Crypto Glossary | CoinMarketCap - Deepstash

A distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies.

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Crypto Glossary | CoinMarketCap

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A place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers.

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API stands for Application Programming Interface. It is a set of routines, protocols, and tools for building software applications. 

APIs specify how software components shou...

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ASIC:

  • An acronym for application - specific integrated circuit - a device designed for the sole purpose of mining cryptocurrencies.

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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 algorithmic...

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All-Time-High (ATH):

  • The highest point (in price, in market capitalization) that a cryptocurrency has been in history.

All-Time-Low (ATL):

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Altcoin:

  • As Bitcoin is the first cryptocurrency that captured the world’s imagination, all other coins were subsequently termed “altcoins,” as in “alternative coins.”

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BEP-2 (Binance Chain Tokenization Standard):

  • A technical standard for tokens on Binance Chain.

BEP-20:

  • BEP-20 is a Binance Smart ...

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Someone who believes that prices in a given market will decline over an extended period. Such a person might be referred to as “bearish.”

What Is a Bear?

While a bear i...

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An automated teller machine (ATM or cashpoint) that allows the user to buy and sell Bitcoin.

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A file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain.

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Bull:

A person that is optimistic and confident that market prices will increase, this person is also known to be "bullish" about the market or price.

Bull Trap...

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Cryptocurrency tokens or coins are considered “burned” when they have been purposely and permanently removed from circulation.

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An enthusiastic exclamation by supporters of a cryptocurrency to buy while prices are at a low point.

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Capital is most commonly defined as the large sum of money you would use to invest.

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

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CBDCs are digital currencies issued by a central bank whose status as legal tender depends on government regulation or law.

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A central ledger is a physical book or a computer file used to record transactions in a centralized manner.

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A central processing unit (CPU) is the part of a computer that is in charge of interpreting and executing programs and coordinating the work of all other components.

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A centralized organizational structure is one in which a single node or a small number of them are in control of an entire network.

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Centralized exchanges (CEXs) are a type of cryptocurrency exchange that is operated by a company that owns it in a centralized manner.

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In mineable cryptocurrencies, a coinbase is the number of coins that are generated from scratch and awarded to miners for mining every new block.

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A movement encouraging alternatives to traditional, centralized forms of financial services.

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Decentralized:

  • Decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal.

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A decline in the general level of prices for goods and services in an economy.

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Someone with a moderate holding of cryptocurrency.

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A dip is when markets experience a short or protracted downturn.

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Dump - A sudden sell-off of digital assets.

Dumping - A collective market sell-off that occurs when large quantities of a particular cryptocurrency are sold ...

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ERC-20:

  • Tokens designed and used solely on the Ethereum platform.

ERC-721:

  • A token standard for non-fungible Ethereum tokens. An ...

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A financial instrument where assets or cash are held by a third party while a buyer and a seller complete a deal.

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The form of payment used in the operation of the distribution application platform, Ethereum, in order to incentivize machines into executing the requested operations.

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Ethereum Improvement Proposals (EIPs) describe standards for the Ethereum platform, including core protocol specifications, client APIs, and contract standards.

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Ethereum transaction are cryptographically signed instructions to initiate a transaction to update the state of the Ethereum network.

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A Turing-complete virtual machine that enables execution of code exactly as intended; it is the runtime environment for every smart contract. Every Ethereum node runs on the EVM to maintain consens...

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Exchange:

  • Cryptocurrency exchanges (sometimes called digital currency exchanges) are businesses that allow customers to trade cryptocurrencies for fiat money or other cr...

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Fiat currency is “legal tender” backed by a central government, such as the Federal Reserve, and with its own banking system, such as fractional reserve banking. It can take the form of physical ca...

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A fish, or minnow, is someone who holds insignificant amounts of cryptocurrencies, often at the mercy of whales who move the market up and down. *see Dolphin and Whale.

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An investment strategy (mostly popularized by real estate investing) where you buy something with the goal of reselling for a profit later, usually in a short period of time. In the context of ICOs...

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Gains refer to an increase in value or profit.

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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 “f...

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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.

Gas Price

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Gavin Wood is the co-founder of Parity Technologies, and one of the founders of Ethereum.

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More commonly known as a graphics card, it is a computer chip that creates 3D images on computers, but has turned out to be efficient for mining cryptocurrencies.

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A type of passive investment strategy where you hold an investment for a long period of time, regardless of any changes in the price or markets. The term first became famous due to a typo made in a...

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When an investor’s account value falls below the margin maintenance amount. The broker will then demand that the investor deposit additional money or securities to meet the minimum required mainten...

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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 ...

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An area or arena, online or offline, in which commercial dealings are conducted. Usually referred to as the “crypto market,” which refers to the cumulative cryptocurrencies and projects operating w...

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An online digital wallet that allows users to manage, transfer and receive Ethereum, operating as an extension to a regular browser.

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Some cryptocurrencies have a system through which miners can be rewarded with newly-created cryptocurrencies for creating blocks through contributing their hash power. Cryptocurrencies with this ab...

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Minecraft is a video game where players can essentially create and break apart different kinds of blocks in a three-dimensional world.

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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 th...

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A minimum viable product (MVP) is a product that has enough features to attract early-adopter customers and validate a product idea.

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A process where blocks are added to a blockchain, verifying transactions. It is also the process through which new bitcoin or some altcoins are created.

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Another term for cloud mining, where users can rent or invest in mining capacity online.

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A setup where multiple miners combine their computing power to gain economies of scale and competitiveness in finding the next block on a blockchain. Rewards are split according to different agreem...

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

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A computer being used for mining. A mining rig could be a dedicated piece of hardware for mining, or a computer with spare capacity that can be used for other tasks, only mining part time.

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A situation where there is a continuous upward movement in the price of a cryptocurrency. Often used in communities to question when a cryptocurrency will experience such a phenomenon, saying “When...

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A network refers to all nodes in the operation of a blockchain at any given moment in time.

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The most basic unit of blockchain infrastructure that stores data.

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Open source is a philosophy, with participants believing in the free and open sharing of information in pursuit of the greater common good.

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A contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price.

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A public market for options, giving the buyer an option to buy or sell a cryptocurrency at a specific strike price, on or before a specific date.

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The decentralized interactions between parties in a distributed network, partitioning tasks or workloads between peers.

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A collection of cryptocurrencies or crypto assets held by an investment company, hedge fund, financial institution or individual.

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The set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain.

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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...

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A pyramid scheme is a scam with a hierarchical top-down structure.

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A machine-readable label that shows information encoded into a graphical black-and-white pattern. For cryptocurrencies, it is often used to easily share wallet addresses with others.

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A shorthand slang for “wrecked,” describing a bad loss in a trade.

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Short for “Return on Investment,” the ratio between the net profit and cost of investing.

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A cryptographic hash function that generates a 256-bit signature for a text, used in Bitcoin proof-of-work (PoW).

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The smallest unit of bitcoin with a value of 0.00000001 BTC.

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The individual or group of individuals that created Bitcoin. The identity of Satoshi Nakamoto has never been confirmed.

Dorian Nakamoto is a Japanese-American physicist who s...

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An alternative proof-of-work (PoW) algorithm to SHA-256, used in Bitcoin mining. Scrypt mining relies more heavily on memory than on pure CPU power, aiming to reduce the advantage that ASICs have a...

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A situation where a large limit order has been placed to sell when a cryptocurrency reaches a certain value.

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The act of enthusiastically promoting a cryptocurrency or ICO project.

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A coin with no obvious potential value or usage.

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Slippage happens when traders have to settle for a different price than what they initially requested due to a price movement.

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

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A cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.

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Participation in a proof-of-stake (PoS) system to put your tokens in to serve as a validator to the blockchain and receive rewards.

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A mindset where you have a longer-term investment horizon of months to years.

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A digital unit designed with utility in mind, providing access and use of a larger crypto economic system. It does not have a store of value on its own, but is made so that software can be develope...

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The total amount of coins in existence right now, minus any coins that have been verifiably burned. *see Circulating Supply and Max Supply.

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A payment for using the blockchain to transact.

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A participant on a proof-of-stake (PoS) blockchain, involved in validating blocks for rewards.

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A bitcoin that has never been spent.

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How much cryptocurrency has been traded over a set period, such as the past 24 hours.

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A place where cryptocurrency users can store, send and receive digital assets.

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A watchlist is a feature of the website where users can create their own lists of cryptocurrencies to follow. Alternative definition A watchlist is a set of pages a user has selected to monitor for...

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A term used to describe investors who have uncommonly large amounts of crypto, especially those with enough funds to manipulate the market.

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A phrase used to ask when the price of cryptocurrencies will explode.

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A list of interested participants in an initial coin offering, who registered their intent to take part or purchase in a sale.

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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.

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Yield farming involves earning interest by investing crypto in decentralized finance markets.

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