Glossary
Airdrop
Free crypto sent to wallets to promote a project.
ATH
All-Time High, the highest price a cryptocurrency has ever reached.
Blockchain
A decentralized, tamper-proof digital ledger recording transactions.
Cryptocurrency
Digital money secured by cryptography (e.g., Bitcoin, Ethereum, Solana).
DAO
Decentralized Autonomous Organization, a member-governed organization using tokens for voting.
DeFi
Decentralized Finance, financial services (loans, trades) on blockchains, bypassing banks.
dApp
Decentralized Apps, an application running on a blockchain (e.g., decentralized social media).
FUD
Fear Uncertainty and Doubt, negative hype to drive down crypto prices.
Gas Fee
Transaction cost on networks like Ethereum.
HODL
Slang for holding crypto despite market swings (originally a typo for 'hold').
ICO
Initial Coin Offering, fundraising by selling new tokens.
Interoperability
Different blockchains exchanging data/assets.
IPFS
Internet Protocol FileSystem, decentralized storage for files (often used for NFT artwork).
Layer 1
Base blockchains (e.g., Ethereum, Solana).
Layer 2
Scaling solutions built atop Layer 1 (e.g., Polygon).
Liquidity
Ease of trading an asset without affecting its price.
Meme Coin
Cryptocurrency based on jokes (e.g., Shiba Inu).
Metaverse
Virtual worlds using blockchain for ownership.
Mining
Validating transactions on blockchains like Bitcoin for rewards.
Minting
Creating an NFT by uploading it to a blockchain.
NFT
Non-Fugible Token, a unique digital asset proving ownership (e.g., digital art).
Play-to-Earn
Games where players earn crypto/NFTs by playing.
Rug Pull
Scam where developers abandon a project after stealing funds.
Royalties
Automatic payments to creators when NFTs are resold.
Smart Contract
Self-executing code on a blockchain.
Staking
Locking crypto to support a network and earn rewards.
Token
A digital asset on a blockchain (e.g., governance tokens).
Wallet
Software to store crypto and interact with blockchains (Hot = online; Cold = offline).
Whale
Someone holding enough crypto to influence prices.
Whitepaper
A document explaining a crypto project’s goals/tech.