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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

Diamond Hands

This is an investor, with strong hands, who, in spite of everything, holds coins. The term denotes a strong player in the market

Other Important Terms

Degen

This is an investor who does not have competencies, skills and experience in the field of investment, in connection with which he makes many mistakes and invests anywhere, ignoring the study of projects and investment strategy.

Paper Hands

This is an investor with weak hands that gets rid of coins at the first panic and detecting increased risk

Scam

A fraudulent cryptocurrency project, which organized a fundraiser, but at the same time violated a number of obligations - in fact deceiving investors.

Node

A computer (server) connected to a blockchain and performing the functions of confirming transactions, creating blocks and storing copies of blockchain. In order for the computer (server) to become a node, it is necessary to install special software.

Fomo

The abbreviation, which is deciphered as a syndrome of lost opportunity or benefit. The negative emotional state that occurs in the crypto -investor if he did not take advantage of the presented opportunity to earn or profitably invest his funds. The peak manifestations of this state are manifested when the entire network literally buzzes about incredible Xs, that is, profits, and this user only remains, what to consider other people's earnings.        

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