Discover the world of cryptocurrency with this comprehensive glossary of terms related to blockchain, Bitcoin, altcoins, and more.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z / NUMBERS
A
Altcoin – Any cryptocurrency that is not Bitcoin.
ASIC – Application-Specific Integrated Circuit. A type of hardware designed specifically for mining cryptocurrencies.
Atomic Swap – A peer-to-peer exchange of cryptocurrencies without the need for a centralized exchange.
ATH – All-Time High. The highest price a cryptocurrency has ever reached.
API – Application Programming Interface. A set of protocols that allows different software applications to communicate with each other.
Address – A string of characters that represents a unique identifier for a cryptocurrency wallet.
Airdrop – A distribution of free tokens or coins to cryptocurrency wallet addresses.
Algorithm – A set of rules or procedures used by a computer to perform a specific task, such as mining cryptocurrency.
Arbitrage – The practice of buying and selling cryptocurrency on different exchanges to take advantage of price differences.
Anonymous – The state of not being identified or linked to a specific individual or entity in a transaction.
B
Blockchain – A decentralized digital ledger that records transactions across a network of computers.
Bitcoin – The first and most well-known cryptocurrency, created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto.
BTC – An abbreviation for Bitcoin.
Bagholder – An investor who holds a cryptocurrency that has decreased in value, hoping that it will increase again in the future.
Bull Market – A market condition in which the prices of cryptocurrencies are rising, and investor confidence is high.
Bear Market – A market condition in which the prices of cryptocurrencies are falling, and investor confidence is low.
Block Reward – The amount of cryptocurrency that a miner receives for successfully adding a new block to the blockchain.
Byzantine Fault Tolerance – A measure of a blockchain’s ability to resist attacks from malicious nodes.
Binance – One of the largest cryptocurrency exchanges in the world, based in Malta.
Blockchain Explorer – A tool that allows users to explore and search the blockchain for transactions, blocks, and other information.
C
Cryptocurrency – A digital or virtual currency that uses cryptography for security and operates independently of a central bank.
Coinbase – A popular cryptocurrency exchange that allows users to buy, sell, and store cryptocurrencies.
Cold Storage – A method of storing cryptocurrencies offline in a secure hardware wallet or other physical medium, as opposed to an online exchange or wallet.
Confirmation – The process by which a transaction is verified by the nodes on a blockchain network.
Consensus – A mechanism by which nodes on a blockchain network come to an agreement about the state of the blockchain.
Crypto Mining – The process of using computer hardware to validate transactions on a blockchain network and earn cryptocurrency rewards.
Crypto Wallet – A software program or hardware device that stores the private keys needed to access and manage cryptocurrencies.
Crypto Exchange – A platform that allows users to buy, sell, and trade cryptocurrencies with other users.
Centralized – A system in which a single entity or group controls the operation and management of a network or service.
Crowdsale – A fundraising method in which a company or project raises funds by selling cryptocurrency tokens to investors.
D
Decentralization – The distribution of power and control away from a central authority or entity, such as a government or bank.
Distributed Ledger – A database that is spread across a network of computers and is maintained by multiple nodes, allowing for a decentralized and secure record of transactions.
Double Spending – The act of spending the same cryptocurrency more than once, which is prevented by the consensus mechanism of blockchain technology.
DAO – Decentralized Autonomous Organization. An organization that operates through rules encoded as computer programs on a blockchain, with decisions made by the members through consensus.
DApp – Decentralized Application. An application that runs on a blockchain network and uses its decentralized features to provide a secure and transparent service.
DAG – Directed Acyclic Graph. A type of data structure used by some blockchain networks, such as IOTA, to allow for high scalability and fast transactions.
Dark Web – A part of the internet that is not indexed by search engines and is often used for illicit activities, including the buying and selling of cryptocurrencies.
Deflationary – A monetary policy in which the supply of a cryptocurrency is limited or decreases over time, leading to an increase in its value.
Difficulty – A measure of how hard it is to mine a block on a blockchain network, which adjusts based on the amount of computing power in the network.
Digital Signature – A cryptographic technique used to verify the authenticity and integrity of a message, transaction, or other digital data.
E
ERC-20 – A technical standard used for smart contracts on the Ethereum blockchain.
Ethereum – A decentralized, open-source blockchain that enables the creation of smart contracts and decentralized applications.
Exchange – A platform where cryptocurrencies can be bought, sold, or traded with other cryptocurrencies or fiat currency.
Escrow – A financial arrangement in which a third party holds and regulates payment of the funds required for two parties involved in a given transaction.
Explorer – A tool that allows users to view and analyze blockchain transactions, blocks, and other data.
EVM – Ethereum Virtual Machine. A runtime environment that executes smart contracts on the Ethereum blockchain.
Encryption – The process of encoding information in a way that only authorized parties can access it.
Exit Scam – A type of fraud in which the operators of a cryptocurrency project disappear with investors’ funds.
Electrum – A popular software wallet for storing and managing Bitcoin and other cryptocurrencies.
EOS – A blockchain platform designed for the development and execution of decentralized applications.
F
FOMO – Fear Of Missing Out. A phenomenon in which investors buy or hold cryptocurrencies out of a fear of missing out on potential gains.
Fiat Currency – A government-issued currency that is not backed by a physical commodity, such as gold or silver.
Fork – A software upgrade that creates a new, separate blockchain network that is incompatible with the old network.
Full Node – A node on a blockchain network that maintains a complete copy of the blockchain and participates in transaction verification.
FUD – Fear, Uncertainty, and Doubt. A tactic used to spread negative or false information about a cryptocurrency or project.
Futures – Financial contracts that allow investors to buy or sell an asset at a predetermined price at a future date.
Fee – The amount charged for a transaction on a blockchain network, typically paid in cryptocurrency.
Flash Crash – A sudden and significant drop in the price of a cryptocurrency.
Faucet – A website or app that gives away small amounts of cryptocurrency as a reward for completing tasks or viewing ads.
Filecoin – A decentralized storage network designed to allow users to store, share, and retrieve data in a secure and efficient manner.
G
GPU – Graphics Processing Unit. A type of processor used for rendering graphics in video games, but also used for mining cryptocurrencies.
Genesis Block – The first block in a blockchain network, which is typically hard-coded into the software.
Gas – The unit of account for transactions and smart contracts on the Ethereum network.
Governance – The system of rules, policies, and processes by which a blockchain network is managed and maintained.
Green Address – A type of digital wallet that uses two-factor authentication and other security measures to protect users’ funds.
Gwei – A denomination of ether used on the Ethereum network.
Gyft – A mobile app that allows users to buy, send, and manage gift cards using cryptocurrency.
Grayscale – A digital asset management firm that offers investment products for Bitcoin and other cryptocurrencies.
Gnosis – A decentralized prediction market platform built on the Ethereum blockchain.
Gas Limit – The maximum amount of gas that can be used in a transaction or smart contract on the Ethereum network.
H
Halving – A reduction in the block reward for mining a cryptocurrency, which typically occurs at predetermined intervals.
Hash – A function that converts an input of any size into a fixed-size output, used for verifying transactions on a blockchain network.
HODL – A term used to describe holding onto a cryptocurrency rather than selling it, often associated with a long-term investment strategy.
Hard Fork – A type of fork that creates a new blockchain network that is incompatible with the old network.
Hot Wallet – A digital wallet that is connected to the internet, making it easier to access and use, but also more vulnerable to hacking.
Hash Rate – The speed at which a miner can solve a mathematical problem on a blockchain network.
Hyperledger – A blockchain platform designed for enterprise use, with a focus on security, privacy, and scalability.
Hybrid Blockchain – A type of blockchain that combines elements of both public and private blockchains.
HydraChain – A blockchain platform built on the Ethereum network that allows for the creation of private, permissioned blockchains.
Huobi – One of the largest cryptocurrency exchanges, based in China.
I
ICO – Initial Coin Offering. A type of crowdfunding campaign in which a new cryptocurrency is sold to investors in exchange for other cryptocurrencies or fiat currency.
Immutable – A property of blockchain technology in which once a transaction is recorded on the blockchain, it cannot be changed.
Interoperability – The ability of different blockchain networks to communicate with each other and exchange information.
Inflation – An increase in the supply of a cryptocurrency, which can lead to a decrease in its value.
Investment Fund – A type of financial product that allows investors to pool their money together and invest in a portfolio of cryptocurrencies.
Instant Exchange – A service that allows users to quickly and easily exchange one cryptocurrency for another without having to go through a traditional exchange.
IPFS – InterPlanetary File System. A protocol and network designed for storing and sharing files in a decentralized manner.
IOTA – A cryptocurrency and blockchain platform designed for the internet of things (IoT) ecosystem.
Immutable Ledger – A type of blockchain in which once a transaction is recorded, it cannot be altered or deleted.
Initial Mining Reward – The amount of cryptocurrency that is given to miners for each block that they add to the blockchain network.
J
Jaxx – A multi-cryptocurrency wallet that supports over 80 different cryptocurrencies.
JPM Coin – A digital currency developed by JP Morgan Chase for use in its internal payment systems.
JOMO – Joy Of Missing Out. A term used to describe the feeling of contentment when not participating in speculative investments, such as cryptocurrencies.
JPMorgan – One of the largest financial institutions in the world, with a growing interest in cryptocurrency and blockchain technology.
Juggernaut – A decentralized, censorship-resistant messaging platform built on the Ethereum blockchain.
J-Coin – A digital currency being developed by a consortium of Japanese banks.
Jinn – A cryptocurrency project that aims to develop a decentralized cloud computing platform.
Jura – A decentralized platform for creating and executing smart contracts.
Jetcoin – A cryptocurrency project that aims to create a platform for rewarding sports fans and athletes.
JoyToken – A cryptocurrency project that aims to create a platform for online gambling and gaming.
K
KYC – Know Your Customer. The process of verifying the identity of customers to comply with anti-money laundering regulations.
Keylogger – A type of malware that records keystrokes on a computer, allowing hackers to steal passwords and other sensitive information.
KMD – Komodo. A blockchain platform that allows for the creation of customized, independent blockchains.
Kraken – A cryptocurrency exchange that offers trading in multiple cryptocurrencies and fiat currency.
Krypton – A cryptocurrency project that aims to create a more secure and transparent online voting system using blockchain technology.
KuCoin – A cryptocurrency exchange that offers trading in multiple cryptocurrencies and fiat currency.
Kusama – A blockchain platform that allows for the creation of new blockchain projects and experimentation with new features and technologies.
KYT – Know Your Transaction. The process of verifying the legitimacy of a cryptocurrency transaction to comply with anti-money laundering regulations.
Keep Network – A project that aims to create a decentralized storage network for private data using blockchain technology.
Kadena – A blockchain platform that uses a hybrid consensus mechanism to provide high performance and scalability.
L
Ledger – A hardware wallet used for storing cryptocurrencies offline, providing an extra layer of security.
Lightning Network – A second-layer solution built on top of a blockchain that allows for faster and cheaper transactions.
Liquidity – The ability to buy or sell a cryptocurrency without significantly impacting its price.
Litecoin – A cryptocurrency that was created as a faster and more lightweight alternative to Bitcoin.
Long Position – A type of investment strategy in which an investor buys a cryptocurrency with the expectation that its value will increase over time.
Layer 2 – A second layer solution built on top of a blockchain network to improve its performance, scalability, and functionality.
Libra – A cryptocurrency project developed by Facebook, aiming to create a global payment system.
Locktime – A feature of Bitcoin transactions that allows the sender to delay the release of funds until a specified time in the future.
Lisk – A blockchain platform that allows for the creation of decentralized applications using JavaScript.
Liquid – A cryptocurrency exchange and trading platform that offers trading in multiple cryptocurrencies and fiat currency.
M
Mining – The process of adding new transactions to a blockchain network and creating new units of a cryptocurrency as a reward for solving complex mathematical problems.
Market Capitalization – The total value of a cryptocurrency, calculated by multiplying its price by the number of units in circulation.
Masternode – A type of full node in a blockchain network that performs additional functions and helps to maintain the network.
Metamask – A browser extension that allows users to interact with blockchain networks and decentralized applications.
Merkle Tree – A data structure used in blockchain technology to verify the integrity of a transaction.
Moon – A term used to describe a significant increase in the value of a cryptocurrency.
Mimblewimble – A privacy-focused protocol used in some cryptocurrencies to obscure transaction details.
MakerDAO – A decentralized platform that allows users to borrow and lend cryptocurrencies using smart contracts.
MyEtherWallet – A free, open-source, client-side interface used for interacting with the Ethereum blockchain.
Multi-Signature – A security feature that requires multiple signatures to authorize a transaction, reducing the risk of fraud.
N
Node – A computer or device connected to a blockchain network that helps to validate transactions and maintain the network.
NEO – A blockchain platform designed for building decentralized applications and smart contracts.
Non-Fungible Token (NFT) – A type of cryptocurrency token that represents a unique asset, such as a piece of art or a collectible.
Nakamoto Consensus – The consensus mechanism used in the Bitcoin blockchain, in which a majority of miners must agree on the validity of a transaction.
Namecoin – A cryptocurrency that allows for the registration of domain names on a blockchain.
Nexus – A blockchain platform that aims to provide a more secure and decentralized internet.
NEM – A blockchain platform designed for building decentralized applications and smart contracts.
NuBits – A stablecoin cryptocurrency that is designed to maintain a stable value relative to a fiat currency.
Nomics – A cryptocurrency data provider that offers real-time and historical market data, as well as other tools for analyzing and tracking cryptocurrencies.
Nexo – A cryptocurrency lending platform that allows users to borrow and lend cryptocurrencies.
O
Oracle – A third-party service that provides external data to a smart contract on a blockchain.
OTC – Over-the-counter trading, a type of trading in which buyers and sellers trade directly with each other without using a centralized exchange.
Omni – A platform built on top of the Bitcoin blockchain that allows for the creation of new tokens and assets.
Orphan Block – A block that is rejected by the network because it does not meet the consensus rules.
Ontology – A blockchain platform designed for building decentralized identity and data exchange solutions.
Open Source – Software that is developed and distributed freely, allowing users to view, modify, and distribute the source code.
Order Book – A list of buy and sell orders for a particular cryptocurrency on an exchange.
OriginTrail – A blockchain-based supply chain solution that aims to increase transparency and efficiency in supply chain management.
OmiseGO – A blockchain platform designed for building decentralized payment systems and financial applications.
Orchid – A decentralized VPN (virtual private network) that allows users to browse the internet securely and anonymously.
P
Private Key – A secret code that is used to access and manage a cryptocurrency wallet.
Proof-of-Work (PoW) – A consensus mechanism used in many blockchain networks that requires miners to solve complex mathematical problems to validate transactions.
Proof-of-Stake (PoS) – A consensus mechanism used in some blockchain networks that requires validators to hold a certain amount of cryptocurrency as collateral to validate transactions.
Peer-to-Peer (P2P) – A network in which participants can interact directly with each other without the need for a central authority.
Pundi X – A blockchain-based point-of-sale system that allows merchants to accept cryptocurrencies as payment.
Plasma – A second-layer scaling solution built on top of the Ethereum blockchain to increase its transaction throughput.
Polkadot – A blockchain platform that allows for the interoperability of multiple blockchain networks.
Public Key – A code used to receive cryptocurrency payments, derived from a private key.
Paxos Standard – A stablecoin cryptocurrency that is pegged to the US dollar.
PancakeSwap – A decentralized exchange built on top of the Binance Smart Chain.
Q
QR Code – A two-dimensional barcode that can be scanned to transfer cryptocurrency payments.
Quorum – A blockchain platform designed for building private, permissioned blockchain networks.
Qtum – A blockchain platform that combines elements of the Bitcoin and Ethereum blockchains.
QuickSwap – A decentralized exchange built on top of the Polygon (formerly Matic) blockchain.
Quantum Computing – A new type of computing technology that has the potential to break the cryptographic security of many blockchain networks.
QuarkChain – A blockchain platform designed for high-performance and scalable decentralized applications.
QASH – A cryptocurrency that is used as a payment token on the Quoine Liquid exchange.
Qubes OS – A privacy-focused operating system that can be used to securely store cryptocurrency wallets.
QLC Chain – A blockchain platform designed for building decentralized communication networks.
QuiverX – A blockchain platform designed for building decentralized finance (DeFi) solutions.
R
Ripple – A blockchain platform designed for fast and cheap cross-border payments.
Raiden Network – A second-layer scaling solution built on top of the Ethereum blockchain to increase its transaction throughput.
Roadmap – A plan outlining the future development
RSK – A sidechain of the Bitcoin blockchain that allows for the execution of smart contracts.
Reward – In cryptocurrency mining, the compensation given to miners for solving blocks and validating transactions.
Reddcoin – A blockchain platform designed for social media tipping and micropayments.
Ren – A blockchain platform designed for interoperability between different blockchain networks.
Rootstock – A smart contract platform that is compatible with the Bitcoin blockchain.
Rarible – A decentralized marketplace for buying and selling non-fungible tokens (NFTs).
Reserve Rights – A stablecoin cryptocurrency that is pegged to a basket of other cryptocurrencies and assets.
S
Satoshi – The smallest unit of a bitcoin, named after the pseudonymous creator of bitcoin, Satoshi Nakamoto.
Smart Contract – A self-executing contract that automatically enforces the terms of an agreement on a blockchain.
Solidity – A programming language used to write smart contracts on the Ethereum blockchain.
Sharding – A scaling solution that splits the blockchain network into smaller parts to increase its transaction throughput.
Staking – The process of holding cryptocurrency as collateral to validate transactions on a proof-of-stake blockchain network.
Satoshi Nakamoto – The pseudonymous creator(s) of the bitcoin cryptocurrency and author(s) of the original bitcoin white paper.
Sybil Attack – An attack on a blockchain network in which an attacker creates multiple fake identities to control a large portion of the network.
Stablecoin – A cryptocurrency that is pegged to the value of a fiat currency or commodity to reduce price volatility.
SushiSwap – A decentralized exchange built on top of the Ethereum blockchain.
Solana – A high-performance blockchain platform designed for building decentralized applications.
T
Token – A unit of value created and managed on a blockchain network.
Tether – A stablecoin cryptocurrency that is pegged to the US dollar.
Trust Wallet – A mobile wallet for storing and managing cryptocurrencies.
Transaction – The transfer of cryptocurrency from one wallet to another on a blockchain network.
Tangle – A data structure used in the IOTA blockchain network for fast and feeless transactions.
Tezos – A blockchain platform that allows for the on-chain governance of the network.
Trading Volume – The total amount of cryptocurrency traded on an exchange over a certain period of time.
TrueUSD – A stablecoin cryptocurrency that is pegged to the US dollar.
Theta Network – A blockchain platform designed for decentralized video streaming and content delivery.
Tron – A blockchain platform designed for building decentralized entertainment applications.
U
Unspent Transaction Output (UTXO) – An unspent output of a transaction on a blockchain network.
Uniswap – A decentralized exchange built on top of the Ethereum blockchain.
USD Coin (USDC) – A stablecoin cryptocurrency that is pegged to the US dollar.
User Interface (UI) – The graphical interface used to interact with a cryptocurrency wallet or exchange.
Ubiq – A blockchain platform designed for building decentralized applications.
UTXO Set – The set of all unspent transaction outputs on a blockchain network.
Unstoppable Domains – A blockchain-based domain name system that allows users to create censorship-resistant websites.
Upbit – A cryptocurrency exchange based in South Korea.
Ultra – A blockchain platform designed for building decentralized gaming and entertainment applications.
UMA – A blockchain platform designed for building synthetic assets and decentralized financial contracts.
V
VeChain – A blockchain platform designed for supply chain management and tracking.
Vitalik Buterin – The co-founder of the Ethereum blockchain and a prominent figure in the cryptocurrency space.
Volatility – The degree of price fluctuations in a cryptocurrency over a certain period of time.
Virtual Currency – A type of digital currency that is not backed by any physical commodity or government.
Vault – A secure storage facility for cryptocurrency, often used by exchanges or custodial services.
Voyager – A cryptocurrency trading platform that allows users to buy and sell various cryptocurrencies.
Vanity Address – A custom cryptocurrency address that contains a recognizable word or phrase.
Viper – A programming language used to write smart contracts on the Ethereum blockchain.
Verge – A privacy-focused cryptocurrency that aims to offer secure and anonymous transactions.
W
Wallet – A digital tool used to store, send, and receive cryptocurrency.
Wrapped Bitcoin (WBTC) – A tokenized version of bitcoin that is compatible with the Ethereum blockchain.
Web3 – A term used to describe the next generation of the internet, which is built on blockchain technology.
Waves – A blockchain platform designed for creating and trading custom digital assets.
Whitepaper – A document that outlines the technical specifications and features of a cryptocurrency or blockchain project.
Wyre – A cryptocurrency payment gateway and infrastructure provider.
Whale – A term used to describe an individual or organization that holds a large amount of cryptocurrency.
Wrapped Ether (WETH) – A tokenized version of ether that is compatible with the Ethereum blockchain.
WazirX – A cryptocurrency exchange based in India.
Wrapped NEXO (WNEXO) – A tokenized version of NEXO, the native token of the NEXO cryptocurrency lending platform.
X
XRP – A cryptocurrency created by Ripple that is used for cross-border payments and remittances.
XLM – A cryptocurrency created by the Stellar blockchain that is used for cross-border payments and remittances.
XMR – A privacy-focused cryptocurrency that uses advanced cryptography to hide transaction details.
XYO Network – A blockchain platform designed for location-based services and data verification.
XDC Network – A blockchain platform designed for enterprise use cases and decentralized applications.
XBT – A symbol used to represent bitcoin on some cryptocurrency exchanges.
Xend Finance – A decentralized finance platform that offers high-yield savings accounts and other financial services.
Xar Network – A blockchain platform designed for building decentralized finance applications.
XVG – An open-source privacy-focused cryptocurrency that aims to offer fast and secure transactions.
XinFin – A blockchain platform designed for global trade and finance.
Y
Yield Farming – A process in decentralized finance where users can earn rewards for providing liquidity to a liquidity pool.
YFI – The native token of the Yearn.finance decentralized finance platform.
Yield Protocol – A decentralized finance platform that offers fixed-rate lending and borrowing services.
Yearn.finance – A decentralized finance platform that offers a suite of yield-generating products and services.
YAM Finance – A decentralized finance platform that offers yield farming and liquidity provision services.
YOP – A decentralized finance platform that offers yield optimization and aggregation services.
Yieldly – A decentralized finance platform that offers yield farming and staking services.
YUSRA Global – A blockchain platform designed for the halal economy and Islamic finance.
Yggdrasil – A decentralized finance platform that offers liquidity aggregation and yield farming services.
Yield.app – A decentralized finance platform that offers yield farming and staking services.
Z
Zcash – A privacy-focused cryptocurrency that uses advanced cryptography to hide transaction details.
Zero-knowledge Proof – A method of proving the validity of a statement without revealing any additional information.
ZenGo – A mobile cryptocurrency wallet that uses biometric authentication and multi-party computation for security.
Zilliqa – A high-throughput blockchain platform that uses sharding to achieve scalability.
Zcoin – A privacy-focused cryptocurrency that uses zero-knowledge proofs and other advanced cryptography.
Zerion – A decentralized finance portfolio management platform.
Zipmex – A cryptocurrency exchange that offers trading in a variety of cryptocurrencies.
ZKSwap – A decentralized exchange that uses zero-knowledge proofs for privacy and scalability.
Zabo – A cryptocurrency API platform that allows developers to build applications that interact with multiple blockchains.
Numbers
0-confirmation Transaction – A type of transaction in which a merchant accepts a payment before it has been confirmed by the blockchain network.
1 Confirmation – The state in which a transaction has been included in the blockchain and is considered final.
2-of-3 Multisig – A type of multi-signature wallet in which at least two out of three private keys are required to authorize a transaction.
21 Million Club – A group of Bitcoin holders who own at least 1 BTC, which is the maximum supply of Bitcoin that will ever exist.
21e8 – A mysterious message that was included in the block hash of the 4,000,000th Bitcoin block, which has led to various speculations and theories.
33% Attack – An attack on a Proof-of-Stake blockchain network where a single entity gains control of one-third of the network’s total stake.
42Coin – A cryptocurrency that was designed to have a total supply of only 42 coins, making it one of the rarest and most expensive cryptocurrencies in the world.
4Chan – An anonymous online message board that has been known to influence cryptocurrency markets through memes and other viral content.
51% Attack – An attack on a blockchain network where a single entity gains control of the majority of the computing power and can manipulate transactions.
51Crypto – A cryptocurrency news and analysis website that covers the latest trends and developments in the crypto industry.
5G – The fifth generation of mobile network technology, which is expected to improve the speed and reliability of blockchain and cryptocurrency transactions.
6 Confirmations – The number of times a transaction needs to be confirmed by the blockchain network before it is considered secure and irreversible.
8 Decimal Places – The smallest unit of a cryptocurrency, which can be divided into eight decimal places.
10,000 BTC Pizza – The first real-world transaction in which Bitcoin was used to purchase a tangible item, a pizza, for 10,000 BTC.
10x – A term used to describe a cryptocurrency or investment that has gained 10 times its original value.
24 Hour Volume – The total amount of cryptocurrency traded on an exchange over a 24-hour period.
2FA (Two-Factor Authentication) – A security feature that requires two forms of authentication, such as a password and a code sent to a mobile device, to access an account.
3Commas – A cryptocurrency trading platform that offers trading bots and other automated trading tools.
3Commas Trading Bots – Automated trading bots that can be used on various cryptocurrency exchanges to buy and sell cryptocurrencies based on preset conditions.
3rd Generation Blockchain – A type of blockchain technology that aims to improve scalability and interoperability compared to earlier versions.