45 Basic Crypto Terms
I. Basic Concepts
1. Blockchain
- A public ledger that records all transactions.
2. Bitcoin
- A pioneering digital currency launched in 2009.
3. Ethereum
- A platform for developing smart contracts and decentralized applications (dApps).
4. Smart Contracts
- Self-executing contracts in code.
5. Tokens
- Digital assets or rights on a blockchain.
6. DApps
- Decentralized applications.
7. DeFi
- Decentralized financial services.
8. Cryptocurrency Wallets
- Tools for storing and managing digital currencies.
9. Public & Private Keys
- Key pairs that protect assets.
10. Addresses
- Account addresses for sending and receiving currency.
II. Mining and Consensus
11. Miners
- Solve algorithmic problems to verify transactions.
12. Proof of Work (PoW)
- Proof of legitimacy through computational work. 14. Fork C - A permanent divergence in a blockchain.
15. Soft Fork & Hard Fork Identification - A change in blockchain compatibility.
III. Market and Investment
16. ICO w - A digital currency issuance similar to an IPO.
17. Initial Token Offering (IEO) - A token sale conducted through an exchange.
18. Airdrop - Free distribution of currency or tokens.
19. Token Standard - Defines the rules governing the operation of a token on a blockchain.
20. DAO22 - Autonomously governed blockchain organization.
21. Stablecoin - A digital currency with a stable value.
22. Non-Fungible Tokens (NFTs) - Unique digital assets.
23. Liquidity Mining - Rewards for providing liquidity.
24. Cross-chain Nation - Interoperability between different blockchains.
IV. Trading Platform
25. Cryptocurrency Exchange (NL) - A platform for trading different digital currencies.
26. CEX & DEX - Centralized and decentralized trading platforms.
V. Wallets & Security
27. Cold Wallets & Hot Wallets - Secure and convenient storage options.
28. Mnemonic Phrase - Key phrase for recovering a wallet.
29. HODL - Hold long-term without selling.
30. FUD & FOMO Ren
》-Negative sentiment affecting market sentiment. $ETH $BTC #加密市场回调 #以太坊十周年