Important Blockchain and Crypto Terms to Know!

Crypto is a a school is a new day and has many a new language, after here is a list of 100+ the language Blockchain common variable!

Information in crypto is very diverse and has many novelty terms, to make it easier for you to understand the terms as well as research project information.

Idolmeta.net has compiled a list of important and commonly used Blockchain terms in the crypto market for your reference.

Altcoin

Altcoin is a collective name for cryptocurrencies other than Bitcoin. Most of the previous Altcoins were improved versions of Bitcoin.

Currently, Altcoins are Utility Tokens (multi-use tokens) representing a project and have value for use in the project’s ecosystem.

For example, LINK token is used to pay Node Operator, BNB is used to pay transaction fees on Binance exchange.

AMA

AMA stands for Ask Me Anything

Ask Me Anything, is an online event that answers community questions. AMA can be Livestream, or live answering on Facebook, Telegram… answering questions.

Airdrop

Airdrop is a form of giving away free tokens to users. Some common Airdrop images are: Retroactive, Hold & Stake master tokens, Perform tasks as required by the project, etc.

Airdrop is often used in advertising strategies, introducing ICO projects to attract users to participate in the coin project community.

ASIC

An ASIC (Application-Specific Integrated Circuit) is a specialized integrated circuit manufactured specifically for a specific purpose.

For example, Bitcoin ASIC miner, this is the miner that works with the most optimal mining performance because all of their resources will be concentrated to fulfill one need, which is Bitcoin mining.

ASIC miner.

ATH – The highest of all time

ATH (All Time High) is the highest point (be it price or capitalization) that a coin, stock, etc. has reached in its price history.

For example, Bitcoin’s ATH is $68,000.

Aggregator

Aggregator is a platform that aggregates many different features. For example, you can swap, lend, etc.

Algorithmic Stablecoin

Algorithmic Stablecoin is a new model of Stablecoin, with the mechanism of keeping the price at $1 based on the algorithm, not the underlying asset.

An example of an Algorithmic Stablecoin is UST with the supply and demand of LUNA increasing and decreasing to keep the price of UST.

BAGHOLDER

BAGHOLDERs are people who hold coins in bulk waiting for the price to rise and sell in the future.

Bottom Fishing

Bottom Fishing is the act of buying at low prices by investors. Thinking that point is the lowest possible price and hoping the price will go up again to make a big profit.

Blockchain

Blockchain is a decentralized database that stores information in blocks that are linked together by encryption and expand over time.

Simply put, Blockchain is an electronic ledger distributed on many different computers, storing all transaction information, and ensuring that information cannot be changed in any way.

All information stored on that ledger will be verified by a series of computers connected in a common network. No machine will be able to change, overwrite or delete the data in that ledger.

Bull Market (Bullish)

Bull market (or Bullish) is a term for a market that is in an uptrend, with a rapid increase in the price of coins/tokens more than the historical average.

In particular, they increase for a long time in large volumes.

In Bull Market, the demand to buy will be greater than the demand to sell.

Bear market (Bearish)

In contrast to Bull market, Bear market (or Bearish) is a term indicating that the market is in a downtrend, at this time the price of coins/tokens will drop suddenly, continuously and for a long time.

In Bear Market, the demand to sell will be greater than the demand to buy.

Binary Option

Binary Option is the term for the game “binary options”, in which the user predicts the price of the candle in a short period of time, wins money, loses money.

Breakout – Breakout price

Breakout is a term in Technical Analysis that describes when price breaks through a support or resistance level.

The technical tools used to identify price breakouts can be moving averages, trend lines, price patterns (like head and shoulders, candlestick patterns etc.) other specifications.

Bridge – Blockchain Bridge

Literally, Bridge is a bridge between blockchains. The reason for this is that the assets on the blockchains will be of different standards, so they cannot be traded back and forth, which requires a bridge.

Learn more: What is a Cross-chain Bridge?

The Benefits of Bridge in Blockchain.

Circulating Supply

Circulating Supply is the total amount of Coins in circulation in the market.

CEX – Centralized Exchange

CEX stands for Centralized Exchange.

Managed by a 3rd party (the company or organization that owns the exchange), any electronic assets you deposit into your account on the exchange are managed and controlled by that company or organization. For example, Binance, Gate, FTX, Huobi, etc.

Child node

Child node is a type of node in Blockchain, extended from another node called Parent node.

Collateral asset

Collateral asset means collateral. Collateral is the assets of users deposited in the above projects to borrow money.

If you want to get collateral, you need to repay the loan with a part of the fee (depending on the project). Collateral assets are often seen with Lending projects like MakerDAO, Venus, Unit Protocol, etc.

Cross-chain

Cross-chain is a solution to help transfer assets from one chain to another, to optimize the ability to combine between chains and is often used for projects present on multiple blockchains.

For example, users can use Sushiswap’s services on Polygon, Ethereum, etc.

Cliff

This word is often found in the token release schedule section of projects. Cliff is understood as a token-locked period, people in this category will not receive any tokens.

Usually applies to tokens held by the team, advisors or investors.

For example: Team Allocation: Cliff 12 months, vesting 12 months, meaning the first 12 months there is no token for the team, from month 13 to month 24 will gradually pay 1/24 tokens.

CeDeFi

The combination of Decentralized Finance and Centralized Finance with applications acting as a bridge between CeFi and DeFi.

With CeDeFi, individuals and organizations can access the Crypto and DeFi markets more easily while ensuring compliance with legal regulations.

Dapp – Decentralized Application

Dapp (Decentralized Applications) is a decentralized application, these applications are built on existing platforms & protocols.

The Dapps will focus on solving the problem in a certain area and the tokens will be used inside the Dapp.

Since Dapps are built directly on the platforms, the nature of these decentralized applications will depend on those platforms. For example transaction speed, tps, scalability, stability.

Derivatives

Derivatives is the name of a financial instrument. It allows investors to trade multiple products based on price without owning the product.

Using derivatives allows investors to buy a much larger amount (leverage) of the assets they own.

For example: Oil derivatives trading, Bitcoin, weather,…

Some assets are tradable derivatives.

DeFi – Decentralized Finance

DeFi (Decentralized Finance) means decentralized finance. These are simply financial applications developed on the blockchain platform.

You are free to use any application, anywhere without depending on a trusted 3rd party like a bank because you are the one who holds your assets.

Peak swing

Peak swing is what Traders call when you accidentally buy a coin or token at the highest price, but then the price drops and you can’t sell it, leading to a long-term loss.

DYOR – Do your own research

DYOR stands for Do Your Own Research – which means do your own research and find out. It can be finding information about a project, researching whether to invest in that project or not.

DEX – Decentralized Exchange

DEX is a decentralized exchange, that is, when trading cryptocurrencies on DEXs, there will be no person or organization behind the operation, but only the buyer and the seller are linked together, not through any intermediaries, eg Uniswap, Sushiswap, PancakeSwap,… The opposite of DEX is CEX.

DAO – Decentralized Autonomous Organization

DAO stands for Decentralized Autonomous Organization – an organization operated by members based on a set of rules encoded in code (this set of rules can be consensus or smart contract).

All members have the right to vote on important decisions of the DAOs. In return, members participating in DAOs must have a reward for participating in the operation of DAOs.

You simply understand that these are many groups of people working together according to a set of rules to reach a common goal and there will be rewards for each person involved in that process.

How DAOs work.

On-chain data

On-chain data is the data of an asset on the blockchain, this metric can be the number of wallets holding tokens, the number of transactions in a certain period of time, the deposit and withdrawal status on the exchange, etc.

On-chain data is used to predict the current situation of an asset and from there make future hypotheses, whether the price will increase or decrease, how supply and demand will be, etc.

Discord

Discord is an application for exchange similar to Telegram, users can join to exchange with the community, projects, etc.

A special feature of Discord is that divided into each project, there will be smaller groups depending on the topic of discussion. For example, a place for general discussion, a place to discuss entertainment, a place to discuss project code, etc.

Ecosystem – Blockchain’s Ecosystem

Ecosystem is the ecosystem of blockchain.

The ecosystem in Crypto is a system of many products that connect and support each other inside a Blockchain, each Blockchain is like an infrastructure company, they will also want to develop a system. full ecology of self.

There is not exactly an exact definition of how many projects an ecosystem will have, but it is not too difficult to realize an ecosystem.

Some of the popular ecosystems today are Ethereum, Binance Smart Chain, Solana, Terra, Near, etc.

Solana Ecosystem.

Ethereum 2.0

Ethereum 2.0 is an upgrade of Ethereum with the move from POW (Proof-of-Work) to POS (Proof-of-Stake), to improve transaction speed and scalability on Ethereum.

Etherscan

Etherscan is a tool to track, search, and look up transactions that have taken place on the Ethereum Blockchain network.

Users can find information about all tokens, ERC-20 wallet addresses, transactions made, etc. on Ethereum through Etherscan.

Learn more: Etherscan Beginner’s Guide (detailed)

ERC-20

ERC-20 (Ethereum Requetst For Coment) is one of the technologies in the Ethereum Network system. This is the most common standard used for Smartcontracts on the Ethereum Blockchain when issuing Tokens.

In addition to ERC-20, there are other token standards on the Ethereum network such as ERC-721, ERC223…

EMA

EMA (Exponential Moving Average) is an exponential moving average, used in technical analysis. The EMAs can be viewed as resistance, support of the candle.

Fiat

Fiat money, also known as fiat money, is a currency issued by the government. Fiat has no intrinsic value, Fiat’s value is based on the country’s ability to use and financial strength.

The most powerful Fiat currency today is the USD issued by the US Federal Reserve (FED) under the guarantee of the US federal government.

Fibonacci

Fibonacci is an indicator in technical analysis that has its roots in a mathematical theory of 12th century Leonardo Fibonacci.

Traders often use fibonacci to draw support and resistance lines, find entry and exit points as well as take profit and stop loss positions.

FOMO – Fear of missing out

FOMO stands for Fear of Missing Out. This is a very common psychology of investors, present in most forms of trading from stocks, Forex, to cryptocurrencies,…

Full lock duration

Including the Cliff stage (if applicable). In most cases, without Cliff, full lock duration = vesting period.

For example, a team/seed token, after TGE usually does not start vesting immediately, but usually has a clift for a while.

If clift 12 months, vesting linear 24 months ie the first 12 months there is no coin distribution, then from 13 to 36 months receive 1/24 of the coins every month.

Full node

Full node has the ability to download a complete copy of a certain Blockchain network and check which new transactions are based on the consensus principle – Consensus.

Flash Loan – Quick Loan

Flash Loan is an uncollateralized loan with the condition that the loan amount must be returned to the lending platform in the same transaction.

To think simply, you borrow then do ABC with that loan, finally pay back the borrowed money all those activities are done in 1 transaction.

Read more: Benefits of Flash Loans and an interesting perspective on Flash Loans Attack

FUD – Fear, uncertainty, doubt

FUD stands for Fear, Uncertainty & Doubt, this is a state of anxiety, skepticism, uncertainty about the market of investors. This state often occurs when bad news of the market appears, which will cause investors to sell off.

FDV

FDV stands for Fully Diluted Cap, the calculation is to take the maximum total number of tokens of the project * the value of 1 token at that time. Usually, CoinGecko and CoinMarketCap both have FDV in each token.

Gas fee – Phí Gas

When a user performs any transaction on the blockchain (buying, selling, approving, …) and needs to put the transaction into the block, it needs to pay a fee, called the Gas Fee.

Gas fee is calculated based on Gwei, the bigger Gwei, the more gas fee will cost, but in return the transaction will be done faster.

Gas Fee will be different on each different Blockchain.

Gas war

Gas war is a term that refers to the action of many users intentionally increasing gwei, paying more to complete the transaction.

This affects the blockchain network, because other users will have to pay much more expensive fees for the transaction to take place. Gas war action is usually done by bots.

Hackathon – Software Development Competition

Hackathons are competitions for developers, creating potential projects for a certain ecosystem. There will be prizes for the projects, judged by the judges.

Some examples of hackathons are: Terra’s DeFi Connected Hackathon, Solana Season Hackathon, etc.

Halving

Halving is the block reward halving event. About every 4 years, Bitcoin goes through this important event, called the Bitcoin Halving.

This is a feature that simulates the gold mining process, increasing the scarcity and difficulty of mining. Not only Bitcoin, Litecoin and some other coins also have such halving events.

Hard Cap – Maximum mobilized capital

Hard Cap is the maximum amount of capital that the project wants to raise through ICO, IEO…

Hard fork

A hard fork is an update of the Blockchain system that will cause conflicts with the old version, which results from a Blockchain system being split into two systems.

A popular hard fork of Bitcoin is Bitcoin Cash, Bitcoin Cash Hard Fork out of Bitcoin to raise the block’s data to 8MB.

Hodl/Hold Coin

Hodl (Hold on to dear life) or Hold coin is a term in the crypto market that refers to holding cryptocurrency.

Hold coin is a form of long-term investment, investors buy and store for a long time waiting for the price to increase. Some common examples of this word: “Hold to die”, “Hodl or discharge”, “Hold to die?”…

Holders are often referred to as Holders. The opposite of Holder is Trader.

HYIP – Super Profitable Investment Program

HYIP stands for ‘High Yield Investment Programs’, ie super profitable investment programs, but almost 100% of investment trust projects with large profits will be scams.

ICO – Initial Coin Offering

ICO (Initial Coin Offering) means the initial issuance of coins, this is a way of raising capital in the Crypto market.

Similar to IPO (Initial Public Offering) is a form of raising capital of companies through the initial issue of shares.

IDO

IDO is an acronym for Initial Decentralized Exchange Offering. This is also a form of fundraising, but the place to raise capital is not a centralized exchange (Centralized Exchange) like Binance, but decentralized platforms like Polkastarter, Poolz, Dao Maker, ..

IEO

IEO is an acronym for Initial Exchange Offering, it is like ICO, also a form of fundraising. But IEO is crowdfunding through the offering of tokens on exchanges.

You are probably familiar with Binance Launchpad, the projects listed here are all offered for sale in the form of IEOs, some recent projects such as Injective Protocol (INJ), Sandbox (SAND),…

IFO

IFO is an acronym for Initial Farm Offering. Similar to IDO, ICO is also a form of fundraising. But IFO will use LP token (token received when providing liquidity) to make tickets to IFO.

IPO

IPO (Initial Public Offering), literally means “Initial Public Offering”.

This term is used to refer to a company that raised funds widely from the public for the first time through an initial public offering of shares and listing on the stock exchange.

Impermanent loss (IL)

Impermanent loss is sometimes translated as “impermanent loss” in some places, which refers to the decrease in the value of an asset when compared to providing liquidity and buying it in the wallet, doing nothing.

This term became popular around August 2020, when the Yield Farming movement became hot.

KYC – Identity Verification

KYC (Know your customer) means know your customer, is a regulation that forces companies operating in the Crypto market to know about their customers.

This regulation is for governments to combat money laundering and illegal activities in the virtual currency market.

KYC aims to combat money laundering and illegal activities in the virtual currency market.

Layer

Layer refers to blockchain layers. Layer 1 is the blockchain, Layer 2 is the solution to the limitations of Layer 1.

Layer 2 currently only appears in Ethereum because of the disadvantages of high transaction fees, easy congestion, not scalability, etc.

Leaf node

This is also a type of node inside the Blockchain. Leaf node is a node that has no child nodes.

Launchpad

Launchpad is where current projects use to issue tokens and raise IDO capital, including a few names such as Polkastarter, DAO Maker, Solstarter, BSCPad, etc.

Leverage

Leverage is a lever, only users borrow money from the exchange to go long/short.

This will help players with less capital to make more money if the price moves in a favorable direction (Long, the price goes up, or short, the price goes down), but also makes the player lose money when the price moves in the opposite direction (Long. and the price goes down, or short and the price goes up).

Liquidity

Liquidity is the liquidity on the DEX or CEX exchange. If there is a lot of liquidity, it means that the transaction will not be deviated too much, due to the high demand for trading in the market.

An example of a highly liquid asset is BTC and ETH, if traded in an amount of about $10,000, it will not make the market fluctuate much, but if you use $10,000 to buy newly launched tokens, it will push the price up very high because it does not. anyone sell.

Liquidity Provider

These are the people who provide liquidity for the DEX (Uniswap, Sushiswap, …), in return they will receive a part/full transaction fee, possibly with some other benefits such as project tokens.

However, this, if not carefully calculated, will lead to Impermanent lost.

Long – Leveraged buy

Long is the act of borrowing money from the exchange under a certain leverage to buy an asset, then wait for the high price to sell and return the capital (with borrowing fee) to the exchange.

Example: Player has $100, using x10 leverage, means borrowing $900 floor to generate $1,000 capital.

Then when the asset price goes up, close the long order, sell it and return to the floor $900 + fee, profit and capital will belong to the player.

However, if the asset price drops sharply, will be liquidated and lose $100 of capital. This is a high-risk, high-return trading method.

Mainnet

Mainnet is the official network – the official Blockchain version after the developers (developer) tested on the testnet successfully.

When the mainnet is released, it means that the coin has an independent Blockchain network, has its own wallet platform… However, the mainnet can be changed when new updates from the project team appear.

Margin – Leveraged trading

Margin (or Margin Trading) is a way of trading to borrow assets of the floor to raise capital, after taking profits or being liquidated, the assets will be returned to the floor. Margin includes long/short (buy, sell short).

Mint

Mint means mining, creating tokens, can be found in projects that require the use of collateral to borrow the desired token (mint).

Money Flow

Money Flow is understood as the money flow of the market in general. When money flows into an ecosystem, it causes the tokens in the system to increase in price. Can be understood as “water on the boat up”.

Multichain

Multichain refers to projects that are built to integrate with multiple blockchains, which makes it possible for assets on different blockchains to use the project’s services without converting to a specific blockchain.

Market cap

Market cap is the capitalization value, calculated by the formula Coin Price x Number of coins in circulation.

MasterNodes

These servers perform different functions on the system. In reality, masternodes are Blockchain wallets, running online at a fixed static IP address.

Minning, Minner

Mining is the activity of mining coins and Miners are the participants in mining.

MMO

MMO is an abbreviation for “Make Money Online”, also known as making money online.

This is a job where you use a computer or phone (mostly computers) with an Internet connection to do jobs with the ultimate purpose of making money.

NFT

NFT stands for Non-fungible token, which means that the token is non-fungible. For example, a $5 bill of yours A would be exchangeable for your $5 bill B because of the same value (that’s an example of a fungible token).

But a house of friend A cannot be exchanged for house of friend B because of completely different properties (which is an example of a non-fungible token).

NFT is often used for art, games are mainly with different formats such as ERC721, ERC1155,…

Learn more: What is NFT? NFT Trend Overview (2022)

Non-custodial

Non-custodial usually refers to DEXs and wallets that do not store user funds. That is, the manufacturer only has to create the product, the user will keep his property.

Unlike DEX, which is CEX, users have to create an account and deposit money on the exchange, which means that the exchange will keep this amount.

Another thing that distinguishes Non-custodial and Custodial is whether the user holds the passphrase, the private key of the wallet or not. If yes, then it is Non-custodial.

Learn more: What is a Private Key and Passphrase? The safest and most secure way to store

OTC

OTC (Over the counter) is a term used to refer to a decentralized market. That is, buying and selling outside of traditional exchanges. The OTC can be an individual broker, or an authorized OTC trading company.

Example: Like Huobi’s C2C platform, Binance OTC… a personal OTC broker that can offer you the service of buying and selling BTC, USDT or securities – directly with Euro through Banking.

Oracle

Oracle is an important piece in DeFi, projects working on Oracle will help other projects in crypto be able to update data in real life. Examples of projects working in this area are Chainlink, Band Protocol, DIA, etc.

Order-book

It can be visualized that this is an order book, if a user wants to buy or sell something, then create an order, the order will be listed, and wait for other users to buy/sell. An example for an exchange using Order-book is CEX such as Binance, FTX, Huobi, Kucoin, etc.

Parent node

The node contains the extension nodes (child nodes).

Pump & Dump

Pump and Dump are understood as a form of market manipulation.

• Pump: “Make prices”, “pump prices” the market up.
• Dump: Lower the market price to a catastrophic level by releasing large quantities of goods on the floor.

Pump & Dump is very popular in markets like stock, forex, Crypto even gold.

Pump (pump price up) and Dump (push price down) are actually illegal behavior. However, the crypto market does not yet have a legal framework, so this situation often happens.

Pool

Commonly found in DEX and Lending projects. Pool refers to a “lake”, where users put assets in and wait for others to buy, sell and borrow according to their needs.

In return, the person who puts assets into the pool is called a Liquidity Provider, and receives a transaction fee.

PoA – Proof of Authorization

PoA stands for Proof of Authority, ie proof of authority. It is a reputation-based consensus algorithm that offers a practical and efficient solution for blockchain networks.

PoB – Proof of Burn

PoB stands for Proof of Burn. This is an alternative consensus algorithm that tries to solve the power consumption problem of POW.

Instead of using miners, miners need to burn or destroy tokens, allowing them to write blocks proportional to the burned coins.

PoD – Proof of Developer

PoD stands for Proof of Developer. This is a mechanism that was developed back in 2014.

As a means for crypto projects and ICOs to verify that they are actively managed by the developer(s). PoD in Crypto is often confused with Proof of Delivery in finance.

PoS – Proof of Stake

PoS stands for Proof of Stake, ie proof of stake. This is a form of mining based on the number of coins held. Holders of 5% of coins can mine 5% of coins.

PoW – Proof of Action

PoW stands for Proof of Work, ie proof of work. This is a form of mining based on the power of the computer. The machine with more powerful capacity will dig more.

Ponzi

Ponzi is a multi-level pyramid scheme. Ponzi works by paying high interest rates to investment participants.

In essence, taking money from the latter to pay the former. When it is not possible to pay interest to investors, the Ponzi project will scam not for investors to withdraw capital.

Examples of Ponzi projects: Bitconnect, Ifan, Pincoin…

QR code

QR Code stands for Quick response code. This is a form of fast response barcode. It has a square shape commonly used to encode web page links.

Root node

The highest node in the Blockchain network.

Rekt

Rekt is a concept to refer to failure or to show someone’s defeat or defeat. In coin trading, people use the word Rekt to refer to a heavy loss.

ROI

ROI stands for Return On Investment, which is a rate of return metric. Simply put, “profit” – profit (in %) on the total amount invested.

Sibling node

The node connects to the same large node – parent node.

Satoshi

Satoshi Nakamoto is said to have created Bitcoin. Satoshi or sat is also the smallest currency of Bitcoin: 1 BTC = 100,000,000 sat.

Shill – Pump blowing news

The shill is the former currency of Great Britain and Austria. However, in Crypto this term refers to the act of inflating news about the project in order to increase the value of a certain coin.

Smart contract

Smart Contract is a term that describes the ability of a computer system to make terms and enforce agreements on its own using Blockchain technology.

The whole process of Smart Contract is done automatically and without outside intervention.

Soft fork

Soft forks are software changes that are compatible with the old interface. Usually does not require users to upgrade to the latest version of the current interface.

However, upgrading will help your software overcome the limitations of the old version and increase compatibility with new applications.

Stablecoin

Stablecoins are coins that are pegged to a fixed asset to stabilize the cryptocurrency market.

Stablecoins must be backed by the assets it “anchored” such as gold (Digix Gold Tokens – DGX), some fiat currency (Tether – USDT), or other cryptocurrencies (MarketDAO – DAI).

Short – Leveraged Sell

In contrast to Long, Short only acts to borrow assets of the exchange according to a certain leverage and sell immediately, then wait for a low price to buy back to the floor (with borrowing fee).

Example: Player with $100, using x10 leverage, means borrowing an asset equivalent to $900 from the floor, then selling off $1,000.

When the asset price decreases, close the short order, buy it back and return to the floor the above asset + fee, profit and capital will belong to the player. However, if the asset price rises sharply, it will be liquidated and lose $100 of its capital. This is a high-risk, high-return trading method.

Testnet – Test Network

Testnet is a test network – a version of Blockchain for developers (developers) to test new features without affecting the current protocol.

Usually, any coin has its testnet for testing new features.

Trader

Traders are traders in general. But sometimes, traders are usually short-term investors, who can buy and sell over a period of days, weeks or months, or use margin as a trading tool.

The opposite of Trader is Holder.

TVL – Total value locked

This term appeared when the DeFi trend formed, Total Value Locked (TVL) refers to the total value of assets deposited by users into DeFi projects, which mostly belong to DEX and Lending through providing liquidity.

You can check the current TVL at defillama.com or defipulse.com.

Vesting

This word is often found in the token release schedule section of projects.

Vesting is understood as a period of time when tokens are paid in installments, people in this category will receive tokens gradually, until the final point is to receive all tokens. Usually applies to tokens held by the team, advisors or investors.

For example: Team Allocation: Cliff 12 months, vesting 12 months, meaning that the first 12 months there is no token for the team, from month 13 to 24 will gradually pay the token.

Vesting period

Token phase is distributed according to vesting schedule.

For example, linear vesting by month for 12 months ie get 1/12 of total tokens each month

Volatility – Market Volatility

Volatility is the volatility of the market. This is an index that measures the price volatility of a traded financial asset such as stocks, cryptocurrencies, gold…

The higher the volatility index, the more susceptible the asset’s value is to sudden changes (increase/decrease) in a short period of time.

Cold Wallet

A cold wallet is a wallet that manages an offline secret key that has been completely disconnected from the Internet.

Hence no external environment involved and no risk of hacking except for some chance of connecting to the Internet when sending and receiving funds.

Volume – Trading volume

Volume (or trading volume) is a metric that measures the volume of money traded in a certain time frame.

Trading volume is calculated as the total amount of coins/tokens bought and sold in a certain period of time.

Whitelist

Whitelist can be said to be an indispensable term if you invest in an ICO. In a word, Whitelist is a white list.

It means that you can participate to buy tokens in the fundraising of that project.

And usually you need to complete KYC to be on this list.

Yield Farming 

Yield Farming is a small branch in DeFi, a form of brother making profit by borrowing or lending his assets on DeFi protocols.

YTD

YTD (Year to date) is an index that refers to a period starting from the first day of the current year or fiscal year to the current date.

Summary

The above are common Blockchain terms commonly encountered in Crypto, you can comment below if you find any terms missing idometa.net will add them right away!