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Cryptocurrency and Blockchain Dictionary

A complete list of crypto definitions

Cryptocurrency and blockchain glossary

Commonly used terms in the world of blockchain and cryptocurrency

Terms commonly used in the world of blockchain and cryptocurrency

Pool

1) Mining Pool (Mining Pool) is the association of miners in order to simplify the production of cryptocurrencies. 2) Poole as a common fund. Investors create similar funds, invest their resources (this is not necessarily money, possibly investing their own time) in this fund and on behalf of the fund invest, for example, through tokens. The allocation won is distributed between the participants in the pool in proportion to the invested resources.        

Other Important Terms

Stakeing

This is a way of obtaining passive earnings. This method is based on the Proof-OF-Stake algorithm. Its essence is to keep the tokens on the wallet to obtain the right to participate in the extraction of cryptocurrencies. Tokens are blocked for a certain period of time and are used to ensure the activity of the blockchain. The user receives awards for performing these actions. Steering is a kind of analogue of a bank deposit at a certain percentage.

Food/ FAD

These are manipulations performed by some persons in order to spread obviously false or negative information, which will later cause a decrease in the rating of any project, the emergence of distrust of it or will contribute to the fall of the price of token.

Sail or Tokeneil

This is the format of crowdfunding of cryptocurrency means, which allows you to purchase project tokens at low prices and in the early stages before they are available for a wide audience of users on trading floors. Pre-Eed Round (Pre-SID stage) is the earliest stage of financing of the project, in which only partners and large funds at the lowest price of token participate, but with the highest risks SEED/Strategic Round (SID/Strategic round) - the next stage at which the price of token is higher, but the risks are lower, because the degree of development of the project is better (as a rule is MVP) - only funds and partners participate Private Sale (Private Sale) - small funds, clubs of investors, media partners are involved, distinguish direct allocations for influents - the price of token is even higher and the risks below. Large projects with TIR1-2 funds rarely use privat Public Sale (public round) - public sail to buy in front of listing for everyone - the price of token is maximum, risks minimal Community Sale (community Round) - Sale for participants in a particular community HOLDER SALE (round for holders) is a sail for holders of certain

Boyarin

Аn investor who made more x20 and earned a large amount of money an investor who received a large number of tokens due to the performance of activities (for example, twin), which has grown strongly in price Slove - the opposite of boyar - a person who does not have a large portfolio

Influenser

This is a very famous and authoritative personality in the crypto industry, who is the leader of opinions and affects the minds of many users.

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