Glossary

B

Bitcoin

The first and most well-known cryptocurrency, created by Satoshi Nakamoto in 2009.

Blockchain

A distributed digital ledger that records transactions across many computers.

D

DeFi

Decentralized Finance - financial services built on blockchain technology.

G

Gas

The fee required to execute transactions on the Ethereum network.

H

HODL

Crypto slang for holding assets long-term instead of selling.

M

Market Cap

Total value of a cryptocurrency calculated by price × circulating supply.

N

NFT

Non-Fungible Token - unique digital asset verified on blockchain.

S

Smart Contract

Self-executing code on a blockchain that automatically enforces agreements.

Staking

Locking up crypto to support network operations and earn rewards.

W

Wallet

Software or hardware that stores your cryptocurrency private keys.