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Cryptocurrency and Blockchain Dictionary

A complete list of crypto definitions

Cryptocurrency and blockchain glossary

Commonly used terms in the world of blockchain and cryptocurrency

Terms commonly used in the world of blockchain and cryptocurrency

ATL

The minimum value of the price for token for the entire period of its existence.

Other Important Terms

ERC-20

This is a standard, a certain set of rules that allows developers to create tokens over the Ethereum blockchain. These tokens are known as ERC-20 tokens. The ERC-20 standard is the most common in the cryptocurrency industry today.

Hot wallet

This is a wallet that operates in online mode and is used to store cryptocurrencies. Examples: Metamask and Keplr.

Gem

This is a potentially profitable asset, which in the future can bring a lot of profit to the investor.

Bear Market

This is the period in the cryptocurrency market, which is accompanied by stagnation or falling prices for cryptocurrency assets.        

51% Attack

A ‘51% attack’ refers to a possible attack on a blockchain by a group of ‘miners’, who hold more than 50% of the hashrate. In such a situation the ‘miners’ have the possibility to deliberately not confirm transactions or to issue transactions twice (double-spend).

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