If you are new to crypto, you might be wondering what these terms actually mean. They are being used in trading signals, social media posts, articles and even on mainstream media lately, so let's bring some clarity. Let's start with what do we mean by Volatility: You've surely heard it many times: that cryptocurrencies are … Continue reading Volatility, Capitulation, Pump & Dump, Bagholder – what do they mean?
CPU & GPU, Mining Rig and ASIC – Explained
Welcome to "Crypto Jargon" - the series where we break down the complex crypto terminology. Today’s article features the following acronyms related to crypto mining: GPU and CPU Mining RIG, ASIC ASIC Resistant Let's start with GPU which is not a strictly crypto term. It is in fact something that every computer has: Graphics Processor … Continue reading CPU & GPU, Mining Rig and ASIC – Explained
Bitcoin Halving 2020: Everything You Need To Know
You’ve probably heard me talk about the Bitcoin halving in some of my videos and posts here on this blog and now that this event approaches fast, I think it’s time to give you an update on it and explain what it's all about. What is the Bitcoin Halving The Bitcoin halving is an event … Continue reading Bitcoin Halving 2020: Everything You Need To Know
Bitcoin Private Key and Seed Phrase: All You Need to Know
Ever since Bitcoin and other cryptocurrencies hit the mainstream and became a subject of a wider general public interest, they have been scrutinised for their complexity in terms of UI (user interface) and not-so user-friendly applications for access. The key thing about owning crypto is that it gives you full control over your capital, without … Continue reading Bitcoin Private Key and Seed Phrase: All You Need to Know
Stablecoin, Shitcoin, Scamcoin, Virgin coin, Privay coin, Utility & Equity tokens Explained
In a previous article by Crypto Jargon, we explained the difference between a coin and a token. So now, let's break down the types of coins and tokens that are currently most commonly used in crypto. In this post I'll break down the following: STABLECOIN VIRGIN COIN PRIVACY COIN SHITCOIN SCAMCOIN EQUITY TOKEN UTILITY TOKEN … Continue reading Stablecoin, Shitcoin, Scamcoin, Virgin coin, Privay coin, Utility & Equity tokens Explained
It’s 11 years since Bitcoin’s first block and the birth of Blockchain.
It's January 3rd 2020 and today marks 11 years since the Genesis Block being mined back in 2009. For those who missed my Crypto Jargon series, a genesis block is the first block of a blockchain.....
Soft Fork Vs Hard Fork and Other Types Of Forks Explained
Welcome to another edition of my short series “Crypto Jargon”. In these series, I break down the complex terminology we use in reference to cryptocurrencies and blockchain technology. In this article are featured the following acronyms for software changes and upgrades (known as software forks): Soft Fork (SF) Hard Fork (HF) User-Activated Soft Fork (UASF) … Continue reading Soft Fork Vs Hard Fork and Other Types Of Forks Explained
CYA, CYOA, DYOR, ELI5, IMO & YABC – what do they mean?
Welcome to another post from "Crypto Jargon" - the series where we break down the complex crypto terminology. Today's article features the following slang acronyms: These are acronyms mostly used on chat forums and twitter and haven't quite made it into the mainstream yet, so if you happen to spot them and not sure what … Continue reading CYA, CYOA, DYOR, ELI5, IMO & YABC – what do they mean?
DAPP, DAO, DAC, DAICO, DLT & DIF – what do they mean?
Welcome to another edition of my short series “Crypto Jargon”. In these series, I break down the complex terminology we use in reference to cryptocurrencies and blockchain technology. In today's article: What is a DAPP DAO DAC DAICO DLT DIF It seems we are stuck with the letter "D" today, so let's get started. First … Continue reading DAPP, DAO, DAC, DAICO, DLT & DIF – what do they mean?
ICO, IEO, STO, IPO & FREECO Explained
Welcome to another informative article of Crypto Jargon. Today I will explain the terms behind the following acronyms: ICO IEO STO IPO IMO FREECO So, let’s start with the most well-known I guess – ICO. It's been explained in a hundred videos already and you might have seen my video from a couple of years … Continue reading ICO, IEO, STO, IPO & FREECO Explained
BIP, BPI, EIP, ERC20 – what do they mean?
Welcome to Crypto Jargon, the series where I break down the complex terms used in reference to cryptocurrencies and blockchain tech. In this article of Crypto Jargon, we take a closer look at the terms: BIP BPI EIP ERC20 Starting with BIP which stands for Bitcoin Improvement Proposal. A document outlining technical specifications on how … Continue reading BIP, BPI, EIP, ERC20 – what do they mean?
POA, POB, POC, POD, POE, POI, POP, POS, POW, POST, dPoW, dPoS Explained
Welcome to another article from these series called "Crypto Jargon". This article is about the following types of digital proofs in relation to blockchain technology and cryptocurrencies. POA POB POC POD POE POI POP POS POW POST dPOW dPOS I will begin with the most commonly used ones, so I will not follow alphabetical order. … Continue reading POA, POB, POC, POD, POE, POI, POP, POS, POW, POST, dPoW, dPoS Explained
FUD, FOMO, JOMO, SHILL & TROLL – what do these mean?
Welcome to another post from my short series “Crypto Jargon”. In these series, I break down the complex terminology we use in reference to cryptocurrencies and blockchain technology. In this article of Crypto Jargon, we break down the terms: FUD FOMO JOMO SHILL TROLL You've probably seen FOMO and FUD a lot lately as these … Continue reading FUD, FOMO, JOMO, SHILL & TROLL – what do these mean?
Segwit, Lightning Network, Big-Blockers Vs Small-Blockers – what do these mean?
Welcome to Crypto Jargon. In this article, I am breaking down terms related to scaling and in particular, the scaling issues of Bitcoin like Segwit and Lightning Network so stay tuned, time to get started. First, let me explain what do we mean when we talk about scaling? This is referring to : increasing the capacity … Continue reading Segwit, Lightning Network, Big-Blockers Vs Small-Blockers – what do these mean?
Top Facts about Bitcoin on its 11th Anniversary.
It's 31 October 2019 and today marks exactly 11 years since the release of Bitcoin's whitepaper by Satoshi Nakamoto. On this day in 2008 the first cryptocurrency was conceived and it created a monumental shift in the way we perceive the future of money and provided a revolutionary new direction for resisting censorship from the … Continue reading Top Facts about Bitcoin on its 11th Anniversary.
Fiat Money, Commodity Money, Double Spend, Byzantine Fault Tolerance Explained
Welcome to another edition of my short series “Crypto Jargon”. In these series, I break down the complex terminology we use in reference to cryptocurrencies and blockchain technology. In this article, I am going to explain the difference between Fiat Currencies and Blockchain-based Currencies. As well as, what is censorship resistance, double spend and Byzantine … Continue reading Fiat Money, Commodity Money, Double Spend, Byzantine Fault Tolerance Explained
Genesis Block, Block Size, Block Height, Block Time, Block Reward, Block Timestamp Explained
Welcome to Crypto Jargon. In this article we look at the following terms: BLOCK BLOCK SIZE BLOCK HEIGHT BLOCK TIME BLOCK TIMESTAMP BLOCK REWARD. So, let's start with what is a Block. Simply put, this is a file with digital data, predominantly the most recent transactions of a cryptocurrency. As new blocks are created and … Continue reading Genesis Block, Block Size, Block Height, Block Time, Block Reward, Block Timestamp Explained
Atomic Swaps, DEX, OTC, Limit Order, Stop-Loss, Fill-or-Kill, Margin Trading & Wash Trading Explained
Welcome to another edition of my short series "Crypto Jargon" In this article I will break down the following terms: Wash trading OTC Limit order Fill or Kill order Stop order Margin trading Atomic swaps DEX I'm going to start with OTC which is an acronym for Over-the-counter, which is a term for Off-Exchange Trading. … Continue reading Atomic Swaps, DEX, OTC, Limit Order, Stop-Loss, Fill-or-Kill, Margin Trading & Wash Trading Explained
HODL, FOLD, BUIDL, TLT, BTD, BTFD, BTDSTP & BTRSTN Explained
HODL, FOLD, BUIDL, TLT, BTD, BTFD, BTDSTP & BTRSTN Explained.
ALT, ANN, TX, COIN vs TOKEN, AIRDROP, BOUNTY Explained
In this post I'm going to break down the following terms: ALT(COIN) TOKEN Vs COIN AIRDROP BOUNTY ANN TX. Starting with ALT which is short for Altcoin, which is short for Alternative coin. This is any cryptocurrency that is not Bitcoin - since Bitcoin was the first cryptocurrency of its kind, any cryptocurrency that is … Continue reading ALT, ANN, TX, COIN vs TOKEN, AIRDROP, BOUNTY Explained
What is BFA, Keylogging, Phishing, Trojan, DDOS & CryptoJacking?
Welcome to another Crypto Jargon post. The series where I break down the complex terms that we use in reference to blockchain tech and cryptocurrencies. Today I look at the terms: BFA Keylogging Phishing Trojan DDOS Cryptojacking What all of these have in common is that they are all forms of cyber-attacks. Hacking in one … Continue reading What is BFA, Keylogging, Phishing, Trojan, DDOS & CryptoJacking?
ADDY, WIRE, WALLET ADDRESS, Private and Public Key Explained
This the second of my Crypto Jargon blog series. In this article I'm breaking down the following terms: ADDY Wire Crypto Wallets Public Key Private Key If you've seen the other posts on this blog, you've probably heard me use Addy or Wallet more than a few times... Well, Addy is, in fact, short for … Continue reading ADDY, WIRE, WALLET ADDRESS, Private and Public Key Explained
AML, KYC, 2FA, FAQ & QRcode – what do they mean?
Welcome to Crypto Jargon - these are a series of 30 videos I launched recently on my YouTube channel and I am now adding them to my blog.
Bitcoin Paper Wallet – what is it and how to create one
A paper wallet is one of the most secure ways to store your Bitcoin and it's simply a piece of paper that contains a Bitcoin (BTC) address and its corresponding private key. In addition, a paper wallet often includes QR codes and with the tool I use to generate these, there's an additional security option to encrypt your … Continue reading Bitcoin Paper Wallet – what is it and how to create one
Facts about Bitcoin Every Investor Should Know…
Today (3 Jan 2019) marks the 10th Anniversary of the creation of the first block on the Bitcoin Blockchain. Named the Genesis Block, it marks also the beginning of Blockchain itself, so it's a milestone in the modern history of money and the beginning of the decentralization model we are most certainly all headed towards. … Continue reading Facts about Bitcoin Every Investor Should Know…
Stable Coins – A Quick Guide
Stablecoins (as the name suggests) are digital assets designed to maintain a consistent price. They are a store of value like the money you’d traditionally keep in a savings account and not a speculative investment. They are stable in nature which typically comes from the backing of some alternative value (often pegged to a fiat currency like … Continue reading Stable Coins – A Quick Guide
How to pay LESS FEES for Bitcoin transactions
Bitcoin fees have been a hot topic for quite some time now. Ever since the first major congestion on the Bitcoin network occurred back in 2016 we have seen many complaints and a hard fork that came out of the ongoing debate regarding scaling and reducing the fees we pay for Bitcoin today. There was … Continue reading How to pay LESS FEES for Bitcoin transactions
Privacy Coins
In the abundance of crpytocurrency projects out there, many are aiming to improve on what is currently lacking in the privacy sector. As more and more people are adopting cryptocurrencies, they begin feeling too exposed because of the public record they keep of all transactions executed. This is why we are talking about Privacy … Continue reading Privacy Coins
What is cryptojacking?
There's been some talk about this on social media for a while, I also reported about it in my weekly podcast a few times too, well now it's time to elaborate on it. So, what is it? It's a term that describes an act of hijacking someone else's CPU to mine cryptocurrencies. Ever since the … Continue reading What is cryptojacking?
