The most comprehensive crypto glossary for Beginner level
The most comprehensive crypto glossary out there.
CeFi (centralized finance)
CeFi is short for centralized finance, and was coined during the development of DeFi. It is mainly used to explain blockchain or crypto projects that are not truly or completely decentralized. It is the opposite of DeFi.
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Level: Beginner
Wen
Wen is the term used by NFT enthusiasts to signal their curiosity about the next steps of a project or roadmap.
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Level: Beginner
CeDeFi
A combination of CeFi and DeFi. Combines traditional centralized finance with decentralized applications, blending traditional regulations with modern finance.
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Level: Beginner
When Lambo
A slang referring to the moment when cryptocurrency holders become rich enough to buy a Lamborghini. Often asked by the community after some good news in expectations of coin price increase.
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Level: Beginner
Central bank
Controls and manages the monetary policy of a nation. By issuing fiat currency, it manages a country's money supply (and sets interest rates). Central banks provide monetary policy to maintain price stability.
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Level: Beginner
Cardano (ADA)
A blockchain with a proof of stake consensus mechanism and smart contract functionality. Cardano is known for its high transactions per second throughput and an energy-efficient “Ouroboros” consensus. The native token of the Cardano network is ADA, which is used to pay for transactions and for the execution of smart contracts on the platform.
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Level: Beginner
Whitelist
A list of trusted people, organizations, computer systems, or even cryptocurrency addresses. Whitelists are typically associated with a certain program, incident, or piece of material.
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Level: Beginner
Cash
Money in the form of physical coins and banknotes. These may include bank accounts and government securities.
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Level: Beginner
Whitepaper
An introductory document for a brief explanation of a problem and possible solution. Each cryptocurrency has this technical document that contains all the information about it. The whitepaper sheds light on two main aspects of the crypto project - its purpose and the technology behind it.
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Level: Beginner
Candlesticks
A graph showing changes in price over time. There are four points of information available on each candle: the opening price, the closing price, the high, and the low.
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Level: Beginner
Capital
Capital refers to a type of asset that can be quickly invested or utilized to improve future value. This can be cash, near-cash investments, equipment, property, and/or skills being used to make money.
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Level: Beginner
Year to date (YTD)
A term that covers the period between the beginning of the year and the current date. YTD covers the first day of the year in question up to the day of calculation. Used on charts setting for different assets.
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Level: Beginner
YODO
Abbreviation of You Only Die Once. The opposite of YOLO. As in “Hey let’s buy that coin, YOLO!” a possible reply “No, YODO dude.”
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Level: Beginner
YOLO
Is short for You Only Live Once. In the crypto world, YOLO means you are going all in on trading a coin that you hope will be a huge success.
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Level: Beginner
Burn mechanisms
A built-in mechanism where the team behind a particular cryptocurrency asset removes tokens from the available supply, decreasing the number of tokens in circulation. This is typically done to stabilize token price.
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Level: Beginner