#TradingTypes101 Here's 100 words about crypto:

Crypto uses cryptography to secure transactions and control new unit creation. It's decentralized, allowing peer-to-peer transactions without central authorities. Key terms include:

- *Blockchain*: A public ledger recording transactions

- *Mining*: Validating transactions and adding blocks to the blockchain

- *Wallets*: Storing, sending, and receiving cryptocurrencies using public and private keys

- *Altcoins*: Alternative cryptocurrencies to Bitcoin

- *Tokens*: Digital assets issued on existing blockchains

- *Smart Contracts*: Self-executing contracts with terms written directly into code

Some popular crypto slang terms include HODL (hold on for dear life), FOMO (fear of missing out), and DYOR (do your own research).¹