unencrypted form.

Deep web

This is a side of the internet that is not indexed by search engines and can only be viewed through the use of specialized tools (such as the Tor browser).

Deflation

It is a financial term that deals with the general reduction in the price of a particular commodity.

Derivative

Another commonly used term within the world of global finance, a derivative can be thought of as a contract that acquires its value from the financial performance of an underlying asset.

DEX

A cryptocurrency exchange that runs autonomously and allows all of its users to transact with each other directly.

Difficulty

It is basically a relative measure of how tough it is for miners to discover a new data block. From Bitcoin’s POV, the currency’s native difficulty quotient is routinely adjusted in relation to the system’s overall...

Digital asset

Any asset that is managed by a peer-to-peer network instead of a centralized entity like a bank or broker. In the world of crypto, a digital asset is synonymous with a cryptocurrency.

Digital currency

It is an electronic form of money that allows its owners to facilitate instantaneous, cross-border transactions in a highly streamlined manner.

Digital identify

The term represents personal information related to a person such as one’s name, address, social security number, etc. However, all of this data is digitized and can be used to facilitate ID verifications in an...

Digital signature

Private keys are used for signing transactions. Each time a transaction is sent over the blockchain it gets signed by the user’s private key. The signed transaction is broadcasted over the network together with the...

Distributed ledger

A distributed ledger is a system of recording information that is simply distributed, or spread across, many different devices. The blockchain, for example, is a distributed ledger that was originally created to keep...

Double-spending

Double-spending is the result of successfully spending some money more than once. Bitcoin is the first to implement a solution in early 2009 which protects against double-spending by verifying each transaction added to...

Emission

It is basically the rate at which a crypto project creates and releases its native tokens. The term is also commonly referred to as Emission Curve and Emission Schedule.

Escrow

Escrow refers to a third-party holding financial resources on the behalf of other parties. A third-party would hold funds in escrow when the other entities involved in a transaction may not trust each other.

Ether

The cryptocurrency that acts as the fuel for the Ethereum network, working as both a medium of exchange and a store of value for its apps and services.

Ethereum

Ethereum is an open software platform based on blockchain technology that enables developers to write smart contracts and build and deploy decentralized applications(Dapps). The native token of the blockchain is called...

Exchange-Traded Fund (ETF)

It is a security that has been created to track the performance of various financial assets (including stocks, crypto, bonds). An ETF, however, can be traded as a single entity, thereby providing owners with a lot of...

Exchanges

Exchanges are basically just marketplaces where traders can make digital currency transactions. If a person wants to buy bitcoin, going to exchange is the fastest way to accomplish this objective.

Fiat currencies

Fiat currencies are currencies that have value because they are minted by a central bank. Fiat means “by decree,” and these currencies have value because some central authority has decreed that they have a...

Fish

A fish refers to an individual who holds an extremely small amount of crypto and is often at the mercy of those who own substantial sums of digital assets.

Flipping

It is a basic investment strategy wherein an investor buys a particular good with the sole aim of selling the asset later down the line for a sizeable profit. The time window involved with such a deal is usually quite...

FOMO

The term “FOMO” stands for the phrase “fear of missing out.” This occurs when investors start buying up a particular asset based on their expectations that it will rise in value. Market...

Fork

The creation of an ongoing alternative version of the blockchain, by creating two blocks simultaneously on different parts of the network. This creates two parallel blockchains, where one of the two is the winning...

FUD

Fear, uncertainty, and doubt can be summed up using the term “FUD.” The idea behind this is that market participant may spread misleading or inaccurate information in order to cause an asset’s price to...

Full Node

The term refers to nodes that contain the entire history of a particular blockchain at one specific location.

Fundamental Analysis

A method using which an individual can research the underlying value of an asset. This is done by employing several indicators such as the tech being offered, the team behind the platform, the platform’s future growth...

Futures

It is a legal agreement that entails the buying/selling of a particular commodity at a price that has been fixed beforehand.

Gains

It is a common term that refers to an increase in the value of a certain asset (be it fiat or crypto-based) over a certain period of time.

Gas

The term is commonly used in relation to the Ethereum platform — since it talks about the total computational effort that is required in conducting ETH based transactions.

Genesis block

The very first block in the blockchain. As the name seems to suggest, it is the first data block to be processed and validated in relation to any new blockchain ecosystem.

Gold-Backed Cryptocurrency

It is a crypto asset that is backed by real gold — such that each unit of the purchased digital currency has an equal representation of physical gold stored somewhere.

GPU

The part of a computer that makes applications and images visually pleasing and attractive for its user. In the early days of cryptocurrency, GPUs were used for mining Bitcoins. Used for mining other coins today.

Graphical Processing Unit (GPU)

It is commonly referred to as a graphics card. The device is conventionally used by computer systems to process 3D images but in recent times, more and more crypto enthusiasts are making use of it for mining purposes.

Group Mining

It is a term that is used interchangeably in place of the “mining pool”.

Gwei

It is a monetary denomination that is used to represent the cost of an Ether-based transaction.

Hacking

A common term that describes the process of using a device to illegally gain access to a third-party individual’s computer.

Halving

The term refers to an event wherein the total rewarded bitcoins per confirmed block is reduced to half of its former size.

Hard Cap

It is the total amount of money that a particular ICO seeks to raise by the end of its scheduled lifecycle.

Hard Fork

A hard fork is a change to the blockchain protocol that makes previously invalid blocks/transactions valid, and therefore requires all users to upgrade their clients. The most recent example of a hard fork in public...

Hash

The act of performing a hash function on input data of arbitrary size, with an output of fixed length that looks random and from which no data can be recovered without a cipher. An important property of a hash is that...

Hash cash

is a proof-of-work system used to limit email spam and denial-of-service attacks, and more recently has become known for its use in bitcoin (and other cryptocurrencies) as part of the mining algorithm. Hash cash was...

Hash Function

A mathematical function that turns data about transactions into an unrecognizable string of letters and numbers, thus encrypting it. Hash functions are used in the verification of transactions and mining.

Hash Power

Also referred to as Hash Rate, it is a term that is used to measure the total computing power used by a blockchain network to work in an uninterrupted, continuous manner.

Hidden Cap

It refers to an undisclosed sum of money that ICO projects elect to raise through their backers.

HODL

Cryptocurrency investors developed the term “HODL,” which stands for “hold on for dear life.” The acronym originally came from a misspelling of the word “hold.”[9] Digital currencies...

Hosted Wallet

It is a crypto wallet that is managed by a trusted third-party entity.

Hot Storage

It is a type of online storage system that makes use of private keys to allow users to gain quick access to their digital holdings.

Hyperledger

It is a project launched by the Linux Foundation in 2015. It comprises a number of open-source blockchains and other similar tools.

Immutable

The term refers to a system’s property in relation to it being unchanged even after a long period.

Inflation

A finance term that signifies a general increase in prices and fall in the purchasing value of money.

Initial Coin Offering (ICO)

ICOs are types of crowdfunding mechanisms conducted on the blockchain. Originally, the main idea of an ICO was to fund new projects by pre-selling coins/tokens to investors interested in the project. Entrepreneurs...

Initial Token Offering (ITO)

Much like ICOs, ITO’s too allows their users to raise money, however, their focus is more on providing investors with crypto tokens.

Instamine

It describes a short period of time (typically just after a currency has been launched) during which a huge volume of mineable coins or tokens are acquired and distributed to the investors of a particular project.

Intermediary

He/she is a person who serves as a middle-man to facilitate an agreement in the smoothest manner possible.

IPFS

The Interplanetary File System (IPFS) is a hypermedia distribution protocol, addressed by content and identities. IPFS enables the creation of completely distributed applications. It aims to make the web faster, safer...

JOMO

It is quite literally the opposite of what the term FOMO stands for. When expanded, JOMO reads “Joy of Missing Out”.

Key

A secret code that gives someone ownership over and the right to use the cryptocurrencies. This is in stark contrast to the fiat system in which we never really own our money unless it is in cash.

KYC

KYC stands for “know your customer.” Many jurisdictions have KYC regulations, which have come to affect startups holding ICOs. These regulations require companies holding these digital token sales to verify...

Ledger

A record of financial transactions that cannot be changed, only appended with new transactions.

Ledger

It is a record database that contains details of various financial transactions related to a particular crypto platform. The data cannot be altered in any way but can be appended with newer transactions.

Leverage

A loan is offered by a broker on an exchange during margin trading to increase the availability of funds in trades.

Light Node

A computer on a blockchain network that only verifies a limited number of transactions relevant to its dealings, making use of the simplified payment verification (SPV) mode.

Lightning Network

The Lightning Network is a decentralized network using smart contract functionality on the blockchain to enable instant payments across a network of participants. The Lightning Network will allow bitcoin transactions to...

Limit Order

The term refers to orders that have been placed by traders to buy/sell a particular crypto asset after it reaches a pre-determined price. In this regard, it bears mentioning that market orders are where a crypto asset...

Liquidity

It is the ease with which a particular cryptocurrency can be bought and sold without the asset’s overall market value being affected in any major way.

Litecoin

An altcoin that is almost identical to Bitcoin, except for higher transaction speed. Typically referred to as the ‘silver to Bitcoin’s gold’.

Long/Long Position

It is a situation where a person acquires a particular digital currency with the hope of selling it later (hopefully for a decent profit margin).

Mainnet

It is an independent blockchain that can run its network as well as governance protocols.

Margin Call

The concept of margin call comes into effect when an investor’s account falls below a certain price threshold. It is at this time a broker starts to demand additional money to maintain a minimum maintenance amount for...

Margin Trading

A practice where a trader uses borrowed funds from a broker to trade a cryptocurrency, which forms the collateral for the loan from the broker. It can be relatively risky for inexperienced traders who may receive a...

Margin Trading

It refers to a practice wherein a crypto trader makes use of borrowed funds to facilitate his/her digital purchases.

Market

It is a general term that is used to delineate various financial domains (such as cryptocurrencies, stocks) within which investors regularly operate.

Market Capitalization

It is the measure of a currency’s total market worth — i.e. the more the capitalization of an asset, the more valuable it is.

Market Order

It is the best available sale price of a particular cryptocurrency.

Master nodes

A master node refers to the central server associated with a particular project that is maintained directly by the owner of the project. Additionally, one can also envision master nodes as being full nodes but with...

Max Supply

As the name quite clearly implies, the term can be thought of as the total number of tokens that will ever exist in relation to a particular cryptocurrency during its entire life cycle.

Merkle Tree

It is a tree-like structure commonly used in cryptography to describe a particular digital ecosystem. As part of the diagram, a single leaf signifies the hash info of a native data block whereas every non-leaf component...

MicroBitcoin

It is simply a fractional denomination of Bitcoin (one millionth or 0.000001 BTC to be exact).

Microtransaction

It is a biz structure wherein small monetary payments can be facilitated by an individual to acquire a host of different digital goods and services. The concept is widely used across a variety of domains including...

Mineable

It is a property of certain cryptocurrencies that can be acquired by miners through the acquisition of certain information codes as well as through the creation of data blocks.

Miners

These are individuals that contribute to the growth of a particular blockchain via the process of mining. It also bears mentioning that miners can either choose to work independently or in conjunction with an...

Mining

A common term that is used to describe the process by which data blocks are added to a particular blockchain ecosystem through the verification of individual transactions. In a similar vein, ‘mining’ also describes the...

Mining Contract

It is a term that is used interchangeably in place of ‘cloud mining’.The technology entails the renting/investing of mining capacity via a host of different digital online avenues.

Mining Pool

A mining pool is basically a setup wherein a group of miners comes together to combine their computing power so as to mine crypto assets together. The rewards of such an activity are usually distributed as per certain...

Mining Reward

The reward resulting from contributing computing resources to process transactions. Mining rewards are usually a mix of newly-minted coins and transaction fees.

Mining Rig

It is a computer setup that is used for the sole purpose of acquiring digital currencies via the process of mining.

Minnow

It is a common term that is used to refer to a person who possesses an extremely small amount of crypto.

Mixing Service

Also referred to as a Tumbler, it is a platform that seeks to enhance the overall privacy/anonymity associated with a cryptocurrency transaction — primarily through the mixing of potentially identifiable digital...

Mnemonics

These are memory aids that can help users recall certain phrases. In this regard, it should be pointed out that a mnemonic phrase is one that consists of a list of words that can be used by a person to access his/her...

Money Transmitter

As the name alludes to, a money transmitter is a person/biz entity that allows people to transfer their money (be it fiat assets or cryptocurrencies) to others in a highly streamlined manner.

Moon

From a crypto standpoint, the term refers to a situation wherein a steady upward movement in the price of digital currency is observed for an extended period of time.

Moving Average Convergence Divergence

Commonly referred to as MACD, it is basically an analytical tool that is commonly used by crypto enthusiasts to establish a relationship between two separate price moving averages. From a technical standpoint, we can...

Mt. Gox

It was one of the world’s first cryptocurrency exchanges to allow crypto enthusiasts to freely trade Bitcoin in a totally straightforward manner. In 2014, the platform was forced to shut down after it came to light that...

Multi-Signature

Also referred to as multisig addresses, these unique identifiers help in providing users with an extra layer of security.

Network

A common term that refers to a collection of all the nodes that may be present within a particular crypto ecosystem at any given time.

No-Coiner

A no-coiner is an individual who does not own any digital assets in his/her financial portfolio and is of the opinion that the crypto market is destined to implode shortly.

Node

It is essentially a blockchain component that comes replete with a complete copy of the system’s ledger info.

Non-Custodial

It is a term that is commonly used when talking about the storage of wallet keys. In this regard, a non-custodial setup is one where the private keys associated with a particular account are held by the owner of the...

Nonce

The term nonce is commonly employed when a certain tx has been hashed by a miner.

Noob

Newcomers are frequently described as “noobs” by industry insiders. If you are this person, you may want to sit back and observe before “jumping in with both feet.” Digital currencies are highly...

Off-Ledger Currency

It is a digital asset that has been devised outside of a specified blockchain ledger.

Offline Storage

It is a concept that deals with the storage of crypto assets on a device that is not actively linked to the internet in any way. This allows users to be better protected against third party hacking attempts.

On-Ledger Currency

It is a digital asset that is created as well as used on the same blockchain system. Bitcoin is a perfect example of such a currency.

One Cancels The Other Order

Commonly abbreviated as OCO, it is a scenario wherein a couple of buy orders are placed together for the same cryptocurrency.

Online Storage

It is a means of storing one’s digital holdings on a device that is linked to the internet. While such platforms are convenient to use, they are usually more susceptible to third-party intrusions.

Open Source

It is a type of software that can be freely altered, distributed, and studied by anyone for any reason that he/she may see fit.

Open/Close

Open refers to a time window when the price of bitcoin (or any crypto-asset) is opened to the public for regular trading. Similarly, close delineates a window of opportunity that is exactly the opposite of what the term...

Option

In its essence, an ‘option’ is basically a contract that provides investors with permission to buy or sell an underlying asset at a specific strike price. In this regard, it should be pointed out that there are American...

Options Market

It is a public trading platform where options can be exchanged freely. Not only that, an options market provides buyers with the opportunity to buy/sell crypto assets at specified strike values (that too on or before a...

Oracles

Smart contracts on the blockchain cannot access the outside network on their own. Therefore, oracles sit between a smart contract and the external world, providing the data needed by the smart contract to prove...

Orphan

In digital lingo, the term basically alludes to a valid data block on a certain blockchain that is not affiliated directly with the main chain. Such entities usually come into existence when two miners produce a block...

Over The Counter

Commonly abbreviated as OTC, the term is used to describe a transaction that is facilitated independently (mainly in a P2P manner) without the use of an intermediate cryptocurrency exchange. This mode of transfer is...

Overbought

A commonly used term that refers to a currency that has been acquired by an increasing number of investors over a certain period of time.

Oversold

As the name clearly implies, the term oversold comes into effect when a cryptocurrency has been sold by more and more investors over a certain period of time — with the price of the asset decreasing during the...

Pair

In its most basic sense, a pair refers to a trade that takes place between two distinct financial assets (for example BTC/USD, BTC/ETH).

Paper wallet

It is a basic physical crypto storage solution that contains a user’s private key.

Peer to peer

It is a decentralized mode of interaction that takes place between two parties operating within a distributed network.

Permissioned Ledger

As the name clearly implies, it is a ledger system that comes pre-built with certain restrictions so that only a few people with the required authorization can access it.

Platform

It is a vague term that may be used to describe a specific digital service, cryptocurrency exchange, or any other medium related to a host of defined technological domains.

Ponzi Scheme

It is a fraudulent scheme that has been perpetrated by a company or startup. It entails investors being promised handsome rewards/incentives for onboarding new recruits.

Portfolio

It is a collection of digital currencies that are held either by an individual or an investment collective (such as a hedge fund).

Pre-mine

The term pre-mine is used when a fraction (or entire amount) of a project’s token supply is generated before its public launch. The practice is usually employed for purposes such as crowdfunding and marketing.

Pre-sale

As the name suggests, it is a sale that is facilitated before an ICO is made available to the masses.

Private blockchain

a fully private blockchain is a blockchain where write permissions are kept centralized to one organization. Read permissions may be public or restricted to an arbitrary extent. Likely applications include database...

Private key/Secret Key

A piece of code generated in the asymmetric-key encryption process, paired with a public key, to be used in decrypting information hashed with the public key.

Proof of Authority

A Proof of authority is a consensus mechanism in a private blockchain which essentially gives one client(or a specific number of clients) with one particular private key the right to make all of the blocks in the...

Proof of Burn(PoB)

PoB is a consensus mechanism that seeks to bootstrap one blockchain to another by making sure that a certain cost is levied during the native token burning process.

Proof of Developer(PoD)

It is a blockchain consensus protocol that provides users with evidence of a real, living software developer being involved in the creation of a particular cryptocurrency.

Proof of Work(PoW)

A blockchain consensus mechanism involving solving computationally intensive puzzles to validate transactions and create new blocks. *, see Proof-of-Stake (PoS).

Proof-of-stake (PoS)

A blockchain consensus mechanism involving choosing the creator of the next block via various combinations of random selection and wealth or age of staked coins or tokens. *see Proof-of-Work (PoW).

Protocol

It is a common term that seeks to define a set of rules that are used to govern particular interactions on a specific digital ecosystem. From a crypto standpoint, a protocol entails the use of certain consensus...

Pseudonymous

It is an English term that describes the use of an anonymous identity by an individual for various privacy-related reasons (for example: Satoshi Nakamoto)

Public Address

It is a digital location that allows users to facilitate a payment request in a streamlined, hassle-free manner. From a more technical standpoint, we can define a public address as being a cryptographic hash that is...

Public Key

A public key is an address where an investor can receive digital currencies. This public key, like the private key, is a combination of numbers and letters.

Pump and Dump Scheme

A form of securities fraud involving the artificial inflation of the price of a cryptocurrency with false and misleading positive statements in order to sell previously-cheaply purchased stock at a higher price.

QR Code

It is a digital label that can be interpreted by an IR machine so as to acquire a host of important data related to the commodity in question. In relation to cryptocurrencies, QR codes are most commonly used to share...

Raiden Network

It is a popular scaling solution that works completely off-chain. From a technical standpoint, it should be pointed out that the Raiden network allows for near-instant tx’s to take place while charging users minuscule...

Rank

The term refers to a crypto asset’s relative market position in relation to its total market cap.

REKT

The term “rekt” is crypto trader slang for “wrecked.” Basically, it means that a trader lost substantial amounts of money.

Relative Strength Index

RSI is a technical chart that allows users to measure the speed and price movements associated with various cryptocurrencies. Additionally, it should be highlighted that the analysis tool was devised by J. Welles Wilder.

Replicated Ledger

It is basically a copy of a network’s native distributed ledger.

Reverse Indicator

A reverse indicator refers to an individual whose market choices are so poor that he/she can be used as an example of how not to invest one’s assets.

Ring Signature

A method of increasing privacy by fusing inputs of multiple signers with that of the original sender to authorize a transaction.

ROI

ROI is short for “return on investment.” Basically, if an investor puts their money in to a digital currency, they are doing so with the hope that they will receive a compelling return.

Satoshi

It is the smallest possible denomination of Bitcoin. Each Satoshi represents a value of 0.00000001 BTC.

Satoshi Nakamoto

The pseudonymous creator of Bitcoin whose real identity has not been confirmed to date.

Scam

A fraudulent scheme that makes use of a fake cryptocurrency or fundraising avenue (such as an ICO.)

Scrypt

It is a PoW based algorithm that serves as a perfect alternative to the SHA-256 protocol that is widely used for Bitcoin mining. From a technical standpoint, it bears mentioning that the algorithm is primarily dependant...

Second-Layer Solutions

These are various solutions that have been devised atop existing public blockchains to improve their existing scalability potential as well as overall efficiency. Lightning Network is a perfect example of such a tool.

Securities and Exchange Commission

The SEC is a United States-based regulatory agency that seeks to enforce local laws related to the securities and stock/options market.

Seed

A single starting point when deriving keys for a deterministic wallet. It is usually presented as a series of words to enable the owner to quickly backup or restore a wallet.

Segregated Witness(SegWit)

It is a Bitcoin Improvement Proposal (BIP) that was designed to solve the issue of tx malleability that plagued the Bitcoin network for a long time in the past. From a more technical POV, SegWit sought to change the...

Selfish Mining

As the name clearly alludes to, Selfish Mining refers to a situation where a miner acquires data related to a new block without transmitting this information to other network participants.

Sell Wall

A sell wall refers to a situation where a massive limit order (in regards to the selling of a particular crypto asset) has been achieved. The tactic is used by traders to make it seem as though the demand for a...

SHA-256

A cryptographic hash function that generates a 256-bit signature for a text, used in Bitcoin proof-of-work (PoW). Standing for “Secure Hash Algorithm,” it is one of the SHA-2 algorithms, first designed by the NSA.

Sharding

A concept that seeks to help in the optimal scaling of a blockchain ecosystem by dividing its containing states and transaction history — so that both of these entities can be processed parallel with each other.

Shilling

It refers to the act of a single person or group promoting a particular crypto project over-enthusiastically.

Shitcoin

A cryptocurrency that has no apparent use case related to it.

Short

A technique that is commonly employed by traders in which they borrow an asset with the sole goal of selling it. However, in order for the setup to actually work, the value of the asset in question needs to continue to...

Side Chain

It refers to a decentralized ledger system that runs in unison with a primary blockchain. However, a key point worth noting here is that the side-chain can operate independently of the central blockchain using its own...

Silk Road

A popular deep web marketplace that was shut down by the FBI a couple of years back ago. Using Silk Road, a number of bad actors could facilitate their online transactions using BTC (as well as a host of other digital...

Simplified Payment Verification

It is a non-memory intensive client that can be used to verify blockchain transactions without the need for data acquisition related to block headers and PoI’s.

Smart Contract

A smart contract is a computer protocol intended to facilitate, verify, or enforce a contract on the blockchain without third parties.

Soft Cap

It is the minimum amount of money that an ICO project wishes to raise. On the subject, it should be pointed out that incase an ICO fails to reach this threshold, the project may be scrapped altogether.

Soft Fork

It is a protocol upgrade where older valid transactions associated with a particular platform are made invalid. However, for such a change to be enforced, a majority of miners affiliated with a particular crypto...

Solidity

Solidity is a programming language designed for developing smart contracts. Its syntax is similar to that of JavaScript, and it is intended to compile into bytecode for the Ethereum Virtual Machine(EVM).

Spot

It is a contract which involves the buying/selling of cryptocurrencies. In this regard, a spot market refers to a public trading platform where crypto assets can be traded for immediate settlement.

SPV (Simplified Payment Verification) client

SPV clients are Bitcoin lightweight clients which do not download and store the whole blockchain locally. These wallets provide a way to verify payments without having to download the complete blockchain. An SPV client...

Stablecoin

A crypto asset that has its value pegged to a real-world asset such as a fiat currency or precious metal. As a result of this, a stablecoin has extremely low volatility.

Staking

It is a method that involves an individual putting his/her tokens on the line to serve as a validator for a particular blockchain ecosystem.

Stale Block

A data block that has been successfully mined but not included in the current longest blockchain. This usually happens as a result of another block (of the same height) being added to the primary chain.

State Channel

A second-layer scaling solution that reduces the total on-chain transactions necessary, moving the transactions off-chain and letting participants sign to the main chain after multiple off-chain transactions.

Swarm

Swarm is a distributed storage platform and content distribution service, a native base layer service of the Ethereum web three stacks. The primary objective of Swarm is to provide a decentralized and redundant store of...

Symbol

It is the digital ticker associated with a particular cryptocurrency. For example, Bitcoin’s symbol is BTC.

Taint

It refers to the total percentage of cryptocurrency that is held in a particular account (which in turn can be traced to another account.)

Tangle

It is a blockchain alternative that has been devised by IOTA. The system makes use of DAGs (directed acyclic graphs) and is quantum-computing resistant.

Technical Analysis

It is a method of evaluation that makes use of statistical data related to the activity of a particular market sector. Using TA related tools, users can isolate certain specific patterns which can then be used to make...

Testnet

The term ‘Testnet’ refers to an alternative blockchain that is commonly employed by developers for testing purposes only. It is a second blockchain used by developers for testing new versions of client software without...

Think Long Term

It is a mindset where an investor thinks in terms of months or years (rather than days) in relation to his/her investment.

Ticker

It is an abbreviated symbol (ed BTC) that is commonly used in relation to cryptocurrencies for identification purposes.

Timelock

A preset condition that seeks to push forth a transaction only after it has attained a certain block or if a certain time window has been reached.

Timestamp

A module that allows for id-data related to a particular transaction to be viewed seamlessly.

Token

A digital token is a unit of a digital currency, such as a bitcoin. It is worth noting that some of these tokens are used for specific ecosystems, and those are frequently referred to as utility tokens. Other digital...

Tokenize

It refers to the process by which real-world assets can be converted into digital entities. This allows for physical commodities to be offered to different owners in a completely straightforward, streamlined manner.

Tor

Free software that allows users to surf the web in a highly secure and private fashion. The tor browser makes use of a network of volunteer relays in order to hide a host of location/cookie-related data associated with...

Total Supply

As the name quite obviously implies, the term ‘total supply’ refers to the maximum number of coins related to a project that may be in existence at any given point in time. However, the sum does not include any coins...

Trade Volume

It is the total amount of crypto-related to a particular project that has been traded over the course of the last 24 hours.

Transaction

Abbreviated as tx, it is the act through which two crypto holders can exchange digital assets with one another.

Transaction Fee

A small payment needs to be made for a transaction to be processed within a blockchain.

Trustless

It is the property of a blockchain platform to facilitate transactions without any of the participants having to trust one another.

Tumbler

It is another term used to describe a ‘mixing service’.

Turing-Complete

Turing-complete refers to the ability of a machine to perform calculations that any other programmable computer is capable of. An example of this is the Ethereum Virtual Machine (EVM).

Unconfirmed

It refers to a state in which a particular monetary tx has not yet been appended to the blockchain.

Unpermissioned Ledger

Another term that basically refers to a blockchain that is completely public in nature.

Unspent Transaction Output

UTO is an output associated with a blockchain transaction that has yet to be spent, therefore, it can be used as an input protocol for newer tx’s.

UTC Time

It is the time standard that most businesses around the world make use of to facilitate their global communications systematically.

Validator

An individual who is involved in the validation of data blocks (for incentive acquisition purposes) within a PoS blockchain ecosystem.

Vanity Address

It is a public wallet address that makes use of custom letters and numbers that have been picked out by the owner of the storage solution.

Vaporware

A project that never sees the light of day.

Venture Capital

A type of private equity that is usually doled out to startups and other small firms deemed to have a bright future ahead of themselves.

Virgin Bitcoin

A Bitcoin that is pristine and has never been used to facilitate any monetary transaction (be it illegal or otherwise).

Volatility

The term refers to a currency’s innate potential to witness intense price swings over a given period of time.

Volume

The total amt of crypto that has been transacted over a certain period of time (eg: 24 hours, 7 days, etc.). From a technical standpoint, we can see that volume reflects the direction in which a particular asset (or the...

Wallet

is a file that contains a collection of private keys and communicates with the corresponding blockchain. Wallets contain keys, not coins. Wallets require backups for security reasons.

Wash Trade

A market deception tactic through which investors can establish artificial activity by selling/buying certain digital assets at the same time.

Watchlist

As the name suggests, a watchlist refers to a small set of crypto assets that a user would like to follow on a day-to-day basis These days, the feature has been incorporated into several famous crypto trading platforms...

Weak Hands

A person who is known to panic sells anytime a price decline appears on the horizon.

Wei

It is the smallest divisible unit of an ETH token. One Ether is equal to 1000000000000000000 Wei.

Whale

A common term that is used to describe an investor who owns a massive amount of crypto — so much so that he/she can easily manipulate the market with one major sell.

Whisper

Whisper is a part of the Ethereum p2p protocol suite that allows for messaging between users via the same network that the blockchain runs on. The main task of whisper will be the provision of a communication protocol...

Whitelist

 
It refers to a collection of individuals taking part in an ICO to purchase a decent amount of tokens.

Whitepaper

A technical document prepared by the members of a crypto startup so as to present to the world a clear vision of what their project seeks to achieve in the short, medium, and long term.

YTD

It is an abbreviation for the term “Year-to-Date”.

Zero Knowledge Proof

It is a concept that is commonly used in cryptography. Simply put, a ZKP seeks to facilitate tx’s between two parties without the sender having to reveal any of the contents of the transfer.