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Cryptocurrency and Blockchain Dictionary

A complete list of crypto definitions

Cryptocurrency and blockchain glossary

Commonly used terms in the blockchain and cryptocurrency

Terms commonly used in the world of blockchain and cryptocurrency

2 Factor Authentication (2FA)

2 Factor Authentication is a double layer security measure. Most crypto exchanges use it. In order to log in, you not only need to enter a password, but also a code that you receive from the Google authenticator for example.

51% Attack

A ‘51% attack’ refers to a possible attack on a blockchain by a group of ‘miners’, who hold more than 50% of the hashrate. In such a situation the ‘miners’ have the possibility to deliberately not confirm transactions or to issue transactions twice (double-spend).

Abstract

An ‘abstract’ is a summary of a (technical) document. A logical place is the beginning of a ‘white paper’ to describe it briefly.

Airdrop

An airdrop is a way to distribute coins. End users can generally get coins for free or in exchange for a small task, such as subscribing to a newsletter, sending a tweet or inviting other people via a personal affiliate link.  

All-Time High (ATH)

ATH means the highest price ever paid for a particular currency has been in history. ATH is also often used to indicate that total portfolio has reached the highest value ever.

All-Time Low (ATL)

ATL means the lowest price ever paid for a particular currency has been in history. ATL is also often used to indicate that total portfolio has reached the lowest value ever.

Altcoin

An altcoin is any cryptocurrency or token created after the Bitcoin was developed.


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