Cryptionary

114 crypto terms to know

..b..

Bagholder

trading

An investor holding onto depreciating assets.

BCC

cryptocurrency, scam

A cryptocurrency associated with a notorious Ponzi scheme.

Bearish

investing

A market condition characterized by falling prices and pessimistic sentiment.

Bit

unit

A sub-unit of Bitcoin, equivalent to 100 satoshis.

Bitcoin | BTC

cryptocurrency, btc

Bitcoin (BTC) is the first and most secure peer-to-peer electronic cash system, underpinned by blockchain technology.

Bitcoin Cash | BCH

cryptocurrency

A cryptocurrency designed for peer-to-peer electronic cash transactions.

Block

mining, blockchain, security

A collection of transactions confirmed on the blockchain, each block building upon the previous one.

Block Height

blockchain

The number of blocks preceding a particular block in a blockchain.

Block Reward

mining, distribution

The reward given to a miner for validating a new block on the blockchain.

Blockchain

concept, blockchain

A decentralized, peer-to-peer ledger system composed of a continuous chain of blocks.

Bullish

investing, market sentiment

A term used to describe positive market sentiment, characterized by rising prices and investor confidence.

Burn

concept, strategy

The intentional or unintentional destruction of a cryptocurrency, resulting in a decrease in supply.

Buy High Sell Low

strategy, meme

A counterproductive investment strategy of buying an asset at a high price and selling it at a low price.

Buy Low Sell High

strategy, meme

An investment strategy of purchasing an asset at a low price and selling it at a high price.

Buy The Dip | BTD

strategy, meme

An investment strategy of purchasing an asset after a significant price decrease.

..d..

Dead Cat Bounce

trading, financial markets

A temporary recovery in prices during a prolonged bear market.

Death Spiral

blockchain, mining, attack

A potential scenario where a blockchain's functionality grinds to a halt due to a sudden decrease in hash power.

Decentralized Application | DApp

blockchain, software

A decentralized application (DApp) is a software application that runs on a distributed computing system, most commonly a blockchain.

Decentralized Exchange | DEX

trading, exchange, blockchain

A decentralized exchange (DEX) is a platform that allows users to trade digital assets directly with each other, without the need for an intermediary, such as a brokerage or bank.

DeFi

blockchain, finance, concept

DeFi, or Decentralized Finance, is a revolutionary sector in the blockchain industry that uses smart contracts to create permissionless financial services that are open to everyone and operate without intermediaries.

Diamond Hands

meme, strategy, investing

A term used in the investing community to describe an investor's strong will to hold onto their investments, even in the face of significant price drops or volatility.

Dollar Cost Averaging | DCA

strategy, investing

A systematic investment strategy that involves buying a fixed dollar amount of an asset at regular intervals, regardless of its price.

Double Spend

scam, security, blockchain

A fraudulent technique where the same digital currency is spent more than once, exploiting the digital nature of cryptocurrency transactions.

Dump

trading, strategy, market manipulation

A trading term referring to the rapid selling off of a cryptocurrency or other asset, often causing its price to drop.

Dust

concept, blockchain, cryptocurrency

A minuscule amount of a crypto asset that is less than the minimum transaction fee.

..m..

Majority Attack | 51% attack

attack

A potential attack on a blockchain network where a single entity gains control of the majority of the network's hash rate.

Market Cap

finance, trading

The total value of all circulating units of a particular cryptocurrency.

Market Order

trading

A type of order to buy or sell a security at the best available price in the current market.

Masternode

network, security, distribution

Masternodes are powerful servers on a blockchain network that perform special tasks, have voting rights, and receive a share of the mining rewards.

Maximalist

concept, ideology

An individual or entity who strongly believes in the superiority of a specific cryptocurrency and primarily invests in it.

Maximum Supply

finance, trading

The predetermined total number of a cryptocurrency that will ever exist.

Mempool

mining, blockchain

A temporary storage space in a node for pending transactions that have not yet been included in a confirmed block.

Mining

distribution, security

The process by which new coins or tokens are minted and transactions are confirmed on a blockchain.

Mining Difficulty

mining, security, blockchain

The measure of how difficult it is to find a new block for a blockchain. It is regularly adjusted to maintain the target block time.

Mining Pool

mining, blockchain

A collective of miners who pool their computational resources to mine blocks more consistently and share the rewards proportionally.

Minting Baton

slp, token

A unique token that grants the ability to create more of a specific SLP token.

Mnemonic

security, wallet

A sequence of words used to generate and recover a private key, typically 12 or 24 words long.

Mooning 🌕

meme, slang

A term used when a crypto asset experiences a rapid and significant increase in value.

Multi Signature

security, wallet

A type of digital wallet that requires signatures from multiple private keys to authorize transactions.

* All terms and definitions may change as the Cryptionary improves