Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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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".

Other Important Terms

Insight

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

IEO

This is a format for attracting investments in which the sale of tokens of tokens of a project is organized and controlled by a centralized exchange, for example, Binance.

Bitcoin domination

This is the ratio of market capitalization of bitcoin to the sum of the market capitalizations of all cryptocurrencies.

Hamster

A beginner, neophyte, a person who has no competencies, skills and experience in the cryptocurrency industry. As a rule, a very naive, lazy and unpromitative, in connection with which it becomes a victim of fraudulent projects in this area.

IDO

This is a format for attracting investments in which the sale of tokens to investors of any project is organized on a decentralized exchange, for example, Pancakeswap. ILO (Initial Liquidity Offering) - a type of IDO when funds are sent to the liquidity pool

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