Glossary of crypto world
Bitcoin (BTC) Blockchain - The first and most well-known cryptocurrency designed as a decentrelized digital currency.
Ethereum (ETH) Blockchain - A decentrelized platform that enables smart contracts ans decentrelized (dApps) to be built and run without any downtime.
Tron (TRX) Blockchain - A blockchain-based decentralized platform aiming to build a free, global digital content entertainment system.
Binance Smart Chain (BSC) Bolckchain - A blockcahin network built for running smart contract-based applications, parallel to Binance Chain, with high throughput and low fees.
Solana (SOL) Blockchain - A highly performant blockchain supporting high-speed and low-cost transactions, ideal for dApps and DeFi.
Ripple (XRP Ledger) Blockchain - A digital payment protocol that aims to enable secure, instant, and nearly free global financial transactions.
Polkadot (DOT) Blockchain - A multi-chain network that facilitates interoperability and scalability for vatious blockchains.
Litecoin (LTC) Blockchain - A peer-to-peer cryptocurrency and open-source software project, similar to Bitcoin but with faster transaction confirmation times.
Avalanche (AVAX) Blockchain - A platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem.
Cosmos (ATOM) Blockchain - A decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint.
BTC Pairs - The first and most well-known cryptocurrency, created by Satoshi Nakamoto in 2009, often referred to as digital gold.
ETH Pairs - A decentralized platform that enables smart contracts and dApps to be built and run without any downtime or third-party interference.
USDT Pairs - A stablecoin pegged to the US dollar, used to provide stability and facilitate trading on cryptocurrency exchanges.
BNB Pairs - The native cryptocurrency of the Binance exchange, used to pay for transaction fees on the platform and participate in token sales.
DOGE Pairs - Initially created as a joke, this cryptocurrency has gained a large following and is known for its Shiba Inu mascot.
SOL Pairs - A high-performance blockchain supporting builders around the world creating crypto apps that scale today.
BEP-20 Token - BEP-20 is a BNB Chain token standard created with the intention of extending ERC-20.
BRC-20 Token - It is an experimental token standard. Ordinals protocol supports the generation and transfer of fungible tokens.
DRC-20 Token - It is a token standard on the Dogecoin network that allows developers and users to create fungible assets within Dogecoin's ecosystem.
Binance CEX - The world's largest cryptocurrency exchange by trading volume, offering a wide range of digital assets and advanced trading features.
Coinbase CEX - A leading cryptocurrency exchange in the United States, known for its user-friendly platform and regulatory compliance.
OKX CEX - A Malta-based exchange providing a variety of trading options, including futures and spot trading, with high liquidity.
Bybit CEX - A Singapore-based exchange known for its high-speed trading platform and derivatives trading, including perpetual contracts.
Kucoin CEX - A Singapore-based exchange offering a wide range of cryptocurrencies, advanced trading features, and a user-friendly mobile app.
Bittrex CEX - A US-based exchange known for its strong security, wide range of supported cryptocurrencies, and user-friendly interface.
Gate.io CEX - A global exchange offering a wide variety of cryptocurrencies and innovative trading products, such as margin and futures trading.
BitMart CEX - A global exchange that offers a wide range of digital assets, known for its strong security and user-friendly platform.
Kraken CEX - A US-based exchange offering a wide variety of cryptocurrencies, known for its security measures and comprehensive trading tools.
Bitfinex CEX - A Hong Kong-based exchange that provides advanced trading options, margin trading, and a wide selection of cryptocurrencies.
Raydium DEX - A DEX on the Solana blockchain, offering fast and low-cost trading with liquidity provision.
0x Protocol DEX - A DEX protocol enabling the peer-to-peer exchange of Ethereum-based tokens through off-chain order books and on-chain settlement.
Uniswap DEX - A leading Ethereum-based DEX known for its automated liquidity provision and popular AMM model.
1inch DEX - A DEX aggregator that finds the best possible trading prices across various DEXs by splitting trades across multiple platforms.
Pancakeswap DEX - A popular DEX on the Binance Smart Chain (BSC), known for its fast transactions and low fees.
Sushiswap DEX - A community-driven DEX built on Ethereum, offering a wide range of DeFi services, including staking and yield farming.
dYdX DEX - A DEX offering advanced trading features such as margin trading, perpetual contracts, and spot trading.
Balancer DEX - A flexible DEX and automated portfolio manager allowing users to create custom liquidity pools with multiple tokens.
Trust Wallet - It can manage digital currencies online, keep abreast of the market dynamics, and support a variety of digital currency content.
MetaMask Wallet - Available as a browser extension and as a mobile app, MetaMask equips you with token wallet, and token exchange.
imToken Wallet - imToken is a global blockchain wallet offering secure digital asset management to millions of users in over 150 countries.
Ledger Wallet - A hardware wallet known for its high security, supporting a wide range of cryptocurrencies.
Crypto.com Wallet - Crypto.com DeFi Wallet is a user-custodied wallet where you can get full access and control of your crypto private keys.
Coinbase Wallet - Coinbase Wallet is that allows users to store, or custody, their own crypto, and explore the decentralized web with a dapp browser.
TokenPocket Wallet - TokenPocket is a digital wallet providing reliable asset management for nearly 10 million users in over 200 countries.
Trezor wallet - Trezor devices are the original, most trusted cryptocurrency hardware wallets. They are designed and marketed by SatoshiLabs. The primary function of a Trezor device is to serve as a hardware wallet for cryptocurrencies. They also have other security applications such as being used for second-factor authentication.
Hyperpay - HyperPay is the world's first wallet that is integrated with both off-chain and on-chain wallets. So far, On-chain wallet in HyperPay has supported BTC, ETH, EOS, HC, LTC, USDT, ONT and BCH and Off-chain wallet has supported 40 mainchains and over 140 mainstream cryptocurrencies.
Centralized Exchange (CEX) - CEX is a type of cryptocurrency exchange that is operated by a company that owns it in a centralized manner.
Decentralized Exchange (DEX) - A peer-to-peer exchange allowing users to trade cryptocurrency without the need for an intermediary.
FOMO - An acronym that stands for Fear of Missing Out.
GameFi - GameFi, better known as play-to-earn (P2E) games,it references games that are designed with economic and finan.
Gas - It refers to a unit measuring the computational effort required for transactions, smart contracts, or launching DApps.
Initial Bounty Offering (IBO) - A novel way of launching a project that focuses on people contributing skills to a platform rather than money.
InterPlanetary File System (IPFS) - It is a peer-to-peer, distributed system for storing and accessing files, websites, and applications, using content addressing instead of location.
Private Key - A piece of code generated in asymmetric-key encryption, paired with a public key, used to decrypt information hashed with the public key.
Proof-of-Stake (PoS) - A blockchain consensus mechanism in addition to Proof-of-Work that maintains the integrity of blockchain.
Proof-of-Work (PoW) - A blockchain consensus mechanism involving solving of computationally intensive puzzles to validate transactions and create new blocks.
Staking - Staking is participating in a proof-of-stake (PoS) system by locking tokens to serve as a blockchain validator and earn rewards.
Total Value Locked (TVL) - Тotal value locked represents the number of assets that are currently being staked in a specific protocol.
Airdrop - A marketing campaign that distributes a specific cryptocurrency or token to an audience.
Bridges - A blockchain bridge allows the seamless transfer of data or tokens between two different blockchain projects.
DeFi - A movement encouraging alternatives to traditional, centralized forms of financial services.
Gwei - The denomination used in defining the cost of gas in transactions involving Ether.
A movement encouraging alternatives to traditional, centralized forms of financial services.
Initial Coin Offering (ICO) - ICO is a type of crowdfunding, or crowdsale, using cryptocurrencies as a means of raising capital for early-stage companies.
Non-Fungible Token (NFT) - Non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility.
Token Generation Event (TGE) - The time at which a token is issued.
Two-Factor Authentication (2FA) - Two-factor authentication (2FA) is method of access that requires two different forms of authentication.
51% Attack - A 51% attack occurs when more than half the computer power or mining hash rate on a network is controlled by a single person or group.
Decentralized Autonomous Organizations (DAO) - DAO is founded upon and governed by a set of computer-defined rules and blockchain-based smart contracts.
Decentralized Identifier (DID) - It is an ID issued by an autonomous, independent platform that proves digital identity ownership.
DePIN - DePIN is a network of blockchain protocols for decentralized development, maintenance, and operation of physical hardware infrastructure.
Hot Wallet - A cryptocurrency wallet that is connected to the internet for hot storage of cryptoassets.
Initial Dex Offering (IDO) - An initial dex offering (IDX) is an alternative to an initial coin offering (ICO).
Over-the-Counter (OTC) - Over-the-counter is defined as a transaction made outside of an exchange, often peer-to-peer through private trades.
Pair - Trade between one cryptocurrency and another, for example, the trading pair BTC/ETH.
Whitelist - A list of interested participants in an initial coin offering, who registered their intent to take part or purchase in a sale.
Cold Wallet - A cryptocurrency wallet that is in cold storage, i.e. not connected to the internet.
Decentralized Applications (DApps) - A type of application that runs on a decentralized network, avoiding a single point of failure.
Ethereum Virtual Machine (EVM) - A Turing-complete virtual machine that enables execution of code exactly as intended; it is the runtime environment for every smart contract.
Liquidity - Liquidity measures how easily a cryptocurrency can be quickly converted into cash without significantly affecting its value.
Maker Protocol (MakerDAO) - The Maker Protocol allows users to leverage their assets as collateral, approved by Maker governance, to earn DAI.
Pre-Sale - The sale of a cryptocurrency, ahead of it going public, to specific investors.
Roadmap - A roadmap is a high-level visual summary that helps map out the vision as well as the direction of a specific product.
Exchange Traded Fund (ETF) - A security that tracks a basket of assets such as stocks, bonds, and cryptocurrencies but can be traded like a single stock.
Bitcoin Whitepaper Released - Satoshi Nakamoto published the Bitcoin whitepaper, outlining the concept of a decentralized digital currency
DAO Formation Legalization - Some jurisdictions began recognizing and legalizing the formation of decentralized autonomous organizations (DAOs).
Ethereum Launched - Ethereum was launched by Vitalik Buterin, introducing smart contracts and decentralized applications (DApps).
