Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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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.

Other Important Terms

IGO

A variety of ICO, in which blockchain-game acts as a project

Tokenomics

This is the economic model of token, which sets out the main aspects associated with the creation of token, its distribution, management, etc.

Activity

A certain procedure in which you need to participate in order to receive projects at an early stage (subscribe to social networks, fill out the form/glimas, participate in the twist, raise the node, participate in the Ambassador program, come to the shade, participate in the lottery on the tokensele)

Boyarin

Аn investor who made more x20 and earned a large amount of money an investor who received a large number of tokens due to the performance of activities (for example, twin), which has grown strongly in price Slove - the opposite of boyar - a person who does not have a large portfolio

BEP-20

This is the standard of tokens in the BSC blockchain (Binance Smart Chain).

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