A unique string of letters and numbers to and from which cryptocurrency is sent. An address—which is usually a hashed version of a public key—functions like an email address.

A unique string of letters and numbers to and from which cryptocurrency is sent. An address—which is usually a hashed version of a public key—functions like an email address.

A distribution of cryptocurrencies to a pre-defined set of blockchain addresses, free of charge. Airdrops can generate awareness of the cryptocurrency being airdropped, helping drive adoption. (Learn about how airdrops are taxed in this Beginner’s Course topic.)

containing both letters and numbers.

A cryptocurrency that functions similarly to—but not exactly the same as—bitcoin. Typically, founders will detail in their whitepaper how their project’s altcoin is distinct from bitcoin.

The token that is native to the Bored Ape Yacht Club (BAYC) ecosystem. The ApeCoin token has the ticker ‘APE’ and was launched on March 17, 2022. Learn about ApeCoin (APE).

Smart contracts that allow digital assets to be traded in a permissionless and automatic way by using liquidity pools, rather than a traditional market of buyers and sellers.

A sustained decrease in prices encouraging a negative outlook on the market.

The technical standard used to issue tokens on Binance Chain (not to be confused with Binance Smart Chain).

The technical standard used to issue tokens on Binance Smart Chain (not to be confused with Binance Chain).

A peer-to-peer network of nodes that maintain a blockchain-based distributed ledger of bitcoin balances. The cryptocurrency native to the Bitcoin network is bitcoin.

A website or software application that allows users to browse and analyse the entire history of a specific blockchain network.

The number of blocks that exist between a given block and the genesis block. The eighth block to be added to a given blockchain will have a block height of seven, for example.

The amount of newly minted cryptocurrency and transaction fees automatically awarded by the blockchain protocol to a miner when they successfully validate a new block.

A database created and maintained by a peer-to-peer network of nodes. Blockchains comprise individual blocks that are each cryptographically linked to one another.

Blockchain bridges help users transfer tokens between different blockchains.

An individual or firm (i.e., a brokerage firm) that typically charges a fee or commission for executing buy and sell orders submitted by cryptocurrency investors.

A deliberate misspelling of ‘build’, this term is essentially a reminder to focus on improving the quality of tech and projects occupying the space.

A sustained increase in prices encouraging a positive outlook on the market.

A unit of digital information. Typically, there are 8 bits in a byte. (A bit is a basic unit of information in computing and digital communications. It’s a portmanteau of ‘binary digit’.)

An effect that’s described as a change in relative prices resulting form a change in money supply.

The amount of time it takes for an unconfirmed cryptocurrency transaction to be included into the blockchain by miners. Transaction fee size can greatly affect confirmation time.

A CFD is a broker-client agreement to pay the difference between a security’s opening and closing price. CFDs are derivatives. So, when you buy or sell a CFD, you are not buying or selling the underlying asset.

A CFD is a broker-client agreement to pay the difference between a security’s opening and closing price. CFDs are derivatives. So, when you buy or sell a CFD, you are not buying or selling the underlying asset.

A scarce digital asset or digital form of money enabled by blockchain technology. Cryptocurrencies are native to particular blockchain networks (e.g., bitcoin to Bitcoin).

The practice and study of encrypting and decrypting information through complex mathematics Cryptography is a significant component of blockchain technology.

Short for ‘decentralised autonomous organisation’, a DAO is a type of organisation that is controlled by its stakeholders and has no central governing body.

Short for ‘decentralised autonomous organisation’, a DAO is a type of organisation that is controlled by its stakeholders and has no central governing body.

Short for ‘decentralised autonomous organisation’, a DAO is a type of organisation that is controlled by its stakeholders and has no central governing body.

Short for ‘decentralised autonomous organisation’, a DAO is a type of organisation that is controlled by its stakeholders and has no central governing body.