Showing posts with label PoS. Show all posts
Showing posts with label PoS. Show all posts
Sunday, January 28, 2018
Dictionary of Crypto Terms for Beginners
For someone entering Cryptoland (world of Crypto Currencies) there are a lot of terms that can make some confusion. Here is a list of basic terms whose meaning is important to know:
FUD - Fear, Uncertainty, and Doubt.
FOMO - Fear Of Missing Out.
ATH - All-Time High.
Alt-Coin - CryptoCoin that is not Bitcoin.
Fiat - Your local currency.
HODL - Hold On for Dear Life.
P&D - Pump and Dump.
Satoshi - The smallest unit of Bitcoin available.
Whale - Trader with a lot of money.
Wallet - Place to hold your cryptocoins.
PoS - Proof of Stake.
PoW - Proof of Work.
Bullish - Expecting the price to go up.
Bearish - Expecting the price to do down.
ICO - Initial Coin Offering.
FUDster - Someone spreading FUD.
TA - Technical Analysis.
Mooning - Extreame Price Increases.
Lambo - Term used by Mooner expecting to be CryptoMillionaire overnight.
Fork - Creating a New Blockchain based on the current version.
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