The most comprehensive crypto glossary for Intermediate level
The most comprehensive crypto glossary out there.
Virtual Machine
A computer resource that uses software instead of a physical computer to run programs and deploy applications.
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Level: Intermediate
Vladimir Club
Someone who has acquired 1% of 1% (0.01%) of the maximum supply of a cryptocurrency. It was first mentioned on the BitcoinTalk forum when user Vladimir suggested that owning 1% of 1% of the maximum bitcoin supply was a good idea.
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Level: Intermediate
Vulnerability rewards program (VRP)
An initiative offered by many websites that rewards individuals for discovering and reporting software bugs. Important for crypto industry where security needs to be on the highest level possible.
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Level: Intermediate
Layer 0
A layer that runs beneath the main blockchain network. Layer 0 is the first layer in a blockchain, thus constituting the backbone of the entire ecosystem.
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Level: Intermediate
WAGMI
Stands for we are going to make it. The acronym is widely used by the crypto community to build confidence, and encourage the community to not lose hope.
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Level: Intermediate
Latency
The time elapsed between submitting a transaction to a network and the execution of that transaction. In trading, it refers to the time elapsed between the placement of an order and the execution of that order.
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Level: Intermediate
Large cap
Class of cryptocurrencies that have a market capitalization value of over $10 billion.
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Level: Intermediate
Weak hands
Traders or investors who lack the confidence to hold their assets or to follow their trading plans. A slang that describes people that panic and sell crypto instead of continuing to hodl as the value of the asset goes down.
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Level: Intermediate
Wealth management
An investment advisory service that combines other financial services to meet the needs of high net worth clients. The consultant gathers information about the client's desires and develops an individual strategy using appropriate financial products and services.
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Level: Intermediate
KYC (know your customer)
A compliance process mandated by regulators, for which businesses must verify the identity and risk level of their customers. The process requires all types of customers to provide official identity verification using a state-issued ID.
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Level: Intermediate
Kimchi premium
The price difference of Bitcoin between South Korean cryptocurrency exchanges and global exchanges.
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Level: Intermediate
Keylogger
A malicious software program that records the keystrokes of a user as they input something through their keyboard on a computer or a mobile device. The purpose of keyloggers is to steal sensitive user information such as passwords, pin numbers, and other confidential data in order to hack into a bank account, a crypto wallet, or a computer network.
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Level: Intermediate
Key
A string of bits used in an encryption algorithm in order to convert an encrypted text into its original form. Keys are most usually a long and random sequence of numbers and letters.
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Level: Intermediate
John Bollinger
Creator of the Bollinger Bands indicator in technical analysis. Bollinger bands have a high and a low price point on a price chart with a middle price line between the two. Bollinger bands are used to measure an asset’s volatility at a given time and can indicate whether the asset is overbought or oversold.
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Level: Intermediate
Java virtual machine (JVM)
A type of virtual machine that translates Java programming language into machine code so that codes can be processed by the operating system.
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Level: Intermediate