Glossary

Reading Time: < 1 minute Short for Liquidity Providers, LPs provide their tokens as liquidity on DeFi exchanges apps in exchange for receiving a percentage of the fees generated by the system In

Reading Time: < 1 minute A fork of Bitcoin that often serves as a testing ground for innovations before they are implemented in Bitcoin. Known by some as the ‘digital silver’ to

Reading Time: < 1 minute A second layer solution on the Bitcoin network that allows you to make instant micropayments, the Lightning Network drastically reduces the cost and latency of

Reading Time: < 1 minute Crypto investors reference the luxury car as a reflection of their current or hoped-for wealth.

Reading Time: < 1 minute An ICO or Initial Coin Offering is a cross between an IPO (Initial Public Offering) and a crowdfunding campaign for a blockchain-based project, offering the

Reading Time: < 1 minute An acronym for inter-blockchain communication, IBC is the set of technologies that allow blockchains to communicate with one another. IBC allows blockchains to transmit and receive messages

Reading Time: < 1 minute An online wallet. Hot wallets are considered less secure than cold wallets since the user’s private keys are exposed on the internet.

Reading Time: < 1 minute In 2013, someone misspelled the word ‘hold’  on Bitcointalk, and a legend was born. HODL (or Hold on for Dear Life) has become a rallying

Reading Time: < 1 minute Hashing is a process of encrypting data by running it through a special mathematical function. The hash function takes as an input any type of

Reading Time: < 1 minute A hard fork in blockchain technology refers to a radical change to a blockchain network’s protocols. Hard forks divide a single network into two and