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

Oracle Attacks

Hackers looking to manipulate the price feeds will launch these kinds of attacks. Smart contract hacks and bugs pose some of the biggest risks to DeFi users.

Other Important Terms

Ethereum

Launched in 2015, Ethereum is the world's programmable blockchain. Like other blockchains, Ethereum has a native cryptocurrency called Ether (ETH). ETH is digital money. People all over the world use ETH to make payments, as a store of value, or as collateral. But unlike other blockchains, Ethereum can do much more.

Oracle

These are feeds that provide necessary price data to DeFi protocols. Hackers do try to manipulate asset prices

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. 

Liquidity

Liquidity is the availability of liquid assets. It is mega-important for DeFi protocols since fees, slippage, and overall UX improves with greater liquidity. 

Off-Chain

Off-chain transactions occur “off” the blockchain network. Since these are not broadcast across the blockchain, they are low/zero-cost transactions.


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