Main › Glossary

A

Absolute Advantage

Absolute Advantage refers to the direct advantage of an individual, company, or country in producing a bigger quantity of a particular product with the same cost or time, or producing the same quantity of that…

Active Management

Active Management (or active investing) is an investing strategy wherein brokers or fund managers aim to profit from both bear and bull markets through trading financial assets with market inefficiencies. Active managers rely on investment…

AD HOC

Of Latin provenance, the phrase means, “for this purpose” or made “specifically for this”. On the other hand, a majority of dictionaries simply translate it as “for this”. The term “ad hoc” may be used…

ADDRESS , BLOCKCHAIN

Not unlike addresses in both the real world and on the worldwide web, the blockchain address refers to the string of text provided to identify a specific place or user. To be more specific the…

AIRDROP

Airdrop pertains to a marketing campaign that aims at distributing specific cryptocurrency or a specific token to a certain audience.  This marketing campaign is sounded off by the cryuptocurrency creator. He or she encourages the…

ALGORITHM

In the field of Computer Science, Programming, and Mathematics, an algorithm pertains to a process or sequence of rules that are to be followed in light of problem-solving or calculation operations. While algorithms are usually…

ALL OR NONE ORDER (AON)

The AON abbreviation means, “All or None Order” (AON). AON refers to an order made on a financial exchange to purchase and sell a volume of assets for a specific price. It differs from other…

ALL-TIME HIGH (ATH)

The phrase, “All-Time High” refers to the highest price that an asset has received within an exchange for the current trading pair referenced. For instance, if a share of a stock in a certain corporation…

ALL-TIME LOW (ATL)

Simply put, All-Time Low or simply, ATL, refers to the lowest point in price and capitalization that a cryptocurrency has been priced with during its history of being traded.  It may also refer to the…

ALLOCATION

The term, allocation, simply pertains to either tokens or equity that had been allotted; these may be earned, bought, or set aside for the use of a specific investor, team, institution, or any other entity….

ALPHA

The term Alpha pertains to the first look at a product launched by a team. This consists of the initial version of an otherwise primitive, basic software or product.  This type of release is a…

ALTCOIN

The term, “Altcoin” came into being in light of the launch of the cryptocurrency, Bitcoin. Altcoin, which is portmanteau of the terms, “alternative” and “coin”, had become the term for the other cryptocurrencies that came…

B

Bag Holder

A bag holder is an informal term used to refer to an investor who holds his position in a security for an extended period of time. Usually, the bag holder refuses to let go of…

BEAR TRAP

A Bear Trap pertains to the technique played by a group of traders whose aim is manipulating the price of a digital asset. It is done through the outright sell of a great amount of…

BENCHMARK

A benchmark pertains to a standard that works as a mean or a point of reference. In the context of the financial industry, benchmark pertains to a measurement standard to gauge the performance of a…

BEP-2

Bep-2 pertains to a technical standard implemented for issuing and implementing tokens on the Binance blockchain. Here, what is referred to as standard is a specific set of rules meant to be followed by tokens…

BETA (COEFFICIENT)

In the field of Finance, a Beta Coefficient refers to a tool that effectively measures the volatility of a specific asset, as it is related to the volatility of the overall market or a particular…

BETA (RELEASE)

Beta refers to an early version of a program for users to test. The testing of this program’s phase is done for feedback. Logically, the Beta stage follows the Alpha stage. The term was birthed…

BID PRICE

The Bid Price is the highest price that a buyer would be willing to pay for a certain product or service. Within the financial markets, the Bid Price is the value buyers are willing to…

BID-ASK SPREAD

This trading concept is called such in light of its gap between the most minimal asking price which is also called the “sell order” and the highest bid price, also called “buy order”. A Bid-Ask…

BITCOIN ATM (BTM)

The Bitcoin ATM, is an automated teller machine for Bitcoins; it is also logically called a BTM. The only difference that it has from the usual ATM aside from the currency dispensed is that it…

BITCOIN CORE

Bitcoin Core pertains to the leading implementation of the software that gives the users the capability of interacting with the Bitcoin network.  Bitcoin Core is not owned, in any way, by any single business entity…

BITCOIN IMPROVEMENT PROPOSAL (BIP)

The Bitcoin Improvement Proposal or simply, BIP, pertains to the technical design document that provides data to the Bitcoin community. The information that the community receives details new proposed features, possible processes, or new environments…

C

Candidate Block

A candidate block is a temporary block that miners first mine to receive the block reward. A miner receives a block reward when it produces a candidate block with a valid block hash or Merkle…

Candle Sticks

A candlestick is a price chart indicator used in technical analysis. It displays the open, close, high, and low prices of a security for a particular time period.   Candlesticks originated from Japanese rice traders…

CAPITULATION

Capitulation pertains to a specific period of selling. Here, investors give up their positions and sell their holdings in the quickest way possible. Another name for this is “Panic Selling” given that during Capitulation the…

CASH

In the field of Economics, Cash simply refers to money. This is the physical form of currency namely, banknotes and coins. Within the context of Bookkeeping and Finance, cash pertains to current assets that include…

CENSORSHIP-RESISTANCE

Censorship-resistance pertains to a specific property of a cryptocurrency network that functions as a check on transactions as it prevents outside entities from making changes to the transactions. Once a transaction is added to the…

CENTRAL BANK

A Central Bank is the overseer and manger of a country’s monetary policy. It is in charge of controlling and regulating the country’s money supply, this it does through the issue of fiat currency and…

CENTRAL LEDGER

Also called a “General Ledger”, the “Central Ledger”, functions much like a central repository responsible for storing the records of transactions of a company’s assets and liabilities, alongside the revenues, expenses, the equity of the…

CENTRAL PROCESSING UNIT (CPU)

Also simply known as the central processor, the Central Processing Unit (CPU) is considered the brains of the computer system. The CPU’s primary function is to coordinate different components that run on a computer. The…

CENTRALIZED

The term “centralized” pertains to an organizational structure wherein a select number of nodes holds control of the whole network. Centralized systems are used by clients and server architecture with the nodes being directly connected…

CHANGE

In the context of the Bitcoin network, the term “change” pertains to the client’s generation of new Bitcoin address and the sending of the difference back to the address. This happens once the coin value…

CHARGEBACK

As the word strongly suggests, “Chargeback” pertains to a return of money to a payer of a specific transaction, especially with transactions done with a credit card. This is basically a demand lodged by a…

D

Daemon

Daemon refers to a software program that keeps running in the background and exists to handle periodic service requests. The requests that this software runs are expected by the computer system it operates under. What…

Dark Web

The Dark Web refers to an expansive part of the internet in which content is encrypted in such a way that it is not indexed by the usual search engines. The Dark Web may also…

DEAD CAT BOUNCE

In the field of Finance, the Dead Cat Bounce refers to a temporary recovery in prices of a declining stock following a huge decrease of it. This instance in the market is called as such…

DECENTRALIZED

When talking about Decentralized systems it refers to an interconnected information system. In this kind of network, no single entity is the main authority. Within the field of Computing and Information technology, systems that are…

DECENTRALIZED APPLICATIONS (dApps)

Decentralized Applications refer to a type of application that runs on a Decentralized network. This ultimately helps to avoid a single point of failure. Decentralized applications or programs exist on a blockchain or P2P network…

DECENTRALIZED AUTONOMOUS COOPERATIVE (DAC)

A Decentralized Autonomous Cooperative or DAC, pertains to an organization controlled by shareholders, not a central authority. It is sometimes called Decentralized Autonomous Corporation or DAC. It is represented by rules that are coded into…

DECENTRALIZED AUTONOMOUS INITIAL COIN OFFERING (DAICO)

A Decentralized Autonomous Initial Coin Offerings or DAICO, pertains to a fundraising methodology that combines the advantages offered by Decentralized Autonomous Organizations (DAOs) and Initial Coin Offerings (ICOs). The DAICO provides investors with greater control,…

DECENTRALIZED AUTONOMOUS ORGANIZATIONS (DAO)

Decentralized Autonomous Organizations or simply DAO pertains to an organization that is run through the rules set within smart contracts. The DAO is not controlled by the organization members and is not, in any way,…

DECENTRALIZED EXCHANGE (DEX)

A Decentralized Exchange refers to a cryptocurrency exchange that runs without a central authority. It is classified as a peer-to-peer exchange network that permits users to purchase and sell crypto tokens and other assets without…

DECRYPTION

The process of decryption pertains to converting of encrypted data into its former state. Basically, it is the reverse process of encryption. What happens within the process is that the encrypted information is decoded in…

DEFI

DeFi, a portmanteau of “Decentralized Finance”, refers to the creation of an ecosystem of financial tools that are built in on a blockchain.  DeFi is a form of a peer-to-peer finance that is experimental, with…

E

Eclipse Attack

Eclipse Attack is a means of attacking a decentralized network through which the attacker monopolizes all of the victim’s incoming and outgoing connections. The attacker can then filter the victim’s view of the blockchain, force…

EFFICIENT MARKET HYPOTHESIS (EMH)

The Efficient Market Hypothesis (EMH), pertains to the economic theory that stipulates that financial markets are reflective of all available information pertinent to the value and price of assets. This is given at any point…

ELI5

ELI5 stands for, “Explain Like I’m 5.” The 5 in the phrase refers to a 5-year old kid, which suggests the over-simplification of an otherwise complex concept so that the person inquiring would have a…

EMISSION

Also called, ”Emission Curve”, “Emission Rate”, and “Emission Schedule”, Emission, in general, refers to the speed at which new digital currencies are created and released to the public.  For a fact, cryptocurrencies are set up…

ENCRYPTION

The process of Encryption refers to the procedure of conversion that sees the conversion of clear information into code so as to prevent unauthorized or possibly fraudulent parties from accessing it. Business institutions, national governments,…

ENTERPRISE ETHEREUM ALLIANCE (EEA)

The Enterprise Ethereum Alliance, refers to a group of Ethereum developers, start-ups, and large corporations that work together with the aim of commercializing the use of Ethereum. This the enterprise does for the benefit of…

ERC-20

ERC-20 refers to the Ethereum coin standard. The standard is used for the implementation of tokens. It is governed by a common list of rules that defines interactions between tokens that include transfer between addresses…

ERC-721

ERC-721 pertains to a token standard meant for Non-Fungible Ethereum tokens. This token standard had been introduced through an Ethereum Improvement Proposal back in 2017. This enables smart contracts to operate as tokens that can…

ESCROW

By principle, an escrow refers to a contractual agreement between two parties involved in a financial transaction connected to a rendered service. In an escrow, a third party is able to receive and disburse money…

ETHER

Ether refers to the token that the Ethereum blockchain generates. Ether is therefore, used as payment in the operation of the blockchain, which aims to incentivize machines so that these may execute the operations requested…

ETHEREUM IMPROVEMENT PROPOSAL

Ethereum Improvement proposals or simply, EIPs pertain to the standards for the Ethereum platform. This includes the specifications of the cryptocurrency’s core protocol, the client APIs, and the standards of a contract. The document details…

ETHEREUM VIRTUAL MACHINE (EVM)

An Ethereum Virtual Machine or simply, EVM pertains to a Turing-complete virtual machine that allows for the execution of a code as it is originally intended. The EVM is basically the runtime environment for every…

F

FAKEOUT

A term used in Technical Analysis, a fakeout is a term used to refer to a false breakout. What this means is that the price breaks out of a technical price structure, only it is…

FALLING KNIFE

Also called “Catching a Falling Knife” or Catching the Bottoms”, the Falling Knife pertains to the action of purchasing an asset which has a falling price.  This is supported by the assumption that one would…

Faucet

Faucet refers to a reward system in the form of a website or an application that provides rewards in exchange for completing a specific task. Some faucet tasks may require a client to register an…

Fiat

Fiat currency refers to a medium of exchange that is issued and controlled by a government. It has its own banking system and it is not backed by any traditional commodities including gold and silver. …

FIAT-PEGGED CRYPTOCURRENCY

Also called, “pegged cryptocurrency,” a “Fiat-Pegged Cryptocurrency” pertains to a coin, a token, or a digital asset that has been issued on a blockchain linked to a government. The asset may also be a bank-issued…

FILL OR KILL (FOK)

The Fill or Kill Order or simply FOK, is an order type that some exchanges and trading platforms offer. This order type pertains to the concept that orders must be filled wholly or not executed…

FINALITY

As already made apparent through its infinitive form, “finality” is simply the assurance that transactions with the context of cryptocurrency industry can no longer be modified, reversed or cancelled after completion. A blockchain’s level of…

FIRST-MOVER ADVANTAGE (FMA)

The First-Mover Advantage pertains to the advantage that an initial project has in order to deliver a service or product into a new and uncharted market or facet of an industry.  As the project is…

FISCAL POLICY

Fiscal Policy pertains to how authorities make adjustments to a country’s tax rates and spending levels. This gives users the ability to monitor and ultimately impact the economy of a country by delineating how public…

FISH

Also called a “minnow”, a “fish” is someone who keeps low amounts of cryptocurrencies. The fish or minnow is subject to the power of what is called the “Whale”, a crypto trader who has a…

G

Gains

Also known as earnings, gains stem from the increase in value of an asset once the selling price exceeds the original price. A particular asset is said to have gained when its value advanced. Say,…

Gas

Gas, projected as a fee, is the cost needed to successfully carry out orders and smart contracts on the Ethereum platform. Quoted in units called “gwei”, its main function is to disperse the resources on…

GAS LIMIT (ETHEREUM)

Gas Limit refers to the term that the Ethereum platform uses to pertain to the maximum amount of “gas” the user would be willing to spend on a coin transaction. When the Gas Price is…

GAS PRICE (ETHEREUM)

In trading Ethereum tokens, “Gas Price” refers to the tiny denominations of ETH attached to each unit which are nicknamed Gwei.  The Gas Price is needed upon the usage of Ethereum when there are a…

GENERAL PUBLIC LICENSE

The General Public License, or simply, GPL, pertains to a free, copyleft license for the software. What it does is grant just about anyone the right to use, read, copy, modify, and distribute a computer…

GENESIS BLOCK

As the term suggests, the “Genesis Block” is the first block in a blockchain. Upon process, it is validated to form a new blockchain. Numerically, this newly-created block is also referred to as block 0…

GITHUB

Github is the name of a web-based open source development platform and hosting service. This platform permits users to upload files, documents, and computer codes to their individual accounts. Both registered and non-registered users are…

GOLD-BACKED CRYPTOCURRENCY

A Gold-Backed Cryptocurrency is an issued coin or token that represents gold’s value, for instance, one physical gram of gold equals one digital coin. This gram of this safe-haven asset is kept in a safe…

GRAPHICAL PROCESSING UNIT (GPU)

Popularly known as a graphics card, the Graphical Processing Unit or GPU refers to a computer chip that produces 3D images on computers. It manipulates and modifies memory to expedite image creation and is used…

GROUP MINING

Simply just another term for “Pool Mining”, Group Mining refers to a team of miners who combine their computing power and split the mined digital coin across all the mining participants. In this mining scheme,…

H

Hacker

The term originally referred to any person who possesses an advanced understanding and skill in working with computers and programs. Programmers and cybersecurity experts actually fall under this category, thus carrying a more positive connotation. …

HACKING

Hacking refers to the act of using a computer or a computer system to infiltrate or manipulate another. Of course, the entire process is unauthorized and is a compromise of the computer system’s integrity.  The…

HAHA MONEY PRINTER GO BRRRR

Haha Money Printer Go Brrrrr refers to a meme created in answer to the Federal Reserve’s plan to print money in 2020. This plan is to foster the increase in stock market liquidity, with regard…

HALVING

The term, “halving” pertains to the number of coins received by miners when they add new transactions to the blockchain that are cut in half. The process of halving diminishes 12.5 Bitcoin to 6.25. The…

HARD CAP

In the field of cryptocurrency trading, a Hard Cap refers to the maximum amount of money a cryptocurrency would be able to receive from investors through its Initial Coin Offering (ICO) Pertaining to a limited…

HARD FORK (BLOCKCHAIN)

Hard Fork pertains to a protocol classification that has the capability of validating all transactions that have been previously tagged invalid. Proportionally, it also invalidates all transactions that have been previously determined as valid.  In…

HASH

Hash pertains to both the function and the process of performing a hash function. Referring to the process, it is the act of performing a hash function on input data of a tentative size. This…

HASH FUNCTION

A Hash Function refers to any function used to map data of tentative or arbitrary size to that of a fixed size. Through the Hash Function, an address would be generated in the table should…

HASH POWER/HASH RATE

Hash Power, also called “Hash Rate”, pertains to the unit of measurement for the number of computing power that is consumed by the network to constantly operate. A computer’s Hash Power may be measured in…

I

ICEBERG ORDER

This refers to a conditional order to either buy or sell a large amount of assets. This is done through smaller, pre-determined limit orders using an automated program. What this does is hide the actual…

IMMUTABILITY

Simply put, Immutability is the state of an object of not being given the capability of being changed or modified. In the field of Computer Science, Immutable Objects pertain to objects that cannot be altered…

IMMUTABLE

Simply put, when something is immutable, it is something that cannot be changed over a period of time. But within the context of Object-Oriented and Functional Programming, an Immutable Object refers to data or a…

INDEX

Index refers to a system that measures the value of a certain product in contrast to its most recent values. It also pertains to a defined standard that may also be made a reference. Index…

INFLATION

In the study of Economics, inflation pertains to the quantitative measure of a rate in which the prices of certain goods and services within a national economy go up. In inflation, this increase in value…

INITIAL COIN OFFERING (ICO)

An Initial Coin Offering (ICO) is the cryptocurrency industry’s counterpart to an Initial Public Offering (IPO). The ICO is the crypto firm’s way of raising funds. As this is the case, an ICO is launched…

INITIAL EXCHANGE OFFERING (IEO)

An Initial Exchange Offering (IEO) pertains to a fundraising event in the context of the cryptocuurrency industry. In an IEO, a cryptocurrency exchange raises money on its own platform, in contrast to an ICO that…

INITIAL PUBLIC OFFERING (IPO)

An Initial Public Offering (IPO), also called a stock market launch, is a classification of a public offering wherein a company’s shares are sold to institutional investors or retailers. One or more banks underwrite an…

INITIAL TOKEN OFFERING (ITO)

Similar to an Initial Coin Offering (ICO), an Initial Token Offering (ITO), sometimes also called an Initial Cryptocurrency Offering, focuses on the offering of tokens with either proven or unproven, innate utility through a software…

INTERMEDIARY/MIDDDLEMAN

An Intermediary, also called a “Distribution Intermediary”, “Marketing Intermediary”, or simply, “Middleman” refers to a person or any other entity that performs the function of going between parties so as to mediate agreements or execute…

J

JOMO

The direct opposite to Fear of Missing Out (FOMO), the Joy of Missing Out or simply, JOMO, is a phrase tantamount to a modern proverb that sees traders happy for not being involved with the…

K

KECCAK

This pertains to a highly-adaptable cryptographic or hash function developed at the aim of producing tighter and heightened security for blockchains. The Keccak is a step-up from the likes of the more industry-recognized and accepted…

KYC

This refers to the acronym for the phrase, “Know Your Customer”. KYC is a protocol strictly implemented by a number of financial firms and institutions to safeguard their integrity against money launderers. The process is…

L

LAMBO

The term, “Lambo” is actually just a shorthand for the luxury car, Lamborghini.  With relation to cryptocurrencies, the Lambo is usually the foreseen reward for making lucrative transactions with crypto trading. As such, it had…

LATENCY

In the field of Computing, Latency refers to the delay in time between input and the output received. In all levels of Computing, Latency is inherent in that there is IO latency across computer systems….

LAW OF DEMAND

In the study of Economics, Demand pertains to the willingness and preparedness of consumers to purchase goods and services for a specific price. This preparedness is determined by the price and value of the goods…

LAYER 2

Layer 2 pertains to either a secondary framework or protocol or built on top of an already existing blockchain. These protocols aim at solving the transaction speed and scaling challenging that major cryptocurrency networks face. …

LEDGER

A ledger pertains to the principal book or electronic document that records and totals economic transaction. Transactions placed within the ledger are measured in monetary units of account by account type.  The ledger also details…

LEVERAGE

The term leverage pertains to an investment strategy that makes use of borrowed money, to be more specific, the use of a selection of financial instruments or capital that had been borrowed. This is done…

LIBRARY

In the field of Computer Programming, “Library” pertains to the efficiently-documented collation of stable resources. Such may include executable files, documentation, message templates, and written codes. Collections of pre-written modules also fall under this category….

LIGHTNING NETWORK

In Bitcoin, the Lightning Network pertains to the second layer of payment protocol that runs on top of a blockchain  As the name suggests, the Lightning Network works in such a way that it enables…

LIMIT ORDER/LIMIT BUY/LIMIT SELL

A Limit Order pertains to a classification of an order to either buy or sell a security at a set price. In the context of Limit Buy orders, the order will be placed only at…

LINUX

An Operating System, Linux is classified as open source and highly-customizable. It administers communication between software and hardware. This powers a great deal of operations in today’s world.  Linux is available free of charge for…

M

MAINNET

The term Mainnet refers to the phase wherein the blockchain protocol is fully developed and deployed. What this entails is that all transactions for a cryptocurency is broadcasted, verified, and duly recorded on a blockchain….

MAINNET SWAP

A Mainnet Swap refers to the switching of one blockchain to another. It is commonplace for Mainnet Swaps to occur when a cryptocurrency project migrates from a third party platform, for instance, Ethereum to its…

MAKER

The term “Maker” in the cryptocurrency trade may refer to two highly-distinct things: 1. A Participant A crypto trader may become a “maker” when he or she places an order and does not automatically trade….

MALWARE

Portmanteau for “malicious software”, Malware, pertains to any software program created and designed to breach and purposefully damage computer systems and networks.  Probably not known by many, malware actually come in different types which are…

MARGIN TRADING

To understand what Margin Trading is, the term, “Margin” needs to be understood first. Margin pertains to the amount of equity an investor possesses in their broker account. When one says “to margin” or “buy…

MARKET

Evolving through time or depending on the economic era, the term “Market” may mean either an online or offline venue wherein the exchange of goods and services happen. Commercial dealings are conducted in markets through…

MARKET CAPITALIZATION (MARKET CAP/MCAP)

Pertaining to the total capitalization of a cryptocurrency’s price, Market Capitalization is one of the ways that the relative size of a cryptocurrency could be determined.  In general, prior to the booming of the cryptocurrency…

MARKET MOMENTUM

The concept of Market Momentum pertains to the capability of a certain market to maintain a steady increase or decrease in price within a specific duration of time. Market Momentum is what produces a market…

MARKET ORDER/MARKET BUY/ MARKET SELL

Market Order pertains to the purchase or the sale of a digital currency within an exchange at its present, most viable value. Also called “Market Buy” or “Market Sell”, Market Order is basically an instruction…

N

NETWORK

In Computing lingo, a Network refers to two or more computers linked purposefully with each other to share resources, may these be software or hardware. This may be done through cables, phone lines, radio waves,…

NO-COINER (NOCOINER)

In cryptocurrency trading lingo, when one is branded a nocoiner, he or she does not possess any crypto or is bereft of cryptocurrencies in his or her investment portfolio. This individual believes that the cryptocurrency…

NODE

In the field of Computer Science, a node pertains to the basic unit of a data structure. Nodes contain data and are linked to other nodes. Such connections are usually done through what are called,…

NON-CUSTODIAL

Pertaining to the storage of keys, “Non-custodial” is an umbrella term in the cryptocurrency trade that finds expression in different wallets. Also known as Light Wallets, these allow users to control their funds fully, imbuing…

NON-FUNGIBLE TOKEN

The Non-Fungible Token (NFT) is a cryptographic token that stands for an asset seen as unique. Rendering assets as NFTs is the tokenization of such that allows for the assets to act as verifiable proofs…

NONCE

An abbreviation for “number only used once”, Nonce refers to a number that is added to either a hashed or encrypted block in a blockchain that, upon rehashing, would meet the difficulty level restrictions. Nonce…

O

OFF-CHAIN

In general, the term “off-chain” pertains to transactions that happen outside a blockchain network. Transactions of such nature work through the swapping of private keys to an existing wallet instead of transferring funds. This could…

OFF-LEDGER CURRENCY

First and foremost, it must be understood that the term, “Off-Ledger Currency” pertains to all currencies. In general, this is a currency that can be used but was not created for a digital wallet. With…

OFFLINE STORAGE

Simply put, Offline Storage refers to devices or systems where cryptocurreny tokens can be kept that are not connected to the internet.   This system is seen by a number of crypto traders to be safe…

OFFSHORE ACCOUNT

An offshore account pertains to an account registered in a jurisdiction different to the jurisdiction of the owner’s citizenship. Simply put, it is a foreign account that the individual or company maintains that come with…

ON-LEDGER CURRENCY

A direct contrast to On-Ledger Currencies, On-Ledger Currencies term refers to cryptocurrency created on the relevant blockchain. Bitcoin is the best example of an On-Ledger Currency. It must be noted however that all cryptocurrencies distributed…

ONE CANCELS THE OTHER ORDER (OCO)

When there are two orders for cryptocurrency placed at the same time, wherein one is accepted and the other cancelled, this is what is called, One Cancels the Other Order or simply OCO. The pair…

ONLINE STORAGE

In cryptocurrency trading, this simply pertains to the act of keeping cryptocurrencies in devices that are directly connected to the internet.  Of late, the industry has seen the development of decentralized cloud storage. One of…

OPEN/CLOSE

The terms, “Open” and “Close” pertains to the price at which a cryptocurrency opens within a specific time period. Open refers to the price of a crypto at the beginning of the day, while Close…

P

PAIR

A Pair in trading currencies, regardless if it is digital or actual currency, pertains to the trade of one currency to another. If we are talking about national currencies, then we are referring to Foreign…

PAPER WALLET

A Paper wallet refers to an offline mechanism to store Bitcoins. As already made obvious, unlike fiat currencies, Bitcoins (or any other cryptocurrency for that matter) do not have any physical representation. As this is…

PASSIVE MANAGEMENT

More commonly-known as Indexing, Passive Management refers to an investing strategy that does not necessarily rely on active exposure. What it does however is replicate a market index. A good example would be the S&P…

PEER-TO-PEER

Peer-to-Peer or simply, P2P refer to decentralized exchanges which are exclusively operated and maintained through software. The P2P exchange allow for the direct trading of all market participants directly with each other. The system does…

PEGGED CURRENCY

Also known as “Currency Peg”, “Pegged Currency” refers to a currency where the price is programmed to stay the same as the asset that has been designated. It is a policy that the national government…

PERMISSIONED LEDGER

A Permissioned Ledger pertains to a ledger where the actors are required permission to access the ledger in question. Once a new record is added, the integrity of the ledger is checked through a limited…

PHISHING

The act of Phishing pertains to the attempt of a scammer to pretend that it is a trusted institution or individual so as to lure people into disclosing sensitive information about them such as Social…

Q

QR CODE

An abbreviation for “Quick Response Code” the QR Code refers to a label that can be read by a machine. This type of matrix barcode shows information that is encoded into a graphical black-and-white pattern. …

QUANTUM COMPUTING

Quantum Computing is an area in the field of Computing that delves in developing computer technology anchored in the principles of Quantum Theory. This explains the behaviour of energy and material within atomic and subatomic…

R

RACE ATTACK

Race Attack, as the words strongly suggest, pertain to two transactions being created with the same funds and at the same time. The intention behind this creation is the allowance of spending those funds twice. …

RAIDEN NETWORK

The Raiden Network refers to an off-chain scaling solution that aims at fostering payment schemes that are near-instant, cheap, and highly-scalable within the context of the Ethereum blockchain. By comparison, it is not unlike Bitcoin’s…

RANK

Within the context of cryptocurrency trading, Rank refers to the relative position of a digital token by market capitalization. This of course depends on the coin’s price. But largely, sites and companies rank cryptocurrencies in…

RANSOMWARE

A classification of a malware, a Ransomware’s primary goal is to convince victims to pay for a decryption ransom so as to recover their files that had been compromised. Payments are usually required through digital…

REKT

The term, “rekt” is a slang form of the word, “wrecked”, which means, “utterly destroyed”, ”soundly or completely defeated”, “wasted”, or “dominated”.  The word rekt is at times used within the context of multiplayer gaming….

REPLICATED LEDGER

Distributed across all participants in the global network of cryptocurrencies, a Replicated Ledger pertains to a copy of the distributed ledger. Such is beneficial to all participants in the cryptocurrency network and helps the cause…

REVERSE INDICATOR

In the cryptocurrency trading community, traders use the term, “Reverse Indicator” to refer to a trader who is simply perpetually wrong in making cryptocurrency price movement predictions. Given the nature of this trader, the Reverse…

RING SIGNATURE

The Ring Signature pertains to the method of increasing privacy through the fuse of inputs of a number of multiple signers with that of the original ender so as to authorize a transaction.  Produced by…

S

SATOSHI (SATS)

Satoshi (SATS) refers to the smallest unit of Bitcoin. While the identity of the brainchild to Bitcoin, Satoshi Nakamoto, has yet to be revealed, the people behind the production and distribution of the coin named…

SATOSHI NAKAMOTO

In 2008, a whitepaper entitled, “Bitcoin: A Peer-to-Peer Electronic Cash System”, had been published by one Satoshi Nakamoto. The real identity of this individual had not been made public. Some even speculate that he is…

SCAM

A Scam, in the context of cryptocurrency trading, pertains to a fraudulent or deceptive digital coin or Initial Coin Offering.  It is easy to be scammed by entities in crypto trading industry. The first step…

SCRYPT

In the field of cryptography, a Scrypt pertains to an alternative proof-of-work (PoW) algorithm to the usual SHA-256 that is used for Bitcoin mining. What it is basically is a password-based key derivation function created…

SECOND-LAYER SOLUTION

Quite literally, the term, Second Layer Solution, pertains to a set of solutions built on top of a public blockchain. The reason behind for the creation of this solution is imbue the relevant blockchain with…

SECURITIES AND EXCHANGE COMMISSION (SEC)

The Securities and Exchange Commission or SEC, refers to an independent agency of the United States Federal Government. This agency is responsible for upholding and enforcing the Federal Securities laws and is in charge of…

T

TANGLE

The “Tangle” refers to a blockchain alternative developed by IOTA, the open-source distributed ledger and cryptocurrency. Tangle is a name for IOTAs Directed Acyclic Graphs (DAG) transaction settlement and data integrity layer. The Tangle is…

TECHNICAL ANALYSIS / TREND ANALYSIS (TA)

Technical Analysis pertains to an evaluation method that employs statistical analyses of market activity, including price and volume. What TA aims to do is predict price movements through examination of historical data, specifically price and…

TESTNET

Testnet refers to an alternative blockchain used by developers for testing. Testnet tokens are distinguished from actual bitcoins in that these are never supposed to have actual value. This is beneficial to application developers or…

THINK LONG TERM (TLT)

Simply, the concept, Think Long Term or TLT, is a mindset wherein the trader fosters a longer—term investment horizon that lasts for months to even years. This mindset, given its orientation, is an intentional consideration…

U

UNCONFIRMED

While the term “unconfirmed” is generic across all things that have yet to be affirmed by either one’s active agency of initiating or doing, this term is used in cryptocurrency trading to pertain to a…

UNIT OF ACCOUNT

The Unit of Account pertains to a property of money. To be specific, it is a measurement for value. This may be related to fiat currency, cryptocurrencies, or any other financial instrument that allows for…

UNPERMISSIONED LEDGER

In direct contrast to a Permissioned Ledger, an Unpermissioned Ledger is a ledger that just about anyone can simply download. Any participant can submit messages for processes and even be involved in processes of authentication,…

UNSPENT TRANSACTION OUTPUT

In the field of cryptocurrency trading, an Unspent Transaction Output (UTXO) pertains to the abstraction of electronic money. What each UTXO represents is a chain of ownership that is released and enacted as a chain…

USER INTERFACE (UI)

In the field of Industrial Design of human-computer interaction, a User Interface or simply, UI, pertains to where all the interactions between human and machine takes place. The UI makes it possible for a user…

UTC TIME

UTC or the Coordinated Universal Time refers to the primary time which the world regulates all clocks around. Precise Atomic Clocks combined with planet Earth’s rotation makes use of the UTC as a time-telling standard. …

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VALIDATOR

Validators are participants on the network that run nodes. Duly called Validator Nodes, these both propose and attest blocks within a Proof of Stake blockchain. This is done by staking crypto on the network and…

VANITY ADDRESS

Possessing custom letters and numbers, the Vanity Address pertains to the cryptocurrency public address usually picked by its owner. This can be shared by its owner should they desire to be sent funds. This type…

VAPORWARE

In the field of Computer Technology “vaporware” or “vapourware”, pertains to the computer hardware of software made public, but is never really manufactured, made available for purchase, or even officially cancelled. The term had since…

VENTURE CAPITAL

Venture Capital refers to a form of private equity and financing that small companies and small businesses are provided with by investors. These are believed to have long-term growth potential. Venture Capital actually comes from…

VERIFICATION CODE

The Verification Code pertains to a code that is sent to a second device so as to secure the user’s data through the verification of his or her identity. The sending of a Verification Code…

VIRTUAL MACHINE

A Virtual Machine pertains to an emulated computer system, or distributed systems designed to copy or replicate all the features of the original computer’s architecture. The Virtual Machine includes a virtual CPU, memory, and storage….

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WALLET, CRYPTOCURRENCY

A Cryptocurrency Wallet is a device that may be a physical medium or a program or a service that stores public or private keys. It can also store and receive digital coins. Apart from this,…

WASH TRADE

This pertains to a form of market manipulation wherein investors produce artificial activity in the market place through the simultaneous buy and sell of cryptocurrencies. There are instances wherein Wash Trades are administered through the…

WATCHLIST, CRYPTOCURRENCY

A “Cryptocurency Watchlist” or simply, a “Watchlist” is a website feature in cryptocurrency exchanges. In this site facet, users are given the ability to create their own list of digital tokens that they would want…

WEAK HANDS

While it sounds highly derogatory, the term, “Weak Hand” had come to be accepted by the trading industry to pertain to traders and investors who are easily swayed into selling at the first sign of…

WEAK SUBJECTIVITY

The term, “weak subjectivity” pertains to a concept that describes a requirement found on Proof of Stake (PoS) blockchains. In this context, nodes rely on each other in order to determine the present state of…

WEB 1.0

Web 1.0 refers to the initial version of the web. This preliminary state featured data that were read-only pages connected with hyperlinks. As such, it was known as “read-only” web. What this means is that…

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YTD

YTD is an abbreviation for “Year to Date”. This pertains to the period of time that had begun the first day of the current year or the fiscal year up to the current date.  The…

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ZERO CONFIRMATION TRANSACTION

An alternative name or phrase, this simply refers to an “Unconfirmed” transaction. It is an exchange yet to be recorded and verified on the blockchain. In this context, the seller immediately assumes he had received…

ZERO KNOWLEDGE PROOF

A method in cryptography, Zero-knowledge proof allows one party, called “prover”, to attest another party, “the verifier” that they know the value of “x”. What this means is that the prover can provide evidence that…

ZK-SNARKS

Zk-SNARKs is an abbreviation for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge. Considered to be a novel form of Zero-Knowledge cryptography, Zk-SNARKs is proof construction that a participant can verify information; it is synonymous to a…