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