The most comprehensive crypto glossary for Intermediate level
The most comprehensive crypto glossary out there.
Neo (NEO)
An open-source Layer-1 blockchain platform established in 2014, which is widely considered to be China’s answer to Ethereum. NEO is the native currency for the Neo blockchain. The currency acts as a medium of exchange for transactions on the network and gives holders the right to vote on network proposals.
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Level: Intermediate
Moving average (MA)
A technical indicator that reacts to price movements of an asset, which calculates the average price of an asset over a specified period of time. Moving averages are used by traders to determine the trend of an asset and predict the future direction for its price.
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Level: Intermediate
Moving average convergence divergence (MACD)
A momentum indicator used in technical analysis to find confluences or divergences between moving averages and price action of a financial asset.
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Level: Intermediate
Mining reward
Rewards distributed to miners in a Proof-of-Work consensus blockchain as a return for their mining blocks of transactions. New coins are created and added into circulation as a result of mining blocks, which are then distributed to miners as a reward.
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Level: Intermediate
Mining pool
Digital cryptographic pools that cryptocurrency miners join and combine their hash rates in order to mine a larger number of blocks together and distribute more rewards as a return. The goal is to allow smaller mining farms to compete with larger farms.
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Level: Intermediate
Mining farm
A physical farm that stores a large number of high-capacity computers and processors, which are designed to mine cryptocurrencies. Bitcoin is the most commonly mined cryptocurrency in mining farms.
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Level: Intermediate
Mining as a Service (MaaS)
A cloud service that allows people to lease mining power from a cloud provider for a certain period of time and a certain processing capacity (megahashes per second).
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Level: Intermediate
Mining Algorithm
A cryptographic algorithm that runs on a PoW blockchain, which collectively requires a very large amount of computational power. Mining algorithm secures a blockchain’s network and rewards miners for running the algorithm with their own computational resources.
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Level: Intermediate
Mineable
A type of cryptocurrency that is created by a mining consensus, like proof of work. The most common mineable cryptocurrency is Bitcoin.
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Level: Intermediate
Metaverse
A virtual universe in the digital environment that contains all aspects of the real, physical world. Users in the metaverse interact with each other to work, play, do business, and socialize with other users just like in the physical world.
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Level: Intermediate
Mempool
A pool of unconfirmed transactions on a blockchain. Transactions on a blockchain with higher paid fees supersede transactions with lower fees. A mempool acts as a waiting room for those lower fee transactions until they are confirmed on the network.
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Level: Intermediate
MATIC
The native cryptocurrency of the Polygon network (previously Matic Network), which is a Layer-2 side-chain protocol that runs on the Ethereum network. Matic is used for staking and paying for transaction fees in the Polygon network.
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Level: Intermediate
Masternode
A type of server, which functions as a component of a blockchain network and is responsible for processing transactions on the blockchain. As a return, a masternode receives a reward. Masternodes on a blockchain usually require staking a minimum amount of the blockchain’s native coins in order to benefit from rewards.
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Level: Intermediate
Market depth
The density of large market orders for a financial asset, which corresponds to the total number and size of open orders. If an asset has a high market depth, then it requires very large buy or sell orders in order to have its price substantially impacted to the upside or downside.
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Level: Intermediate
Mana (Decentraland)
The native currency of the Decentraland metaverse platform. MANA can be used to buy virtual plots of land in the Decentraland universe, as well as in-game goods and services.
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Level: Intermediate