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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

Cliff

This is a period of locking tokens. As a rule, tokens are not given to investors all at once, but in several portions - butter. For each butch, the deadlines and the number of tokens are indicated. So temporary segments between the battles can be called cliffs. For example, the conditions of the sank is as follows: 50% of the tokens will be issued in TG (first butch), then cliff (blocking) for two months, then another 25% and again for six months, etc.

Other Important Terms

NFT

These are non -replaceable tokens. Each of these tokens is unique, inseparable and exists in the singular.

Scam

A fraudulent cryptocurrency project, which organized a fundraiser, but at the same time violated a number of obligations - in fact deceiving investors.

Steblcoins

These are cryptocurrencies that are universally recognized and attached to traditional fiat currencies, for example, to the dollar. Examples: USDT, USDC, DAI, BUSD, etc. Due to the fact that these cryptocurrencies are tied to stable assets, they are assigned the corresponding name "Stable coins" or "stabiboins".

Blockchain

Blockchain is most simply defined as a decentralized, distributed ledger technology that records the provenance of a digital asset.

Pump and dumps

This is a strategy, the essence of which is to increase the cost of the coin (smell), and then sell, that is, drop the coin (ask).

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