The most important terms in cryptospace.

A form of staking in which cryptocurrencies are pegged for a fixed period of time to support network functions and receive rewards.

A trading strategy that involves betting that the price of an asset will rise.

The active blockchain network on which actual transactions take place - as opposed to a test network.

The official launch of a blockchain main network after a development and test phase.

A fee model for exchanges in which "makers" (who provide liquidity) pay lower fees than "takers" (who withdraw liquidity).

The total value of an asset, calculated as the price times the number of existing units.

A player in financial markets that continuously provides buy and sell offers to promote trading and liquidity.

A special network node in a blockchain that often takes on additional functions, such as governance or fast transactions.

The maximum number of coins or tokens that will ever exist for a cryptocurrency.

A collection of transactions that have not yet been added to the blockchain and are awaiting confirmation.

A cryptographic proof that proves the affiliation of a data element to a data set without disclosing the entire data set.

A digital space that combines virtual reality, blockchain technology and the internet - often used for digital identities and assets.

A very small payment that is mostly used for digital content or services - enabled by low-cost blockchain transactions.

Mining refers to the process of processing, securing and synchronizing transactions in a decentralized blockchain system. It is an essential component of cryptocurrencies such as Bitcoin and Ethereum, as it enables both the creation of new coins and the validation of transactions.

A key figure that indicates how difficult it is to mine a new block - influenced by network activity.

A data center with specialized mining equipment that mines cryptocurrencies on a large scale.

An association of miners who pool their computing power to increase the chances of mining rewards.

A computer that is specially configured for mining cryptocurrencies - can consist of GPUs, CPUs or ASICs.

Programs that run on a computer to perform mining tasks and enable participation in mining pools.

A sequence of words that serves as a backup for a wallet - allows access to the wallet if the private key is lost.

A term in the crypto community for a rapid, sharp rise in the price of a cryptocurrency.

The ability of a blockchain ecosystem to connect several different blockchains and facilitate exchange between them.

A wallet that requires multiple signatures before a transaction is approved - increases security and control over funds.

An NFT is a non-fungible token. A unique digital asset stored on a blockchain - often used for digital art, collectibles or other non-fungible goods.

The main token of a blockchain that is used for transaction fees, governance or other network functions.

A fee for carrying out transactions on a blockchain that is paid to miners or validators to ensure the security and functionality of the network.

A person who does not own cryptocurrencies and is skeptical or critical of their value and future.

A computer or device that is connected to a blockchain network and verifies and forwards transactions. It contributes to the decentralization and security of the network.

A number used once in cryptographic calculations, especially when verifying a block in the blockchain.

A beginner in the crypto world who has little experience with digital currencies and blockchain technology.

A direct trade between two parties without the use of a public exchange - often used for large transactions so as not to influence the market.

Transactions or processes that take place outside the blockchain - to improve scalability and reduce fees - are often secured by on-chain mechanisms.

A system in which changes to the blockchain or its protocol are decided directly by votes within the network.

Software whose source code is publicly accessible and can be reviewed, edited and used by the community - promotes transparency and innovation.

The challenge of integrating external data into a blockchain without compromising security or decentralization - important for smart contracts.

A register of all buy and sell offers for an asset on an exchange - shows market activity and liquidity.

The part of a blockchain transaction that specifies the amount and recipient of the cryptocurrency sent.

The equality or exchange ratio between different currencies or assets - often used in relation to stablecoins.

A blockchain with restricted access, where a central authority determines who is allowed to participate - usually used in companies.

An open blockchain in which anyone can participate and validate transactions without authorization - promotes decentralization.

A fraudulent scheme in which profits are financed by the capital of new investors instead of legitimate earnings.

Protection against attacks by quantum computers; cryptographic algorithms designed to resist such attacks.

Malware that encrypts files and demands a ransom - often in cryptocurrencies.

Transferring money across national borders - cryptocurrencies enable cheap and fast transactions.

A cryptocurrency that is pegged to a stable reference such as a fiat currency or commodities to minimize price fluctuations.

A banking system in which only part of the deposits are held as reserves, while the rest is lent out.

A contract that stipulates the purchase or sale of an asset at a fixed price at a future date - often used for speculation.

The process of permanently removing tokens from circulation, often to reduce supply and promote price stability.

An event at which a crypto project sells new tokens, usually as part of an ICO, IEO or IDO to raise capital.

The exchange of one token for another, often via exchanges or smart contracts.

A method of converting real assets or rights into digital tokens to facilitate their trading and management.

The total value of all cryptocurrencies locked in a DeFi protocol or platform - a measure of size and activity.

A fee that is charged for carrying out a transaction on a blockchain.

An arrangement whereby a third party holds assets until certain conditions are met - often used to hedge transactions.

A system that does not require trust in a central authority, as it is based on mathematical proofs or blockchain technology.

The ability of a system to perform any predictable task - important for smart contract platforms.

People who do not have access to traditional banking services - a target for crypto-financial solutions.

A transaction that has been sent to the network but has not yet been included in a block or confirmed.

The underlying asset that determines the value of a financial instrument - in the crypto world often a token that represents a real asset.

A standardized unit of measurement for valuing goods, services or assets - used in the crypto world to measure the value of investments.

A token that provides access to a company's services or products, not primarily intended as an investment.

A digital wallet for storing and managing cryptocurrencies - can exist as a hot wallet (online) or cold wallet (offline).

The ratio at which one currency can be exchanged for another, relevant for fiat-to-crypto or crypto-to-crypto trades.

A person or institution that owns large amounts of a cryptocurrency and can therefore influence the market.

A cryptographic process in which a party can prove that a statement is true without disclosing further information - increases privacy in blockchain transactions.

A situation in which an asset is overvalued due to excessive buying and a correction seems likely.

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The opposite of overbought - a condition in which an asset appears undervalued due to high selling activity.