The most comprehensive crypto glossary for Advanced level

The most comprehensive crypto glossary out there.

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K

Kusama

A testnet blockchain for Polkadot, which allows developers to experiment new applications or blockchains before launching them on the Polkadot blockchain. Kusama acts as a testbed for developers looking to test pre-launch versions of Polkadot projects, albeit with real cryptocurrency transactions.

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Level: Advanced

Kava

A cross-chain decentralized finance (DeFi) lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to earn a yield. Kava is built on the Cosmos blockchain.

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Level: Advanced

J

Java

A general purpose programming language used to develop client-server web applications.

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Level: Advanced

I

Internet of things (IoT)

Physical devices that are connected to each other via the internet. IoT-compatible devices include home appliances, media systems, and security systems, which communicate with each other to execute collective functionalities.

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Level: Advanced

Intercontinental exchange (ICE)

The exchange that connects global exchanges, which facilitate their operations by providing them financial data, technological data, and listings services. The ICE operates and owns a large number of exchanges for financial, derivatives, and commodity markets around the world.

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Level: Advanced

D

DMM (dynamic market maker)

It is the primary market maker selected by the exchange for a particular security. DMMs maintain quotes and process purchase and sale transactions. Some market makers deal with several hundred listed stocks at once.

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Level: Advanced

Divergence

Indicator that shows the market price of an asset moving in the opposite direction of another piece of data. Investors and traders use divergence to determine if a market trend is weakening, which might lead to a consolidation period or a trend reversal.

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Level: Advanced

Derivatives

Security whose value is based on or derived from an underlying asset or group of assets, or a benchmark. Derivatives are contracts between two or more parties, and their prices are derived from changes in the underlying asset.

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Level: Advanced

Decryption

Reversing an encryption process to make previously encrypted information visible or accessible. The process involves converting unreadable (ciphertext) data into readable (plaintext).

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Level: Advanced

DAG (directed acyclic graph)

The signatures of earlier transactions are included in every new transaction. The inclusion of its parents results in the indirect confirmation of the parents of its parents, the parents of its parents, etc.

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Level: Advanced

C

Cloud mining

Using computing hardware to secure the operations of a blockchain in return for rewards paid out in newly created coins by the network.

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Level: Advanced

Cipher

The process of encrypting or decrypting a text message by following a series of defined instructions. Encryption is the process of converting clear information into an unreadable form.

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Level: Advanced

Closed Source

Also known as proprietary software or code. Closed source is not available to the general public and is distributed with private modifications, copying, and republishing restrictions to authorized users under a licensing agreement.

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Level: Advanced

W

WebSocket

An advanced technology that allows you to open a two-way interactive communication session between the user's browser and the server. With this API, you can send messages to the server and receive event-driven responses without having to poll the server for a response.

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Level: Advanced

Wedge (technical formation)

A pattern in technical analysis (TA) that is forming at the top or bottom of the trend. It often signifies a reversal in the price.

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Level: Advanced

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