Cryptocurrencies
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Satoshi is a bitcoin cent. Bitcoin is divisible into eight decimal places. 1 Bitcoin = 100,000,000 satoshi. The bitcoin cent was named after Bitcoin founder Satoshi Nakamoto.
It refers to a way of distributing cryptocurrency to the general public who have taken the necessary steps to receive a certain number of tokens in their wallet. Usually, this method is used for marketing purposes, namely to increase awareness of a specific project.
The meaning of this phrase points to a risky way of investing in that you use all your capital to buy one cryptocurrency.
Altcoin is an alternative cryptocurrency, an alternative coin. From the perspective of the first cryptocurrency - Bitcoin - in principle each new cryptocurrency is an altcoin, i.e. an alternative cryptocurrency.
The use of different prices between individual courses; this method is carried out between individual exchanges. You buy at a better price on one, transfer the purchased cryptocurrency to the other exchange, and sell it at a higher price, resulting in a profit.
Asset - assets of monetary value that can be owned or purchased. It can cover a variety of financial and physical instruments such as stocks, real estate, gold, and dollars. Bitcoin is a form of crypto or digital asset.
The abbreviation ATH represents the highest value that any cryptocurrency has ever reached. ATH stands for All Time High.
A bear market or bear trend follows from the term BEARISH, which is associated with a pessimistic mood in the markets. In this bearish trend, the value of cryptocurrency or the whole market is expected to decline.
This refers to the first-class hedging of the index used as a benchmark against which the performance of the wider market is monitored.
Bitcoin is the first, oldest and most famous cryptocurrency. It was created in 2009 by someone known under the pseudonym Satoshi Nakamoto. The identity of the creator or creators remains unknown.
The term Bitcoin CASH defines a cryptocurrency other than Bitcoin. The Bitcoin currency was separated by forks on 1 August 2017, i.e. one database of transactions was divided into two branches.
Under the term 'block', we can imagine a package of data stored in a blockchain network. This data is permanently stored and defined in the blockchain and cannot be edited or changed in the future.
The BLOCK EXPLORER tool searches for online transactions made on the blockchain.
This is a reward for people who mine cryptocurrencies and keep the network running with the aim to complete one block. Such people are also called 'miners'.
Blockchain is a decentralized database that contains all transactions of a specific cryptocurrency.
This rewards program comprises fulfilling simple tasks given by a blockchain or project.
An enthusiastic rallying call for cryptocurrency fans to buy while prices are low.
A bull market, or even bullish trend, is an optimistic mood in markets compared to the bear market.
Cryptocurrencies basically refer to the native assets of a blockchain network.
The process whereby the platform replaces an existing token with an updated token.
One of the most popular websites that gathers comprehensive information from cryptocurrency world.
This is the offline storage of cryptocurrencies in a wallet.
Refers to an asset offered as a guarantee to repay a loan.
Confirmation of a transaction by being stored in the blockchain provides proof of its execution.
A correction defines the decrease in price that usually happens after reaching the All Time High, or a longer-term rise in the value of a cryptocurrency.
A cryptocurrency is a decentralized digital currency that cannot be controlled or manipulated, and the value of which is not controlled by any central authority (as with FIAT currencies issued by central banks).
An address that represents something like an account number in the standard world. A cryptocurrency address is the address of your wallet to which you can send cryptocurrencies.
Cryptocurrency ATM is a self-service device to quickly buy or sell cryptocurrencies. There are two-way or one-way cryptocurrency ATMs.
Decentralized Autonomous Organization. An organization whose building is based on smart contracts.
Apps running on decentralized technology, mostly using smart contracts, which operate autonomously without the need for central authority.
The extended buying and selling of assets in order to make a profit within intraday changes in their price.
Decentralization is associated with cryptocurrencies. It's a system or platform that is not dependent on central authority. Due to the absence of central authority, no one has control over such a system.
Deep Web - this refers to parts of the internet that are not fully accessible with standard search tools (e.g. Google, Yahoo, Bing, etc.).
DeFi - short for 'decentralized finance'; the system by which financial products are available in the public decentralized blockchain network.
A deposit is a deposit to an account on the exchange/wallet in cryptocurrency or fiat money.
Digital installations, digital photographs, video art, graphic images, etc. is offered by multimedia technology, which is very popular in the art world.
Digital Asset – in the world of crypto and fintech this refers to the digital representation of something valuable - cryptocurrencies, security tokens, digital stocks, digital collectibles - their value is usually tokenized.
The NEO network creates a digital identity for the asset and for the active participant in the network, which goes through a thorough identification process. Thanks to which, the digital identity can be connected with its real-world identity.
Basic recommendation for cryptocurrency investors.
It is a token format in the Ethereum network. Most tokens in circulation today run on this standardized format.
Ethereum is currently the second most valuable cryptocurrency. Ethereum enables you to create smart contracts or ERC-20 tokens on its blockchain network.
It is a cryptocurrency that was forked from the Ethereum cryptocurrency. If cryptocurrencies have a similar name, it means they are two different cryptocurrencies.
There is a website where you can search for a public address in the network and find out how much ETH is at that address, or how many other ERC-20 tokens are stored at that address within the ETH network.
It is a so-called transaction fee that arises when transferring cryptocurrencies.
State currency without commodity coverage, such as gold.
It is a hypothetical scenario where one cryptocurrency surpasses the market cap of Bitcoin and becomes more valuable and important.
The fear of missing out on something.
This means splitting the blockchain into two separate networks, as was the case with Bitcoin and the creation of the Bitcoin Cash blockchain. Fork is also referred to as a blockchain rule change.
Fear, uncertainty and doubt. Due to the volatility of cryptocurrencies, this feeling is relatively common for newcomers to the cryptoworld.
This is the very first block in a given blockchain. It's then followed by all other blocks.
It is one of the most popular platforms for getting cryptocurrency source code, and it lets developers work on multiple projects at the same time from anywhere in the world.
This relates to the miners that mine cryptocurrency. Halving is a reduction in the reward for using one block. An example is Bitcoin, for which halving takes place every 210,000 blocks.
The maximum amount of money they would like to raise within the ICO project.
Modifications or changes to any blockchains, and implementation of new rules incompatible with the previous protocol version.
An offline electronic device that connects to a computer via USB. It is used to store Bitcoins or other cryptocurrencies.
A computer function that encrypts data - resulting in a combination of letters and numbers of a certain length.
Cryptocurrency mining machine performance in terms of the number of hashes per second.
The term "HODL" is a misspelling of the English word "HOLD". In the cryptocurrency world, HODL means holding a cryptocurrency under any circumstances while looking at its growth potential over a long-term time scale.
The acronym ICO defines the company's token sales of its cryptocurrency before it has a finished product.
Know Your Customer. This is a regulation based on which a user's identity is verified in the investment and financial sphere.
The exclamation of a person who owns some cryptocurrency and believes that it will grow rapidly, which will earn him the money to buy a Lamborghini.
One of the popular hardware wallets where you can store bitcoin and other cryptocurrencies.
The speeding-up of bitcoin network transactions. This solution is the 'second layer' above the standard Bitcoin network, where transactions can be conducted at low fees.
This is the ability to readily convert certain assets into money. This indicator shows how quickly you will get cash for your assets.
One of the oldest cryptocurrencies, modelled on bitcoin, is now a leading altcoin.
The total market value of a particular cryptocurrency.
This is the maximum number of parts of a given cryptocurrency that should exist.
MEMECOIN, then, is a cryptocurrency that leverages the popularity of memes as a way of marketing and dissemination.
A virtual digital 3D space inhabited by avatars, in which cryptocurrencies, blockchain, NFT, and smart contracts play an important role.
A free website that allows you to create or manage ethereum wallets.
The solving of cryptographic calculations. This process aims to verify and create a block.
In the world of cryptocurrency, minting is a decentralized process that lets a person make a new token without a central authority.
NFTs are added to the Ethereum blockchain and are used by creators to sell their photos, videos, and digital 3D objects.
One of the best-known anonymous cryptocurrencies, designed for maximum privacy. Its transactions aren't trackable or traceable.
A non-fungible-token can be any asset, art, or something unique. NFTs are a unique asset in the digital world.
This is an important and basic building block of the blockchain network. It is usually a server or computer that runs the network.
A platform or system that provides data transfer between other systems. There are several oracles in the cryptocurrency world. One of the most famous oracle protocols is Chainlink.
A data transfer between two or more parties that operates directly without a central node. Data, files and any other information can be shared this way.
Quick and thoughtless sale of cryptocurrency caused by the fact that the given cryptocurrency has started to fall and you fear an even more significant fall.
A paper wallet is a secure form of cryptocurrency storage. In the case of a paper wallet, the user prints the private key and public address, for example with a QR code on paper.
The Proof of Stake consensus isn't based on mining (like Proof of Work) and is less energy intensive.
The Proof of Work consensus means that the miners that mine the cryptocurrency run the network.
A cryptocurrency that was mined before it was publicly available. The cryptocurrency's creators mined a portion of the cryptocurrency's pieces before others could get to them.
A secret key that uniquely identifies a particular account and should only be known by its owner. This combination of letters and numbers enables access to the cryptocurrencies in your wallet.
The Raiden Network is a scaling layer built on the Ethereum blockchain.
In the crypto world, rekt is often used to describe someone who has lost a lot of money because of a bad trade or investment.
Key cryptocurrency milestones and future plans are on the timeline. Such roadmap typically also shows past milestones and events.
The pseudonym of the figure behind Bitcoin - the first and oldest cryptocurrency. The real identity of Satoshi Nakamoto remains elusive.
This is a scam project that tries to get money from people and then fails to complete its promised plans and keeps the money. We can cite BitConnect as an example.
A coin with no apparent potential value or use.
An autonomous, automatic and smart contract between two or more parties entered into permanently on a blockchain. It's executed automatically when registered conditions are met.
The minimum amount of money that the ICO project wants to raise.
A software wallet is an app for smartphones and computers that can work with cryptocurrencies.
Solidity is a high-level programming language mainly used for the Ethereum blockchain.
This is a stable cryptocurrency with almost fixed value that is not subject to volatility. Stable coins are often pegged to standard currencies (such as the dollar or euro) or gold.
Cryptocurrency staking is one of the possibilities for achieving a passive cryptocurrency income.
The cryptocurrency world includes blockchains that enable the formation of other cryptocurrencies, i.e. Tokens.
One of the most popular hardware wallets. It's made in Czechia.
Vesting is a gradual release of locked tokens. This procedure is usually associated with a pre-sale phase when investors obtain a certain number of tokens at a discounted price.
This indicates the fluctuation and rate of change of an asset's exchange rate. Cryptocurrencies are associated with major volatility. It is common for them to increase in value and fall rapidly by several tens of percent.
It is the volume of trades with a given cryptocurrency in the last 24 hours.
To use cryptocurrencies in everyday life, a cryptocurrency wallet is a must. This can be hardware, software, or paper.
The new generation of the Internet. It should bring a more secure and freer virtual space based on new features as well as decentralized systems.
The Wexo platform aims to act as a transition between the outdated financial world of fiat money and a new digital era.
A whitepaper is an important document that provides technical information, direction, and plans for a given crypto project.
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