For this article we bring you a dictionary with key terms in the world of cryptocurrencies.
A decentralized digital registry that ensures the transparency and security of cryptocurrency transactions.
A form of digital currency that uses cryptography to secure and verify transactions, as well as to control the creation of new units.
The first decentralized cryptocurrency, created in 2009.
A smart contract platform and cryptocurrency, which allows developers to create decentralized applications on its blockchain.
A software or hardware that allows users to store, send and receive cryptocurrencies.
The process of solving complex mathematical problems to validate transactions and add them to a blockchain network, in exchange for a reward in the form of new units of the cryptocurrency.
A public address on a blockchain network that is used to receive cryptocurrency transactions.
A secret key used to access and authorize transactions in a cryptocurrency wallet.
The amount of processing power devoted to mining in a blockchain network.
The reward in the form of new units of the cryptocurrency that miners receive for validating a block.
An online tool that allows users to explore the details of transactions and blocks in a blockchain network.
A method of storing cryptocurrencies that stores them on a device without an Internet connection for increased security.
A term used to describe any cryptocurrency other than Bitcoin.
A period in which cryptocurrency prices increase significantly.
A period in which cryptocurrency prices decrease significantly.
The fact that a blockchain network does not have a single central control point, but is controlled by multiple nodes in the network.
A digital asset that represents a unit of value in a blockchain network.
A type of cryptocurrency whose valuation is pegged to a fiat currency or backed asset, to minimize volatility.
The ability to buy or sell an asset quickly and without significantly affecting its price.
A software program that runs on a blockchain and enables transaction automation.
A unique and unrepeatable type of token that represents a digital work of art, a virtual asset, or a digital property.
A unique numeric representation generated from the information in a transaction or block on a blockchain.
A sidechain in a blockchain network that allows the transfer of assets from one blockchain to another securely and privately.
A computer or device that participates in a blockchain network, validating and storing transactions and blocks.
An event in a blockchain in which the network splits into two different versions, due to a change in the rule agreed upon by the nodes.
An additional network layer on top of a blockchain that enables transactions to be carried out quickly and efficiently.
A marketing strategy in the world of cryptocurrencies, in which tokens are given away to users to encourage their use.
A technical document that describes in detail a new cryptocurrency or blockchain technology.
A block on a blockchain that is not part of the main chain, due to a divergence in network consensus.
The study of the economic incentives that drive a blockchain network or cryptocurrency. DAO: An autonomous decentralized organization that relies on a blockchain network and smart contracts to make decisions and conduct transactions.
A decentralized exchange, in which users have full control of their funds and transactions, without third party intermediation.
A consensus algorithm in a blockchain that requires nodes to perform intensive computation to validate transactions and create new blocks.
A consensus algorithm on a blockchain that requires nodes to deposit tokens as collateral to validate transactions and create new blocks.
A secret key that allows users to access and control their assets on a blockchain.
A public address on a blockchain that allows users to receive assets and transactions.
An online service that gives away small amounts of cryptocurrency to users to encourage their use and knowledge.
Large investors or groups of investors who have great control over the price of a cryptocurrency due to their high ownership.
A scalability technique in a blockchain that divides the network into smaller parts to improve its speed and efficiency.
A group of miners who share their computing power to validate transactions and create blocks more efficiently.
Specialized equipment for cryptocurrency mining that uses specialized hardware to solve the necessary calculations.
A scheduled event on a blockchain that halves the miners' reward for transaction validation and block creation.
A record on an exchange that shows the bids and offers to buy and sell an asset, and their corresponding price and quantity.
The total amount of assets traded on an exchange in a given period.
The market capitalization of a cryptocurrency, which is calculated by multiplying the current price by the total amount of tokens in circulation.
A term that comes from a typo in an online forum, it has become a mantra for cryptocurrency investors who hold their assets for the long term.
A temporary correction in the price of a cryptocurrency, usually following a price rally.
A trading strategy in which investors buy and sell assets over a period of several days or weeks, seeking to take advantage of short-term fluctuations in prices.
A trading strategy in which investors make many trades in a very short time frame, seeking small but frequent gains in price movements.
The availability of an asset to be bought or sold in the market without significantly affecting its price.
A fraudulent strategy in which a group of people mass buy a cryptocurrency with the aim of artificially increasing its price and then sell their assets at a higher price, leaving the buyers with a cryptocurrency with an artificially inflated price.
A contract in which two parties agree to buy or sell an asset at a specific time in the future at an agreed price.
A contract that gives its buyer the right, but not the obligation, to buy or sell an asset at a specified price at a specified time in the future.
Financial instruments based on the value of an underlying asset, such as stocks, indices or cryptocurrencies.
A trading strategy in which investors use a loan to increase their exposure to an asset and potentially earn higher profits, but also face greater risks.
A private trading market in which participants can make large transactions without disclosing their intentions or prices to the public.
A trading strategy in which investors borrow funds from a broker to increase their exposure to an asset and potentially earn higher profits, but also face greater risks.
The difference between the purchase price and the sale price of an asset on an exchange.
The fee charged to users who create buy and sell orders on an exchange, which helps maintain market liquidity.
The commission charged to users who execute buy and sell orders that create the Taker Fee.
A second-layer solution layer in the Bitcoin network that enables fast and inexpensive transactions without waiting for confirmation from the core network.
A peer-to-peer transaction between two different cryptocurrencies without the need for a central exchange or intermediary.
A movement that uses blockchain and smart contracts to offer decentralized financial services without intermediaries.
An investment strategy in which users lend their cryptocurrencies to DeFi protocols to earn interest and rewards in the form of other tokens.
A cryptocurrency wallet that allows users to interact with decentralized applications on the Ethereum blockchain.
The process of representing physical or digital assets as tokens on a blockchain.
The process of issuing and selling cryptocurrency tokens to investors to fund projects and startups in the cryptocurrency space.
An upgrade to the bitcoin network that separates transactional data from information about the direction and amount of transactions, improving the efficiency and scalability of the network.
The measure of the processing power of a cryptocurrency mining system.
A hardware device specially designed to perform cryptocurrency mining tasks with high efficiency.
A cryptocurrency mining system consisting of several ASIC devices connected and optimized to work together.
The process of leasing mining capacity in remote data centers to perform cryptocurrency mining.
A major update to a blockchain that requires a change in the consensus rules, which may result in the creation of a new currency or a fork in the blockchain.
An upgrade on a blockchain that is backward compatible, allowing the network to continue to operate without interruption.
An attack on a blockchain in which a group of miners controls more than 51% of the network's processing power, allowing them to control transaction validation and potentially manipulate the blockchain.
Decentralized applications that run on a blockchain and use smart contracts to automate processes and enable peer-to-peer interactions without intermediaries.
A decentralized organization that runs on a blockchain and uses smart contracts to automate processes and decision making, without the need for a centralized structure.
