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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

Node

A computer (server) connected to a blockchain and performing the functions of confirming transactions, creating blocks and storing copies of blockchain. In order for the computer (server) to become a node, it is necessary to install special software.

Other Important Terms

Liquidity

These are assets (tokens) to be sold or purchased on the market without any influence on the basic price of this asset.

BEP-20

This is the standard of tokens in the BSC blockchain (Binance Smart Chain).

ERC-721

This is a standard for non -replaceable tokens (NFT) in the Ethereum network. Each separate token ERC-721 is unique in its own way and cannot be replaced by another token. This type of tokens is used for collecting, real estate, paintings and art as a whole.

Hot wallet

This is a wallet that operates in online mode and is used to store cryptocurrencies. Examples: Metamask and Keplr.

IGO

A variety of ICO, in which blockchain-game acts as a project

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