Financial Glossary

A pre-programmed event that cuts Bitcoin mining rewards in half every four years, reducing new supply and historically driving price rallies.

A distributed digital ledger that records transactions across multiple computers in a way that makes them nearly impossible to alter.

A cryptocurrency storage device kept offline and disconnected from the internet to protect digital assets from hacking and theft.

Decentralized Finance (DeFi) uses blockchain technology to recreate traditional financial services without banks or intermediaries.

Gas fees are transaction costs paid to miners or validators for processing operations on blockchain networks like Ethereum.

A cryptocurrency wallet connected to the internet, offering convenient access to digital assets but with higher security risks than cold storage.

Blockchain scaling solutions built on top of main networks that process transactions faster and cheaper while maintaining security.

A collection of tokens locked in smart contracts that enable decentralized trading by providing liquidity for automated market makers.

A firm that provides liquidity by continuously buying and selling securities at quoted bid and ask prices, profiting from the spread.

A non-fungible token is a unique digital certificate of ownership stored on a blockchain that proves authenticity of a specific digital asset.

Self-executing digital contracts with terms written in code that automatically enforce agreements when conditions are met.

A cryptocurrency designed to maintain a stable value by pegging it to a reserve asset like the US dollar or gold.

Locking up cryptocurrency tokens to support blockchain operations and earn rewards, similar to earning interest on a bank deposit.

The economic model and design principles governing a cryptocurrency's supply, distribution, and incentive mechanisms.

Yield farming involves lending crypto assets to DeFi protocols to earn rewards, often paid in governance tokens with high APYs.