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Glossary

1hr

Stands for data for the past 1 hour.

24hr

Stands for data for the past 24 hours.

7d

Stands for data for the past 7 days.

30d

Stands for data for the past 30 days.

Address

A place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. A cryptocurrency address can be shared publicly in the form of text or QR code to those who want to send you cryptocurrency.

All-Time-High (ATH)

The highest point (in price, in market capitalization) that a cryptocurrency has been in history. Also, see All-Time-Low.

All-Time-Low (ATL)

The lowest point (in price, in market capitalization) that a cryptocurrency has been in history.

Block Explorer

An online tool to view all transactions that have taken place on the blockchain, network hash rate and transaction growth, among other useful information.

Block Reward

An incentive for a miner who successfully calculates a valid hash in a block during mining. By contributing to the security and liveness of the chain, the miner is rewarded with this incentive, ensuring that miners continue to act in the best interest of the blockchain by legitimately taking part in the process (instead of hacking it).

Circulating Supply

The best approximation of the number of coins that are circulating in the market and in the general public’s hands. Also, see Max Supply and Total Supply.

Max Supply

The best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. Also, see Circulating Supply and Total Supply.

Total Supply

The total amount of coins in existence right now, minus any coins that have been verifiably burned. Also, see Circulating Supply and Max Supply.

Confirmations (transaction confirmations)

A transaction is only confirmed when it is included in a block on the blockchain, at which point it has one confirmation. Each additional block is another confirmation. Different exchanges require a different number of confirmations to consider a cryptocurrency transaction final.

Cryptocurrency (cryptoasset, digital token, coin)

A cryptocurrency is a digital medium of exchange using strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Custody (custodial)

Usually referring to the storage of keys, in relation to wallets or exchanges, a custodial set-up is one in which private keys are being held by the service provider while they provide a login account. Also, see Non-custodial.

Delegated Proof-of-Stake (DPoS)

A consensus mechanism where users can vote for delegates producing blocks on the blockchain, with votes proportional to their stake. It aims to increase the efficiency and environmental friendliness of blockchain consensus protocols.

DYOR (Do Your Own Research)

This rule should be always followed before making any kind of investment into cryptocurrency.

KYC (Know Your Customer)

This process refers to a project’s or financial institution’s obligations to verify the identity of a customer in line with global anti-money laundering laws.

Portfolio

A collection of cryptocurrencies held by an investment company, hedge fund, financial institution or individual.

QR Code

A machine-readable label that shows information encoded into a graphical black-and-white pattern. For cryptocurrencies, it is often used to easily share wallet addresses with others.

ROI (Return of investment)

The ratio between the net profit and the cost of investing.

Wallet

A cryptocurrency wallet is a secure digital wallet used to store, send, and receive digital currency, and are divided into two categories: hosted wallets and cold wallets.

YTD (Year to Date)

Explanation.

Transaction ID (TXID)

Masternode (MN)

Proof-of-work (POW)

Proof-of-stake (POS)

Proof-of-service (POSe)

Mining, minting, staking – method of new blocks discovery in public blockchains. The actual word is depends from the method (POW, POS, etc.)

Blockchain

Staking

staking is the algorithm of co

 

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