A unique cryptographic token that exists on a blockchain and cannot be replicated. It can represent the identity or property rights of digital or physical items like artwork and real estate on a blockchain.
A set of definitions for different types of requests and calls that can be made, the data types that can be used, and how to make those requests. It acts as a bridge between two software systems, enabling data transfer between them.
A metric for the relative market share of BTC compared to all other cryptocurrencies. It's obtained by dividing the market capitalization of all other cryptocurrencies by the market capitalization of Bitcoin multiplied by 100.
The computational power miners spend to process and confirm transactions on the Bitcoin blockchain. It's an indicator of the network's level of security and decentralization.
A set of Bitcoin transactions from a certain period. Blocks are arranged on top of each other so that one block depends on the previous to form a chain of transactions - blockchain.
A specific location in a blockchain is measured by the number of confirmed blocks preceding it. The current block height of a blockchain indicates its current size or time in existence.
A distributed ledger with growing lists of records (blocks) securely linked together through cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
Burning a cryptocurrency means intentionally and permanently removing some tokens or coins from circulation by sending them to inaccessible or unusable addresses. It reduces the total supply of an asset and consequently controls inflation.
A consensus mechanism or algorithm is a fault-tolerant system through which blockchain nodes agree about the network's current state. It establishes immutability and security in a blockchain network.
Counterparty risk in crypto refers to the likelihood or possibility of one party involved in a transaction failing to fulfil/honour their obligations, resulting in potential losses for the other party.
构造成单个 DeFi 组织架构的一系列智能合约的集合
The transfer of power, authority, control, and decision-making processes from a centralized entity to a larger distributed network. Public blockchains, like Bitcoin, are politically decentralized (no one controls them) and architecturally decentralized (there is no infrastructural central point of failure). However, they are logically centralized (there is one commonly agreed state, and the system behaves like a single computer.)
A software application running on a decentralized network, typically a blockchain. Unlike traditional applications on centralized servers, DApps function on peer-to-peer networks, meaning single entities or individuals do not control them.
A system designed to distribute decision-making, management, and ownership of an entity. Decisions are made from the bottom up and governed by a community organized around specific rules enforced by smart contracts.
Do Your Own Research, commonly abbreviated as DYOR, is a crypto slang emphasizing the importance of conducting thorough research and due diligence into a project before investing in it.
An investment vehicle that tracks the value of an asset, like Bitcoin, and trades on traditional market exchanges instead of crypto exchanges. It offers traditional investors a regulated investment option, enabling them to invest in BTC, for example, without directly owning it.
The first validated block in a blockchain holding significance as the starting point for all subsequent blocks and transactions. The Bitcoin genesis block was mined on January 03, 2009, marking the birth of the Bitcoin blockchain.
A long-term investment strategy where individuals buy and hold assets for a long time, resisting the temptation to sell for short-term gains.
The process of verifying customer identities to help curb fraud, corruption, money laundering, and terrorism financing activities.
A live version of an independent blockchain running its own network with its own infrastructure, such as the Bitcoin mainnet. It forms the backbone of a blockchain ecosystem, responsible for validating, recording, and broadcasting transactions.
Market capitalization or market cap is a metric used in both traditional and crypto markets to measure and track the market value of an asset. It's calculated by multiplying the current price of an asset by its circulating supply.
A multisig wallet requires more than 1 private key to access crypto assets or sign transactions. It brings an extra level of security, minimizing the likelihood of compromising a wallet.
A computer that participates in a blockchain network by storing, confirming, and broadcasting transactions and blocks to other computers. Any individual can run a node anywhere in the world as long as they're connected to a decentralized network and meet the minimum requirements.
Satoshis, named after the pseudonymous Bitcoin creator, Satoshi Nakamoto, are the smallest units of Bitcoin (BTC). 1 Satoshi is equivalent to 100 millionth of a BTC.
A type of digital signature invented in the 1980s that facilitates signature aggregation while maintaining privacy standards.
An early investment in a private company or project in exchange for equity (a share of ownership and future revenue.)
An identical copy of a blockchain network created for the sole purpose of testing out new products and features. It functions as a development hotbed where developers can try out new functionalities before integrating them into the main blockchain – mainnet.
A metric used to measure the overall health of a DeFi protocol. It helps to gauge whether a DeFi asset is undervalued or overvalued. For example, if it is below 1, it's likely undervalued.
An extra layer of protection for online accounts – in addition to usernames and passwords. It requires the input of codes generated by SMS or authentication Apps, such as the Google Authenticator App.
The amount of digital currency remaining after completing a crypto transaction. It can be used as input in a new transaction.
指两种不同货币之间的汇率。例如，CAD/USD，其中基础货币“CAD”表示需要多少报价货币“USD”才能获得一个单位的基础货币。例如，加元/美元货币对，加元将是基础货币，美元将是报价货币。如果CAD/USD = 0.75，这意味着1加元等于0.75美元。
在加密领域, 有时被称为抵押品因素，指的是借款人可以以特定抵押品作为担保所能获得的最大资产数量。该比率以百分比表示（例如，在LTV=75%时，每1 ETH价值的抵押品，借款人将能够借入相应货币价值0.75 ETH）。一旦发生借款交易，LTV会随着市场条件变化而调整。在金融领域中，它代表了贷款与购买资产价值之间的比例关系。