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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

Hodl

This is a crypto -investor strategy entitled "Remove cryptocurrency and keep it, no matter what." This term was formed in distant cryptocurrency times, when one of the users of the network made a typo in the word "Hold" (hold). The story was encouraged and became a meme, and the word migrated to the slang of the crypto -investor. It is permissible to use both options: Hold and Hodl. Holding (worthwhile) means holding cryptocurrency on the wallet and not selling. Holder (Kholer) an investor who adheres to this strategy.

Other Important Terms

Hot wallet

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

Insight

This is a phenomenon, which is a spontaneous finding solution of any problem that arose as a result of

Airdrop

An airdrop is a way to distribute coins. End users can generally get coins for free or in exchange for a small task, such as subscribing to a newsletter, sending a tweet or inviting other people via a personal affiliate link.  

Pool

1) Mining Pool (Mining Pool) is the association of miners in order to simplify the production of cryptocurrencies. 2) Poole as a common fund. Investors create similar funds, invest their resources (this is not necessarily money, possibly investing their own time) in this fund and on behalf of the fund invest, for example, through tokens. The allocation won is distributed between the participants in the pool in proportion to the invested resources.        

IRL

The abbreviation denoting what is happening in real life (outside the Internet) - is used in correspondence or as a hashtag on a tweeter

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