Learn crypto terminology with beginner-friendly definitions. 87 terms and growing!
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A unique string of letters and numbers used to send and receive cryptocurrency. Think of it like your email address, but for crypto.
Free distribution of cryptocurrency tokens to multiple wallet addresses, often used as a marketing strategy or reward for early supporters.
Any cryptocurrency other than Bitcoin. The term comes from 'alternative coin'.
The rate of return on an investment over one year, including compound interest. Common in DeFi lending and staking.
Buying cryptocurrency on one exchange where it's cheaper and selling it on another where it's more expensive to profit from the price difference.
The highest price a cryptocurrency has ever reached in its history.
A period when cryptocurrency prices are falling or expected to fall. The opposite of a bull market.
A digital ledger that records all transactions across a network of computers. Like a chain of blocks, each containing transaction data.
A connection that allows tokens to move between different blockchains.
A period when cryptocurrency prices are rising or expected to rise. The opposite of a bear market.
Permanently removing tokens from circulation by sending them to an unusable address, reducing the total supply.
A cryptocurrency exchange operated by a company that acts as a middleman. Users don't control their private keys.
A cryptocurrency wallet that is not connected to the internet, providing maximum security for storing crypto.
The method by which a blockchain network agrees on the current state of the ledger. Common types include Proof of Work and Proof of Stake.
The ability to exchange information and value across different blockchain networks.
Digital or virtual currency secured by cryptography, operating independently of central banks.
An organization governed by smart contracts and token holders rather than traditional management.
An application that runs on a blockchain network rather than a single computer or server.
Financial services using smart contracts on blockchains, eliminating the need for traditional financial intermediaries.
A cryptocurrency exchange that operates without a central authority, allowing peer-to-peer trading.
Slang for someone who holds their cryptocurrency despite price volatility and doesn't sell during dips.
A reminder to research projects yourself rather than blindly following others' advice.
A technical standard for tokens on the Ethereum blockchain. Most tokens on Ethereum follow this standard.
A blockchain platform that enables smart contracts and decentralized applications. The second-largest cryptocurrency by market cap.
Traditional government-issued currency like dollars, euros, or yen. Not backed by physical commodities.
The anxiety that an exciting opportunity may be missed, often causing impulsive buying decisions.
A change to a blockchain's protocol. Can be 'soft' (backward compatible) or 'hard' (not compatible).
Negative information spread to influence perception of cryptocurrencies, whether true or false.
The fee required to execute transactions or smart contracts on Ethereum and similar blockchains.
The maximum amount of gas you're willing to spend on a transaction.
The first block in a blockchain, marking the beginning of the network.
A unit of Ethereum. 1 Gwei = 0.000000001 ETH. Used to measure gas prices.
An event where the reward for mining new blocks is cut in half. Bitcoin halving occurs approximately every 4 years.
A fixed-length string of characters generated from input data. Used to secure blockchain transactions.
The computational power used to mine and process transactions on a proof-of-work blockchain.
Slang for holding cryptocurrency long-term despite volatility. Originally a misspelling of 'hold'.
A cryptocurrency wallet connected to the internet, convenient but less secure than cold storage.
A fundraising method where new projects sell their tokens to early investors. Similar to an IPO in stocks.
Temporary loss experienced by liquidity providers due to price divergence of paired assets.
Identity verification process required by many exchanges to comply with regulations.
The base blockchain network like Bitcoin or Ethereum. The foundation layer of the blockchain.
A secondary framework built on top of Layer 1 to improve scalability and speed.
A record-keeping system for tracking transactions. Blockchain is a type of distributed ledger.
How easily an asset can be bought or sold without affecting its price. High liquidity means easier trading.
Funds locked in a smart contract to facilitate trading on decentralized exchanges.
Total value of a cryptocurrency, calculated by multiplying price by circulating supply.
A popular browser extension wallet for interacting with Ethereum and other EVM blockchains.
The process of validating transactions and adding them to the blockchain in exchange for rewards.
Creating new tokens or NFTs on a blockchain.
Slang for a cryptocurrency's price rising dramatically.
A unique digital asset that represents ownership of a specific item or piece of content.
A computer that maintains a copy of the blockchain and validates transactions.
A number used once in cryptographic communication. In mining, it's the number miners change to find valid blocks.
A service that provides real-world data to smart contracts on the blockchain.
A list of buy and sell orders for a specific cryptocurrency organized by price level.
Slang for someone who sells their cryptocurrency quickly, especially during price dips.
Direct interaction between two parties without intermediaries.
A secret code that allows you to access and control your cryptocurrency. Never share this with anyone.
A consensus mechanism where validators are chosen based on the amount of cryptocurrency they stake.
A consensus mechanism where miners compete to solve complex puzzles to validate transactions.
A cryptographic code that allows others to send cryptocurrency to your wallet. Derived from your private key.
A scheme where a cryptocurrency's price is artificially inflated before being sold off for profit.
Slang for 'wrecked', meaning suffering severe financial loss in crypto trading.
A scam where developers abandon a project and run away with investors' funds.
The smallest unit of Bitcoin. 1 Bitcoin = 100 million Satoshis. Named after Bitcoin's creator.
A series of words (usually 12 or 24) that can restore access to a cryptocurrency wallet. Keep this extremely secure.
A scaling solution that splits a blockchain into smaller pieces (shards) to process transactions in parallel.
Slang for a cryptocurrency with no real value or use case, often created as a joke or scam.
The difference between expected and actual trade price due to market movement.
Self-executing code on a blockchain that automatically enforces agreement terms without intermediaries.
A cryptocurrency designed to maintain a stable value, usually pegged to a fiat currency like USD.
Locking up cryptocurrency to support network operations and earn rewards.
Exchanging one cryptocurrency for another.
A digital asset created on an existing blockchain. Different from coins which have their own blockchain.
The total amount of assets deposited in a DeFi protocol.
A measure of a blockchain's processing capacity.
The cost to send cryptocurrency or interact with a blockchain.
A participant who verifies transactions on a Proof of Stake blockchain.
How much a cryptocurrency's price fluctuates over time.
The total amount of cryptocurrency traded in a given period.
Software or hardware that stores cryptocurrency private keys and enables sending/receiving crypto.
The smallest unit of Ethereum. 1 ETH = 1,000,000,000,000,000,000 Wei.
Someone who holds a large amount of cryptocurrency, capable of influencing market prices.
A document that explains a cryptocurrency project's technology, purpose, and implementation.
A token pegged to another cryptocurrency's value, allowing it to be used on different blockchains.
Earning rewards by providing liquidity or lending cryptocurrency in DeFi protocols.
A cryptographic method to prove something is true without revealing the actual information.