Crypto glossary

Trustless implies that no single entity holds authority over the system, and consensus is reached among participants who are not required to trust each other.

A system that, when provided with sufficient time, memory, and the appropriate instructions, has the capability to solve any computational problem, regardless of its complexity.

CZ's Number 4 symbolizes one of CZ's New Year's resolutions to disregard FUD, fake news, and attacks on Binance.

One of the fundamental characteristics of money, enabling the measurement and comparison of the value of various items.

An output generated in a transaction that needs to be referenced in a subsequent transaction in order to spend the funds.

The platform where human-machine interactions take place, determining how a user can engage with a machine.

A digital token released through a blockchain network, frequently through an initial coin offering (ICO), initial exchange offering (IEO), or token generation event (TGE).

A code sent to a secondary device to confirm the identity of an individual logging into an account. This is commonly utilized for Two-Factor Authentication.

Virtual Machine refers to an emulated computer system or a distributed system created to mimic the characteristics of a computer's architecture.

A phrase used to characterize an individual who has obtained 0.01% of the maximum supply of a cryptocurrency.

Volatility refers to the speed and extent of price fluctuations for an asset, typically measured in terms of standard deviations in the annual return of an asset over a specific period.

A metric that quantifies the number of individual units of an asset that were exchanged in a market within a specific timeframe.

WAGMI stands for "We’re All Gonna Make It," an acronym that promotes a positive outlook, especially within the crypto community.

Wallets are utilized for sending and receiving cryptocurrencies, and they come in various forms such as software wallets, hardware wallets, and paper wallets.

An unethical and deceptive practice that entails simultaneously buying and selling a particular asset to generate artificial market activity.

A term used to describe traders or investors who lack the confidence to retain their assets or adhere to their trading strategies.

Weak subjectivity pertains to the necessity for specific nodes to depend on other nodes when establishing the current state of a PoS blockchain.

Web 1.0 refers to the early stage of the web, characterized by predominantly read-only pages connected with hyperlinks. It is also known as the 'read-only' web.

The smallest unit of ether (ETH), the currency used on the Ethereum network. It is commonly referenced when discussing gas prices.

Whale refers to an individual or organization that possesses a significant amount of Bitcoins or other cryptocurrencies, enabling them to influence the markets.

The lines that extend from the colored bar in a candlestick chart, representing the complete low-high range of a trading pair within a specific time frame. They are also known as wicks or shadows.

Whitelist refers to a roster of approved or trusted individuals, computer programs, or cryptocurrency addresses associated with a service or event.

A line present on a candlestick chart that signifies the fluctuation of an asset's price in relation to its opening and closing prices.

Win rate, also known as win ratio, is a financial markets metric that reflects a trader's potential profitability.

An ERC-20 token that represents Ether at a 1:1 ratio, enabling users to exchange ETH for ERC-20 tokens on decentralized platforms.

An approach to trading and investing that has had a lasting influence on contemporary technical analysis.

Yield farming involves a high-risk practice in DeFi where investors lock up assets to offer liquidity, lend, or stake in exchange for rewards or interest.

Evidence that validates the legitimacy of transactions without disclosing any details about the transactions, thus safeguarding transaction privacy while ensuring their validity.

A layer-2 scaling solution created to enhance the transaction throughput of blockchain networks while maintaining security.

zk-SNARKs stands for "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge" - a method for zero-knowledge proofs.

zk-STARKs enable one party (the prover) to share validated data or perform computations with a third party without disclosing the data or computations to the other party (the verifier).

A financial tool that measures the performance of a specific group of assets, such as stocks or bonds, over time.

A popular fundraising method used by cryptocurrency startups to raise capital by selling digital tokens.

A fundraising method where new cryptocurrency projects launch their tokens on decentralized exchanges, providing immediate liquidity and trading opportunities.

A fundraising method where a cryptocurrency exchange manages the token sale for a new project, providing added security and credibility.

The first time a private company sells shares of its stock to the public, becoming a public company and transitioning from private to public ownership.

Metadata attached to cryptocurrency units, such as text, images, or code, added to transaction outputs on the Bitcoin blockchain, and became popular when the crypto community started attaching data to satoshis.

A small silicon chip that contains a set of electronic components such as transistors, resistors, and capacitors.

The cost of borrowing money or the return on an investment, expressed as a percentage of the principal, and they have a significant impact on financial transactions such as loans and savings accounts.