The most comprehensive crypto glossary for Intermediate level
The most comprehensive crypto glossary out there.
Impermanent Loss
Temporary loss of funds in a liquidity pool due to price volatility. Impermanent loss equals how much more money an investor would have made if they just held on to their tokens and did not deposit the tokens into a liquidity pool.
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Level: Intermediate
Immutability
The core feature of any blockchain network. It describes the condition that data cannot be modified, reversed, or censored in the distributed ledger of a blockchain upon the execution of transactions in its network.
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Level: Intermediate
Iceberg order
An automated buying or selling strategy carried out by institutional investment companies. The algorithm of an iceberg order divides a very order into smaller orders and executes them individually, so that the market price is not affected due to the size of the original order.
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Level: Intermediate
Double spending
When a given amount of coins are spent more than once. Usually as a result of a race attack or a 51% attack.
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Level: Intermediate
Deep web
Parts of the world wide web that are hidden from search engines. Unlike Google, Bing, and DuckDuckGo, it does not index pages. Also known as the "hidden web" or the "invisible web," the deep web is the opposite of the "surface web."
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Level: Intermediate
DEX (decentralized exchange)
An exchange that does not require users to deposit funds before they can trade, and doesn’t hold the user's funds. Trades are made directly from the user's wallet.
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Level: Intermediate
Degen
A pejorative term used to describe degenerate gamblers. Frequently used to describe yield chasers in DeFi who buy unaudited projects.
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Level: Intermediate
DeFi (Decentralized Finance)
A collection of financial applications that are being developed on top of blockchain technology. As a movement, DeFi aims to create multiple types of financial products and services using decentralized networks and open source software.
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Level: Intermediate
Dead-Man’s switch
When an operator becomes incapacitated, this event triggers. The term originally referred to a physical switch that, when released, ceased a machine's operation.
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Level: Intermediate
Darknet market
Dark web platform that operates via private channels like Tor and I2P.
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Level: Intermediate
DAC (decentralized autonomous cooperative)
Shareholder-controlled organization rather than one controlled by a central authority.
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Level: Intermediate
Cryptojacking
Mining cryptocurrency on someone's computer without their permission.
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Level: Intermediate
Consensus (Avalanche)
In a blockchain, consensus occurs when all the participants agree on the order and content of the blocks. An organization with centralized authority makes all decisions. To record all economic transactions that a company engages in, all companies use a centralized accounting ledger.
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Level: Intermediate
Chain split
A breach of the digital recordings, called blockchain, created by computers using cryptocurrencies.
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Level: Intermediate
Consortium
A network in which members who can participate in the consensus mechanism have been pre-selected. As a type of blockchain, this type is considered partially decentralized to the extent that the identities of the miners are known, and have the option of whether to publicly disclose transactions.
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Level: Intermediate