Cryptoclopedia

This stands for "All Time High". Meaning the highest price point of a currency's price history.

A Bitcoin address is similar to the idea of a bank account - it indicates the exact location from which you send, receive or hold your currency. It consists of a long string of alphanumeric characters.

All cryptocurrencies other than Bitcoin and Ethereum.

Traders can take advantage of price differences of the same currency on two different exchanges/markets.

Someone that holds a coin throughout a pump and dump cycle for future rewards.

A currency can have a bearish movement, which indicates that the price is going to decrease.

The first cryptocurrency based on Satoshi Nakamoto's famous white paper.

Was created after Bitcoin hard forked on the 1st of August 2017 over a dispute of increasing the block size from 1mb to 8mb. Bitcoin Cash is notably faster and cheaper compared to Bitcoin.

When you mine a block you get 25 bitcoins as a reward, however this number halves every 210.000 Blocks.

Blocks are basically pages in a ledger, where data related to the network is stored. (this data can not be altered)

A technical analysis model to determine whether the market is currently overbought or oversold.

A currency can have a bullish movement, which indicates that the price is going to increase.

A large bid as a tool to increase the total value of a certain currency.

In a system where components need to come to an agreement to function correctly (e.g. a blockchain where everyone who has a copy of the chain needs to make sure they all have the same chain) Byzantine failures will prevent those components from coming to an agreement for various reasons (usually errors that are hard to detect). A Byzantine Fault Tolerant system means that measures are in place to handle such Byzantine failures.

A decentralised proof of stake cryptocurrency and smart contract platform built in Haskell with security and scalability at its core.

When you store your cryptocurrency on cold storage it means that you have taken your currencies offline (usually to keep them safe from hacking). Hardware wallets are often used in this scenario.

A woman who is only interested in your lambos and moon suite.

Exchanges such as Coinbase or Bittrex are centralized because they facilitate the transactions between the users. Decentralized exchanges are based on P2P and cuts out the need for tradional exchanges (see P2P).

Enterprise Ethereum Alliance. A group of startups and companies that work on use-cases and best practices for the use of Ethereum.

Websites where you can buy or sell cryptocurrencies.

A currency established and regulated by a government - such as the Dollar ($) or Euro (€)

Fear of missing out. The psychological concept that is fueling this cocaine fueled crypto train.

Fear - Uncertainty - Doubt. Some people intentionally spread negativity and doubt to decrease the price of a currency.

The one guy spamming the Reddit thread, that the project is doomed and the lead programmer is an alcoholic.

The four stages of the Ethereum development.

A measure of how much computing power is needed to complete a transaction e.g. on the Ethereum network. Depending on the task ie. a simple transaction vs. a smart contract different amounts of gas are needed.

A type of margin trading that profits if the price is increasing.

A type of margin trading that profits if the price is decreasing.

Getting drunk on a bitcoin forum and telling everyone to hold their Bitcoins turned into a meme. The headline and first sentence explains the HODLmeme well. https://bitcointalk.org/index.php?topic=375643.0

Halving is the reduction of the reward you gain for mining blocks. For bitcoin the reward is halved every 210.000 Blocks.

A hardware device in which you can store your cryptocurrencies. This option is often regarded as the safest storage option for your cryptocurrency.

The speed at which a block is discovered and solved by the miners of a blockchain.

Stands for Initial Coin Offering and is basically a crowdfunding process where investors like you and me can trade Bitcoin, Ether or FIAT for a currency or token issues by the company behind the ICO.

IOTA is a currency that allows you to pay for anything no matter how small the value. Because of this, it has become an attractive option not only for people, but for iot devices (Internet of Things) to transact with each other. Transactions are free.

Because what else would we spend our 'hard earned' crypto money on, if not Lambos. This phenomenon is often triggered by Mooning. (see mooning)

Popular hardware wallet

An order that can't be completed if the price that is set by the trader cannot be met - while the order is open.

A Bitcoin (BTC) clone designed to fix the some of drawbacks of Bitcoin. Most notably, fast and cheaper transactions.

Moving Average Convergence Divergence. A trend indicator that shows the relationship between two moving averages of prices.

A way to magnify your gains by borrowing funds from a broker to trade a currency, while leveraging your existing funds as collateral. (only do this as an experienced trader)

The current total value in a cryptocurrency. You calculate this value by multiplying the current value of a single unit by the total available supply of the coin.

A sell or buy on an exchange at the current price of the currency. You buy to the currently cheapest possible price and sell to the currently highest price.

The process in which computers discover and solve blocks along the blockchain.

A computer rig designed to mine blockchains.

Someone who has just invested 100$ in a shitcoin (see shitcoin) and think he'll be driving a lambo (see lambo) next week. Coincidentially the retarded jester in the Game of Thrones books is also named Moonboy...

When your favorite cryptocurrency gets strapped on a rocket and grows in 'out of this world' speeds. This can often lead to the 'Lambo' phenomenon. (See Lambo)

Stands for multisignature. In simple terms it means that you need more than one signature in order to approve a transaction.

Are important members of the Blockchain ecosystem, in simple terms nodes are replicated databases that 'work' on maintaining the blockchain.

Stands for peer to peer. Which is one of the key value propositions of the blockchain, as it allows us to cut out the middleman such as banks & notaries in transactions and interactions.

Proof of Stake is a consensus algorithm used by blockchains, which aims to distribute consensus. (See Consensus)

A consensus algorithm used by blockchains like Ethereum or Bitcoin. More specifically, a proof of work is a piece of data which is difficult (costly, time-consuming) to produce but easy for others to verify. Producing a proof of work can be a random process with low probability so that a lot of trial and error is required on average before a valid proof of work is generated.

A scheme that increases a currency's price through inflated numbers and exagerrated statements. The people behind the pump know this and 'dump' their stock at a high price.

Return of investment. The number of how much money you have made compared to your initial investment.

The smallest fraction of a Bitcoin. One Satoshi equals 0.00000001 BTC. Satoshis are usually referred to as "sats" e.g. 2000 sats are equal to 2000 Satoshis.

The opposite of a buy wall. A sell wall is a huge amount of limit orders (see limit orders) of the same pricepoint, which seeks to keep the price from rising.

A node can hold the complete copy of a blockchain, which however isn't the most scalable solution. In order to improve the networks performance, sharding allows nodes to only contain partial copies of the whole blockchain.

Tricking people into thinking that a coin will be the best investment for the future. You can just pay McAfee for hyping your coin and have a great example of shilling.

A worthless cryptocurrency that has no value to the world (often a scam).

A digital signature is similar to your real signature, it proves who you are. However instead of a being handwritten, digital signatures makes use of cryptography and math to secure your identity.

Normal transactions allow you to send money from A to B, usually with a middleman like a bank. With smart contracts you're able to enrich a transaction with conditions, which allow you to transfer money from A to B, based on the fulfillment of condition C, without any middleman such as a bank.

Software in which you can store your cryptocurrencies. You can download many software wallets for free online.

A popular language in which smart contracts are written in.

A coin with lower volatility then the rest of the market, which can be used to trade against the market.

An order that makes sure that a transaction does not take place at a price worse than the indicated target.

The potential event where Ehtereum outgrows Bitcoin in its market cap. All of us early Ethereum investors are crossing our fingers for this event.

Tokens are used by startups that issue their own currencies on the Ethereum network in their ICOs.

Popular hardware wallet

One of the co-founders of the Ethereum blockchain. Can be seen tweeting about the idealistic approach we should all embrace when it comes to crypto.

A trader that owns a huge quantity of cryptocurrencies.