Crypto glossary

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

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

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

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

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

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

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

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

A secondary framework that aims to solve the transaction speed and scaling problems faced by major cryptocurrency networks by building additional protocols on top of the existing blockchain system.

A record book or digital file that maintains a record of financial transactions in the form of debits and credits, including the balance of each account and the date of each transaction.

A type of cryptocurrency derivative that provides traders with a simplified way to gain leveraged exposure to specific cryptocurrencies without managing margin requirements, allowing them to take leveraged long or short positions without constant margin management.

A compilation of resources that are typically stable and can include items such as executable files, documentation, message templates, and written code.

A proposed scaling solution that creates a second layer on top of a blockchain to increase transaction speed among participating nodes.

A type of order that enables traders to buy or sell an asset at a predetermined price or better, offering more control over the trade's execution price than market orders.

A widely-used open-source operating system created by Linus Torvalds in 1991 and used in various devices worldwide.

Liquid staking involves tokenizing staked assets in Proof of Stake networks, allowing for more flexibility and dynamism in participating in staking ecosystems.

The capacity to purchase or sell a particular asset without triggering substantial fluctuations in the market price of that asset.

A liquidity crisis occurs when a person, company, or market experiences a shortage of cash, making it challenging to fulfill immediate financial responsibilities.

Individual or entity that offers buy and sell orders to financial markets in order to boost market liquidity and maintain a stable and efficient market.

Financial metrics used to assess a company's ability to meet short-term obligations.

Adding an asset to an exchange can occur at the request of the project team or as a decision made by the exchange.

Mainnet refers to a fully developed and deployed blockchain protocol where transactions are broadcasted, verified, and recorded.

Mainnet swap refers to the process of migrating a coin from a third-party platform such as Ethereum or another token to a native on-chain token on their mainnet.

When you place an order that does not trade immediately, your order remains in the order book, waiting for someone else to fill or match with it later, making you a "maker."

Any software program or code designed to infiltrate and intentionally cause damage to computer systems and networks.

Margin trading involves using borrowed funds for trading. It's important to note that this is a high-risk strategy and should only be undertaken by experienced investors.

Market capitalization is determined by multiplying the current price of a coin by its total supply, resulting in the total trading value of the coin.

Market momentum refers to the capacity of a specific market to sustain a consistent increase or decrease in price over a specific period of time.

Occurs when a taker selects the best available bid or ask for a cryptocurrency, taking the price and quantity available on the order book.

Network nodes that typically necessitate a minimum amount of a specific coin to be staked in order to access staking rewards.

A software component created to execute trading orders, ensuring that buyers and sellers are correctly matched in financial markets.

Maximum supply refers to the highest number of coins or tokens that will ever be created for a specific cryptocurrency.

A node's system for storing unconfirmed transactions that the node has observed but have not yet been added to a block.

Involves the simultaneous mining of two or more cryptocurrencies without sacrificing overall mining performance.

A method of organizing and structuring large amounts of data to simplify processing. It is a hash-based data structure.

Metadata refers to data that contains information about other data, such as details about features of a specific transaction.

A concept of a continuous, online, 3D virtual environment that many believe will be a crucial component of future digital experiences.

Microtransactions refer to small financial exchanges utilizing cryptocurrencies, such as bitcoin (BTC) or ether (ETH).

Involves verifying transactions on a blockchain network, adding them as entries into the blockchain ledger.

A gathering of numerous miners, typically located in a warehouse or large data center dedicated to mining cryptocurrencies.

Involves adding new tokens into the crypto ecosystem, allowing them to be traded or used within its network. Minting is similar to mining, with some key differences.

Monetary policy refers to the strategies formulated and adopted by authorities to regulate the money supply and interest rates of a country.

A monitoring tag is utilized on the Binance platform to categorize cryptocurrency projects that are relatively more established compared to Seed Tag projects.

A casual term used to describe a cryptocurrency or other asset that is undergoing a significant upward market trend.

A technical analysis tool consisting of multiple moving averages of different lengths.

Mt. Gox was a prominent Bitcoin exchange based in Japan that was the largest in the world before it became defunct.

A multisignature wallet necessitates the authorization of another party before a transaction is broadcasted to the network.

NFT floor prices indicate the minimum value at which you can acquire an NFT within a collection.

A form of digital collectible that contain a random assortment of NFTs unknown to the buyer until they open the box.

An abbreviation for "Not Gonna Make It," typically used to express pessimism regarding achieving success or overcoming a challenge.