Token Metrics

Muhammad Azeem

List of terms and their definitions used in the crypto space.

Crypto Glossary

If more than half the computing power on the network is in control of a single person or a group of persons, then a 51% attack is in place.

51% Attack

- # -

A political philosophy and modern school of anarchist thought that advocates the elimination of centralized state domination.

Anarcho-capitalism

A way of taking advantage of differences in price of the same commodity in two or more exchanges or markets.

Arbitrage

ASIC

The practice of masking the sponsors of a message to make it appear as though it is supported by grassroots participants.

Astroturfing

A way of letting users directly exchange one type of cryptocurrency for another, off-chain or on a different blockchain.

Atomic Swap

- A -

A type of statistical chart characterizing the prices and volatility over time of a financial instrument or commodity.

Bollinger Band

An attacker submitting many passwords or passphrases with the hope of eventually guessing correctly.

Brute-force Attack

- B -

Chain Split

The content of the 'input' of a generation transaction.

Coinbase

Cold Storage

A general agreement among the members of a group or community.

Consensus

The use another party’s computer to mine cryptocurrency without their consent.

Crypto-jacking

Any activist advocating widespread use of strong cryptography and privacy-enhancing technologies as a route to social and political change.

Cypherpunk

- C -

World Wide Web content that exists on darknets.

Dark Web

A small, brief recovery in the price of a declining stock.

Dead Cat Bounce

A consensus mechanism where users can vote for delegates producing blocks on the blockchain.

Delegated Proof of Stake (DPoS)

A digital code that is generated and authenticated by public key encryption.

Digital Signature

- D -

A pervasive apprehension that others might be having rewarding experiences from which one is absent.

FOMO

When developers take a copy of source code from one software package and start independent development on it.

Fork

An acronym that stands for “fear, uncertainty and doubt”.

Node that downloads a blockchain’s entire history in order to observe and enforce its rules.

Full Node

- F -

Genesis Block

- G -

An event in which the total rewarded bitcoins per confirmed block halves.

Halving

Rule change such that the software validating according to the old rules will see the blocks produced according to the new rules as invalid.

Hard Fork

A mathematical algorithm that maps data of arbitrary size (often called the "message") to a bit string of a fixed size.

Hash Function

A unit of measurement for the amount of computing power the Bitcoin network is consuming in order to be continuously operational.

Hash Power (or Hash Rate)

A Hybrid PoS/PoW cryptocurrency is one that allows consensus to occur through both proof of stake and proof of work mining.

Hybrid PoS/PoW

- H -

A tree in which every leaf node is labelled with the hash of a data block.

Merkle Tree

Mining

- M -

A copy of the blockchain that exists on a computer or other type of hardware device.

Node

An arbitrary number used only once in a cryptographic communication.

Nonce

- N -

A consensus mechanism deters denial of service attacks and other service abuses such as spam on a network.

Proof-of-Work (PoW)

- P -

A technical indicator that tells the current and historical strength or weakness of a stock or market.

Relative Strength Index (RSI)

REKT

- R -

The smallest unit of bitcoin with a value of 0.00000001 BTC.

Satoshi

A password-based key derivation function created by Colin Percival.

Scrypt

Solutions that process data in a way that decreases the burden of the base layer (root chain).

Second-Layer Solutions

A list of words which store all the information needed to recover a Bitcoin wallet.

Seed Phrase

A scaling approach that enables splitting of blockchain network into individual segments (or shards).

Sharding

A designation for a blockchain ledger that runs in parallel to a primary blockchain.

Sidechain

It occurs when old network nodes do not follow a rule followed by the newly upgraded nodes.

Soft Fork

Cryptocurrencies designed to minimize the volatility of the price of the stablecoin.

Stablecoins

A process of pooling (delegating) the validation stakes with one wallet, called a staking pool.

Staking

The process in which users transact with one another directly outside of the blockchain.