Cryptocurrency and Blockchain Dictionary

A complete list of crypto definitions

Cryptocurrency and blockchain glossary

Commonly used terms in the world of blockchain and cryptocurrency

Terms commonly used in the world of blockchain and cryptocurrency

BlockChain Explorer

Blockchain explorer provides block, transaction, and address data for different cryptocurrencies like bitcoin, ethereum and litecoin. 

Other Important Terms

Bounty program

Bounties are simple tasks of jobs by the team behind a coin. These can be as simple as joining a Telegram channel or by (re)tweeting. It could also be a bit more difficult like a translation job for example. The participants receive rewards in the form of coins in exchange for completing these bounties.

Slippage

The difference between the expected price of trading two assets and the actual price. Slippage is most frequent during times of high volatility or in illiquid pools. 

Deflationary Token

Tokens are “deflationary” if a percentage is permanently removed from the marketplace over time. Buy-backs and burns are a popular way of destroying tokens. This causes scarcity which hopefully makes the price rise.

APR

Annual Percentage Rate

Altcoin

An altcoin is any cryptocurrency or token created after the Bitcoin was developed.


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