Find here the details on the particular expressions used in cryptocurrencies.
The field of crypto-currencies has initially aroused interest among a very small community of developers, cryptographers and many other groups who find in crypto-currencies values essential to their activities, such as anonymity, security or decentralized governance.
As in every cutting-edge sector, a specific vocabulary is adopted by users. This reinforces the spirit of a community between insiders and makes it difficult for newcomers to understand the real issues at stake.
We have therefore prepared a lifeline for those who wish to enrich their vocabulary of the cryptosphere.
Download the document to always have it on hand! 👇
LEXIQUE GLOBAL
Wallet : Cryptocurrency wallet.
Market Cap : Total capitalization of a market. Token : Piece of a cryptocurrency. Exchanges : Centralized cryptocurrency exchange platform. Collateral : Placement of one asset under the equity method of another. Token de Gouvernance : Main currency of the blockchain. Supply : Number of outstanding token issues on an asset. Whitepaper : Document with all project data. CeFi (Centralized Finance) : Finance centralized by a governance body. DeFi (Decentralized Finance) : Decentralized, self-managed finance in the blockchain. Dex (Decentralized Exchanges) : Decentralized exchanges on the blockchain. AMM (Automated Market Maker) : Automatically managed market on the blockchain. DAO (Decentralized Automated Organisation) : Decentralized organization operating through the blockchain, and administered by a governance token. Swap : The process of exchanging one cryptocurrency for another on an AAM.
Fiat : Government currency.
LEXIQUE TECHNIQUE
Return on Investment (ROI) : How much money you make (or lose). All-Time High (ATH) : The highest price ever recorded! All-Time Low (ATL) : The lowest price ever recorded. Know Your Customer (KYC) : Requiring centralized companies to request identity verification from their customers. Proof of Stake (PoS) : As a proof of state, the transaction is carried out if a consensus between the two parties is found. Proof Of Work (PoW) : As proof of work, the transaction is deciphered by computers. Smart Contract : Intelligent transactions, they automatically perform actions. Token ERC-20 : ERC-20 quality token on the Ethereum blockchain. Token BEP-20 : BEP-20 quality token on the Binance Smart Chain blockchain.
LEXIQUE EXPRESSIONS
HODL : Buy and hold your cryptos for a long time! (Hold, holding)
HOLDERS : Number of people with a token. FUD (Fear, Uncertainty, and Doubt) : Spreading fear and misinformation to benefit oneself. Fomo (Fear Of Missing Out) : The emotion you feel when you panic buy for fear of missing an opportunity. BUIDL : Keep your head down and build the next financial system.
SAFU : The funds are safe! Bullish : Being very enthusiastic about the rise of an asset. Bullish market = bullish market. Bearish : To be very defeatist about the price of an asset. Bearish market DYOR (Do You Own Research) : Always do your own research before investing.
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