
Let's make a big crypto dictionary!
You can contribute through the comments section, just add the vocab or correct vocab that you want to, then I will update it in this post. I will also add your profile on every vocabulary you provide!
use the find text (CTRL+F) feature in browsers to quickly glance through words -vi5hall

Number
51% attack protection - added by TheNewLegend
A protection mechanism implemented by several cryptocurrencies that require more than 50% of their total hashing power working together as one entity (which would make it difficult for attackers since they'd need even more resources and time) or if this threshold is below 100%, having an additional safeguard feature where at least 66% must agree with every transaction before sending, making them unable to double-spend anything without others noticing until these changes are made on the chain permanently
A
Address
An address is a string of characters that functions as a place where individuals can receive, store, or send cryptocurrency. Like a telephone number or zip code, every crypto address is unique.
Airdrop
a method of distributing crypto assets to some people or communities that are given free of charge.
Altcoin
Crypto assets other than bitcoin
AMM (Automated Market Makers)
Part of the decentralized finance (DeFi) ecosystem. They allow digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. AMM users supply liquidity pools with crypto tokens, whose prices are determined by a constant mathematical formula. Liquidity pools can be optimized for different purposes, and are proving to be an important instrument in the DeFi ecosystem.
Arbitrage
A trading strategy to seek profit by taking advantage of the difference in the price of an asset that appears between several markets.
B
Bear Trap
The price of an asset appear to have experienced a prolonged decline, encourage massive asset sales and make the price decrease even more. However, when the price continued to decline, the market makers who carried out the bear trap were actually simultaneously buying back the assets they had and reversing the market situation.
Bear Market
A term used when the market is in a prolonged downward trend.
Buy the DIP
A phrase often used by cryptocurrency investors and traders to buy an asset when the price drops and is at a low point.
Block
Data structure that stores transaction. Blocks are the fundamental foundation of blockchain technology. Each block contains a reference to the block before and after it in hash form (alphanumeric code). In theory, this makes blockchain difficult to hack or counterfeit because the culprit has to change all the blocks in a blockchain network.
Blockchain
A decentralized and digital ledger that records transaction information of crypto assets in chronological order. It consists of connecting blocks, or units of digital information that are stored sequentially in a public database.
Block Explorer
A website that allows users to search for information regarding crypto transactions carried out on the blockchain. This application allows users to view transaction details, balances, and so on.
Block Header
A part of the block that is used to identify each block generated within the blockchain network. This section is processed with hashing techniques to become a link that links between blocks on the blockchain. in essence, is used to identify a specific block within the blockchain. Each block header contains useful information about each block and miners use it to hash and generate proof of work.
Block Height
Number of blocks in the chain between any block with the first block on the blockchain "genesis block or block 0". Each block in the blockchain has a specific block height value. The first block in the blockchain, known as the genesis block, has a block height of zero, meaning that there are no previous blocks. Block height is an important measure of the rate at which new blocks are added to the blockchain. It is also used to identify individual blocks.
Bubble
A situation when the price of an asset exceeds the intrinsic value of the asset. Over the years, many people have said that cryptocurrencies (especially Bitcoin) are a bubble.
Bull Market
Term used to describe when a big rally increases price on the market
Bull Trap
A situation that occurs when an asset whose price continues to decline shows a reversal and uptrend but soon resumes a downtrend.
C
CEX (Centralized Exchanges)
A platforms which facilitate the buying and selling of cryptocurrency, either for fiat currencies, like the US dollar, or between digital assets, like BTC and ETH. They function as trusted intermediaries in trades, and often act as custodians by storing and protecting your funds
Central Ledger
Digital files that used by individuals or organizations to record transactions centrally. This ledger or transaction book has been used for a long time to record and confirm asset ownership, legal identity, and legal status and political rights of individuals.
Cryptocurrency
Digital currency that uses cryptographic technology to ensure its security as a tool of exchange. The first cryptocurrency to reach mainstream popularity was Bitcoin (BTC), which was launched in January 2009.
D
DApp (Decentralized App)
any practical application of blockchain and/or cryptocurrency. dApps can take the form of mobile games, communications platforms, and social media sites.
DCA (Dollar Cost Averaging)
A strategy to invest the same amount of money at regular intervals regardless of the price of the asset.
DeFi (Decentralized Finance)
An ecosystem consisting of decentralized financial applications developed on top of a blockchain network. DeFi is the movement within crypto to not just trade decentralized currencies but do so in a way that is itself decentralized. The most popular DeFi projects are decentralized exchange protocols, which automate the exchange of cryptocurrencies among buyers and sellers, eliminating the need for a middleman.
DEX (Decentralized Exchanges)
DEXs facilitate peer-to-peer trading by relying on automated smart contracts to execute trades without an intermediary. However, not all DEXs employ the same underlying infrastructure. While some retain conventional order book models, others use emergent liquidity protocols.
F
Fiat
Money that has been declared by the government as legal tender.
FOMO (Fear Of Missing Out)
Feelings of fear and anxiety about missing out on a potentially lucrative opportunity (in the context of cryptocurrencies).
Fork
A fork is when a cryptocurrency or blockchain-based network splits off into two distinct projects with their own code and set of governing principles. In the event of a “soft” fork, only one blockchain will remain operational, whereas “hard” forks result in two new brand chains. For example, Bitcoin Classic is a hard fork of Bitcoin, or Time Wonderland is one of the most successful OlympusDAO fork.
FUD (Fear Uncertainty and Doubt) - added by cryptoscot1985
A propaganda tactic used in sales, marketing, public relations, politics, polling and cults. FUD is generally a strategy to influence perception by disseminating negative and dubious or false information and a manifestation of the appeal to fear.
FUD Example: “If someone tells you bitcoin is a bubble, they just have FUD.”, "Bitcoin followers advise to HODL your coins despite the FUD of those outside the community."
Fully Diluted Market Capitalization - added by LGuigs
The total value of the crypto at today’s price if the entire future supply of coins were in circulation.
Market cap and fully diluted market cap in crypto are often used to rank the relative popularity and importance to the overall market of particular coins, in much the same way as it is used to rank publicly traded companies.
While applying the fully diluted market cap can be quite useful when evaluating established cryptos, investors should use multiple metrics when determining the right crypto to invest in. A new coin could inflate its fully diluted value simply by allowing for a huge number of future coins.
G
Gas
A pricing mechanism used on the Ethereum blockchain in exchange for miners for the use of computing power. Activities that require gas include using smart contracts, launching Decentralized Applications (DApps) on the Ethereum network, and transactions such as sending ETH. This crypto gas is basically the cost of running transactions and is paid for using Ether (ETH).
Genesis Block
The first block to be mined on a blockchain network.
Gas is consumed in small amounts called gwei. One gwei is equivalent to 0.000000001 ETH. The amount of ETH that needs to be paid in a single transaction depends on the resources the transaction requires on the EVM (Ethereum Virtual Machine) and the density of the Ethereum network at the time the transaction occurs.
Gas can also be measured to measure the time it takes to process a transaction. The lower the price, the more time it takes to process a transaction. This happens because miners will prioritize transactions with higher gas costs because they get more profit.
H
Halving
Reduction of the reward earned by miners, who successfully add new blocks to the blockchain, by half. The halving basically aims to maintain the scarcity of crypto assets such as bitcoin. With the halving, the number of new bitcoins entering circulation remains limited, so their value will continue to rise.
Halving refers to one of the most anticipated events for Bitcoin. It is a process of halving the rewards of mining Bitcoin after around 210,000 blocks are mined. This usually takes around four years. Halving is to make sure that the number of Bitcoin in circulation does not increase exponentially.
Hash
A fixed-length alphanumeric code used to represent a word, message, or data. Hash is a fingerprint or summary of digital data that has two characteristics:
- the same input will always produce the same output
- there is no function or way to invert the output back into the input.
Hash are useful for confirming the correctness of information without revealing the contents of the information. The Bitcoin blockchain, for example, consists of several processes that involve hashing, which is very important in the mining process.
Hash Rate
The measure of computing and processing power used in crypto mining, the process of obtaining a cryptocurrency through powerful computers and specially designed software. A higher hash rate indicates a more robust network.
HODL (Hold on for Dear Life)
Hodl is not a misspelling, it is slang. According to Internet legend, an early enthusiast’s finger slipped, and he typed “Hodl” on an Internet chat forum, urging his fellow investors to not sell. Today, when Bitcoin tumbles, loyal investors urge each other to “Hodl” and not sell their tokens. The idea behind Hodl is that Bitcoin’s price will continue to rise, regardless of huge dips. The phrase signals loyalty and belief in Bitcoin’s ascent.
I
ICO (Initial Coin Offering)
A part of the total token supply is sold to the public independently.
IDO (Initial DEX Offering)
A part of the total token supply is sold to the public through a decentralized exchange (DEX) launchpad.
IEO (Initial Exchange Offering)
A part of the total token supply is sold to the public through a centralized exchange (CEX).
Immutability
The ability of blockchain technology to ensure past transaction data cannot be changed. All transactions using bitcoin or other crypto assets are permanently recorded and visible to everyone, making it impossible for any entity to change, replace or falsify the data stored on the blockchain.
K
KYC (Know Your Customer)
Standard procedure for companies in the financial industry to identify their users. Usually the KYC process requires the customer to include documents that can be used to verify identification, such as a valid ID, utility bill with home address, passport, and so on. This process helps ensure the overall health of the cryptocurrency business as well as the integrity of the financial system.
L
Liquidity
Refers to which asset can be converted into cash or other assets without affecting its market price. In simple terms, liquidity means that you can easily convert your assets into money. The level of liquidity usually depends on the level of utility and market activity of the asset.
Liquidity Pool
A crowdsourced pool of cryptocurrencies or tokens locked in a smart contract that is used to facilitate trades between the assets on a decentralized exchange (DEX). Instead of traditional markets of buyers and sellers, many decentralized finance (DeFi) platforms use automated market makers (AMMs), which allow digital assets to be traded in an automatic and permissionless manner through the use of liquidity pools.
Leverage -added by cristian_left
Leverage is the strategy of using borrowed money to increase return on an investment. If the return on the total value invested in the security (your own cash plus borrowed funds) is higher than the interest you pay on the borrowed funds, you can make significant profit.
M
Mining
The process through which new cryptocurrencies are minted. Many cryptocurrencies depend on a proof-of-work mining system, whereby computational power is delegated towards solving complex math riddles as a way to simultaneously secure and power a network, while also minting new tokens.
Market Cap / Market Capitalization
The total traded value of a particular coin, which is calculated by multiplying the coin supply by the current price. This is a useful metric for measuring how big the market for a crypto asset is compared to another.
Maximum Supply
The maximum number of coins of a particular crypto asset. Once a crypto asset reaches this maximum supply, no new coins will be produced or mined. Most cryptocurrencies will explain their coin production flow either in detail or in outline. This explanation is usually found on a coin's white paper or on its website.
N
NFT (Non-Fungible Token)
A type of cryptographic token that uses blockchain technology to be linked to non-exchangeable digital or real-world assets, such as a piece of digital artwork or online collectible. The transactions of each NFT are recorded in the blockchain, so the author, price and ownership history can be known.
Node
Nodes are computers that are connected to the blockchain network and communicate with other computers to ensure system security and integrity.
Each blockchain node serves as a network communication point. There are different types of nodes, each of which is responsible for a different set of tasks. Full nodes, listening nodes (supernodes), mining nodes, and lightweight or SPV clients are the four basic types of Bitcoin network nodes.
Full nodes serve to support and protect the Bitcoin blockchain, and are critical to the success of the network. All nodes that are made publicly accessible are referred to as listening nodes, or supernodes.
Meanwhile, mining nodes, or ASIC machines, are nodes that run mining software. Finally, lightweight or SPV clients are nodes that use the Bitcoin blockchain but do not function as validating nodes. They collect data from supernodes and serve as communication endpoints.
O
Opensea - added by Syrion
A large Ethereum based NFT marketplace
P
Private Key
A number that allows users to access their funds, sign transactions, and generate recipient addresses. The way a private key works is similar to a secret PIN or check signature that gives you authority over your account. However, bitcoin users are rarely exposed to this digital key. This is because the private key is stored in the wallet file and is mostly controlled by the bitcoin wallet software. The private key is usually written in the form of a long combination of letters and numbers.
Pump and Dump
a form of price manipulation where the price of a crypto is boosted based on false recommendations (pump) before the assets are sold at a higher price (dump).
POS (Proof-Of-Stake) - added by LiberoNuvola
A type of protocol for securing a cryptocurrency network and for achieving distributed consensus. It is based on the principle that each user is required to prove possession of a certain amount of cryptocurrency. It differs from proof-of-work systems which are based on hash algorithms that validate electronic transactions.
POW (Proof-Of-Work) - added by LiberoNuvola
refers to the consensus algorithm underlying the Blockchain network. In a Blockchain, this algorithm is used to confirm transactions and produce the new blocks of the chain. The PoW incentivizes miners to compete with each other in trade processing, receiving a reward in return.
PST (Profit-Sharing Tokens) - added by Arwave Daily
A new innovation for the open web that allow developers to earn dividend streams for the duration their application is used.
Profit-sharing tokens (PSTs) allow people who build websites and apps to earn money easily and flexibly. PSTs are a novel way of incentivizing and rewarding both permaweb app founders and external contributors to a project.
P2P (Peer-2-Peer)
A type of network interaction in which two or more computer systems communicate with each other to share data or instructions.
R
ROI (Return on Investment)
Ratio or percentage value used to measure the profitability of an asset. A positive ROI value means the asset is making a profit while a negative ROI indicates a loss. ROI is one of the basic measuring tools to evaluate the success of an investment.
The formula for measuring ROI is simple:
ROI = (Current Investment Value – Initial Investment Value) / Initial Investment Value
Rekt
a slang word for "wrecked." This is used when a trader loses a substantial amount of money.
S
Satoshi
Satoshi means one of two things. The first is in reference to Satoshi Nakomoto, the anonymous founder of Bitcoin who vanished shortly after his creation, leaving the project to be decentralized and collectively managed. Satoshi also means a unit of exchange, equal to .0001 Bitcoins. The term is often used casually in the context of Stacking Sats, i.e. buying more Bitcoin.
Seed Phrase
A list of words that can be used to access a cryptocurrency wallet or wallet. The seed phrase, which was first used in Bitcoin, makes it easy for users to back up their wallets.
Smart Contract
Automated contracts that use computer protocols to carry out negotiations without a third party. Basically a smart contract is a term for a computer program written on top of the Ethereum blockchain.
SOLAR bridge - added by Arwave Daily
A mechanism used to store Solana's blockchain data on Arweave, removing the need for Solana validators to run full nodes, thus maintaining Solana's high transaction speed in periods of increased demand.
T
Token
a unit of a digital currency like Bitcoin, Ethereum, etc..\
TxID (Transaction ID)
A unique row containing alphanumeric characters used to identify each verified transaction in the blockchain. Also known as a transaction hash, the TxID is a unique identifier for each transaction on the blockchain. This ID is publicly accessible on most blockchains and you can search for it using a block explorer or block explorer.
To The Moon
If someone says To the Moon or posts a rocket emoji, it means they think the price of a cryptocurrency is going to see a huge increase.
V
Volatility
Refers to how quickly and how much the price of an asset changes. Volatility is often used as an indicator of an asset's investment risk because it shows the speed and extent of price movements.
W
Wallet
store, send and receive cryptocurrencies. Crypto wallets keep private keys (passwords that give you access to your crypto assets) safe and secure, allowing you to transfer and receive cryptocurrencies such as bitcoin (BTC) and ether (ETH). Wallets come in all shapes and sizes, from hardware wallets such as Ledger (which resembles a USB stick) to mobile apps
Unlike traditional wallets, which can hold physical cash, crypto wallets do not store cryptocurrency. Your assets are stored on the blockchain, but only private keys can access them. Private keys verify that you have digital money and allow you to make transactions with the assets you own. Losing your private keys means losing access to your assets. Therefore, it is very important to keep your hardware wallet secure or use a reputable wallet service.
Whale
Individual investors and often sophisticated trading firms with large amounts of Bitcoin and other cryptocurrency. Whales are feared and respected among crypto day traders for their ability to move prices with single trades. Whales include the prescient individuals who bought Bitcoin in its early years and never sold.

