The most comprehensive crypto glossary for Beginner level

The most comprehensive crypto glossary out there.

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S

Seems rare (NFT)

A common response to a newbie's question when asked for opinion and/or comment on their non-fungible token. Mostly used sarcastically.

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Level: Beginner

Seeding

An act of uploading previously downloaded content for others to download. A computer connected to a P2P network generally becomes a seed after it has the desired file. Multiple seeds with the same file allow a user to download the file much faster than they would be able to form a single party.

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Level: Beginner

Seed phrase

A seed phrase is a series of words generated by your cryptocurrency wallet that give you access to the crypto associated with that wallet. Also known as backup code, recovery phrase, and mnemonic seed.

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Level: Beginner

Seed funding

A form of financing in which an investor invests in a startup in exchange for a share in capital, convertible bonds, or tokenized company assets. Initial funding is generally considered a very early investment to support a startup until it is operational and starts generating cash flow.

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Level: Beginner

Security token

Tokenized ownership of any asset whose value is recorded in the blockchain ledger. In the context of corporate ownership, security tokens are analogous to corporate shares or shares/multiples of the value of shares.

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Level: Beginner

Securities and Exchange Commission (SEC)

An independent U.S. government agency that is responsible for regulating and monitoring securities markets (such as stocks and bonds). One of the main goals of the SEC is to prevent and supervise market manipulation and fraud.

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Level: Beginner

Scammer

A person who commits or participates in a fraudulent scheme or financial and/or any other type of scam.

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Level: Beginner

Scamcoin

A fake cryptocurrency that was created to make money by stealing funds from the people who backed the coin and invested in it.

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Level: Beginner

Scam

An illegal trick, usually with the purpose of getting money from people or avoiding paying tax.

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Level: Beginner

Scalp trader (Scalper)

A type of investor who's strategy is profiting off of small price changes and making a fast profit off reselling. In day trading, scalping is a term for a strategy to prioritize making high volumes of small profits. Scalpers typically enter and exit positions very quickly — usually within the span of minutes or seconds.

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Level: Beginner

Satoshi Nakamoto

The pseudonym of the creator or creators of the bitcoin protocol and whitepaper. This name was used by the creator of Bitcoin in emails, forum posts, and publications. The name is clearly of Japanese origin, but since the person wrote in perfect English, many believe that Satoshi comes from an English-speaking country.

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Level: Beginner

Satoshi

The smallest unit of Bitcoin, as defined by the Bitcoin protocol. This equates to one hundred millionth bitcoin or 0.00000001 BTC. It was named after the creator of Bitcoin, Satoshi Nakamoto.

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Level: Beginner

R

Rug pull

A malicious maneuver in the crypto industry where cryptocurrency developers abandon a project and run away with investor funds. Rug pull thrives on DEX because these types of exchanges allow users to place tokens for free and without auditing.

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Level: Beginner

H

Hot wallet

A cryptocurrency wallet that is connected to the internet. In a hot wallet, assets are stored and signed online, in contrast to a cold wallet.

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Level: Beginner

Holochain (HOT)

A peer-to-peer distributed platform to build decentralized applications. In contrast to similar cryptocurrency projects, Holochain does not use blockchain technology. Instead, each Holochain application creates its own peer-to-peer network between users.

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Level: Beginner

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