14 November 2024

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Dictionary

Cryptocurrency Glossary

Cryptocurrency Glossary
  1. ATL (All Time Low): The lowest price level of all time. This term is used for cryptocurrency prices.
  2. Alpha Code: The early stage of code development where the code is in the testing phase.
  3. AML (Anti Money Laundering): Refers to measures aimed at preventing money laundering. It includes procedures to prevent money laundering in the cryptocurrency sector.
  4. Altcoin: A term encompassing all cryptocurrencies created as alternatives to Bitcoin.
  5. Airdrop: The process by which cryptocurrency project owners or institutions distribute free cryptocurrencies under certain conditions or unconditionally.
  6. Address: Cryptocurrency addresses are private account addresses owned by investors and are used for transfer transactions.
  7. Arbitrage: The method of making risk-free profits by exploiting price discrepancies of an asset in different markets.
  8. Algorithm: A set of rules or procedures followed in problem-solving or calculation processes.
  9. Bear Market: A financial market condition where prices are in a downward trend.
  10. Smart Contract: Digital contracts that run on the blockchain and present the terms agreed upon by the buyer and seller in code form.
  11. Aragon Network: A platform where users can create communities using Ethereum wallets.
  12. ASIC (Application-specific integrated circuit): Special integrated circuits designed to solve specific problems.
  13. Angel Investor: Investors who provide funds to newly established companies aiming to expand their assets.
  14. API (Application Programming Interface): An interface created for one software to use the functions of another software.
  15. Accumulation: The condition where cryptocurrencies consolidate within a certain price range.
  16. BUIDL: Similar to the term “Hodl,” it is the use of the word “Build” within the cryptocurrency community.
  17. Blockchain: A distributed ledger where data is encrypted and stored in structures called blocks at regular intervals.
  18. Bull Market: A financial market condition where prices are in an upward trend.
  19. Block Reward: The service fee paid to miners for correct and valid blocks.
  20. These terms include frequently used and generally important concepts in the cryptocurrency world. Each is a significant reference for cryptocurrency investors and technology enthusiasts.
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