Crypto Dictionary
easy goto page for additional crypto knowledgebase!

This is a security measure by means of an extra check in addition to your username and password. Usually in the form of a code or fingerprint. In many cases, the account is linked to a mobile phone number or a special authentication app. A 2FA can also consist of sending a confirmation email to your email address.

An interface between two binary program modules, often one program is from the database and the other is used by the user.

An 'abstract' is a summary of a (technical) document. A logical place is the start of a 'white paper' to briefly describe it.

You need an account to log in to a website or computer. This consists of a username and a password. In the cryptocurrency world, a private key is normally sufficient to log in to the wallet.

An address is comparable to a bank account number. It is a unique collection of numbers and letters. You need this identification code to be able to perform a blockchain transaction and is unique for each owner.

ADDY means “Address”.

AES stands for Advanced Encryption Standard and 256 stands for the key size (length) of 256-bit. AES is an encryption technique used to encrypt data and is used in most modern encryption protocols and technologies. SSL is an example of such technology. It is also used in algorithms that apply to blockchain, such as Bitcoin (SHA-256) for example.

AES stands for Advanced Encryption Standard and 256 stands for the key size (length) of 256-bit. AES is an encryption technique used to encrypt data and is used in most modern encryption protocols and technologies. SSL is an example of such technology. It is also used in algorithms applicable to blockchain, such as Bitcoin (SHA-256) for example.

An airdrop is a way to distribute coins. End users can generally get these for free or in exchange for a small task, such as subscribing to a newsletter, sending a tweet or inviting other people via a personal affiliate link.

The algorithm is a way of solving a task using data processing and calculations. There are different types of algorithms in use by blockchains.

Alphanumeric is something, such as a code or password, that consists of both letters and numbers.

All cryptocurrencies now exist aside Bitcoin.

AMA is the abbreviation for "Ask Me Anything". This refers to a set of questions that can be asked to a person or team. Within the crypto world, this is a commonly used method to answer questions from the community. The answers can be given via a YouTube livestream, but also in writing in a blog post or on Reddit.

This is an important theme within the blockchain world. For example, Bitcoin transactions are anonymous to a certain extent, but the transactions are permanently visible in the blockchain. Eventually it will be able to be linked to a person. This has led to the emergence of privacy coins, such as Monero and PivX. Anonymous could also refer to an international group of activists and “hacktivists” who have perpetrated several (DDOS) attacks on agency and government websites in recent years.

AML is the abbreviation for "anti-money laundering". AML stands for the policy and the laws and regulations regarding money laundering. This prevents illegally obtained funds from being converted into a legal variant. Within the crypto world, it is no longer unusual that AML techniques are used by exchanges and wallets. This term is often used written as AML/KYC, where KYC stands for 'Know your customer'.

In the cryptocurrency scene, “aping” or “ape” refers to taking a position in a coin. It's a slang term commonly used in chats and on Twitter. For example 'What coin are you aping into?' would mean 'Which coin are you buying

A portion of a remote-controlled software that requests, sends, and responds to information on request.

APY is short for annual percentage yield, which is the total return earned on interest-bearing assets or a savings account. The projection of the APY percentage will also take into account the interest accrued during the year. With an APY of 5%, a deposit of $100 will be $105 after exactly one year.

Arbitration can take place when there is a difference in the price of a coin between exchange A and exchange B. A trader who capitalizes on this is also called an arbitrage trader. We at have tried for years to convert this into financial gain, but it seems unachievable.

Ashdraked means that someone has lost all their money to a certain position.

ENG: Hardware processors that can only perform one task, but can do it much faster than the normal CPUs that you also find in your computer.

AKA stands for Asymmetric Key Algorithm. This is a cryptographic system that uses a 'pair of keys', the so-called 'public key' (public) and the 'private key' (private).
The public key is required for both parties to perform a transaction.

The highest price a coin has achieved to date.

ATL is "all-time-low" and is the opposite of ATH, or "all-time-high". ATL is used to indicate that the price of a coin or the entire wallet of a person is at the lowest level ever in terms of value.

A technology that allows a user to exchange two different coins directly for each other without a third party or intermediary.

An audit is an official examination of an organization's accounts. The organization's records are examined and verified to be a fair and accurate representation of the transactions made. This is normally performed by an independent body. If it is done by employees themselves, there is an internal audit. Within we are working on various certifications that entail annual audits.

A bag holder is someone who has a position in a certain coin, which is not worth much anymore.
This is often accompanied by the hope that this position will become worth something again.

A bearish market means that the entire (crypto) market is in a downward spiral. The opposite of 'bearish' is called 'bullish'.

A bear flag is an indication on the price chart that the market is likely to enter a downtrend. This is the opposite of a bull flag.

A bear trap is the opposite of a bull trap. This is when there are false signals on the price chart that a downtrend is coming. This can be a trigger for traders to take a short position. However, the price will start to rise again and thus traders are trapped and lose money with their short positions.

A bear whale is someone who has a very large position in a coin, but has a bearish view. The bear whale will take every chance to sell bits of its position and that will prevent the price from rising significantly.

Bech32 is a Bitcoin 'Segwit' address format. These addresses always start with 'bc1' and thus bech32 addresses have become known as bc1 addresses. The format has not yet been widely implemented in wallets, so it is not recommended to use it until that situation changes.

A 'billion' in English 1,000,000,000 in numbers. Because this is such a big number, you could also say it's a thousand million. That’s a more understandable number for most people. All the coins in the top 10 have a market cap of over a billion.

BIP is the abbreviation of 'Bitcoin Improvement Proposal'. This is a standardized way to introduce functions and other issues, such as design issues. Due to the decentralized nature of Bitcoin and therefore the lack of a formal structure, this system is used to improve Bitcoin well-founded and with consensus.

Means that a transaction has been verified by the network and is (almost) irreversible. Transactions receive confirmation when they are included in a block and for each subsequent block. One confirmation is quite safe for everyday low-value transactions. For higher amounts, for example $1000 and above, you could wait for 6 or more confirmations. With each confirmation, the risk of rollback decreases exponentially.

Is a general unit used to denote a sub-unit of a Bitcoin - 1,000,000 bits equals 1 Bitcoin (BTC or ) This unit is usually easier for pricing tips, goods and services. Popularly calls this also Satoshi.

The first and most popular cryptocurrency is based on decentralized ledger storage in the blockchain.

A Bitcoin address is similar to a home or email address. It's all you need to give to others to enable them to send you payments via Bitcoin. An important difference, however, is that each address should only be used once for one transaction

A Bitcoin ATM is a physical ATM where you can exchange fiat money for cryptocurrencies and vice versa. You can of course get bitcoin in these types of machines, but Ethereum or Dash is often also available.

The result of a so-called 'Hard Fork' of Bitcoin. Bitcoin Cash (BCH) makes it possible to generate more transactions per second than Bitcoin. In November 2018, Bitcoin Cash itself also had a 'Hard Fork', from which Bitcoin Cash SV and Bitcoin Cash ABC emerged.

The first known Bitcoin purchase ever. At the time, this pizza was purchased for 10,000 bitcoins, which would be worth a fortune today. Every year we celebrate this with Bitcoin Pizza Day on May 22.

A block is a collection of transactions to be confirmed and a link in the block chain. For Bitcoin, on average, a block is added to the blockchain every 10 minutes - and thus a package of transactions confirmed - through mining/mining. This mining is called Proof of Work. There are also other blockchains that work on a Proof of Stake basis, where blocks are "forged" instead of "mined".

Bitgrail is an Italian cryptocurrency exchange. In February 2018, hackers stole Nano coins (formerly known as RaiBlocks) worth more than $170 million.

Bitpay ( is an American bitcoin payment provider. It enables (online) shops to accept Bitcoin and Bitcoin Cash as a means of payment without the risk of price fluctuations. This is achieved by converting payments directly and automatically into fiat money.

BitTube is an ad-free video platform that allows creators to monetize their content. It can be seen as an alternative to Youtube. Sometimes videos on Youtube are demonetized by the platform, causing some to switch or republish the video on BiTube.

Is a public archive of all Bitcoin transactions, in chronological order. The blockchain is shared by all Bitcoin users. It is used to verify the permanence of Bitcoin transactions and to prevent double spending.

A block is a file in which blockchain data such as transactions is stored. Each block is based on the previous block, making it a chain. That's why it's called "Blockchain". Most blockchains have a predetermined maximum file size per block. The first block in a blockchain is called the genesis block.

A block explorer is an online service to explore blockchain transactions. It is usually a website where you can see all the new blocks being created. You can also search for transactions and wallet addresses. The best-known block explorers are for Bitcoin and for Ethereum.

This is the number of blocks that form the distance between the current block and the first block ever created in a block chain, the so-called "genesis block".

The time it takes to decipher a new block. This time is kept constant by the difficulty adjustment algorithm (DAA.) For Bitcoin, the blocktime is currently 10 minutes. That is, a fixed amount of Bitcoin is created every ten minutes.

When the price suddenly breaks above the trendline, the expected price range that the various indicators predict.

BrightSwap is a next generation cross-chain DEX powered by its proprietary BrightSwap Market Maker (BMM) smart pricing algorithm, that helps liquidity providers (LPs) enhance their returns up to 4x, improve their impermanent loss profile leading to greater capital efficiency and high-level earnings for LPs. Based on Solana intelligent network.

The number of coins you will receive if your computer or miner can decipher the next block.
The maximum number of transactions that can be stored in one block. The larger the block size, the more difficult it becomes to decipher a block and the more computing power is required.

The block size represents the size of each block in a blockchain. Transactions are stored in a blockchain block. With Bitcoin this is limited to 1MB per block. More transactions can be stored if there are larger blocks, which is the case with many altcoins. There are also disadvantages to large blocks, such as the required storage space. In addition, it may become less attractive to miners if transaction fees become too low due to the larger blocks

The blockchain is a technology that makes it possible to store data securely in a decentralized way. This data can be money, but also other data.

Bollinger bands' is a tool for crypto or stock traders. The Bollinger band consists of three lines, usually based on a simple moving average. The middle line is a simple moving average and the outer lines are a multiplication of the middle simple moving average.

A bot is an autonomous program on a network, such as the Internet, that can interact with systems or users. This is often designed to automate certain manual tasks. Bots are common in Telegram chat groups to fight spam. In addition to trading engine, Trad3s is also called trading bot. Because it automatically executes actions at the right time.

Bounties are simple tasks or assignments, which are drawn up by the team behind a coin. This can be very simple, such as joining a Telegram channel or by (re)tweeting. It can also be a bit more difficult, such as a translation assignment. The participants receive rewards in the form of coins in exchange for performing these bounties.

A brute force attack is an attack performed by a hacker on a password or PIN. An automated script tries to run as many different combinations as possible as quickly as possible until the password or PIN is guessed.

BTC is a general unit used to denote one Bitcoin.

BTF or BTFD stands for "Buy the f****** dip". This is a way of expressing that you should buy a 'coin' when the price has fallen sharply. This is mostly used in chat groups like Telegram.

A bull flag is an indication on the price chart that the market is likely to start an uptrend. This is the opposite of a bear flag.

A bull market is the state of a financial market where the prices of securities are rising or expected to rise. This concept can now also be applied to the crypto market. Prices rise and fall every day, but the term bull market is only used for longer periods of rising prices. This can take months or even years. The opposite is called a bear market.

A bull trap is a false signal (during a bear market) that the price will go up again. After a short rise, however, the price falls sharply again.

A bullish market means that the entire (crypto) market is in an uptrend. The opposite of bullish is bearish.

A candlestick chart is a way of displaying the price of tradable security. One candlestick stands for a certain period (a day, an hour, a quarter of an hour, etc.). The 'body' of the candlestick shows the opening and closing price. The peaks represent the highest and lowest prices in the time span.

CB is an abbreviation of Coinbase, a very popular exchange based in the United States of America.

CBDC is short for 'Central bank digital currency' and is the fully digital form of fiat money. Unlike Bitcoin, this type of currency would be created by a central authority such as a central bank or monetary authority. It may or may not have a distributed ledger. Every central bank in the world can have its own implementation form. At the moment it is still in the testing phase or just a concept on paper.

A network that centrally registers, confirms, and processes the authentication of a transaction on the blockchain. Often by a group, government or company.

The public description of the program, which exposes exactly the system of the digital ledger through the associated applications. It is the digital ledger factory that equates to smart contracts / Smart contracts.

A chain split is another word for 'fork'. See hard fork for more info..

The total number of freely tradable coins of a cryptocurrency or token.

Cloud mining is just like normal mining, but with external computing power. It is usually rented from companies located in areas with low electricity costs. These companies offer mining contracts for a definite or indefinite period of time. During this period, the rewards will be deposited into your account or wallet. The amount and frequency are based on the hashrate purchased and the difficulty.

CMC is the abbreviation of Coinmarketcap. This is one of the first websites that lists cryptocurencies and exchanges.

Representation of a digital asset recorded and built up in the blockchain.

an American exchange that regularly introduces new coins. You can sign up by clicking here on Coinbase. Of all referral fees that Trad3s receives, it annually supports a charity to be determined.

Cold storage refers to storing cryptocurrency in a place where the private key is not accessible via the Internet. This can be done on a hardware wallet, paper wallet or software wallet in an offline environment.

A cold wallet is a wallet for storing cryptocurrency where the 'private key' is not exposed to the Internet.

Collateral refers to an asset that can be used as collateral for a loan, but only if the lender accepts it. DeFi is growing rapidly in the crypto world and collateral backed loans are becoming more common and with an increasing number of cryptocurrencies or tokens that can be used as collateral. In crypto, it is not only used for borrowing, but can sometimes also be used in running (master) nodes.
Chainlink is a good example of this implementation, where the node provides "oracle" services. Usually, the node will only receive orders if there is sufficient collateral in the form of tokens. This collateral is used to compensate the customer if something goes wrong with the node, such as providing inaccurate data.”

In software development, it is common to use version control, such as the open source Git, to keep track of all development changes. The commit command refers to the command used to save the changes to the archive. This generates one or more commits (revision) containing all changes to a file or set of files. Each commit has a unique identifier (hash). The number of commits can give an insight into the development speed. It's just not 100% reliable, because code deletions and additions are also commits. Thus, the number of commits can be manipulated. We track the commits of each coin with a public Github repository.

Compounding is the process of compounding interest and/or revenue. The amounts earned through profit or interest or strike are automatically included to make even more return. This growth, calculated in an exponential way, ensures that your capital grows faster by investing the amounts earned. Compounden shows a very different growth line than linear growth through interest over a certain period.

A new transaction on a blockchain must first receive confirmation before it is finally processed. This is done by one of the consensus mechanisms, such as proof-of-work and proof-of-stake. The more confirmations, the greater the chance that the transaction is valid and a double spend is no longer possible.

When a majority concerned with one particular currency agrees on the price to be sailed with regard to the validation of the transactions.

A 'contract address' is the address used by the smart contract on a DApp platform. For Ethereum, each token is based on the ERC-20 standard and has a contract address.

A correction is a price movement (up or down) after the price has risen or fallen. This is because traders want to cash in on their winnings. This occurs in both long and short positions.

Crypto is the collective name for cryptocurrency, the crypto market and the blockchain industry.

A cryptocurrency or token. An important difference here is that a cryptocurrency always runs on its own underlying blockchain, such as BTC on the Bitcoin blockchain and ADA on the Cardano blockchain. Cryptocurrencies that run on someone else's blockchain (such as the many "coins" on Ethereum) are called tokens.

Cryptography is the branch of mathematics that provides mathematically proven security. Stores and banks use cryptography to secure their transactions over the internet. In the case of Bitcoin, cryptography is used to ensure that no one can spend money from someone else's wallet and to prevent anyone from violating the integrity of the blockchain. It can also be used to encrypt a wallet so that no one can access it who does not know its password.

Is the value in the form of an amount in a cryptocurrency, or – in an English word – cryptocurrency. The latter is a kind of digital currency, which is often used as an alternative money system for regular currencies. The world's most famous cryptocurrency is Bitcoin.

CT is short for “Crypto Twitter,” which refers to the global group of crypto enthusiasts active on Twitter about all things blockchain. It can be used in a sentence like 'I miss the negativity of CT', meaning that not many people are as negative as they are during a heavy bear market.

Someone who advocates broad use of cryptography and technology to promote privacy for the purpose of social and political change is called a "Cypherpunk". These people form an active community that has been around since the 1980s. It is possible that Bitcoin was developed by 'Cypherpunks'.

CZ refers to Changpeng Zhao (赵长鹏 in Chinese). He is the founder of the cryptocurrency exchange Binance, which now also owns Coinmarketcap since its acquisition in 2020. Since Binance is a popular exchange, the abbreviation CZ is often used to refer to this exchange. For example: 'CZ needs to add this coin ASAP!

Hoe meer miners een bepaalde cryptomunt gaan minen, hoe groter de totale rekenkracht, en hoe sneller in principe blocks zullen worden ontcijferd. Om dit te balanceren zit in een cryptomunt een algoritme geprogrammeerd dat de moeilijkheidsgraad van de op te lossen encryptie automatisch verhoogt als er meer rekenkracht op wordt losgelaten. Deze balans is belangrijk om de blocktime constant te houden.

Een gedecentraliseerd zelf-besturend orgaan dat volledig autonoom opereert en zichzelf van fondsen kan voorzien voor het onderhouden van het netwerk. Een voorbeeld hiervan is cryptomunt DASH.

DApp is an abbreviation for 'Decentralized application', which partly depends on a blockchain for its functionality. They are different from “Smart Contracts” because they allow interaction with them. It also does not have to have a financial function. Dapps can be created using common programming languages such as Javascript, PHP or C#. At the time of writing, most Dapps use the Ethereum blockchain.

When talking about the Dark Web, reference is made to a part of the Internet that is not easily accessible without special software and/or permissions to access. The content is usually not indexed by the Google search engine and may be password protected. The information and content may be secretive or even illegal.

The concept of a shared network of individual computers or supercomputers (nodes) that can and are allowed to process a transaction in the blockchain. Not centralized in one place. In addition, computers in the chain can fail without this affecting the ledger of the chain.

A cryptographic signature is a mathematical mechanism that allows someone to prove that he or she owns it. In the case of Bitcoin, a Bitcoin wallet and the associated secret key(s) are linked together with some mathematical tricks. Once the Bitcoin software signs a transaction with the appropriate secret key, the entire network can see that the signature matches the Bitcoins issued. The complexity makes it virtually impossible for anyone else to guess your secret key to get away with your hard-earned Bitcoins. It is therefore very important never to share your private key (often in the form of 12 or 24 words) with anyone!

A "Dead Cat Bounce" is a term used in the financial world and now also in crypto trading. It refers to a brief price recovery before a major crash.

DeFi is the abbreviation of 'Decentralized Finance'. It can be defined as a new financial ecosystem made up of various financial instruments, apps and services using blockchain technology. It is an umbrella term for all these projects together and is growing daily. Examples of DeFi functionality include banking services in the form of stablecoins, decentralized exchanges, derivatives, prediction markets, or lending and borrowing systems. The latter can be peer-to-peer or in the form of a pool. It is a combination of replicating products and services in the traditional financial sector and innovative new products and services that are only possible with blockchain technology.

Degen is short for “degenerate” and refers to people who trade crypto assets, usually shitcoins, without doing proper research. These types of traders simply enter a trade based on signals and simply FOMO when the price goes up sharply. They will just buy it because it looks like a nice coin to trade and hope to make a quick profit from it. Degen trades are often fueled by group chats on apps such as Telegram.

DEVCON stands for Developer Conference. This is a meeting of software developers, usually organized by a company. The latest developments are discussed here. At Apple, it's called the WWDC (the Apple Worldwide Developers Conference). In the blockchain world, the annual Ethereum Devcon event is the most famous.

DEV or DEV team is used to indicate the Development team behind a particular application. Usually specialists with a passion for crypto, especially if you mean the Trad3s team

DEX is the abbreviation for 'Decentralized Exchange'. This is an exchange where people can trade cryptocurrencies and tokens without a middleman. It is usually run by code in a 'smart contract'. The transactions are generally written to the blockchain, making a DEX slower by default than a centralized exchange, which uses fast databases. The big advantage of a DEX is that no one, except yourself, owns the 'private key' of the coins. Even though a DEX does not have a middleman with regard to the transactions, the exchange and the website are managed centrally. Therefore, it is actually not 100% decentralized. The level of decentralization differs per DEX.

Digital identity refers to information used by computers to represent a real entity in the world, such as a person or an organization. It can also be an application or device. It can be thought of as a set of attributes related to the entity. This digital identity is used for authentication and authentication to access systems on a network, such as the Internet. There are several developments going on in the blockchain world, where a digital identity plays a crucial role.

A dildo, in crypto terms, refers to a large increase in the price of a coin. The moment a sudden rise in the price takes place, a candlestick in a candlestick chart shoots up. According to some, this phenomenon resembles a dildo.

A 'Dip' is a rapid decline in the value of, for example, a cryptocurrency or an entire market. It is less strong than a 'crash' and can also quickly bounce back to the old price level.

Discord is a messaging app that can be used on both mobile and desktop. Besides Telegram, Discord is also a very popular messaging app in the crypto community. Discord allows the administrator to create different spaces, which is useful for dividing the discussion topics. Examples include: general, marketing, support, development/tech talk, and announcements. Coins often use both a Telegram and Discord for the community to meet.

Dividends are amounts of money paid out periodically to reward people for holding a particular investment, such as a stock, over a specified period of time. In cryptocurrency, rewards are often paid on blockchains with a DPoS or PoS consensus algorithm, which can be seen as a dividend, but is not legally defined as such. For security tokens, which share revenues from the platform, this is more likely to be seen as a real dividend.

This is a strategy for buying crypto coins or stocks. Instead of investing a (large) amount at once, you buy a certain currency or share at fixed times for a fixed amount. The basic principle here is that you have a purchasing average after a certain period because the prices in the crypto market are volatile.

Double spending is a form of fraud where someone tries to spend their Bitcoins in two or more places at the same time, before the system realizes that the Bitcoin has already been spent. The way Bitcoin mining and the block chain work ensures that only one of the two transactions can go through at any one time. Only a 51% attack on a network can make this possible. With most blockchains, this is virtually impossible to achieve in practice.

DYOR is a term that you often see in disclaimers and chat groups related to the cryptocurrency market. It stands for 'Do Your Own Research'. It's a quick way of saying that no financial advice is given and you should do your own research before making an investment. This term is also often used by the writers on the website to encourage people to do their own research. Provided with a

The EEA (Enterprise Ethereum Alliance) is a partnership as part of the Ethereum Foundation. It connects Fortune 500 enterprises, startups, academics and technology providers with Ethereum experts.

EIP is an abbreviation of "Ethereum Improvement Proposal". This is similar to the "BIP", pertaining to Bitcoin.EIPs describe standards for the Ethereum platform. This includes contract standards, protocol specifications, and client APIs. An EIP can be proposed by any member of the Ethereum community and is then discussed within the community.

The term 'Emission' stands for emission. In relation to blockchain, people often talk about the 'Emission Rate'. This is the speed at which new coins are released and thus increases the circulating supply. This speed is known in advance due to the design of the blockchain and can be represented in a graph, the 'Emission Curve'.

ERC20 coins are all tokens on the Ethereum blockchain. These coins are also supported by most Ethereum wallets.

ETF is an abbreviation for 'Exchange-Traded-Fund'. This is a tradable product (security), which tracks an underlying asset. Examples include stock index, a basket of certain securities, bonds and commodities. There are several applications for a Bitcoin ETF, but none have yet been approved by the "SEC" in the United States of America.

Ether is the native cryptocurrency of the Ethereum blockchain. According to their website, it is a necessary element (a fuel) for using the distributed application platform. It is a form of payment by the users of the platform to the machines, which perform the requested operations. The transaction costs for using the platform are paid in Ether and measured in based on the gas limit and gas price.

Ethereum (ETH) consists of one blockchain, in which its own transactions (Ether) as well as those of numerous other coins (tokens) are registered. Characteristic for Ethereum is the so-called “smart contract”. The Ethereum programming language is written in such a way that programmers can write their own programs based on the Ethereum blockchain.

Ethereum Classic (ETC) is a cryptocurrency that was created by a Hard Fork of the Ethereum blockchain. After a major hack in which more than USD 200 million worth of Ether was stolen, the Ethereum Foundation decided to roll back the blockchain. Part of the community disagreed and continued to mine the original chain, which was then named Ethereum Classic.

An exchange is an online exchange office where FIAT money such as euros and dollars can be exchanged for crypto coins. It is also the place where crypto coins can be exchanged back into FIAT money and deposited in a bank account.

FA is the abbreviation of 'Fundamental Analysis'. It is a method of evaluating an investment, such as a cryptocurrency, by looking at its intrinsic value. Related economic and financial factors are also examined.

A fanboy or sometimes intentionally misspelled as 'fanboi' is a term to describe an obsessive (male) fan of something, such as cryptocurrency, for example. In the crypto world, most coins have chat groups on Telegram or Discord, where this term is often used.

Fiduciary money. Money that derives its value not from the matter from which it is made, but from the confidence that goods and services can be bought with it. In the context of cryptocurrencies, the term FIAT is used to refer to currencies such as the Dollar, Yen and Euro.

The Flippening is a term used to describe the moment a coin is more valuable than Bitcoin. Ethereum has been the second most valuable coin most of the time, but until now its market cap has always been lower than Bitcoin's.

Many people buy a certain currency when they see that the price rises quickly. They don't want to sit on the sidelines as the price continues to rise for fear of missing out on returns.

An upgrade of a cryptocurrency's algorithm causes a fork. Two possibilities flow from this. A soft fork is simply an update of the software of the nodes for which no new blockchain has to be created, a hard fork is a split of a crypto currency into an old and a new blockchain, whereby both blockchains remain.

A person who does own cryptocurrency, but has not bought it himself. The coins are therefore obtained for free as a gift, airdrop or via affiliate programs. This term was first used by (Tweet).

A term used to describe news stories about a cryptocurrency that are considered unwarranted scaremongering, often intended to manipulate the price or put the crypto markets in a bad light.

A 'Fudster' is a person who spreads misinformation in order to negatively influence the price.

Fully diluted in crypto refers to the fully diluted market capitalization. This is the market cap of a coin based on its total supply rather than the circulating supply. This is an important metric for investors to compare coins and help them decide whether they are overvalued or undervalued.

A financial contract between two parties that agree to trade a specified quantity of a product or financial instrument at a predetermined price at a specified time. A transaction is therefore agreed in the future.

"Gas” or “Gwei” is used to perform a transaction on the Ethereum blockchain. The 'gas' used can be seen as a 'fee' for the 'miners'. The more 'gas' you set, the faster your transaction will be completed. Because of the higher reward, more miners will be inclined to process the transaction earlier.

A 'gem' in the cryptocurrency world is a coin that is unique in the perception of a person and will therefore increase in value.

The Genesis Block is the first block in a cryptocurrency's blockchain.

A GIF is short for Graphics Interchange Format. It is an image format that allows an animation. These can be a few seconds long and are commonly used in the cryptocurrency chat groups and Twitter. Usually they are used in a funny way.

The place on the internet where a cryptocurrency's open-source code is posted, and where developers can spot errors and modify this code.

The most used application for 2FA security with which you can link an account to a device such as your iPad or smartphone.

Gwei is used to measure the cost of gas in transactions in the Ethereum network. A single Gwei is equivalent to 10⁹ Wei or 10^-9 ETH.

When the code of a coin is changed, it may sometimes be that the new code is not compatible with the current wallets and a new wallet is therefore required. This creates a new blockchain, the old one with the unmodified code, and the new one with the modified code. With a hard fork, this coin is split into two new blockchains. It is true that the main computers / nodes must grant permission for this and often need an update.

A hardware wallet is a small device that creates and manages wallets and receiver addresses for various crypto currencies. This device also manages the private keys. Hardware wallets are currently the most secure way to store and manage crypto currencies.

Hashrate, or hash rate, is the measure of the total computing power of the Bitcoin network. For security reasons, the Bitcoin network must continue to perform intensive mathematical operations at all times. For example, if the network reaches a hash rate of 10 TH/s, that means it can perform 10 trillion (ten trillion, 10,000,000,000,000) calculations per second.

Stands for: Hold On For Dear Life! and is actually a misspelling of HOLD, holding on to your coins and not selling them even if the market turns against you. People who "HODL" do so for the long term.

Hopium is a slang term created from the words hope and opium. In the (cryptocurrency) trading world, it is often used on chats and social media in relation to people who are very positive about the market or a specific coin and stick to their positions. If someone says that a coin will go up hard very soon, a response might be: "You are high on hopium!", to say that you totally disagree.

Initial coin offering. Before a crypto coin is available on the market, an ICO can be launched where you as an investor get the chance to purchase the coin before it hits the free market. Often at a more favorable rate. CAUTION lots of SCAM!!!

A property, indicating that something is immutable. This is especially true as time passes. Usually, a blockchain standard has this property and thus distinguishes it from a traditional database. Although rolling back (rollback) of 'blocks' is possible, this is rare and can also cause a 'chain split'. This would also mean that a transaction is gone and not really changed. The more 'blocks' that are generated after a transaction, the more difficult it will be to perform a rollback.

The place on a website or platform where you can access it with your login name/email address and password. For the purposes of Trad3s you use:

The term "interoperability" in crypto refers to blockchain interoperability. In short, it means the ability to share information between different blockchains. Since the launch of Bitcoin, many new blockchains have emerged, the most famous of which is Ethereum. All of these new blockchains compete with each other in some way for adoption by developers and users, resulting in a lot of silos. Since each blockchain usually has its own specialty, it would make sense for developers to use more than one blockchain. To make this work, there is a need for interoperability and several projects are working on that.

IRS stands for the "Internal Revenue Service" and is a government agency of the United States of America, responsible for collecting taxes.

JOMO is short for "Joy Of Missing Out" and refers to a trader who is glad he did not take a particular position and is often said after a big price dip.

Not to be confused with coin pairs. A Key pair is the combination of a public and a secret key of an API. During the creation of an API these two Keys are generated. Make sure you store them properly yourself. You need them at to create a new Exchange.

This is a prevention against, among other things, money laundering and use of Bitcoins and altcoins for terrorist and other criminal activities. Most serious websites have already implemented KYC. Through a verification process you are asked to provide some personal information to the website. This can be a copy of your passport (front and back), a recent photo, or a video call via Skype. Depending on the website, verification takes between 15 minutes (Bitpanda) and a few months (Poloniex). If you want to invest in Bitcoin as a business you are also required to scan and send your registration with the KBO (Crossroads Bank of Enterprises) and a recent invoice with your company name and address.

Lambo is short for Lamborghini, a fast Italian car. In the crypto world, this is often used to ask when the stock price is going to rise hard, so that the person can afford such a car. Generally, one writes, "When Lambo? An alternative is: "When Moon?

A 'Ledger Blue' is a Hardware wallet in the form of a small tablet and is made by the French company Ledger SAS. It is the successor to the popular Ledger Nano S.

A 'Ledger Nano S' is a popular Hardware wallet in the form of a usb stick, made by the French company Ledger SAS.

With a limit order you instruct the exchange to buy x amount of coins at price x. When you 'fill' the order, the price cannot differ from the order you gave. The number of coins can however differ, but never more than the order.

'Liquidity mining' refers to the process by which a 'yield farmer' receives a new token, as well as the usual APY in exchange for providing liquidity to a pool. The token received is the native token of the specific project and usually represents governance rights. It can be used to vote for or against proposed changes to the underlying project.

A liquidity provider is someone who provides assets of a trading pair on an exchange for market-making purposes. This has become popular in the cryptoscene with the launch of the Ethereum-based exchange, Uniswap. For example, on the Ethereum <> Chainlink pair, you can deposit the equivalent of $1000 on both assets, so a total of $2000, into the pool. In return, you get a pro-rato claim token from that pool. All transactions on that pool are shared with the holders of the claim tokens, and in this way you can accumulate passive income. There is, however, the risk that one of the assets goes up/down very fast and then you get stuck with too much of the asset on the other side of the pair. This is called ' impermanent loss' and is a risk you should be aware of before you start providing liquidity.

LP is short for Liquidity Provider

LT stands for long term. In crypto it can be used as "This is the perfect timing for a LT position in Ethereum".

A "lurker" or someone who is "lurking" refers to a person who joins a forum or chat group, but does not participate in the conversations. This may be for a variety of reasons, such as insecurity due to not being sure enough about the topic. It may also be that this person joins a crypto chat group to analyze the general market sentiment or that of an individual for individual coins.

MA is the abbreviation for "Moving Averages" and is a commonly used term in technical analysis. It allows one to understand a price trend of an underlying security, such as a stock or coin. Well-known types are the EMA and MACD.

MACD stands for "Moving Average Convergence/Divergence. This is an instrument, used by traders, to see what the trend in a price is. The instrument consists of 2 parts. An exponential moving average (EMA), which is subtracted from another EMA (usually 26 and 12 days) and an EMA which is calculated with a lesser number of days (usually 9), this last EMA is also called the signal line. A commonly used trading signal is that once the signal line breaks the other line from below a buy order is placed and once the line is broken from top to bottom a sell order is executed.

Fee that applies if your order will not be executed immediately and adds liquidity to the order book (will always be the case for limit orders that are not executed immediately).

The total number of coins in circulation times the value of the coin in FIAT (for example, US dollar or Euro).

The market cap represents the total value of all coins combined. Many beginners make the mistake of only looking at the unit price of a coin to decide whether it is worth much or little. The market cap is a more suitable tool for this.

A market maker or sometimes referred to as MM is an individual or company that actively submits sell (let price) and buy (bid price) orders on the order book of an asset. By being on both sides of the market, the market maker can use the spread to make a profit. Market makers also have an important role as they provide liquidity for the asset in question.

With a market order you give the order to buy or sell a coin at the best price at that moment. The chance that an order will be executed is almost 100 percent because there are almost always buy or sell orders. For coins with low volume, the market order is a dangerous order because your coins may be sold at a very low price, or the opposite may happen: you buy your coins at a very high price.

A master node is a server, running from home or in a data center, that plays an essential role in a decentralized network. It usually performs specific tasks, such as storing files or data and keeping them accessible on the network. It can also function to validate transactions or for consensus purposes, such as voting on 'proposals'. The technical (memory, CPU, etc.) and financial criteria (number of coins required) are different for each coin. If the masternode does not perform well it is possible to lose your coin if they are intended as collateral. The rewards can also just stop and you can just start over. A masternode usually gives a high reward, which is paid out in the coin itself.

This is the maximum number of coins that will exist of a token or cryptocurrency. Once a maximum stock is defined, no more coins can be created. Coin, which are "burned" are part of this stock and therefore always greater than or equal to the total stock. For Bitcoin, the maximum is set at 21 million.

Medium ( is a platform for online publications. It is especially popular for blogs and news and is used by many coins to share the latest developments and newsworthy events.

Metamask is a popular browser plugin that bridges the gap between your cryptocurrency holdings and a website. It allows you to easily perform blockchain transactions and send coins.

MEW is the abbreviation for MyEtherWallet. This is one of the best known wallets for storing Ethereum.

Microbitcoin is the name, which goes with the abbreviation uBTC. This stands for one millionth of a bitcoin and usually written as 0.000001 BTC.

Millibitcoin is the name, which goes with the abbreviation mBTC. This stands for one thousandth of a bitcoin and usually written as 0.001 BTC.

A 'miner' is a person or organization, which deploys computing power (CPU, GPU or ASIC) to find the next block in the blockchain. Once the answer is found, a new 'block' is generated, where a number of transactions are permanently stored. The miner is rewarded with the predefined number of cryptocurrencies. This is usually supplemented by the transaction fees paid by a user.

The degree of difficulty in deciphering a block in the blockchain. The higher this number the longer it takes to find a new block, also known as the block time.

A group of miners working together to decipher the encryption of the next block. Once your pool has found a block, everyone in the group gets a percentage of the total block-reward.

Term used to indicate that a coin is rising incredibly fast. crypto coins can rise to such high price levels that it is referred to as mooning.

Bitcoin mining is having a computer perform mathematical calculations in order for the Bitcoin network to confirm transactions and ensure security. As a reward for the work done, Bitcoin "miners" receive the commission given on some of the transactions - as well as newly mined Bitcoins. Bitcoin mining is now a specialized market, in which revenues are distributed among members of specialized groups in proportion to how much computing power is contributed. By no means all Bitcoin users are mining and it is not an easy way to get Bitcoins. The days when you could meaningfully mine with your own laptop or PC are long gone.

Mt. Gox (or Mount Gox) was the largest and most important exchange for Bitcoin in the early years. However, it went bankrupt on February 28, 2014. The cause is said to be due to a hack, in which Bitcoins worth hundreds of millions of dollars were stolen.

NFT is the abbreviation for "non-fungible token. This is a type of token that represents a unique object. These can either be digital or represent a real object. Examples include a sword in a game or ownership of a piece of land. NFTs are generally scarce, unique and indivisible. The Ethereum blockchain makes it easy to create NFTs with its ERC-721 and ERC-1155 standards.

A node on the network of a crypto currency in the form of a hardware computer connected to the Internet and running the appropriate software compatible with the algorithm of that crypto currency.

A person, who does not own any cryptocurrency, is also called a nocoiner.

A nonce is an abbreviation for "number only used once". This refers to a number that is added to a hashed or encrypted block in a blockchain. This is the number that the miners of a blockchain are trying to solve. Once the solution is found, the miner receives a reward in the form of cryptocurrency. You can read more about this in the blog post "What is blockchain".

A person who is not very experienced in a particular subject, such as the complex world of crypto for example, may be called a noob or sometimes spelled n00b. This person may think he or she knows enough about the subject, but he or she actually doesn't and is often not very willing to learn. This is a different type of person than a newbie or new. The topic is new to them and ask questions to learn.

ODN is the abbreviation for "OriginTrail Decentralized Network. This is an open source and open network that relies on an off-chain technology stack consisting of multiple interrelated layers. It is a decentralized network of data providers, data creators, data holders and data viewers. The glue between all entities is the ERC-20-based Trace Token (TRAC). This is used as collateral to keep data holders honest and for payments to compensate data holders for providing their resources.

OG refers to "original gangster" and has its origins in rap and hip-hop culture.Today it is used more and also in the crypto space on Twitter and in Telegram chat groups. It basically means someone who has been involved in something since the beginning. In the crypto world, this would mean around the creation of a coin. For example, there can be Bitcoin OGs and altcoin OGs.

The code of a cryptocurrency is always on the Internet and can be read and modified by anyone.

An 'Orphan' or 'Orphan block' is a block in the blockchain that is not built upon. Blockchain blocks are usually generated by 'mining' or 'staking'; it occasionally happens that two blocks are created simultaneously by different computers. Only one of the two can be stored in a blockchain, so the other one expires and becomes an orphan block.

A peer-to-peer network is a system that behaves as an organized collective in which individual systems communicate directly with each other, rather than through a central server. In the case of Bitcoin, the network is organized in such a way that each user broadcasts the transactions they know about to all other users. An important feature of this setup: no bank or other third party is needed.

A paper document containing the private key that gives you access to a (Bitcoin or altcoin) address.

A parachain is part of the Polkadot blockchain and is a simpler form of blockchain, where security is provided by a "relay chain" rather than providing its own security. The relay chain provides security for the attached parachains and guarantees that messages are forwarded securely between them. The computations on the parachains are independent and this prevents the delay of transactions due to the parallel execution instead of the sequential execution.

Anyone can mine Bitcoins because it is a public blockchain. With a permissioned blockchain this is not the case. There is a layer above, which determines which entity is allowed to write a transaction to a block. The coin XRP from the company Ripple Labs, is an example of such a blockchain and has among others CGI, MIT and Microsoft as approved entities. These are the so-called 'transaction validators'.

Phishing is when hackers try to get a user to give up personal information, such as login and password or credit card details. This is often done by using a fake website or application that looks very similar to the original. This is very common in cryptocurrencies, because only the private key is enough to steal all the coins.

PoA stands for "Proof of Authority. This is a validation method to process transactions and blocks in a blockchain only by approved accounts. These are known as 'validators' and run specific software to store the transactions in blocks. Since identity is linked to the system it can contribute to trust.

PoB stands for "Proof of Burn. This is a method of investing in a new cryptocurrency by destroying coins from an existing one, which has been given the term 'Burning' or burning in the crypto world. This is done by sending coins to a special, unusable address. This is the normally the only way to destroy coins within a blockchain. This method can also be used when a coin gets a relaunch with a new team and new coin.

PoD is the abbreviation for Proof of Developer. This can be any verification, which can serve as proof that a cryptocurrency was created by a real software developer. This method is mainly used when a new cryptocurrency is launched to counter scams.

Polka is short for Polkadot, which is a cryptocurrency similar to Ethereum. Because of the growth of the ecosystem, it is referred to briefly by Polka instead of the full name, such as, "this is a new Polka project.

A cryptocurrency 'portfolio' is the total possession of your crypto assets in one place.You may own multiple cryptocurrencies and tokens and to keep track of their value you need to record the size and price of each buy and sell transaction. This can be done in a spreadsheet, but it is much more convenient to use a special app like Delta, for example. These types of apps allow you to easily record your portfolio changes, as they retrieve the current price of a coin from API providers. Often you can also set alerts to notify you when the price goes above or below your target.

A 'Pre-sale' in in an ICO the phase before the 'Public-sale'. During this phase it is possible for investors to make an initial deposit. The tokens then often have a lower price than during the public sale. The money raised is usually used for further development, to pay for the public sale and as a method of gauging the enthusiasm in the market. It is possible that the ICO will not take place and a refund is not always guaranteed. This makes a pre-sale more risky than a public sale.

A privacy coin is a cryptocurrency that focuses on security and anonymity of its users. Some examples are Pivx, PRVCY, Dash, and Monero. There are several methods to make a transaction anonymous.

The unique code that gives you access to an (Bitcoin or altcoin) address and allows you to perform transactions on it. If you lose the private key of an address then you have no further access to that address in any way and the coins stored at this address are considered lost in the blockchain.

An algorithm that secures the cryptocurrency blockchain with computational power and awards a reward to the miner who deciphers a new block.

In Proof of Stake, blocks in a blockchain are "forged" rather than "mined" as in Proof of Work. Staking can be done by delegating your coins (ADA) into a stake pool on and appropriate blockchain such as Cardano. Because you make your coins available to make the network more secure, you get extra coins (i.e., with Cardano, you get more ADA) as a reward.

a "public key" in the crypto industry can be defined as a combination of letters and numbers and constitutes the address to which cryptocurrencies or tokens can be sent. Anyone who knows someone's public key can see the assets stored at that address. However, only the owner of the corresponding "private key" can send those assets.

When the price of a crypto currency rises sharply after a period of consolidation.

When the price of a small crypto currency starts to rise sharply quickly and then drops very quickly shortly thereafter. Usually a result of price manipulation by whales or pump and dump groups that you encounter especially on Telegram. However tempting it may sound, participating in these groups often means losing a lot of money!

A QR code is a type of barcode in the shape of a square. The letters QR stand for "Quick Response. The code contains many dots, some small squares and sometimes a small logo in the middle. This is different from most other barcode types, which are rectangular with dashes. A QR code can contain much more information because of this setup. Within the crypto world, it is very widely used to make a 'wallet' address scannable. This speeds up the process when transferring crypto and prevents errors.

The 'Raiden Network' is a way to make the Ethereum blockchain scalable by enabling 'off-chain' transactions, for example. It is a separate ERC20 token and the team held an ICO in 2017.

also known as React.js or ReactJS is a JavaScript library for building user interfaces. React was developed by Facebook in 2011 out of a need to make the code of large web applications more manageable. It was initially an internal project and was used for the Facebook and Instagram platforms. In 2013, Facebook introduced React to the public and made it an open source project. Since then, the use of React has been growing and the library is used by more than one million websites, including big names like Netflix and Uber and Trad3s. React is maintained on GitHub by Facebook and a community of individual developers and companies.

Rebrands have happened many times in the crypto world. It means that the coin changes its name, logo and sometimes their vision. This can happen for a variety of reasons. For example, it may be a better fit for what they are trying to achieve or the old name has a bad reputation. Rebranding can then be used as an attempt to make people forget that. Sometimes it causes even hype and the price goes up. The 'ticker' sometimes stays the same because it is more practical in relation to third parties, such as wallets and exchanges.

Reddit is a social media platform used extensively in the crypto community. The website has pages by topic, which is called a subreddit. Visitors can post and respond to them. Coins often have their own subreddit for the community to converse and for the team to post (development) updates on.

a 'Refund address' is a wallet address that a user sometimes needs to provide in order to receive a refund. This is often required by coin conversion websites in case a transaction fails.

The term "REKT" is a corruption of the English word "Wrecked" and is used in the crypto community to describe huge losses.

These are attacks on a blockchain after a 'fork'. When you try to send coins on one of the 'chains', there may be an attempt to mirror the action on the other chain. Thus, when sending 1 BTC, it may happen that 1 BCH is also sent. Bitcoin Cash has implemented a safeguard (replay protection) for this. However, not all (Bitcoin) forks have this, which could be intentional. This is a risk when claiming hard fork coins.

After a crypto currency was split by a hard fork, it is basically possible to copy one transaction on one of the blockchains and execute it on the other blockchain as well,. A transaction is always publicly visible, so rogue users or hackers could execute your public transaction on the other blockchain and earn from your transaction. A replay protection code ensures that transactions executed on the first blockchain are no longer valid on the other blockchain.

A plan or strategy for achieving certain goals. A roadmap is often a plan that shows what an organization or team wants to accomplish. This usually includes deliverables for the year, but sometimes even a few years into the future. In can be detailed with specific dates or months, or it can be broader and based on quarters. In crypto, it is common for the team to share this roadmap publicly, so that future features can be seen and when they will be realized.

ROI is an abbreviation for "Return on Investment. This is an indicator to show the ratio between your initial investment and the return. The formula is ((current value - investment) / investment) x 100. Example: if 1 Ether deposit in an ICO has become worth a total of 1.6 Ether, then the ROI is 60%.

SAFU is a term in the cryptocurrency world that basically means safe (Safe). It's used by exchange CEOs, for example, when a hack has happened and then can say "All user balances are SAFU! It became popular when this Youtube video was released by Bizonacci.

Sat is the abbreviation for Satoshi.

The smallest unit of a Bitcoin, or 1 hundred millionth of a bitcoin. The term was dedicated to Bitcoin's anonymous developer, Satoshi Nakamoto. It is the eighth digit after the decimal point, i.e. 0.00000001 BTC.

Satoshi Nakamoto is the alias of the creator of Bitcoin, who likes to remain anonymous. No one knows who it is. It could be a person, group, company or even a government. Surely it is plausible that it is a person, as there are people who have communicated with him or her via email.

A 'scam' is a fraudulent act carried out by a dishonest person, group or company. The goal is to get money or something else of value, such as personal information or in the case of cryptocurrency the 'private key'.

A scammer is a person who carries out a scam.

SEC is the abbreviation for "Securities and Exchange Commission. This is an independent government organization of the United States of America. The SEC is primarily responsible for the financial markets. They enforce federal securities laws, propose new rules and regulate the American financial markets.

Een A secret key (English: Private Key) is a secret piece of data (often in the form of 12 or 24 words) with which you can prove that the Bitcoins belonging to a particular Bitcoin address are yours by means of a cryptographic signature. Your secret keys are stored on your computer if you are using a software wallet and on remote servers if you are using a web wallet. Secret keys should never be revealed as they allow you to spend Bitcoins from the Bitcoin wallets associated with the keys.

A protocol in which vital information from each transaction in the blockchain is stored in parallel instead of in the blockchain itself. In this way, the size of the blockchain file is reduced.

The name for an online transfer using your bank's payment application.

Shilling is when someone is promoting a coin or ICO in a subjective way. Sometimes this is just out of enthusiasm and sometimes to simply convince as many buyers or investors as possible to get in with the goal of making as much profit as possible themselves if that causes the price to go up.

A Shitcoin is any coin, which is rated poorly by the person talking about it. So it can concern any altcoin, but also Bitcoin. At the basis is for example a lack of innovation, poor communication, slow development or another coin is significantly better according to that person.

Shorting or going short on an asset is a trading strategy where you speculate on a drop in the price of that asset. It is a very risky tactic and you can easily lose money with this method. Therefore, it is only suitable for experienced traders and investors with a high risk appetite. Shorting comes from the traditional financial world, but is now also possible on crypto and is usually done on Bitcoin. The shorting method itself is a practice where borrowed assets are sold on the exchange to buy back at a lower price and make a profit on the difference. It is also possible to use leverage for even higher profits, but that carries even more risk of losing. The opposite of going short is going "long.

Slack is a cloud-based software for team collaboration. It became popular with coins in 2016 and 2017 to create a place for fans to discuss the coin and communicate with the team behind it. However, it is not very suitable for large groups of thousands of members in the free version. This often caused problems that prevented new members from being admitted. Nowadays, many coins have moved their community to Telegram and Discord.

A program that can be added to some crypto currencies or tokens. The code decides whether conditions have been met to send the transaction to its destination or pay it back to the executor, or a combination of these. Because this program is also stored in the blockchain, this code is immutable and security is built in.

An upgrade of the algorithm of a crypto currency that is backwards compatible. Therefore, the nodes only need to update the software to be compatible with the new code.

Solidity is programming language for writing or implementing 'Smart Contracts', which run on the Ethereum blockchain. Meanwhile, several Blockchains support this new language.

'Stablecoins' are tokens or cryptocurrencies with the goal of having minimal price volatility. It usually tries to maintain a stable price of a related asset, such as USD. It can be backed by the related asset or replicated using smart contracts. Stablecoins are usually linked to fiat money, but it is also possible to be linked to precious metals such as gold or silver, or even other assets. It provides an easy and accessible way to temporarily store crypto assets in a more stable asset during market volatility, rather than using the traditional financial ecosystem. Withdrawing fiat money can take a few days and can also be costly.

By keeping your coins in your wallet you will be rewarded with additional coins. Only a few coins have Proof of Stake.

Steemit is a social media platform that runs entirely on the Steem blockchain. The coins allow the user to promote posts. The coins can be purchased on an exchange, but also earned within Steemit by actively contributing in the form of new posts or responses to existing posts.

'Stimmy' is a slang term for stimulus, referring to the money that US citizens received from their government to support them financially during the period of the coronavirus. This is part of the emergency aid package. In the cryptocurrency world, it is believed that many people will use this money to buy Bitcoin or other altcoins.

The Bitcoin Stock-to-Flow model (S2F) was invented by PlanB and is explained in detail in this post. This model uses scarcity to quantify the value of bitcoin, but it can also be applied to other assets such as gold or silver. Although the model has become very popular in the crypto world, not everyone agrees with it. For example, this blog post lists the biggest setbacks of the S2F model. In this BNR cryptocast episode, PlanB's publications are discussed.

a "Swing" is a zigzag movement of the price. A 'Swing trader' is someone who uses this intensively to obtain more coins.

TA stands for technical analysis. This is used to analyze the chart of a cryptocurrency or stock using various indicators. This gives an investor or trader more foundation for choosing to buy or sell.