Cryptionary

Systematic distribution of free tokens to encourage adoption and interest in a cryptocurrency asset.

Highest price an asset has been traded.

Any crypto coin or token that is not the leader of it's asset type.

The stage of the market where money flows into altcoins rather than bitcoin, or from bitcoin to altcoins.

A sort of decentralized trading platform which use smart contracts and algorithms to determine the price.

The rate of return expected over the course of a year, taking into account compound interest.

Simultaneous buying and selling the same asset across competing markets for profit.

Specialized, highly efficient, mining hardware.

Any resource with economic value which is expected to bring future value.

Everyone holding onto crypto assets.

Bitconneeeeeeeeeect!

When the market trend is negative and prices are dropping over a prolonged period.

1/1,000,000 of a bitcoin, or 100 satoshis.

Bitcoin (BTC) is the primary peer to peer electronic ledger. It is the blockchain with the most security and hashpower.

Peer to peer electronic cash system.

A set of transactions confirmed on the blockchain. Each block builds upon the block before it.

Number of blocks between the target and genesis blocks. Each confirmation increases the block height by 1.

Coins awarded to a miner for discovering a block solution.

Peer-to-peer, distributed ledger comprised of a continuous chain of blocks, where each block builds upon the block before it.

When market sentiment is positive and the price is in an upward trend.

Destruction of a crypto asset, either on purpose or by mistake.

Buy an asset at a high value, sell it at a low value. Very common strategy.

Buy an asset at a low value, sell it at a high value. Very rare strategy.

An accumulation strategy of buying a coin after a sudden price decrease.

Ordering the transactions within a block by their transaction ID; allows for faster lookup and mining optimizations.

Privacy protocol on Bitcoin Cash which makes coins untraceable.

Privacy protocol on Bitcoin Cash which makes coins untraceable by shuffling coins into uniform denominations

Total number of coins/tokens in circulation.

Number of blocks confirmed since the transaction was confirmed.

Agreement among the majority of nodes as to which block or blockchain to follow.

A slight price recovery during a falling market.

The slow death of a blockchain from a sudden decrease of hash power.

A decentralized application executed across a blockchain network.

A decentralized exchange where users trade digital assets directly, without going through a third party.

DeFi is an exciting new space of decentralized finance. Usually trustless and non-custodial.

Expected hash power to mine a block. Regularly adjusted to hit the target difficulty and block time.

An accumulation strategy to buy an asset over a period of time.

Spending the same coins in multiple competing blocks to defraud a payment.

Selling off of one's position in a crypto asset.

An amount of a crypto asset which is below the minimum miner fee.

A token on the Ethereum network which follows the ERC20 standard.

A non-fungible token on the Ethereum blockchain, often used for collectibles.

A hashing algorithm created for and by Ethereum (ETH).

Ethereum (ETH) is the leading distributed application network, focused on making smart/programmable money.

The Ethereum Virtual Machine is the runtime environment which Ethereum (ETH) smart contracts execute within.

A business which facilitates cryptocurrency trading. Some deal with only crypto-crypto pairings while others support crypto-fiat pairings as well.

Method of distributing small amounts of free coins to a large amount of users.

Currencies which have been declared to be legal tender, backed by governments.

When a crypto asset surpasses Bitcoin (BTC) in market cap and hash power, becoming the most valuable crypto asset.

Fear Of Missing Out. The fear that an opportunity will pass by without you.

The process of a blockchain splitting into 2 blockchains.

Spreading negative sentiment towards the future of a coin, sometimes with reason, sometimes without.

The first block of a blockchain; the block with a blockheight of 0.

A decrease in block rewards by 50% at a set time determined by block height.

Amount of work a miner is contributing to the network.

A slang term for holding onto an asset long term compared to actively trading or using it.

Distribution method to purchase coins before they are built in order to fund development of new projects, hopefully.

Distribution method to purchase coins before they launched, facilitated by an exchange.

A large portion of the maximum supply being mined during the launch of the cryptocurrency, leading to unfair distribution.

Joy Of Missing Out. The joy of choosing not to take an investment, while still happy for others who won.

Guidelines to remove anonymity from crypto holdings and trading, ultimately aimed at combating illegal activities.

Everyone in crypto has one, or two.

Second layer network on Bitcoin (BTC) which enables fast, cheap, and anonymous transactions.

A buy or a sell order executed at a set price threshold.

How much of a crypto asset can be bought or sold without effecting the market price.

Transaction which spendable after a given time or blockheight is reached.

Reversing or preventing transactions by controlling the majority of a network's hash rate.

Circulating Supply × Current Price.

A buy or a sell order which is executed immediately at current market prices.

Masternodes are special nodes which can vote and get some of the mining rewards on certain blockchains.

Person or entity who maximizes their holdings of a singular specific cryptocurrency asset.

Upper limit for the amount of a coin/token which can exist.

The holding area in a node for all pending transactions on the network which have not yet been included within a confirmed block.

Process by which new coins or tokens are minted into the system.

Miners pooling their hash power together in order to gain more consistent rewards.

Special token used to create (mint) more of a token.

A string of words which can be used to derive a private key. Usually 12 or 24 words long.

When a crypto asset exponentially increases in value, aggressively.

Wallet which requires signatures from multiple private keys to access the funds.

Any device that connects directly to a blockchain network is called a node.

Opcode which marks output as invalid and writes data to the chain. Useful for building onchain protocols to extend bitcoin.

Operation of the bitcoin script language, enabling complex transactions.

A block which no longer has a valid path to the tip of the blockchain.

The mining of a certain number of coins prior to the cryptocurrency being made available to the public.

A set of coins with a focus on private and anonymous transactions.

Account on the blockchain. A cryptographic key used to derive public keys and sign transactions.

Method of mining using ones stake in the cryptocurrency to create new coins and validate transactions.

Method of mining using computing power to generate verify transactions.

A unique public identifier, used for receiving crypto payments or assets.

Scheme to artificially increase the price of an asset then dump it on unsuspecting investors.

Slang for 'wrecked' used to describe a large loss of value in a short period of time.

A feature allowing transactions in the mempool to be replaced with another transaction which spends a higher mining fee.

Mythological creator of Bitcoin.

Smallest fraction of a bitcoin; 1/100,000,000th of a bitcoin.

Digital signature algorithm which can decrease transaction size, improve privacy, and fix malleability issues.

Separates the transaction into two segments - transaction and witness data -, which fixes transaction malleability, and enables more transactions per block.

Most widely used hashing algorithm for cryptocurrencies, used by both Bitcoin Cash (BCH) and Bitcoin (BTC).

Person who attempts to convince others of the superiority of the coin they hold.

Every coin you don't hold.

A protocol for tokens on the Bitcoin Cash (BCH) blockchain. Very simple and cheap to use.

Method to verify transactions on the blockchain with minimal data. Allows wallets to function verify their balances themselves, and not rely on centralized servers.

A buy or sell market order triggered at a set price threshold. Stop Limit sell orders are also known as a "Stop Loss" orders.

An identical copy of a blockchain using worthless coins/tokens for the purpose of development and testing.

Tokens are programmable digital assets which live on a blockchain.

Total number of a coin/token available.

An entry in the blockchain ledger which describes the exchange of an asset from one address to another.

Payment to miners as a reward for including a transaction in a block.

The number of transactions a blockchain is able to support per second, on average, over a period if time.

An additional layer of security, often requiring a physical phone or other physical security device.

UTXOs make up the current balance of a bitcoin address, and are required as inputs for transactions.

Amount of an asset traded over a period of time.

Method of storing crypto where the private key is secure, and at least 1 public key is available.

Someone who owns a significant portion of a coins total supply.

A transaction sent to the mempool that has not yet been confirmed in a block. Security of 0-conf transactions vary by blockchain.

The absolute strongest hands; hands of the strongest and sexiest investors.