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.
Invisible Internet Project. A network layer that facilitates anonymous, censorship-resistant communication between users.
Initial Coin Offering. An event in which a cryptocurrency project “goes public,” selling early coins in exchange for funds.
When an asset (i.e. coin) cannot be easily bought or sold due to a lack of buyers or sellers in a market. If there are only a handful of buyers or sellers the price may be substantially higher (due to few sellers charging a premium) or substantially lower (due to a few buyers demanding discounts).
Internet of Things. The system that will digitally connect physical objects, making them identifiable and traceable online.
The process of increasing a cryptocurrency's supply, which usually drives its price down.
Created each time coins are sent to an address.