Cryptocurrency Terms to Know Before You Invest
Here is a quick guide to cryptocurrency terms. We define technical terms, slang, acronyms, and other jargon related to cryptocurrency.
The maximum amount of money a cryptocurrency’s founders will accept while raising money in exchange for early coins on their platform.
A physical device that stores private keys.
Hashgraph is a consensus alternative to block chain. It uses a gossip protocol to spread transactions across the network by sending data to randomly chosen neighbors.
The power of a mining rig. Similar in concept to the Horse Power of a vehicle.
The number of hashes a miner performs over a given period of time.
First made popular in a post by a drunken Bitcoiner who advocated buying but not selling Bitcoin, it is now a meme to intentionally misspell “hold.” Hodlers see huge potential in the future of a cryptocurrency and don’t plan on selling anytime soon.
An online wallet for storying cryptocurrencies. Considered less secure than cold wallets.