A beginner, neophyte, a person who has no competencies, skills and experience in the cryptocurrency industry. As a rule, a very naive, lazy and unpromitative, in connection with which it becomes a victim of fraudulent projects in this area.
This is a format for attracting investments in which the organization sells part of its assets (tokens) in exchange for cryptocurrencies. ICO is an analogue of an IPO in the cryptocurrency market, only instead of shares/bonds are used project tokens.
Who (Wallet Holder Offering) - a type of ICO, which is carried out only by owners of certain wallets
Launched in 2015, Ethereum is the world's programmable blockchain. Like other blockchains, Ethereum has a native cryptocurrency called Ether (ETH). ETH is digital money. People all over the world use ETH to make payments, as a store of value, or as collateral. But unlike other blockchains, Ethereum can do much more.
This is a period of locking tokens.
As a rule, tokens are not given to investors all at once, but in several portions - butter. For each butch, the deadlines and the number of tokens are indicated. So temporary segments between the battles can be called cliffs. For example, the conditions of the sank is as follows: 50% of the tokens will be issued in TG (first butch), then cliff (blocking) for two months, then another 25% and again for six months, etc.
This is the stage of waiting for a transaction. For example, the user sent funds to another wallet, but immediately this transfer will not occur, because for some time this transaction is checked by special services, and is in processing. On the user side, this transaction will be marked with "Pending".
"Decentralized autonomous organization", which is controlled by smart contracts. DAO does not imply a hierarchy, the organization’s data operate transparently according to the rules prescribed in the code. In order to become a member of the DAO and have the right to vote, it is necessary to purchase native tokens, the more tokens, the greater the weight has the voice.
