terminology
Crypto language to be familiar with
51% Attack
A situation where one person or organisation is able to hijack the blockchain by controlling the majority of the computing power, otherwise known as the hash rate. For example, they can interupt mining activity and prevent transactions from being confirmed.
Address
A crypto address is a unique location where you store your coins. You also use the address to send and receive your coins. The address will usually consist of a string of letters and numbers, looking something like this:
0xf2403199E81c816ADFE27e850fAf07a24aC04D45
Airdrop
A giveaway of tokens, usually from a new project as a promotion to early supporters.
Altcoin
All cryptocurrencies which are not Bitcoin are known as altcoins (alternative coins).
Altseason
A term for when bitcoin dominance falls in the market as investors trend towards altcoins.
AMM
Arbitrage
ASIC Mining
ATH
Bag
Bear Market
Blockchain
Block
Block Reward
Buy the Dip (BTD)
Bull Market
CEX
Cold Storage
Cryptography
Cryptocurrency
DAO
dApps
DCA – Dollar Cost Averaging
Decentralised Finance (DeFi)
DEX
Distributed Ledger
Double Spending
Dust Transaction
DYOR
ECDSA
ERC-20 Token
Fiat
FUD
Fork
Gas
Gwei
Halving
Hash
Hashrate
HODL
ICO
IDO
IEO
ISO
KYC
Liquidity Pool
Marketcap
Mining
Multisig
NFA (Not Financial Advice)
NFT
Node
P2P
Privacy Coin
Private Key
Proof of Stake (PoS)
Include DPoS
Proof of Work (PoW)
Public Key
Pump and Dump
Rug Pull
Sats
Seed Phrase
Shill
Smart Contract
Stablecoins
Staking
Wallet
Whale
Whitepaper
Yield Farming