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