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
A huge order for a purchase or sale that can stop, respectively, a growth or fall in the course. It happens that the walls are the manipulation of whales to confuse hamsters.
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.
With digital currency, there is a risk that the holder could make a copy of the digital token and send it to a merchant or another party while retaining the original.
An altcoin is any cryptocurrency or token created after the Bitcoin was developed.
The block reward is the payment that is offered to the node that is securing the blockchain. In the case of Bitcoin, which is has a Proof-of-Work consensus algorithm, these would be the miners. The payment is in the form of the native cryptocurrency of that blockchain. The amount is a predetermined reward per block, but often that is supplemented with the fees that are paid for the transactions that block contains. For Bitcoin the current block rewards are cut in half every four years. This is called the ‘halvening’.
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".
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