Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

Quick Links

Tools

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

Other Important Terms

Crane

This is a special application or site that allow you to get a certain number of so -called test tokens on your wallet and use them in the future to perform various tasks, for example, twisters.

ERC-20

This is a standard, a certain set of rules that allows developers to create tokens over the Ethereum blockchain. These tokens are known as ERC-20 tokens. The ERC-20 standard is the most common in the cryptocurrency industry today.

Tokenomics

This is the economic model of token, which sets out the main aspects associated with the creation of token, its distribution, management, etc.

ATH

The maximum value of the price for token for the entire period of its existence. Перевод Microsoft

Block Reward

The block reward is the payment that is offered to the node that is securing the blockchain. In the case of Bitcoin, which is has a Proof-of-Work consensus algorithm, these would be the miners. The payment is in the form of the native cryptocurrency of that blockchain. The amount is a predetermined reward per block, but often that is supplemented with the fees that are paid for the transactions that block contains. For Bitcoin the current block rewards are cut in half every four years. This is called the ‘halvening’.

Cryptocurrency News

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.