📒Apendix
This section serves as your comprehensive guide to the key terms and concepts that shape the crypto-sphere.
Blockchain: A decentralized and distributed ledger technology that records transactions across a network of computers.
Cryptocurrency: Digital or virtual currency that uses cryptography for security and operates independently of a central bank.
Wallet: A digital tool that allows users to store, send, and receive cryptocurrencies.
Bitcoin: The first and most well-known cryptocurrency, introduced by an unknown person or group of people using the pseudonym Satoshi Nakamoto.
Altcoin: Any cryptocurrency other than Bitcoin; alternative coins.
Decentralized Finance (DeFi): Financial services built on blockchain technology, aiming to recreate traditional financial systems without centralized control.
Smart Contract: Self-executing contracts with the terms of the agreement directly written into code.
ICO (Initial Coin Offering): A fundraising method in which new projects sell their underlying cryptographic tokens to raise capital.
FOMO (Fear of Missing Out): The anxiety that an exciting opportunity may be missed, leading individuals to make impulsive decisions.
HODL: A misspelling of "hold," indicating a long-term investment strategy without succumbing to market fluctuations.
Mining: The process by which new cryptocurrency coins are created and transactions are verified and added to the blockchain.
Fork: A split in the blockchain, resulting in two separate chains, often due to a change in protocol.
Token: A unit of value issued by a project, often representing a stake in the project or access to its services.
Private Key: A cryptographic key that grants access to one's cryptocurrency holdings.
Public Key: A cryptographic key that can be shared openly and is used to receive cryptocurrency.
Wallet Address: A unique identifier that represents a destination for a cryptocurrency transaction.
Exchange: A platform where users can buy, sell, and trade cryptocurrencies.
DApp (Decentralized Application): An application that runs on a blockchain, ensuring decentralization and transparency.
Whale: An individual or entity that holds a significant amount of cryptocurrency, capable of influencing market prices.
Staking: The process of participating in the operations of a blockchain network by holding and "staking" a cryptocurrency.
Hardcap: The maximum amount of funds that a project aims to raise during a fundraising event, such as an Initial Coin Offering (ICO) or Token Sale.
IMC (Initial Market Capitalization): The total value of a cryptocurrency at the moment it is launched or becomes available for trading on the market.
MC (Market Capitalization): The total market value of a cryptocurrency, calculated by multiplying the current price per coin by the total circulating supply.
FDMC (Fully Diluted Market Cap): The market capitalization of a cryptocurrency, taking into account the total supply, including not only the circulating supply but also potential future supply from factors such as unmined coins or future releases.
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