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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

Flip

This is a crypto -investor strategy entitled "Remove cryptocurrency, sell it, as soon as possible and forget it

Other Important Terms

IDO

This is a format for attracting investments in which the sale of tokens to investors of any project is organized on a decentralized exchange, for example, Pancakeswap. ILO (Initial Liquidity Offering) - a type of IDO when funds are sent to the liquidity pool

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.

Gem

This is a potentially profitable asset, which in the future can bring a lot of profit to the investor.

Block explorer

A block explorer is an online service to track blockchain transactions. It usually is a website where you can see all the new blocks that are being created. You can also search for transactions and wallet addresses. The best-known block explorers are blockchain.info for Bitcoin and etherscan.io for Ethereum.

GM / GN

Good morning / Good evening -

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