Mainnet Swap
Mainnet swap refers to the shift of a cryptocurrency project from one blockchain network to another (which in most cases is its own native blockchain network).
All blockchain and cryptocurrency terms and jargons.
It is an open protocol for building decentralized exchanges (DEXs) on the Ethereum blockchain, that enables peer-to-peer exchanges of assets.
It is a hypothetical situation of a potential attack on the blockchain network, in which more than 50% hashing power of the network comes under the control of a person or group, and causes network disruption.
A string of alphanumeric characters that designate the location of a sender and received on the blockchain. It represents a crypto wallet or exchange from where cryptocurrencies are sent or received.
A marketing technique used to promote and create awareness about a new product by distribution-free crypto tokens/coins to the users into their wallets.
A sequence of well-defined instructions is incorporated into computer software that performs a computation to produce desired results and solve a specific problem.
It is an acronym for alternative coin, which describes cryptocurrency other than bitcoin. All other coins except bitcoin are termed “altcoins”.
A set of comprehensive international laws and regulations to prevent the flow of funds generated from illegal activities in the form of cryptocurrency.
An act of buying and selling the same asset in different markets or exchanges to take advantage of the price differences and earn more profit.
A cryptocurrency portfolio holding a large quality of certain coins and tokens.
It is a prolonged period of fall in prices by 20% or more. It indicates a negative market trend and low investors’ confidence.
A cryptocurrency exchange that offers buying, selling, spot trading, and staking to investors.
Native crypto coin or token of Binance exchange used to pay transaction and trading fees.
Bitcoin was launched in 2009 as the world’s first cryptocurrency. It is a virtual currency that uses peer-to-peer technology for transferring funds and blockchain for recording transactions.
Blockchain is a decentralized and distributed ledger that uses cryptography to record transactions. Cryptocurrency operates on blockchain technology.
It represents an extended period of an upward trend in prices. It indicates positive trends in the market and high confidence among investors.
Single or multiple large buy limit orders placed on a cryptocurrency exchange at the same price.
Call options are financial contracts that give an option buyer the right, but not the obligation, to purchase a stock, bond, commodity or other asset at a specific price.
A blockchain network that uses proof of stake technology to verify transactions. It facilitates peer-to-peer transactions with its own native token ADA.
In contemporary economies, the central bank is responsible for the formulation and transmission of monetary policy, as well as for the regulation of member banks....
An algorithm that encrypts and decrypts information.
A virtual currency that works as an independent medium of exchange on the blockchain.
Cryptocurrency exchange for buying, selling, and trading cryptocurrencies and tokens. It is the first crypto exchange to be listed on Nasdaq.
A cryptocurrency wallet or storage that is not connected to the internet. It comes in the form of a hardware device that stores private keys.
A website or app that distributes small amounts of cryptocurrencies in the form of an award on completing certain tasks or crossing a level in a game.
A digital/virtual currency that uses cryptography technology to work as a medium of exchange. Cryptocurrency transactions are recorded on the decentralized ledger called the blockchain.
An online platform where digital assets or cryptocurrencies can be bought, sold, and traded.
A process of encryption and decryption of information on blockchain networks for the transfer of cryptocurrency.
A software application that runs on a decentralized peer-to-peer network, which is not controlled by a single entity.
A blockchain based-organization that is developed and managed by open-source code and computer-defined smart contracts without the need for any single centralized authority and human intervention.
A peer-to-peer exchange based on blockchain technology that allows users to buy, sell, and trade cryptocurrency without the need of any centralized intermediary.
Stands for peer-to-peer transfer of funds through blockchain technology without the involvement of any centralized intermediary like a bank. It uses a decentralized application (DAap) to execute the transactions.
Converting an encrypted text (ciphertext) into readable data (plaintext).
A virtual currency that is managed, stored and transferred over the internet without any physical manifestation.
An electronic signature consists of a security key, alphanumeric codes, or biometric details to verify the authenticity of an electronic document and prevent it from unauthorized access.
Dogecoin is an open-source peer-to-peer digital currency. Initially, it was created as a parody cryptocurrency based on a viral sarcastic internet meme of a Shiba Inu dog.
An event of sudden selling off a big chunk of digital assets.
Converting readable data (plaintext) into unintelligible data (ciphertext) to prevent unauthorized access.
A token standard used for creating and issuing smart contracts which are further used to issue tokens that can be exchanged on the Ethereum network.
A legal financial agreement between two parties in which a digital asset or digital currency is held by a third party until the conditions are met and a deal is finalized.
Native cryptocurrency of Ethereum blockchain. Similar to Bitcoin it is used as a virtual currency on the internet to exchange digital assets.
A decentralized blockchain cloud computing platform that enables developers to create smart contacts and decentralized applications based on peer-to-peer networks. Ether is the native cryptocurrency of Ethereum used as virtual currency for the exchange of digital assets.
Represents insecurity among investors when prices fall significantly during a short period of time due to the negative trend in the cryptocurrency market.
Government-issued currency used as a medium of exchange such as USD, Euro, Yuan Yen, and Rupees. It can be used as a legal tender physically or digitally.
A hypothetical situation when Ether overtakes the total market capitalization of Bitcoin to become the world’s most valuable cryptocurrency.
An investment strategy to generate quick profit by buying and selling a digital currency within a short period of time.
A situation of anxiety among investors over missing out on an opportunity for profitable investment when prices are low.
It refers to splits into a blockchain when an update or change occurs in its protocol or basic set of rules. It happens due to disagreement among network participants, resulting in the creation of two versions of blockchain classified into two categories- soft fork and hard fork.
A cryptocurrency exchange that facilitates buying, selling, and unique derivatives trading for both retail and institutional investors.
A fee that is spent in the form of Ether (ETH) to execute a transaction or contract on the Ethereum blockchain platform.
The maximum amount of fee an investor is willing to spend to execute a transaction on the Ethereum blockchain network.
The price an investor or trader is willing to pay for a transaction on the Ethereum blockchain network.
A mobile-based two-factor authentication (2FA) application that uses a time-based one-time password (OTP) to authenticate a user’s identity while logging into a crypto exchange.
A protocol change in the blockchain creates an alternative version of the blockchain that is incompatible with the original blockchain protocol and invalidates all previously valid transactions.
An online wallet comes in the form of a hardware device that stores crypto assets and private keys of the user to protect it from potential vulnerabilities.
An output produced by a hashing algorithm by mapping a piece of data also denoted as a hash value, hash value, or digest.
A mathematical function that transforms an input string of any length into a fixed-length output string.
A unit of measurement at which mining hardware is able to calculate new hashes. Hash rate is measured in terahashes per second (TH/S).
An acronym for hold refers to holding an investment for a long period of time. It derived from a typo mistake in a Bitcointalk post in which “hold” was misspelled as “hodl” which was later expanded to “hold on later dear life”.
A cryptocurrency wallet that is connected to the internet, used for storing digital assets.
A cryptocurrency exchange for buying, selling, and trading cryptocurrencies for retail and institutional investors.
Large buy or sell orders split into small orders to hide the total quantity of orders.
Sale of tokens on a cryptocurrency exchange by an early-stage company to raise funds similar to Initial Public Offerings (IPOs) in the Stock market.
The smallest denomination/unit of Binance Coin (BNB) which is a cryptocurrency created by the Binance exchange.
An acronym for “Joy of Missing Out”. A situation in which an investor does not feel anxious over missing out a potential profitable investment.
The standard procedure of verifying the identity of customers by a cryptocurrency exchange to meet the compliance process as mandated by regulators to prevent anti-money laundering (AML) activities.
A physical or digital record of transactions consists of information related to times, date, sender, and recipients. A blockchain is a tamper-proof ledger
Placing a buy or sell order at a specific price. The order is executed when the price reaches that limit.
The ability of a cryptocurrency to be easily bought and sold or converted into cash or other coins without impacting the overall market price.
Mainnet swap refers to the shift of a cryptocurrency project from one blockchain network to another (which in most cases is its own native blockchain network).
Malware or malicious software refers to harmful programs utilized by bad actors to illegally access and/or compromise a computer, network or server.
Instant buying or selling of a cryptocurrency at the best available price on a crypto exchange.
A cryptocurrency created as a joke from an online meme or viral image such as Dogecoin.
A hash-based data structure used for data verification and synchronization in the blockchain network, in which a leaf node is labeled with the hash of a data block and a non-leaf node is labeled with the cryptographic hash of its child nodes.
A form of data that includes information about other data.
An online currency wallet and web browser extension allowing users to access Ethereum -enabled decentralized apps (Dapps) for buying, selling, and trading cryptocurrencies.
A shared virtual reality world where users are able to interact with each other in a computer-generated environment.
A unit of cryptocurrency equivalent to one millionth or 0.000001 of a bitcoin.
The least amount of collateral required to be held against a given loan
Process of creating new coins in circulation by verifying and recording new transactions on a blockchain network using the Proof of Work (PoW) consensus mechanism.
A wallet that requires multiple signatures or keys to approve a transaction.
A computer that is connected to a blockchain network for sharing information and validating transactions.
A cryptographic token representing digital assets like art, music, or game that cannot be exchanged for other digital assets.
A number that is generated for the verification purpose of a transaction hashed by a miner on a blockchain network.
An electronic list of buy and sell orders for a specific asset or financial instrument on an exchange or marketplace.
A block whose parent block is unknown and discarded within a blockchain network due to time lag.
A decentralized communication or exchange of transactions between two or more computers or nodes on a distributed network without the involvement of any centralized authority or server.
A string of encrypted alphanumeric characters that work as a digital signature to grant access to the funds and prevent unauthorized access.
It's a consensus mechanism used by blockchain in which a participant is incentivized for validating transactions or blocks, according to the amount of cryptocurrency they have at stake. Stake capital act as collateral to become a validator, which can be destroyed if a validator verifies an incorrect transaction.
A mechanism that allows blockchain networks to come to a consensus to verify and track the creation of new blocks and transactions. Miners who perform computational work to verify the accuracy of new transactions and add new blocks to the blockchain receive rewards.
A set of cryptographic alphanumeric characters that denote a wallet address on the blockchain network to transfer funds.
It involves buying a large amount of a cryptocurrency followed by running a misleading information campaign to artificially increase its price and sell assets all of a sudden to make a substantial profit, causing losses to the investors.
A contract that allows an investor to sell a digital asset at a specific price within a fixed time period.
Represents the performance and profitability of an investment by comparing its ratio between net profit and net cost.
Anonymous/pseudonymous name of the individual or group of individuals who create first cryptocurrency Bitcoin.
Represents a share of ownership of a digital asset recorded on the blockchain ledger.
A form of public offering in which tokenized digital securities (security tokens) are sold in security token exchange on the blockchain.
A collection of 12-24 words used as a recovery mechanism to access a cryptocurrency wallet in case a user loses access to the cryptocurrency wallet or its private key.
A term used to denote soft fork change in the transaction format of Bitcoin, which reduces the weight of transactions in a block by separating digital signature data from transaction data.
A very large sell limit order placed on a cryptocurrency exchange at a specific price level.
It allows multiple crypto token holders to combine their staking power to increase their chances of successfully validating a new block and getting rewarded.
A computer program that acts as an agreement between two or more parties, written in the form of code on the blockchain network to executive transactions once predetermined conditions are met.
An update in blockchain creates a new version of blockchain which is compatible with the older version and validates all previous transactions.
A public marketplace or exchange where cryptocurrencies are traded for immediate delivery at the current price.
Immediate settlement of buying and selling cryptocurrencies at real-time prices.
A digital currency that maintains stable value by tying it to predetermined assets such as fiat currencies, commodities, and financial instruments.
A protocol that offers a way of earning passive income and rewards for holding digital currencies without selling them.
A stablecoin pegged to the U.S. dollar at a 1:1 ratio to maintain a stable value.
A symbol comprised of a combination of letters assigned to cryptocurrencies on crypto exchanges or trading platforms. For example, Bitcoin’s ticker symbol is BTC while its ETH for Ether.
A unit of cryptocurrency built on existing Blockchain using smart contracts to facilitate trades between two users. ECR-20 are XRP are among some of the popular crypto tokens.
A number of trading activities took place or units traded for a digital asset in a market during a specific time.
An online mobile and web-based charting analysis platform, that provides information regarding investment strategies, technical analysis, and other indicators.
An extra layer of security provided by third-party apps such as Google Authenticator and Authy on crypto exchange platforms to protect digital assets and personal information.
The amount of digital currency left unspent after executing a transaction.
Human interaction with a digital service through different modes including an electronic device, webpage, display screen, touchpad, mouse, or keyboard.
A Canadian programmer and writer who confounded blockchain technology Ethereum in 2015
A degree of fluctuation in the trading price of a crypto token in a defined period.
A place bearing an address on the crypto exchange to send and receive and store crypto assets and validate your transactions. Crypto wallets are of two types, Hot (offline hardware wallet) and Cold (online software wallet).
An Individual or group of individuals who holds a large proportion of coins of a particular cryptocurrency and have the power to manipulate the whole ecosystem.
A technical document published by cryptocurrency companies explaining their new project’s functioning and purpose.
Native cryptocurrency token of Ripple blockchain network.
Lending or staking your crypto holding within blockchain protocol to earn passive returns through interest and rewards.
The transaction that has been initiated but has not been confirmed on the blockchain network.
It allows one party to prove to another party that a statement is true using cryptographic evidence without revealing information about the transaction.
An acronym for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge”, which refers to a method of proving that something is true without revealing information to the network.