Glossary

Accelerator

An accelerator is a time-limited program aimed at supporting startup companies with their business operations.

read more ...

Accidental fork

An Accidental fork is a fork and is derived as a result of certain circumstances, such as an error in the code during the platform or program update, when blocks within the block chain are not consistent with the previous ones.

read more ...

Airdrop

An airdrop is the distribution of new coins. An airdrop can occur during the course of a new project. It is a form of advertisement to bootstrap a new cryptocurrency network.

read more ...

Algorithmic Trading

Algorithmic trading uses automated trading methods which can be carried out via trading-bots, which are programmed to execute commads through the use of algorithms.

read more ...

All Time High (ATH)

When a coin reaches it’s highest price point, the coin is said to be at an “All Time High” (ATH)

read more ...

Altcoin

The term Altcoin is used to describe alternative digital assets besides Bitcoin.

read more ...

Altfi

Altfi is a term used to discern forms of finance that have originated outside the traditional financial instruments offered by banks, financial institutions and capital markets. Crypto’s are a form of Altfi.

read more ...

AML (anti-money laundering)

AML is a set of laws which are subject to regulations, measurements and procedures designed to prevent individuals from hidding funds that have been obtained without legal transparency.

read more ...

Angel Investor (business angel)

An angel investor is an individual or group of inviduals who provide funds in the early stages of a business.

read more ...

Anonymization

Anonymization is the act of altering data in a manner in which the identifiers or identity of the owner of the data is anonymized so that the owners privacy is upheld.

read more ...

Antminer

Antminer is a popular ASIC, which was developed by Bitmain.

read more ...

API (Application Programming Interface)

An API (Application Programming Interface) is a set of functions and protocols that are used in the building of an application software.

read more ...

Arbitrage

Because cryptocurrencies trade all around the globe, they are listed on different exchanges, which means they can have different prices on different exchagnes at the same time.

read more ...

ASIC

ASIC stands for Application Specific Integrated Circuit. ASICs are devices that have been developed specifically for mining crypto currencies.

read more ...

Ask

If market participants are willing to sell their coins at a certain price, this price is called the “Ask” price (=offered price). In the German-speaking world, the term “Briefkurs” is used.

read more ...

ATOM

ATOM (Cosmos) is an interoperable block chain protocol that facilitates the transfer of data between existing block chains.

read more ...

Atomic Swap

An atomic swap is when a token is exchanged between two coins on different blockchains.

read more ...

B2B

B2b stands for “Business to Business”, referring to corporate relations between companies

read more ...

Backwardation

When a market is in backwardation, the forward price of a future is below the spot price.

read more ...

BaFin

The Federal Financial Supervisory Authority (BaFin) is a German public-law institution of the Federal Government with legal capacity and registered offices in Frankfurt am Main and Bonn.

read more ...

Bagholder

Bagholder is a term for owners of coins who hold on to them even though the value has declined since acquisition.

read more ...

Bear(ish)

The bear symbolizes declining prices. A bear market describes a marekt where prices are on the down.

read more ...

Bid

Bid is the price at which market participants are willing to buy a coin. The bidder’s price is called the “Geldkurs” in German speaking countries.

read more ...

Binance

Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies.

read more ...

Bitcoin

Bitcoin is a decentralized network for direct value transfer (peer-to-peer). The concept was designed in 2008 by an unkown group or individual under the pseudonym of Satoshi Nakamoto.

read more ...

Bitcoin (Maximalist)

Bitcoin Maximalists are people, who see Bitcoin as the ultimate cryptocurrency and give other currencies little or no permission to exist.

read more ...

Bitcoin Cash

Bitcoin Cash (BCH) is a hard fork from Bitcoin that came into existence on August 1, 2017 and has increased the block size to 8 MB.

read more ...

Bitcointalk

Bitcointalk is the largest discussion forum for cryptocurrencies.

read more ...

Bitfinex

On this cryptocurrency exchange fiat money can be exchanged for crypto coins and tokens.

read more ...

Bitmain

Bitmain sells hardware that can be used for mining.

read more ...

Bitstamp

Bitstamp is a crypto currency exchange where Fiat can be exchanged for Crypto.

read more ...

Block

A block is a collection of transactions published by a so-called miner, i.e. attached to the blockchain. The goal of each miner is to publish a valid block to receive block rewards or fees.

read more ...

Block Height

A block height or the height of a block is a metric used to detail the sequentially added blocks in a given blockchain between any random block and the gensis block.

read more ...

Block Producer

With some blockchains, only a few nodes can publish a block. These nodes are then called block producers.

read more ...

Block Reward

The block reward is the reward/compensation a miner can receive for undertaking the computaional work required for creating and adding blocks to the blockchain.

read more ...

Block Size

A block is always a collection of transactions. These are published by miners.

read more ...

Blockchain

A blockchain is a tamper-proof “cash book” organized in a series of linked “blocks” of data. These blocks are added according to a set of special rules (known as Consensus Algorithm). This allows networks of remote physical computers working together to form a single virtual computer.

read more ...

Blockchain forensics (Analyse)

Blockchain analysis is a process of checking, identifying, modeling, and visually representing data in a cryptographically distributed ledger, also known as a blockchain.

read more ...

Blockexplorer

A block explorer is an online blockchain browser that displays the data of individual blocks and transactions in a specific blockchain.

read more ...

Blockfolio

Blockfolio is an app that allows you to track and compare the exchange rates of different cryptocurrencies.

read more ...

Blocklattice

Blocklattice is a data structure that promises some advantages over the blockchain. One of these advantages is, for example, the faster transaction processing for a lower fee.

read more ...

Blocktime

Block time defines the time it takes to mine a block. Both in bitcoin blockchain and ethereum blockchain, there is an expected block time, and an average block time.

read more ...

Blox

Blox is an app to track and compare the current exchange rate of different cryptocurrencies.

read more ...

Bonus

A bonus is the reward received by an investor e.g. in crypto that is usually granted via an early sale/pre-sale, during the initial stages of an ICO for a crypto project. A bonus in this case is effectively a reward for early investment participation.

read more ...

Bounty

Some ICOs used to pay users for their support (translations, promoting ICO, finding bugs). This payment is often called a bounty.

read more ...

Breakout

A breakout is a sharp and sudden price increase. In rare cases, a breakout can also mean a sharp and sudden drop in prices.

read more ...

BT

DCR (Decred) is a hybrid proof-of-work and proof-of-stake crypto currency. The project finances its own developments from a decentralised fund. The Genesis block started in February 2016 with a maximum offer of 21 million tokens.

read more ...

BTC

BTC is the ticker symbol for the Bitcoin.

read more ...

Bubble

A bubble occurs when the price of a commodity significantly exceeds the value of the product.

read more ...

Bull(ish)

The bull symbolizes growing prices. A bull market describes a market where prices are on the up. Someone who is bullish is a person who expects prices to rise. In a bullish market, prices increase.

read more ...

Burn Reserve

A burn reserve details the tokens which have not been distributed during an ICO and as a result, will be “burned” in order to prevent a dilution of the tokens offered on the ICO.

read more ...

Buy/Sell Walls

Buy und Sell Walls spielen beim Börsenhandel eine Rolle. Sie geben Auskunft über den Zustand eines Orderbuchs.

read more ...

Buywall

The buywall can be displayed graphically as a high vertical wall on the bid side in a depth chart. It also indicates a high demand for cryptocurrencies at a certain price.

read more ...

Casper

Casper is an update to extend the Ethereum Blockchain. The update is intended to change the consensus mechanism of the Ethereum Blockchain from POW to POS.

read more ...

CBDC

CBDC (Central Bank Digital Currency) is the generic term for digital currencies issued by central banks

read more ...

CC130 Crypto Currencies Index

The CCI30 Crypto Currencies Index is an index dedicated to tracking the 30 largest cryptocurrencies. The 30 largest cryptocurrencies on the CC130 are based on market capitalization.

read more ...

Centralized Exchange (CEX)

A centralized exchange is a trading platform for digital assets that is operated by a centrally managed company.

read more ...

Centralized Ledger (Centralized Ledger, General Ledger)

A central ledger is a single archive dedicated to keeping the records of transactions made by a(n) entity(ies). A central ledger is usually controlled by an individual or by a clearly defined group of individuals.

read more ...

CFD – Contract for Difference

A contract for difference (CFD) is a contract between two parties, typically the “buyer” and “seller”.

read more ...

Charlie Lee

Charlie Lee is the founder of the crypto currency Litecoin.

read more ...

Circulating Supply

Circulating supply refers to the quantitiy of coins that are, at present, in cirulation within the market e.g. held in the hands of the public

read more ...

Coin Burn

Coin burning is the process of permanently removing coins (tokens) from the circulating supply, thereby reducing the overall supply.

read more ...

Coinbase

Coinbase is a large cryptoexchange and accepts fiat money. Coinbase is regarded as beginner-friendly.

read more ...

Coinmarketcap

Coinmarketcap (coin market capitalisation) is the current price multiplied by the number of tokens. There is also a cryptocurrency website coinmarketcap.com.

read more ...

Coins

A general term for cryptocurrencies

read more ...

Cold Storage

Cold storage can be a paper wallet or a hardware wallet. Cold Wallet stands for the fact that the private key never comes into contact with the Internet

read more ...

Coldwallet

A Coldwallet is in contrast to the Hotwallet a Wallet which can not be used for everyday use. The private keys are permanently separated from the Internet.

read more ...

Collateral

A collateral is an asset that a lender accepts as security for the granting of a loan.

read more ...

Colored Coin

A Colored Coin is a metaphor that aims to describe a set of procedures used to represent and manage real world assets/traditional assets via the use of bitcoina nd blockchain technology.

read more ...

Complementary Currency

A complementary currency does not have the status of fiat-insured legal tender, but it can complement fiat currencies.

read more ...

Confirmation(s)

Confirmation describes a function in the blockchain protocol that prevents double spending. If a transaction is sent to a network in a valid block, the transaction receives a confirmation.

read more ...

Consensus

Konsens is the German word for consensus. If different parties agree on the current status of the transaction sequence, this is referred to as having a consensus/Konsens.

read more ...

Consensus algorithm

Consensus procedures are a critical element of any blockchain network as they ensure that the integrity and security of these distributed systems is maintained.

read more ...

Contango

When a market is in contango, the forward price of a future is above the spot price.

read more ...

CPU

CPU stands for Central Processing Unit and describes the processor, i.e. the hardware component of a normal computer.

read more ...

Craig Wright

Craig Wright used to be a well-known Bitcoin Cash proponent. He also says about himself that he is Satoshi Nakamoto (the founder of Bitcoin).

read more ...

Crash

A very sharp drop in prices is called a crash.

read more ...

Crowdfunding

Crowdfunding is a specific form of crowdsourcing, where the funds for an enterprise are, oftentimes raised, via internet campaigns. Examples of a crowdfunding wesbite include Gofundme or Patreon.

read more ...

Crypto Currencies

Crypto currency is a collective term for any project that uses coins or tokens and uses cryptography for security reasons.

read more ...

Crypto Index (CRIX)

Cryptocurrency Index (CRIX) is an index that is subject to 20 components from crypto markets.

read more ...

Crypto Protocol

A crypto protocol describes the underlying set of rules upon which technologies such as Dapps are housed.

read more ...

Crypto Valley

With the foundation of the first crypto company in Zug in 2013, the foundation stone was laid for a development that probably nobody would have expected. Only five years later, Switzerland is celebrated worldwide as a crypto nation.

read more ...

Crypto(currency)

A crypto is the short form for a cryptocurrency

read more ...

Cryptokitties

CryptoKitties is an online game and DApp that allows players to buy and sell, collect and breed different types of virtual cats.

read more ...

Currency pair

In the traditional currency market, two currencies are compared with the corresponding price. For example, the US dollar against the euro.

read more ...

Custody-Solution

By definition, a digital value can be stored without the help of an intermediary. However, the custody of crypto currencies for institutional investors is difficult to implement. Due to the regulatory nature of their business, the regulations require strict custody methods.

read more ...

Cypherpunk

A cypherpunk is an individual who actively calls for the widespread use of cryptography and technologies that facilitate increased privacy, for. socio-political change. Much of the blockchain and bitcoin movements were subject to such Cypherpunks.

read more ...

DAG – Directed acylic graph

This is a supposed scaling method for blockchain, however, a DAG is not even an actual blockchain. Rather, a DAG consists of a so-called “tangle”.

read more ...

DAML

DAML stands for “Digital Asset Modeling Language” and is a new programming language that was first released in April 2016.

read more ...

Dan Larimer

Dan Larimer is a programmer who founded Bitshares, Steemit and EOS.

read more ...

DAO

DAOs are examples of what is known as “on-chain governance”.

read more ...

DApp

dApp stands for Decentralized Application. It describes an app that can be controlled via Smart Contracts and is hosted on a public blockchain.

read more ...

Darknet

The Darknet is a component of the Internet, but can only be searched by special software. It provides more anonymity, which makes control and oversight more difficult for legislators.

read more ...

Daytrader

If one tries to make a profit by actively trading cryptocurrencies, one speaks of a day trader.

read more ...

DCR

DCR (Decred) is a hybrid proof-of-work and proof-of-stake crypto currency. The project finances its own developments from a decentralised fund. The Genesis block started in February 2016 with a maximum offer of 21 million tokens.

read more ...

Decentralied autonomous organization

Organizations with no strict hierarchicial leadership. Ideally these sort of ogranizations are based on a public blockchain in some way or another.

read more ...

Decentralized

In decentralized systems, users are connected via P2P. A central authority with privileges does not exist.

read more ...

Decentralized Autonomous Initial Coin Offering (DAICO)

The DAICO describes a process of decentralized capital investment. Here, investors maintain their ownership of their requested capital from a given project, by approving certain milestones e.g. TAP’s

read more ...

Decentralized Finance (DeFi)

DeFi stands for “Decentralized Finance” and refers to the ecosystem of financial applications developed on the basis of blockchain systems, a particular example is Ethereum.

read more ...

Delegated Byzantine Fault Tolerance (dBFT)

The Delegated Byzantine Fault Tolerance (dBFT) or better the “delegated Byzantine fault tolerance” is the consensus method behind NEO

read more ...

Delegated Proof of Stake

Delegated Proof of Stake was proposed by Dan Larimer as an alternative to the more elaborate Proof of Work algorithm. dPOS is a special type of Proof of Stake.

read more ...

Delta

Delta is a popular cryptocurrency price tracking app.

read more ...

Democratization of Finance

Democratization of finance is a term used to describe the process by which financial services, products and knowledge become egalitarian thus, available for public use.

read more ...

Depth Chart

A depth chart is a visualization of the bid and ask offers.

read more ...

Derivatives Options

In economics, an option refers to a right to buy or sell a specific item at a later date at an agreed price. Options are also referred to as conditional forward transactions and thus belong to the group of derivatives

read more ...

DEX – Decentralized Exchange

The vast majority of crypto exchanges are currently central exchanges. The overwhelming majority of trading volumes are currently generated on these exchanges.

read more ...

Difficulty

This term is mostly used in combination with the Hashrate. It indicates which hashrate is needed to mine a block in a certain period of time.

read more ...

Digital Asset

A digital asset is an asset that has been securitized in a digital form e.g. via a token

read more ...

Digital Asset Array (DAA)

A digital asset array is a bundle of digital assets e.g. a token basket holding an array of cryptos.

read more ...

Digital Currency

A digital currency is a form of currency that has no-phsyical form and which is only able to be trasmitted via electronic means.

read more ...

Digital Payment

A digital payment is a computer-based transaction of monies that have been authorized electronically on an electronic device e.g. via a wallet or credit cards.

read more ...

Digital Security

A digital security is a digital form of security where ownership of an asset can be verified and noted with the use of distributed ledger technology.

read more ...

Digital Security Offering (DSO)

A DSO is a security offering that has been undertaken, verified and noted using distributed ledger technology.

read more ...

Dip

A drop in the price is called a dip.

read more ...

Distributed Ledger Technology

The term distributed ledger technology describes a technique that is used to document certain transactions.

read more ...

Double-spending

Double spending is a phenomen that, until Satoshi Nakamoto solved it, allows individuals holding cryptos to spend the same coin two times

read more ...

Downtrend

A downtrend is a bearish trend. This means prices tend to become ever lower.

read more ...

Dump

A dump occurs, when an investor or a trader sells so much of a given coin that its price drops significantly.

read more ...

Early Adopter

Early adopter is the term for a person who uses new technologies early on. If someone had an early interest in ether or bitcoin, that person was an early adopter in this case.

read more ...

EIP-1559

The Ethereum Improvement Proposal 1559 is a proposal for the Ethereum Protocol, which aims to solve the high gas fees and inflation of ether.

read more ...

Encryption

Encryption is the act of encoding a piece of information e.g. a message, into an “encrypted” form, where the message cannot easily be discerned by anyone but the authoring parties of the message.

read more ...

Enterprise Ethereum Alliance (EEA)

The EEA is an alliance of organizations intent upon creating standards that would facilitate the harmonization of Ethereum applications.

read more ...

EOS

EOS is a competitor of the Ethereum network. EOS offers free and fast transactions as well as smart contract functionality.

read more ...

ERC-1400

ERC-1400 is a suggested standard for security tokens in order for issuers, investors, KYC providers, digital wallets, crypto-exchanges, regulators and software developers to work together using a shared and identical framework.

read more ...

ERC-20 Token

The ERC-20 Token is a standard program code that is often used to create tokens within the Ethereum blockchain as part of a smart contract.

read more ...

ERC-721 Token

ERC-721 is a pseudo-standard for nonfungible tokens which comprises of a set of rules for non-fungible Ethereum tokens.

read more ...

ETF

An ETF usually tracks a specific index 1:1 and therefore offers the investor the same risk/return profile as the underlying asset

read more ...

Ethereum

Ethereum is a decentralized block chain protocol designed to execute Smart Contracts and build decentralized applications (dapps) on a distributed computer platform.

read more ...

Etherscan

Etherscan is an Ethereum Blockchain Explorer, a software that allows you to search the Ethereum blockchain for transactions.

read more ...

ETP (Exchange Traded Product) Börsengehandeltes Produkt

Exchange Traded Products (ETPs) are types of securities that represent underlying assets, an index or other financial instruments.

read more ...

Exchange

The exchange is the place where you can trade coins for Fiat or for other coins. There are centralized exchanges and decentralized exchanges for this purpose.

read more ...

Exit Scam

An exit scam is a fraud that is completed when a fraudulent actor makes a subsequent “escape”.

read more ...

Fabric Private Chaincode (FPC)

A new security feature (Fabric Private Chaincode), developed by IBM and Intel, extends block chain capability and helps increase confidence in high-stakes markets such as wireless frequency auctions.

read more ...

Faucet

Coins are issued free of charge via a crypto faucet. This happens until the faucet is completely empty.

read more ...

Fee

A fee is a small number of coins that you have to pay when triggering an action on the blockchain. Miners earn the fees in addition to the block reward.

read more ...

Fiat currencies

Fiat currencies are monies issued by the state, such as the euro, dollar or yen. The FIAT currency has no intrinsic value, it is not covered by a physical commodity such as gold or silver.

read more ...

Fiat Ramp

A Fiat ramp is a gateway that allows users to make payments of fiat monies to a respective account.

read more ...

Finney

Finney is a denomination of Ether and a popular measurement unit of Gas.

read more ...

First-Mover-Advantage

A first-mover-advantage is an advantage that a business can have by becoming the first significant player to enter a new market.

read more ...

Flappening

The Flappening is a term referring to an event when Litecoin regains its leadership over Bitcoin Cash in terms of market capitalization.

read more ...

Flash Crash

A flash crash is a very sharp drop in price that only lasts for a few minutes and then returns to the previous price level.

read more ...

Flippening

If a coin overtakes another coin in its market capitalization, this is called flippening.

read more ...

FOMO (fear of missing out)

FOMO is the abbreviation for Fear of missing out, the fear of missing something, especially huge price spikes in Bitcoin or other cryptocurrencies.

read more ...

Fork

In a fork, a new version splits off from the existing blockchain in order to function as a separate network from now on.

read more ...

Forking

Forking is the process of creating two different strands of code, which lead to a fork or a forking on the original code.

read more ...

FUD

FUD consists of three building blocks: fear, uncertainty and doubt.

read more ...

Fullnode

A fullnode is a node that has downloaded and checks the whole blockchain for its integrity.

read more ...

Fungibility

Fungibility is the peculiarity that coins cannot be assigned to a previous owner and are therefore easily interchangeable; this is the case with Monero, for example.

read more ...

Futures

Futures are transactions in which a seller undertakes by contract to deliver a commodity or asset to the buyer at a pre-agreed date and price.

read more ...

Gas

The transaction fee on the Ethereum network is called “gas” and is expressed in Gwei (fraction of one ether).

read more ...

Gas Limit

A Gas limit is the maximum amount of Gas an individual user is ready to spend on the Ethereum network for a particular transaction.

read more ...

Gas Price

The Gas price is the price of a Gas unit denominated in Ether on the Ethereum network.

read more ...

Genesis Block/Account

A Genesis block is the first block of a blockchain. The accounts of the first owners of a coin are also called Genesis accounts.

read more ...

Git

Git was developed by Linus Torvalds and is an open source version control.

read more ...

Github

Github allows you to upload computer code to a website and work together on it.

read more ...

Governance Token

Governance tokens give owners the ability to influence decisions regarding the development and progress of the project.

read more ...

GPU

GPU is the abbreviation for Graphics processing unit and is a hardware part in a normal computer.

read more ...

Grandfathering

Grandfathering is a provision in which an old rule continues to apply to some existing situations while a new rule will apply to all future cases

read more ...

Greeks

Greeks measure the sensitivity of the value of a portfolio to small changes in underlying parameters. This allows the individual components to be treated in isolation and the portfolio to be rebalanced accordingly

read more ...

Gwei

1 Gwei denotes 0.000 000 001 Ether. The gas price is paid in Gwei and if it is increased, the speed of an Ethereum transaction increases.

read more ...

Halving (Bitcoin)

The Bitcoin Blockreward is halved every 4 years, which leads to lower inflation.

read more ...

Hardcap

The volume of the maximum number of coins that an ICO will create or sell is called a hardcap.

read more ...

Hardfork

A hardfork is a permanent deviation from the previous version of the blockchain. Nodes that run on earlier versions will no longer be accepted by the latest version.

read more ...

Hardware Wallet

A hardware wallet generates private keys offline. Since the wallet is not connected to the Internet, the storage is one of the most secure

read more ...

Hash Function

A hash function is a one-way algorithm used to map data of an arbitrary size onto data of a fixed size.

read more ...

Hash Rate

The hash rate is defined as the speed at which a computer can transform any amount of information into letters and numbers of a certain length. This process is called “hash”.

read more ...

Hashgraph

Hashgraph is a distributed ledger technology that functions as an alternative to blockchain

read more ...

High

A high is a price that is at a local maximum.

read more ...

High Frequency Trading

HFT is a form of trading using sophisticated systems to transact a large number of orders at extremely high speeds.

read more ...

HODL (HODLER)

Hodl (often written as HODL) is a slang term in the cryptocurrency community. The term refers to the circumstance of keeping a crypto currency for a long time instead of selling it.

read more ...

Hotwallet

A hotwallet is in contrast to a coldwallet a wallet which can be used for everyday use. The Private Keys are not permanently separated from the Internet.

read more ...

Howey Test

The “Howey Test” refers to a 1946 case involving the sale of shares in a citrus grove, which the SEC is now using as a precedent to determine whether a digital currency behaves like a security.

read more ...

Huobi

Huobi is one of the largest crypto exchanges.

read more ...

Hyperledger

Hyperledger is an umbrella project of the Linux Foundation to promote open source innovations in the field of blockchai

read more ...

ICO

An ICO is an initial coin offering. It is considered to be a cryptoequivalent to an IPO. Instead of shares in a company, ICO coins get issued for investors.

read more ...

Initial Exchange Offering (IEO)

An Initial Exchange Offering (IEO) is a type of crowdfunding for new projects, similar to Initial Coin Offerings (ICO). In contrast to ICOs, however, crowdfunding is not carried out by the teams themselves, but an exchange takes care of it.

read more ...

Institutional Money

The money of industrial investors, i.e. banks, companies or investment funds, is called institutional money.

read more ...

Interoperability

If different functions can be executed across different blockchains, this capability is called interoperability.

read more ...

IOTA

The name IOTA derives from IOT. The asset wants to penetrate the Internet of Things. However, the technology is not based on the blockchain, but on a tangle.

read more ...

IPO

IPO is the abbreviation for Initial Public Offering. This was seen as the traditional equivalent of an ICO.

read more ...

John McAfee

John McAfee advertises cryptocurrencies quite regularly and is one of its biggest known shills.

read more ...

Crypto Currencies

Crypto currency is a collective term for any project that uses coins or tokens and uses cryptography for security reasons.

read more ...

Kraken

Kraken is a cryptocurrency exchange that allows trading crypto with fiat money.

read more ...

KYC

Know your customer is a legitimacy check of certain new customers for the prevention of money laundering, which is especially prescribed for credit institutions, insurance companies or crypto exchanges.

read more ...

Layer 2

Layer 2 refers to a secondary framework or protocol based on an existing block chain system.

read more ...

Ledger (Wallet)

Ledger is the company that manufactures hardware wallets like the Ledger Nano S. This is used to store coins.

read more ...

Leverage

Leveraged trading, or margin trading, is a system that allows a trader to open positions that are larger than his equity

read more ...

Libra

Libra is a digital currency proposed by the American social media company Facebook.

read more ...

Lightning Network

The Lightning Network is an “off-chain” or “second layer” scaling solution for cryptocurrencies.

read more ...

Liquidity

The more liquid a market is, the less effect a purchase or sale has on the price.

read more ...

Long

A long position profit is made when the prices of this position rises.

read more ...

Low

We speak of a low when the price has reached a relative low.

read more ...

LRC

LRC (Loopring) is an open protocol for building efficient decentralised order book exchanges on Ethereum. LRC released version 1 in December 2017.

read more ...

Mainnet

A Mainnet is the network, which is mostly used once a project has proved itself on a test network.

read more ...

Maker Fees

Maker fees (stock exchange fees) are paid when liquidity flows into the order book in the form of orders that are not immediately executed.

read more ...

Margin

Margin is used for leveraged trading. Margin is the amount required to open and maintain a leveraged trading position.

read more ...

Market capitalization

The market capitalization is defined by the current price multiplied by all tokens.

read more ...

Masternode

Masternodes are a type of full nodes. They usually have more functions, but usually you have to fulfill certain conditions to run a master node.

read more ...

Mempool

Mempool is the abbreviation of Memory Pool, which contains a list of all Blockchain transactions that have been sent to the network but are not contained in any block yet.

read more ...

Merkle Tree

A Merkle Tree is a computer science concept that is used in some cryptocurrencies. The root is also called Merkle root or top hash.

read more ...

Metamask

Metamask is a browser extension that can be used as an Ethereum Wallet. In addition, you can easily interact with Smart Contracts within the browser.

read more ...

Mineable

A coin that is distributed or secured by mining is called a mineable.

read more ...

Mini Futures

Mini futures belong to the category of leverage products, which also includes warrants

read more ...

Mining

Mining is a process in which transactions for various forms of cryptocurrencies are added to the digital blockchain ledger.

read more ...

Mining Fee

The Mining Fee is a transaction fee that is paid to miners.

read more ...

Monero

Monero is a cryptocurrency makes anonymous transactions possible.

read more ...

Mt. Gox Exchange

The first trading place for Bitcoin was probably the Mt. Gox exchange in 2010, but its history ended abruptly in 2014. After a theft (hack) of a large part of the clients’ assets in the form of Bitcoins, the exchange was forced to file for bankruptcy.

read more ...

Multisignature

A Multisignature Wallet is based on several Private Keys. A single Private Key is not sufficient to send or sign a transaction from such a wallet.

read more ...

Myetherwallet

Myetherwallet is a popular website, which offers a connection to the Ethereum Blockchain.

read more ...

NANO

NANO is a next generation decentralized digital currency that focuses on eliminating inefficiencies in existing crypto currencies.

read more ...

Nano (Ledger)

Nano is the name of a cryptocurrency that enables free, fast and environmentally friendly transactions. The Nano Ledger is a hardware wallet.

read more ...

Node

A node is a device in a blockchain network that essentially is the foundation for the technology to function and survive.

read more ...

Non-Fungible Token (NFT)

Non-fungible Tokens (NFTs) are unique cryptographic tokens that are not interchangeable (compared to fungible tokens such as Bitcoins). The tokens are therefore unique and cannot be replicated or destroyed.

read more ...

Offchain

Offchain is the name given to all transactions that are not stored in the blockchain.

read more ...

OMG

OMG (OMG Network) is a new rebranding name (in the past called OmiseGO) OMG is a layer 2 scaling protocol for Ethereum. His proof of concept began in January 2018 with several additional steps on the roadmap. OMG is based (and organised) in Singapore and has a global investor base.

read more ...

Onchain

Every transaction written to the blockchain is called onchain.

read more ...

Open Interest

Open interest is the sum of all open positions in a futures or options contract.

read more ...

Open Source

Open source is a principle subject to
opennes in which the source code of software is made available to everyone and for any purspose

read more ...

Options

Options are instruments that include an option right.

read more ...

Over the Counter

OTC stands for “Over the Counter”. If a large amount of coins is sold or bought outside of an exchange, it is called over the counter.

read more ...

Paper Wallet

A paper wallet is a piece of paper on which the private key or seed words are written. Paper wallets are incredibly safe, but very unsuitable for everyday use. Paperwallets are classified as cold wallets.

read more ...

Parachain (Parallelizable Chain)

A parachain is a simpler form of (a) blockchain, which builds on the security features provided by a relay chain rather than providing its own security.

read more ...

Payment Gatewat

A payment gateway is a merchant service that authorizes payment processing (credit card, debit card, Paypal, cryptocurrencies etc.) for retailers of any kind, e.g. online businesses, physical stores, restaurants etc.

read more ...

Peer to Peer (P2P)

Peer to peer, or participant to participant, means directly from person to person, with no third party in between.

read more ...

Ponzi Scheme

A Ponzi Scheme is a scam in which victims are persuaded to invest in ICOs, “cryptocurrencies” or companies when they are not conducting legitimate business.

read more ...

Premine

A premine is when a developer sends a certain number of coins to his own address before official launching the blockchain to the public.

read more ...

Privacy (Coin)

The category “Privacy Coins” includes cryptocurrencies that hide data about their users.

read more ...

Private Key

A private key is a complex form of cryptography that allows a user to access a cryptocurrency. Therefore it is an integral part of cryptocurrencies.

read more ...

Proof of Stake

Behind a Proof of Stake (PoS) is a consensus algorithm.

read more ...

Proof of Work

Proof of Work is a consensus algorithm to achieve a global consensus. The algorithm is used by Bitcoin and some other currencies. In contrast to the proof-of-stake approach, miners use a lot of energy to calculate so-called “hashes”.

read more ...

Public Key

A public key is the opposite of a private key, because it can be shared publicly without any problems.

read more ...

Pump

In the case of a pump, some whales drive up a low capitalized or low liquid coin immensely within a short period of time. Because of high demand the price rises for a short period of time.

read more ...

Pump and Dump

Pump and Dump is a scam, which consists of Pump (price driven up by high demand for low liquid coins) and Dump (price collapses again as demand vanishes).

read more ...

no entry yet!
Race Attack

A race attack is a particular form of attack subject to double-spending, by exploiting information asymmetries. The attacker (payer) launches the attack by supplying a payment transaction to a victim ( the vendor) as we as the network in which the attack is being orchestrated.

read more ...

Reddit

Reddit is an American social media platform that provides some very popular discussion forums and also acts as a news aggregator.

read more ...

RegTech

RegTech is a new domain within the financial industry that aims to utilize technolgy to make regulatory processes more efficient.

read more ...

Regulatory Sandbox

A regulatory sandbox is a supervised space that is open to both authorized and unauthorized companies. The space provides a set of regulations that facilitate innovators to trial their products in an environment void of some or all legal restrictions.

read more ...

Rekt

When there is nothing left of an investment and all money has (almost) disappeared, this state is called a rekt. 

read more ...

Relay Chain

The relay chain is a blockchain that lends security to attached parachains and ensures secure message-passing between them.

read more ...

Return on Investment (ROI)

The profit calculation in percent is indicated as ROI and measures the profit in relation to the initial investment.

read more ...

Reverse Convertible

Reverse convertibles are among the most popular products

read more ...

Ripple

Ripple is the currency of the network also called Ripple. In terms of market capitalization, Ripple is one of the most important cryptos.

read more ...

Roadmap

A roadmap is a plan that defines goals and specifies an exact order on them.

read more ...

Roger Ver

Roger Ver is CEO of Bitcoin.com, co-founder of the Bitcoin Foundation and a strong supporter of Bitcoin Cash.

read more ...

Roger Ver

Roger Ver is CEO of Bitcoin.com, co-founder of the Bitcoin Foundation and a strong supporter of Bitcoin Cash.

read more ...

Satoshi (Sat’s)

1 Satoshi = 0 .00000001 BTC

read more ...

Satoshi Lite

Satoshi Lite is the nickname of Litecoin founder Charlie Lee.

read more ...

Satoshi Nakamoto

The Bitcoin protocol, which is based on cryptographic principles, was first published in 2008 under a pseudonym called Satoshi Nakomoto.

read more ...

Scaling

Many cryptocurrencies have problems to execute many transactions within a short time and keep them cheap as well. This should be solved as intelligently as possible, which is why there are many scaling solutions, first as well as second-layer solutions.

read more ...

Scam

A scam is a fraud or rip-off, which was unfortunately true for many ICOs.

read more ...

Scrypt

Scrypt is an algorithm or encryption method that uses a large storage volume and takes a long time to select.

read more ...

SEC

SEC is the abbreviation for the Securities and Exchange Commission. It is an American (stock exchange supervisory) authority which, among other things, ensures that investors are protected against potential fraud.

read more ...

Security Token

A security token is an investment mechanism that shares identical characteristics of a traditional security, i.e. the security token is purchases in the anticipation of future profits in the form of dividends, revenue share or price appreciation.

read more ...

Security Token

A security token is an investment mechanism that has the same characteristics of a traditional security, i.e. the security token is a purchase in anticipation of future profits in the form of dividends, shares in earnings or price gains.

read more ...

Security Token Offering (STO)

STO is an event at which a security token is offered at a set price before being offered on an exchange.

read more ...

Seed (words, phrase, backup, recovery)

A seed phrase, seed recovery phrase, or backup seed phrase is a list of words containing all the information needed to restore a wallet.

read more ...

Segregated Witness (Segwit)

Segregated Witness, or also SegWit, is an update of the Bitcoin network, which provides more space in blocks and thus simplifies the compatibility between Bitcoin and Lightning Network.

read more ...

Sell Wall

If many sales orders are placed at a certain price, this is referred to as a sales wall.

read more ...

SHA-256

SHA-256 is the hash function used in Bitcoin, which encrypts wallet names among other things.

read more ...

Sharding

If a chain is divided into several separate shards, this is called sharding.

read more ...

Shill

A Shill is a person who advertises (pays for) a crypto currency. The goal of such a Shill is to trigger FOMO.

read more ...

Shitcoin

“Shitcoin” is a pejorative term used for allegedly bad coins. There are no objective criteria, generally people refer to altcoins as shitcoins if they see no benefit or long-term future in them.

read more ...

Short

If a position is short, it generates a profit as soon as the price falls.

read more ...

Short Squeeze

If there is a rapid increase in a price due to a lack of supply and excess demand, this is referred to as a short squeeze.

read more ...

Sidechain

A sidechain is connected to a mainchain, but still a separate blockchain variant.

read more ...

Sign

Before a transaction can be sent, it must be signed with a private key. This happens in wallets in the background and is called Sign.

read more ...

Simple Agreement for Future Tokens (SAFT)

The SAFT is an agreement which conveys rights for tokens before the development of the tokens functionality. SAFT ensures that the delivery of the tokens to a given investor, once the functioning application of the token is fully developed.

read more ...

Smart Contract

A Smart Contract is computer code designed to facilitate, verify or enforce digitally the negotiation or performance of a contract. Smart Contracts enable the execution of credible transactions without third parties.

read more ...

Softcap

The minimum that an ICO wishes to collect in capital is also called a soft cap.

read more ...

Softfork

If the rules of a blockchain changes its backwards-compatibility, this is called a softfork. No new blockchain is created because all the miners follow the upgrade.

read more ...

Softwallet

A software wallet is a digital wallet that exists as an application on a computer and usually utilizes hot storage technolgy.

read more ...

Solidity

Solidity is used to write Smart Contracts, so it is also called a contract-oriented programming language.

read more ...

Spooning

If a token is copied to another blockchain, this is called spooning.

read more ...

Spread

The difference between supply and demand price is called the spread.

read more ...

Stablecoin

A cryptocurrency which is deposited with a collateral and therefore should have less volatile properties than conventional cryptocurrencies. They aspire towards a stable price.

read more ...

Staking

In Proof-of-Stake (PoS) networks, participants must provide monetary securities instead of providing computing power in the form of energy as in Proof-of-Work Mining. This process is called staking.

read more ...

State Channels

State channels are considered secure transactions amongst distributed ledger technology users that do not occur on the blockchain.

read more ...

Stock to Flow (S2F)

The stock to flow ratio describes the rarity of a good. In addition to gold, it can also be applied to Bitcoin

read more ...

Strukturiertes Finanzprodukt

Ein Finanzprodukt wird zu einem strukturierten Finanzprodukt, wenn mindestens zwei Finanzinstrumente, von denen mindestens eins ein Derivat sein muss, kombiniert werden. Der Begriff „strukturiertes Produkt“ ist als Finanzprodukt mit derivativer Komponente zu verstehen.

read more ...

Supply

Corresponds to the supply, i.e. the number of coins circulating on the market.

read more ...

Szabo

Szabo is a denomination of Ether and a popular measurement unit of Gas.

read more ...

Taker Fee

Taker fees are charges that occur when a market participant makes a market limited order that is executed immediately against a limit order that already exists on an orderbook.

read more ...

Tangle

The technology used by IOTA as an alternative to the blockchain is called Tangle.

read more ...

Technical Analysis

Technical analysis is an observation of historical price movements of an asset.
These observations are used to discuss possible future forecasts. Technical analysis is a frequently used instrument when trading a wide variety of assets.

read more ...

Telegram

Telegram is a messenger app similar to Whatsapp, which is very popular in the crypto currency world.

read more ...

Testnet

New functions for the Mainnet can be tested in a test net, where the tests take place in a safe environment.

read more ...

Tether

Tether is a crypto currency that tries to represent the value of the US dollar. Tether is probably the best known stable coin.

read more ...

Tickersymbol

Ticker symbols are usually three-digit abbreviations within the Exchanges which are to represent the name of the respective currency. Well-known examples are BTC, ETH, XRP, LTC…

read more ...

Timestamp

A timestamp is a piece of information that identifies the time at which a given event is electronically recorded.

read more ...

Timestamping

Timestamping is the act of proving that, at a spefic point in time, an event has occured.

read more ...

Token

Token are mostly Smart Contract generated coins which do not have their own blockchain.

read more ...

Token Basket

A token basket is a collection of that have been created and bundles together via a smart contract on the Ethereum network. Token baskets facilitate the investing in a collection of digital assets as opposed to investing in single assets.

read more ...

Token Contract

A token contract is a smart contract on the Ethereum network.

read more ...

Token Gravity

Token gravity is a concept that details how tokens can be expected to move within a given digital ecosystem.

read more ...

Tokenization

Tokenization has the potential to revolutionize the real economy. Blockchain can improve the liquidity and transparency of large value assets such as prime real estate or famous works of art.

read more ...

Tokenomics

Tokenomics is an umbrella term that inlucdes the words “token” and “economics”

read more ...

Trace Mayer

Trace Mayer is an entrepreneur, investor, journalist, monetary scientist and advocate of freedom of expression.

read more ...

Trade

Every trade is a trade, accordingly everyone who trades in cryptos is a trader.

read more ...

Transaction Fee

A transaction fee is nothing more than the fee for a transaction. These can be individual and adjust the priority of the transaction. The higher the transaction fee, the faster a transaction is processed by the network.

read more ...

Transaction Speed

The transaction speed reflects the time it takes for an individual transaction to complete.

read more ...

Travel Rule (Financial Action Task Force “FATF” Guideline)

In June 2019, the FATF, the global money laundering regulator, published its guidelines for dealing with virtual currencies. These include amongst others the „Travel Rule“. Introduced in 2012, this recommendation requires the exchange of client data between financial intermediaries.

read more ...

Trezor

Trezor is one of the most popular hardware wallets, in this case Trezor is the name of the product.

read more ...

Trustless

Kyrptos is called trustless when you don’t have to trust anyone to make the system work.

read more ...

Unbanked

Unbanked is a phenomen that concerns people who do not have access or do not use banks or financial institutions.

read more ...

Underbanked

Underbanked is a phenomen that concerns people who do lack sufficient access to mainstram financial services and products that are usually offered by retail banks.

read more ...

Uptrend

An uptrend is a bullish phase.

read more ...

Utility Token

A utility token is a token issued in order to fund the development of an IT systems and/or business model and can typically be used to later on purchase goods or services created by the issuer of that token and can thus oftentimes be seen as usage rights.

read more ...

Vesting

Vesting is a term used to describe the fact that an asset is fully under the ownership of an investor. Crypto projects often use long-term token release vesting schedules for token sale investors.

read more ...

Virtual Asset Service Provider (VASP)

The definition of VASP covers a wide range of natural and legal persons acting as VASP financial intermediaries.

read more ...

Vitalik Buterin

Vitalik Buterin is a Canadian-Russian software developer and author. He is mainly known as the co-founder and conceptual inventor of Ethereum.

read more ...

Volume

The volume indicates the total quantity traded.

read more ...

Wallet

A cryptocurrency wallet is a tool with which you can interact in a blockchain network. It is ofentimes also called the browers of the blockchain era. Wallets can generate the necessary information to send or receive cryptocurrencies via the blockchain.

read more ...

Wash Trade

A wash trade occurs when a trade is made on exchange that is used to manipulate the market e.g.

read more ...

Washtrading

Washtrading, i.e. the artificial inflation of trading volumes, is a popular marketing tool of some exchanges in the crypto-market.

read more ...

Weak Hands

If an investor sells directly in the event of a price collapse, this is called “weak hands”.

read more ...

Whale

Whale is the name given to individuals or institutions that possess large amounts of money or cryptocurrencies and use them in commerce to increase or decrease prices.

read more ...

Whitelisting

Whitelisting is the process of explicitly allowing specific identified investors to participate in a token sale.

read more ...

Whitepaper

Documents that explain technical aspects, intentions or strategies of a project.

read more ...

Winklevoss-Twins

Brothers Cameron and Tyler Winklevoss, also known as the Winklevoss twins, have been Internet entrepreneurs for a long time.

read more ...

XRP

XRP is the short form for the cryptocurrency Ripple used on exchanges.

read more ...

XVG

XVG (Verge) ist eine auf den Schutz der Privatsphäre ausgerichtete Krypto-Währung, die früher unter dem Namen „Dogecoin Dark“ bekannt war. Der Genesis-Block wurde im September 2014 geschaffen, mit einem maximalen Vorrat von 16,5 Milliarden Token. Der Konsens-Algorithmus basiert auf einem Proof of Work Algorythmus mit einer 30-Sekunden-Blockzeit und einer Blockbelohnung von 730 Token.

read more ...

Yield Farming

Yield farming involves the use of DeFi protocols and products to optimise the use of capital in such a way that investors achieve high returns.

read more ...

Zentralisierung

Systeme die zentralisiert sind, sind nicht trustless. Den Authoritäten muss vertraut werden, dass diese ihre Macht nicht missbrauchen.

read more ...

ZIL

ZIL (Zilliqa) ist eine in Singapur ansässige Blockchainplattform, die 2017 ins Leben gerufen wurde. Sie war eine der ersten, die die „Sharding“-Technologie einsetzte, um die übliche Blockchain-Hürde der Skalierbarkeit zu überwinden. ETC (Ethereum Classic) hatte ein Hard-Fork-Upgrade namens Phoenix.

read more ...