Frequently Asked Questions
Here you can findquently asked questions about various cryptocurrencies.
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A
- AI Coins
- AI coins are designed to streamline AI-related transactions and interactions, all while upholding transparency and security through blockchain technology.
- Abstraction Scalability
- Abstraction scalability is the expansion in the overall ability of a system that allows programming components to be used as building blocks in a new development environment.
- Auditor
- An auditor is a trained professional who conducts audits. They are typically employed by accounting firms or work within an organization's internal audit department.
- Allocated Gold
- Allocated gold refers to a form of gold ownership where the investor physically owns a specific amount of gold stored in a secure vault on their behalf.
- Antpool
- Antpool is one of the largest Bitcoin mining pools and aggregates the computing power of many miners to increase the chance of solving a block and receiving the block reward.
- Asset Financing
- Asset financing emerges as a financial stratagem, allowing enterprises to claim or employ assets by obtaining capital from lenders, such as banks or other financial establishments.
- Asset Swap
- An asset swap is a financial transaction where an asset is swapped with another for various purposes.
- Annual Percentage Yield (APY)
- Annual percentage yield (APY) is the rate of return gained over the course of a year on a specific investment. Compounding interest, which is computed on a regular basis and applied to the am.
- Altcoin
- As Bitcoin is the first cryptocurrency that captured the world’s imagination, all other coins were subsequently termed “altcoins,” as in “alternative coins.”
- Authority Masternode (VeChain)
- An authority masternode (AM) is a network-connected server that runs the VeChainThor full node program.
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B
- Bitcoin Halving
- Bitcoin halving is an event in which the total rewards per confirmed block halves.
- Black-Scholes Model
- In simple terms, it is a mathematical formula that gives the fair price of stock options, allowing investors to calculate whether they are overvalued or undervalued.
- Blockweave
- Blockweave is a data storage protocol that builds upon blockchain architecture. It utilizes a unique interconnected structure linking each block to the previous block and a random older block.
- Bitcoin Virtual Machine (BitVM)
- BitVM, or Bitcoin Virtual Machine, is a proposed system described in a whitepaper by Robin Linus that allows complex computations and smart contracts to be executed on the Bitcoin network.
- Bottleneck
- A bottleneck refers to a point where capacity becomes restricted, creating congestion and slowing the overall performance.
- Binance Labs
- Binance Labs is a project to nurture, invest in, and develop blockchain and cryptocurrency businesses, initiatives, and communities, as well as a social impact fund.
- Bakers
- Baking is the process that Tezos uses in order to append new blocks of transactions to its blockchain.
- Stalker
- An investor who continues to hold large amounts of a specific coin or token, regardless of its performance.
- BitLicense
- A business license permitting regulated virtual currency activities, issued by the New York State Department of Financial Services.
- Block Size
- In blockchain technology, block size refers to the amount of data about transactions a single block in the chain can carry.
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C
- Consensus Layer
- The consensus layer is the backbone of any blockchain network, performing the vital role of facilitating agreement among nodes on the true state of the blockchain.
- Coin Mixer
- Coin mixers allow users to mix up transactions between different cryptocurrency addresses, so they become untraceable and cannot be followed back to the initial sender or receiver of the assets.
- Chain Reorganization
- Chain reorganization is a process in blockchain technology that allows node operators to replace blocks and adopt new ones, in order to create new, longer chains of data.
- Censorship Resistance
- Censorship resistance refers to the idea that no party can prevent anyone from participating in a given platform or network.
- Co-Signer
- A person or entity that has partial control and access over a cryptocurrency wallet.
- Circulating Supply
- The best approximation of the number of coins that are circulating in the market and in the general public’s hands.
- Cascading Liquidations
- Cascading liquidation refers to an event where liquidations pile on top of each other, resulting in a sudden price change.
- Cloud Mining
- Cryptocurrency mining with remote processing power rented from companies.
- Counter-Terrorism Financing
- Counter-terrorism financing refers to efforts to disrupt and cut off the money supply used to fund terrorist organizations and activities.
- Code Repository
- A code repository is a digital library where developers store and collaborate on their codes with ease, like a code-specific Google Drive or Dropbox.
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D
- Decentralized Applications (DApps)
- A type of application that runs on a decentralized network, avoiding a single point of failure.
- Drivechain
- Drivechain is a Bitcoin improvement proposal that aims to scale Bitcoin and add new features using sidechains.
- Decentralized Order Book
- A decentralized order book is a trading mechanism where buy and sell orders are matched through a distributed network of nodes, rather than being centralized in a single location or controlled by a single entity.
- DRC-20
- DRC-20 is a token standard on the Dogecoin network that allows developers and users to create fungible assets within Dogecoin's ecosystem. It is similar to ERC-20 on Ethereum.
- Decentralized Autonomous Initial Coin Offerings (DAICO)
- A method for decentralized funding of projects that introduces a form of governance in the ICO process, allowing backers to vote for the return of their funds if certain conditions are met.
- DeFi Aggregator
- A DeFi aggregator brings together trades across various DeFi platforms into one place.
- Daedalus Wallet
- Daedalus Wallet is a multi-platform, open-source, hierarchical-deterministic wallet that lets you generate an endless number of keys from a single seed.
- Darknodes
- RenVM is driven by Darknodes, a decentralized network of computers. In exchange for compensation, they offer their computing power and storage space to everyone with certain conditions.
- Decentralized Governance
- Decentralized governance refers to the procedures through which a platform's disintermediated, equitable management is carried out for blockchain networks and dApps.
- DAO Summoning
- DAO summoning is the act of creating or forming a DAO. The term is typically used in the context of forming a new Moloch DAO, though it can also refer to the formation of any new DAO.
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E
- ERC 7512
- ERC-7512 aims to standardize how audit reports are represented directly on Ethereum's blockchain.
- E-Signature
- An electronic signature, or e-signature, is any electronic mark (sign, sound, symbol, etc.) used in place of a physical signature in signing a document or contract.
- ERC-721
- A token standard for non-fungible Ethereum tokens.
- ERC-948
- ERC-948 is a new Ethereum token protocol that is designed to connect subscription businesses with customers and allows for subscription-based transactions.
- Effective Proof-of-Stake
- Effective Proof-of-Stake is Harmony’s version of the Proof-of-Stake consensus mechanism that aims for both security and decentralization.
- Epoch
- One entire run of the training dataset through the algorithm is referred to as an epoch in machine learning.
- ERC-223
- ERC-223 is an Ethereum token standard that is powered by smart contracts that enable users to securely transfer tokens to a digital wallet.
- Edge Nodes
- In computer science, an edge node is a computer that serves as an end-user gateway to form a connection with other nodes.
- Erasure Coding
- Erasure coding is a method of storing data at multiple locations after doing its segmentation, expansion, and encoding with redundant information.
- Enterprise Ethereum Alliance (EEA)
- A group of organizations and companies working together to further develop the Ethereum network.
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F
- Flatcoin
- Flatcoins are cryptocurrencies whose value is pegged to the cost of living, rather than fiat or commodity.
- Fungible
- In cryptocurrency, fungibility is when a coin or token can be replaced by any other identical coin or token.
- Fraud Proof
- A fraud proof is a technological method that functions as a bond in a decentralized environment that uses Optimistic Rollups (ORs), which are sidechains that aim to reduce the costs and latency that dApps might encounter on a blockchain platform.
- FOMO
- An acronym that stands for "Fear of Missing Out."
- Flippening
- A hypothetical scenario where Ethereum's market cap overtakes Bitcoin's.
- Front Running
- Front running is when you place a transaction in a queue when you have knowledge of a future transaction.
- Fully Diluted Value (FDV)
- FDV is the total worth or market cap of a cryptocurrency if the entire supply of tokens were in circulation.
- Fully Homomorphic Encryption
- Fully homomorphic encryption is a type of scheme where one can perform arbitrary computations on encrypted data and generate the same results as when performing those computations on the plaintext.
- Fee Tiers
- Fee tiers refer to the fee structure that determines the amount charged when investors deposit or withdraw money and execute trades on a crypto exchange.
- Fan Token
- A fan token is a cryptocurrency issued by a specific sports team and allows its holders to participate in the governing activities and attain exclusive rewards & discounts.
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G
- Gold-Backed Cryptocurrency
- A coin or token issued that represents a value of gold; for example, one physical gram of gold equals one coin.
- Game Channels
- Game channels are the newest technological advancement in the world of blockchain gaming, as they enable fast gameplay by removing the wait time for block confirmations. With game channels, games and dApps can run off-chain securely, individually, and in near real-time.
- Group Mining
- As opposed to solo mining, group mining is when multiple people mine together.
- Gas
- A term used on the Ethereum platform that refers to a unit of measuring the computational effort of conducting transactions or smart contracts, or launch DApps in the Ethereum network. It is the “fuel” of the Ethereum network. *see Gas Limit and Gas Price.
- Goguen Phase
- The Goguen phase of Cardano allows the development of smart contracts and DApps.
- Geth
- Geth, short for Go Ethereum, is a command-line interface that allows developers to run full Ethereum nodes, mine the cryptocurrency and execute smart contracts.
- GameFi
- GameFi, better known as play-to-earn (P2E) games, is a rather new term in the field of both gaming and cryptocurrency industries. It references games that are designed with economic and financial aspects of blockchain and cryptocurrencies, enabling players to exert full control over their in-game assets to generate revenue.
- Gas Limit
- A term used on the Ethereum platform that refers to the maximum amount of gas the user is willing to spend on a transaction.
- Geotagged NFT
- Geotagged non-fungible tokens (NFT) feature 3D versions of the street art alongside the corresponding geo-location. They allows art aficionados to own both the virtual and physical artwork without the need to remove the actual infrastructure it was originally painted on.
- Gas Price
- A term used on the Ethereum platform that refers to the price you are willing to pay for a transaction.
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H
- Honeypot
- A honeypot is a scam used in the crypto industry to trap victims and steal their assets or sensitive information.
- Howey Test
- A test used to determine whether or not an asset is a security.
- Hal Finney
- Hal Finney was a cryptographer and programmer who pioneered Bitcoin’s development and worked with Satoshi Nakamoto.
- Hard Fork Combinator
- A hard fork combinator (first designed by IOHK) is a tool to combine protocols specifically on the Cardano blockchain after a hard fork has occurred.
- Hard Fork (Blockchain)
- A type of protocol change that validates all previously invalid transactions, and invalidates all previously valid transactions.
- Hosted Wallet
- A wallet managed by a third-party service.
- Hardware Wallet
- A hardware wallet is a wallet for cryptocurrencies that usually resemble a USB stick.
- Hot Storage
- The online storage of private keys allowing for quicker access to cryptocurrencies. *see Cold Storage.
- Haskell Programming Language
- The Haskell programming language is a standardized, general-purpose, statically-typed, purely functional programming language that came into existence in 1990.
- Hydra (Cardano)
- Hydra is a layer-two scaling solution for the Cardano blockchain that aims to increase the transaction processing capacity of the network by allowing multiple heads or channels.
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I
- Impermanent Loss
- Impermanent loss is when a liquidity provider has a temporary loss of funds because of volatility in a trading pair.
- Immutable
- A property that defines the inability to be changed, especially over time.
- Initial Coin Offering (ICO)
- Short for Initial Coin Offering, an ICO is a type of crowdfunding, or crowdsale, using cryptocurrencies as a means of raising capital for early-stage companies.
- Inflation
- A general increase in prices and fall in the purchasing value of money.
- Inter-Blockchain Communication (IBC)
- Inter-Blockchain Communication (IBC) is a communication protocol that allows different blockchains to relay messages to each other.
- Infinite Mint Attack
- An infinite mint attack occurs when an unwanted entity or hacker mints an absurd ("infinite") amount of tokens within a protocol.
- Initial Exchange Offering
- A type of crowdfunding where crypto start-ups generate capital by listing through an exchange.
- Infinite Approval
- Pre-approving smart contracts to enable the platform to spend any amount of your coins.
- Institutional Investor
- An Institutional Investor is an organization or a legal entity that trades in the market on behalf of its clients that may be retail investors.
- Initial Dex Offering (IDO)
- An initial dex offering (IDX) is an alternative to an initial coin offering (ICO).
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J
- JOMO
- Joy of missing out (JOMO) is the opposite of having a fear of missing out (FOMO.)
- Jager
- The smallest denomination of Binance Coin (BNB) is called Jager.
- Java
- Java is a general-purpose, class-based as well as object-oriented programming language.
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K
- Know Your Customer (KYC)
- Short for Know Your Customer, these are checks that crypto exchanges and trading platforms must complete to verify the identity of their customers.
- Klinger Oscillator
- The Klinger volume oscillator is a volume-based technical indicator that compares volume to price to forecast price reversals in the financial markets.
- Keylogger
- A keylogger or keystroke logging software is a spying tool often used by hackers to record keystrokes made by users.
- Kimchi Premium
- Kimchi premium is a phenomenon occurring in South Korean crypto exchanges, making valuations appear higher than on other international exchanges.
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L
- Leased Proof of Stake (LPoS)
- Leased Proof of Stake (LPoS) is a consensus mechanism that allows cryptocurrency holders to lease their coins to nodes on a network.
- Liquid Proof of Stake (LPoS)
- Liquid proof of stake (LPoS) is an improvement over traditional proof of stake (PoS) that allows users to stake assets without fully locking them up.
- LMD GHOST
- LMD GHOST (aka the GHOST Protocol) is a fork-choice rule that allows the nodes in a blockchain network to reach an agreement on the valid state of the ledger.
- Liquid Staking
- Liquid staking allows users to stake tokens and simultaneously use them in the DeFi ecosystem.
- Liquidity
- Liquidity indicates how easy it is to convert a cryptocurrency into cash quickly — and whether this can be achieved without the asset’s value suffering.
- Layer 2
- Layer 2 is the name given to a scaling solution that enables high throughput of transactions whilst fully inheriting the security of the underlying blockchain that it is built on.
- Layer 0
- Layer 0 is a network framework running beneath the blockchain. It is made up of protocols, connections, hardware, miners, and everything else that forms the foundation of the blockchain ecosystem.
- Layer-1 Blockchain
- A layer-1 blockchain is a set of solutions that improve the base protocol itself
- Liquid Staking Derivatives
- Liquid Staking Derivatives (LSDs) are tokens that represent staked assets in a DeFi protocol.
- Ledger
- A record of financial transactions that cannot be changed, only appended with new transactions.
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M
- Market Capitalization/Market Cap/MCAP
- Total capitalization of a cryptocurrency’s price. It is one of the ways to rank the relative size of a cryptocurrency. *see Circulating Supply.
- Mining
- Cryptocurrency mining is a process where blocks are added to a blockchain, verifying transactions. It is also the process through which new Bitcoin and *some* altcoins are created.
- Mining Rewards
- Mining rewards are the rewards that crypto miners receive for mining a new block on the blockchain.
- Memecoin
- Memecoins are the crypto tokens created as a joke or meme and claim to offer huge gains to holders.
- Mainnet
- An independent blockchain running its own network with its own technology and protocol.
- Metaverse
- A metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users.
- Maximal Extractable Value (MEV)
- Maximal extractable value (MEV) is a measure of the profit a miner can make through their ability to arbitrarily include, exclude, or re-order transactions within the blocks they produce.
- Miners
- Contributors to a blockchain taking part in the process of mining. They can be professional miners or organizations with large-scale operations, or hobbyists who set up mining rigs at home or in the office.
- Merkle Tree
- A tree structure in cryptography, in which every leaf node is labelled with the hash of a data block and every non-leaf node is labelled with the cryptographic hash of the labels of its child nodes. Hash trees allow efficient and secure verification of the contents of blockchains, as each change propagates upwards so verification can be done by simply looking at the top hash.
- Moloch DAO
- Moloch DAO can refer to the DAO framework, a description of a DAO that uses the framework, or the name of the Ethereum grant-giving DAO that originally created the framework.
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N
- Nonce Error
- A nonce error occurs when a nonce - a number used only once - is misused or mishandled in a system.
- Name Wrapper
- Name Wrapper is a smart contract that allows all registered ENS names to be converted into NFTs, expanding their customizability.
- Node
- The most basic unit of blockchain infrastructure that stores data.
- Network
- A network refers to all nodes in the operation of a blockchain at any given moment in time.
- NFT Royalties
- NFT royalties are a way for creators to earn a percentage of the sale value each time their NFT is sold on the secondary market.
- Non-Fungible Token (NFT)
- Non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility.
- Nonce
- When a transaction is hashed by a miner, an arbitrary number meant to be used only once is generated, called a nonce.
- Non-fungible Assets
- The term "non-fungible assets" describes non-fungibility within a collection of similar assets being issued by a single party.
- Node.js
- Node.js is a cross-platform JavaScript runtime environment that can be used for both servers and desktop apps.
- Network Latency
- Network latency refers to the amount of time it takes for a computer on one network to communicate with a computer on another network.
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O
- Open Interest
- Open interest refers to the total number of outstanding derivative contracts, specifically futures and options, that are held by market participants at the end of each trading session.
- Onchain Fiat
- Onchain fiat is a first-of-its-kind, fully authorized and regulated subset of stablecoins that allows for seamless transitions between traditional bank accounts and web3.
- On-Chain
- Transactions that are recorded on the blockchain itself and shared with all of the participants are done on-chain.
- Optimistic Rollup
- An optimistic rollup is a type of layer-2 scaling solution that relies on off-chain computation to record transactions in layer 2 trustlessly.
- OpenSea
- OpenSea is a decentralized P2P platform for NFTs.
- Orphan
- A valid block on the blockchain that is not part of the main chain.
- Orphaned Block
- An orphaned block is a block where the parent block does not exist or is unknown.
- Order Book
- An order book comprises different key information regarding an asset.
- Ontorand Consensus Engine (Ontology)
- Ontorand Consensus Engine is the VBFT consensus mechanism on the Ontology blockchain.
- Ouroboros Praos
- Ouroboros Praos is a proof-of-stake consensus mechanism developed by IOHK and is an updated version of Ouroboros Classic.
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P
- Programmable Privacy
- Programmable privacy redefines data protection in decentralized applications (dApps), offering a flexible concept that empowers users and developers to personalize privacy settings.
- Proof of Stake Authority (PoSA)
- Proof of Stake Authority is an innovative consensus algorithm that represents a hybrid of Proof-of-Stake and Proof-of-Authority.
- Proof Market
- A proof market is a decentralized marketplace where users can buy and sell cryptographic proofs to verify ownership, the validity of a particular transaction and the authenticity of a piece of information or computation results.
- Permissionless
- Often used to describe blockchains, a system is said to be permissionless when there is no entity that can regulate who can use it and how it can be used.
- Private Key/Secret Key
- A piece of code generated in asymmetric-key encryption process, paired with a public key, to be used in decrypting information hashed with the public key.
- Proof-of-Stake (PoS)
- A blockchain consensus mechanism in addition to Proof-of-Work that maintains the integrity of blockchain.
- Proof-of-Authority (PoA)
- A blockchain consensus mechanism that delivers comparatively fast transactions using identity as a stake.
- Proof-of-Work (PoW)
- A blockchain consensus mechanism involving solving of computationally intensive puzzles to validate transactions and create new blocks. *see Proof-of-Stake (PoS).
- Public Address
- A public address is the cryptographic hash of a public key, allowing the user to use it as an address to request for payment.
- Proof-of-Spacetime
- In simplest terms, PoSt means that someone can now guarantee that they are spending a certain amount of space for storage.
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Q
- Quant Zone (FTX Exchange)
- A tool to create and share trading strategies on the FTX exchange.
- Quantum Bit (Qubit)
- A unit of measurement for the number of bits in quantum information, and is also called a "qubit."
- Quasar Smart Contract (OMG Foundation)
- A smart contract by OMG Network to solve layer-2 blockchain problems.
- QR Code
- A machine-readable label that shows information encoded into a graphical black-and-white pattern.
- Quantum Computing
- A computer that harnesses phenomena from quantum mechanics in order to perform much more efficient computations than older, classical computer technologies are capable of.
- Quorum (Governance
- A quorum is the minimum number of members of an assembly or group that must be present at any of its meetings to make the proceedings of that meeting valid.
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R
- Real World Assets (RWAs)
- Real World Assets are off-chain assets, which are tokenized and brought on-chain for use in DeFi. Tokenization involves converting an asset's value into a digital token for representation and transactions on the blockchain.
- Rough Consensus
- Rough consensus, in its bare essence, refers to a method of decision-making that doesn't necessarily require unanimity.
- Replicated Security (RS)
- Replicated Security (RS) is a new technology that lets a Cosmos blockchain share its economic security with another using the Inter-Blockchain Communication protocol (IBC).
- Regenerative Finance (ReFi)
- Regenerative Finance can be defined as a system that regenerates its resource capacity over time.
- Ring Signature
- A cryptographic digital signature that obfuscates the identities of two parties within a transaction.
- DIRECT
- A shorthand slang for “wrecked,” describing a bad loss in a trade.
- Rug Pull
- A rug pull is a type of scam where developers abandon a project and take their investors' money.
- Recursion
- Recursion refers to when a function calls on itself directly or indirectly in a circular loop(s).
- Recovery Seed
- A recovery seed is a cryptographically derived security code composed of a list of random words, typically ranging between 12 and 14.
- Resistance (Line/Level)
- The highest price level of an asset during a specific period.
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S
- Solana Virtual Machine (SVM)
- The Solana Virtual Machine, or SVM, is the system powering Solana's ability to handle thousands of transactions per second.
- Simple Ledger Protocol (SLP)
- Simple Ledger Protocol (SLP) is a token system that works on top of Bitcoin Cash. It allows users to create their own tokens to represent anything they can dream of.
- Shard Chain
- In the world of cryptocurrencies, sharding can reduce the network congestion as well as increase transactions per second through the creation of new chains
- Succinct Proofs of Random Access (SPoRA)
- Succinct Proofs of Random Access (SPoRA) is a consensus mechanism used to confirm transactions and validate blocks on the Arweave decentralized network.
- Subnet
- A subnet is a smaller network within a larger network. Think of all the computers, printers and other devices that make up a network as pieces of a huge jigsaw puzzle. A subnet is like a chunk of that jigsaw; it collects nodes that all have something in common.
- Stacking Sats
- "Stacking sats" refers to the practice of accumulating small amounts of Bitcoin, typically expressed in "satoshis," the smallest unit of a Bitcoin.
- Seed Funding
- Seed funding is a type of funding that provides capital to startups in exchange for equity in the company.
- Stock-to-Flow Ratio
- The stock-to-flow ratio is a metric used to measure the scarcity of a commodity, particularly precious metals and cryptocurrencies.
- Support Level
- A support level in crypto is when the price of a crypto asset stops depreciating because of increased supply from buyers that wish to buy at a certain price.
- Smart Money
- Smart money refers to the funds invested by individuals or entities with extensive financial experience, knowledge, and a keen eye for lucrative opportunities. T
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T
- Tokenization
- The process by which real-world assets are turned into something of digital value called a token, often subsequently able to offer ownership of parts of this asset to different owners.
- Ticker Symbol
- The ticker symbol is the unique combination of letters assigned to stocks or cryptocurrencies that makes them distinguishable on exchanges and other trading applications.
- Turing Completeness
- Turing completeness refers to the capability of a system or programming language to solve any problem that can be solved by a machine created by mathematician Alan Turing.
- Tokenomics
- Tokenomics is the science of token economy which consists of a set of rules that governs a cryptocurrency's issuance and supply.
- Trading Volume
- Тrading volume refers to the total number of shares (or tokens/coins) that have been exchanged between buyers and sellers of a given asset during trading hours of a certain day.
- Testnet
- An alternative blockchain used by developers for testing.
- Tamper-Proof Ledger
- A tamper-proof ledger is essentially any system of records that has the fundamental properties of a blockchain distributed ledger.
- Transactions Per Second (TPS)
- Transactions per second (TPS) is a measure of a computer system's (or network's) capacity to perform transactions or calculations in a second.
- Token Lockup
- Token lockup refers to a time period during which cryptocurrency tokens cannot be exchanged or traded.
- Token Issuance
- Token issuance is the process of creating new tokens and adding them to the total token supply of a cryptocurrency.
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U
- Unit of Account
- A unit of account is a standardized unit of measurement used in accounting to record and track financial transactions.
- Unpermissioned Ledger
- A public ledger that is open to anyone, without being controlled by a single owner.
- Unconfirmed
- A state in which a transaction has not been appended to the blockchain.
- Utility Token
- Tokens that are designed specifically to be able to help people use something.
- Utility Mining
- Utility mining is a mechanism that allows for the distribution of tokens based on user activity and active participation. This allows crypto projects to distribute flexible yields attached to any specified on-chain interaction.
- Unbanked
- Unbanked refers to those that are either unable to access banking services, or choose not to.
- Uncle Block (Ommer Block)
- Uncle Block (Ommer Block) refers to the discarded block in the phenomenon when two blocks are simultaneously created, resulting in one block being omitted from the blockchain.
- Unrealized Profit & Loss
- Unrealized profit and loss occur when you have a position open in a security that has appreciated or depreciated in value.
- UNI Token
- A native governance token of Uniswap, the largest decentralized exchange at the time of writing.
- United States House Committee on Financial Services
- The U.S. House Committee on Financial Services is a committee of the United States House of Representatives that oversees all components of the US’s financial and housing services.
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V
- Vaporware
- A cryptocurrency project that is never actually developed.
- Virgin Bitcoin
- A Bitcoin that has never been spent.
- Validator
- A participant on a proof-of-stake (PoS) blockchain, involved in validating blocks for rewards.
- Volatility
- A statistical measure of dispersion of returns, measured by using the standard deviation or variance between returns from that same security or market index.
- Virtual Commodity Association (VCA)
- The virtual commodity association is a non-profit organization of cryptocurrency exchanges and custodians with an aim to build a self-regulatory organization (SRO) for the U.S. virtual currency industry.
- Vesting Period
- The act of restricting the sale of a token for a particular period of time.
- Virtual Private Network (VPN)
- A virtual private network (VPN) is a technology that creates a safe and encrypted network from a public internet connection – giving you anonymity and privacy.
- Vanity Address
- A cryptocurrency public address with custom letters and numbers, usually picked by its owner.
- Venture Capital
- A form of private equity provided to fund small, early-stage firms considered to have high growth potential.
- Verification Code
- A verification code is a security protection method that is used to avoid internet bots from abusing or even spamming various online services.
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W
- Wash Trade
- A form of market manipulation in which investors create artificial activity in the marketplace by simultaneously selling and buying the same cryptocurrencies.
- White Label Staking
- In white-label staking, the crypto holders get their validator node explicitly created for them. This is then managed entirely on their behalf by a third-party operator.
- Wallet
- A place where cryptocurrency users can store, send and receive digital assets.
- When Moon
- A phrase used to ask when the price of cryptocurrencies will explode.
- Web 3.0
- Web 3.0 is the coming generation of the internet.
- Whitepaper
- A document released by a crypto project that gives investors technical information about its concept, and a roadmap for how it plans to grow and succeed.
- Whitelist
- A list of interested participants in an initial coin offering, who registered their intent to take part or purchase in a sale.
- Watchlist
- A watchlist is a feature of the website where users can create their own lists of cryptocurrencies to follow.
- Weak Hands
- An investor prone to panic selling at the first sign of a price decline.
- Watcher (OMG Foundation)
- A Watcher on OMG Foundation is a computer that observes the child chain and block producer and makes sure network transactions are correctly confirmed.
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X
- XBT
- XBT is the lesser-known ticker symbol for Bitcoin.
- x86 Virtual Machine (Qtum)
- X86 Virtual Machine enables Qtum developers to write smart contracts in a language of their choice.
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Y
- Yield Farming
- Yield farming involves earning interest by investing crypto in decentralized finance markets.
- Yield Sensitivity
- Yield sensitivity or interest rate sensitivity is a measure of how much a fixed income asset’s price changes due to the fluctuation in interest rates.
- Yield Curve
- The yield curve is a line that plots the relationship between yields and maturities of fixed income securities.
- YTD
- Stands for Year to Date.
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Z
- zkOracle
- zkOracles utilize Zero Knowledge Proofs (ZKPs) as a trustless medium through which data can pass freely whilst retaining a robust standard of security, privacy and cost-efficiency.
- Zero Knowledge Rollups
- A zero-knowledge rollup is a Layer 2 blockchain solution that performs computations and storage off-chain while funds are held in a smart contract.
- Zk-SNARKs
- A proof that allows one party to prove it owns certain information without revealing it.
- Zero-Knowledge Proof
- In cryptography, a zero-knowledge proof enables one party to provide evidence that a transaction or event happened without revealing private details of that transaction or event.
- Zero Confirmation Transaction
- Alternative phrasing for an unconfirmed transaction.
- Zero Confirmation/Unconfirmed Transaction
- A zero confirmation or unconfirmed transaction is defined as an exchange that has not yet been recorded or verified on the blockchain
- Zero Knowledge Rollup
- A zero knowledge rollup is a type of layer 2 scaling solution that relies on zero knowledge cryptography
- Zero Knowledge Proof
- Proving certain information or data is true without revealing it.