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 a strategy, the essence of which is to increase the cost of the coin (smell), and then sell, that is, drop the coin (ask).
This is the stage of waiting for a transaction. For example, the user sent funds to another wallet, but immediately this transfer will not occur, because for some time this transaction is checked by special services, and is in processing. On the user side, this transaction will be marked with "Pending".
Bullish (from the English. Bullish - bull)
The term that means optimistic mood and faith in the development of a separate token, project or the entire market.
This is the standard of tokens in the BSC blockchain (Binance Smart Chain).
Bounties are simple tasks of jobs by the team behind a coin. These can be as simple as joining a Telegram channel or by (re)tweeting. It could also be a bit more difficult like a translation job for example. The participants receive rewards in the form of coins in exchange for completing these bounties.
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