The most comprehensive crypto glossary for Intermediate level
The most comprehensive crypto glossary out there.
Traditional finance (TradFi)
Standard retail, commercial and investment banks, as well as FinTechs (technology companies operating in the field of finance).
Category:
Level: Intermediate
Transaction ID (TXID)
A unique character string that marks each transaction in the blockchain. Also called a transaction hash. Users can search for any past transactions using the appropriate transaction ID, usually using the Blockchain Explorer.
Category:
Level: Intermediate
Transactions per second (TPS)
A number of transactions a blockchain can process per second. This indicator shows the network speed and scalability. For example, there are 10 transactions of Bitcoin per minute. The TPS is 10 transactions/60 seconds = ~0.17 TPS.
Category:
Level: Intermediate
Treasury bill (T-Bill)
A short-term debt secured by the U.S. Treasury with a maturity of up to one year. Treasury bills are considered a safe and conservative investment because they are backed by the government.
Category:
Level: Intermediate
Trustless
Something that doesn’t require trust. No actor has power over the system, and a consensus is reached between the participants who do not need to trust each other. Members of trustless systems don’t know each other. A system uses verifiable information or actions to operate and verify the quality of other participants.
Category:
Level: Intermediate
Typosquatting
A form of cybersquatting targeting people that accidentally mistype a website address directly into their web browser URL field.
Category:
Level: Intermediate
Unbanked
The term defines adults who do not use or do not have access to any traditional financial services, including savings accounts, credit cards, or personal checks.
Category:
Level: Intermediate
Underbanked
Individuals who manage their finances through cash transactions instead of established financial services such as checking accounts, savings accounts, credit cards, and loans.
Category:
Level: Intermediate
Unit bias
The concept that buyers are more interested in buying a whole unit of a given currency rather than a fractional amount. The term is used to explain why some people buy cheap tokens, although fundamental valuation can show that tokens are not reliable.
Category:
Level: Intermediate
Unpermissioned ledger
A ledger that anyone can access and download. Users can send messages to processes and even participate in authentication, verification, and consensus protocol processes.
Category:
Level: Intermediate
Unrealized profit & loss
A metric that is used to keep track of the profit or loss of open trading positions on a platform. Generally, unrealized P&L is calculated from when a position is opened until it is closed.
Category:
Level: Intermediate
Unstoppable domains
A service that allows users to send and receive tokens using a specific and easy-to-use self-selected domain name instead of an alpha-numeric wallet address. Unstoppable Domains is powered by the Ethereum and Zilliqa blockchains.
Category:
Level: Intermediate
Validator
A blockchain validator is someone who is responsible for validating transactions on the blockchain. After the transaction is confirmed, they are added to the distributed ledger. The term mostly identifies the participant of a proof of stake network, in the proof of work concept validators are called miners.
Category:
Level: Intermediate
Vanity address
A personalized address created based on a number of parameters set by the owner. They are easily identifiable, but without giving up the blockchain security.
Category:
Level: Intermediate
Value investing
An investment strategy that involves selecting assets that appear to be trading at a price below their intrinsic or book value. Value investors actively seek out assets that they believe are undervalued by the market.
Category:
Level: Intermediate