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
"Decentralized autonomous organization", which is controlled by smart contracts. DAO does not imply a hierarchy, the organization’s data operate transparently according to the rules prescribed in the code. In order to become a member of the DAO and have the right to vote, it is necessary to purchase native tokens, the more tokens, the greater the weight has the voice.
This is the ratio of market capitalization of bitcoin to the sum of the market capitalizations of all cryptocurrencies.
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.
This is a set of 12–24 words in a certain order that generate private keys for wallets according to various algorithms. This phrase must be stored very reliably and not showed anyone.
This is a standard for non -replaceable tokens (NFT) in the Ethereum network. Each separate token ERC-721 is unique in its own way and cannot be replaced by another token. This type of tokens is used for collecting, real estate, paintings and art as a whole.
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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