Quando vengono letteralmente regalati Token o Coins durante la prima fase della creazione di una nuova criptovaluta
All Time High ovvero il massimo valore storicamente raggiunto da una certa criptovaluta
Algotithmic Trading o Algo Trading:
Un tipo di strategia in cui a fare le transazioni sono dei software chiamati “trading bots” or an “algorithmic trading bots” che automatizzano l’acquisto o la vendita di valute secondo valori precedentemente fissati.
Per A.S.I.C. (Application Specific Integrated Circuit) si intendono le macchine altamente specializzate nell’estrazione di criptovalute basate su tantissimi chip ARM che girano in parallelo raffreddati centralmente.
AIR GAPPED DEVICE:
Letteralmente un dispositivo di memorizzazione con uno “spazio d’aria” inteso come essere scollegato dalla rete e quindi insensibile ad attacchi di qualsiasi tipo. Attualmente è la modalità con cui vengono conservate le grandi cifre di Criptovaluta che non serviranno nell’immediato futuro.
Un metodo di manipolazione della blockchain Bitcoin che si verifica quando un gruppo di miners controlla oltre il 50% della rete. Questo permette a un’entità centralizzata di controllare “la verità” compromettendo così l’integrità di tutto il sistema.
vengono così chiamate tutte le criptovalute alternative al Bitcoin.
All Time High ovvero il prezzo massimo raggiunto nello storico di una certa criptovaluta.
L’ammontare del totale delle criptovalute presenti sul proprio account o Wallet.
Una tendenza al ribasso nel mercato delle criptovalute.
BID ASK SPREAD:
La differenza tra il prezzo che il compratore è disposto a pagare e quanto il venditore è disposto a vendere per un certo asset.
Sono dei database a blocchi di cui ognuno contiene la chiave crittografica di accesso al blocco successivo e quindi non sono modificabili una volta chiusi.
La massima grandezza di uno dei blocchi della Blockchain
La quantità di criptovaluta accreditata ai miners dopo l’aggiunta di un nuovo blocco
BYZANTINE FAULT TOLERANCE:
La capacità di un sistema di resistere ad attacchi basati sul problema del generali Bizantini
BIZANTYNE GENERALS PROBLEM:
Un esperimento mentale per illustrare la difficoltà a ottenere in consenso in un sistema distribuito
L’aspettativa in un aumento generalizzato dei prezzi delle criptovalute.
La tendenza del mercato a salire di valore
Un tipo di analisi tecnica della volatilità dei Bitcoin originariamente sviluppata da John Bollinger.
Al contrario quando ci si aspetta deprezzamento e perdite.
IL consensus mechanism serve agli utenti della blockchain per decidere le loro quote di partecipazione. Due esempi sono il Proof of Work and Proof of Stake.
Per combattere l’inflazione o per altre ragioni economiche dei coin vengono distrutti per alzare il valore dei Coin rimanenti
PIZZA BITCOIN TRANSACTION:
Si riferisce alla mitica transazione del 22 Maggio 2010 con cui furono acquistate un paio di pizze da Lazlo Hanyec. Viene spesso presa ad esempio perchè le 2 pizze furono pagate 10.000 BTC.
Si riferisce ad una plusvalenza ottenuta da una compravendita.
Porre attenzione su una determinata criptovaluta, in modo da aumentarne il prezzo oltre il reale valore di mercato, per poterci speculare
Dal latino “creata” si intendono le valute convenzionali come dollaro ed euro.
Un tipo di Wallet non collegato alla rete internet e quindi al sicuro da attacchi remoti.
Fear Of Missing Out, ovvero la paura, il dubbio e l’incertezza nelle decisioni finanziarie.
Fear Uncertainty Doubt, paura incertezza dubbio che abbassa la confidenza e conseguentemente i prezzi di mercato delle criptovalute.
L’hashing è l’unità di misura della potenza del mining.
Il termine si riferisce all’atto che un utente malintenzionato compie, provando a spendere i propri bitcoin verso due diversi riceventi contemporaneamente (doppia spesa).
In termine fee si riferisce ad una tassa da pagare per far si che avvenga la transazione
Quando, a causa di cambiamenti di protocollo, una blockchain viene divisa in due blockchain distinte.
Un gruppo di persone o entità che spargono FUD (Fear Uncertainty Doubt) in vari sicial media.
Nello slang della criptosfera è il termine che si usa per detenere criptovalute in aspettativa che il loro valore aumenti.
Initial Coin Offering, ovvero le emissioni iniziali e vendita di token quando viene fondata una criptovaluta.
La Capitalizzazione di mercato, indica il valore totale di una criptovaluta, ovvero quantità in circolazione moltiplicata per prezzo.
Quando i prezzi delle criptovalute subiscono un forte rialzo.
Proof of Stake è l’algoritmo che consente alla blockchain di una criptovaluta di raccogliere e validare i consensi per la creazione del blocco successivo.
Proof of Work Un meccanismo per bloccare gli attacchi DOS (denial of service) e altri abusi a livello di blockchain.
SATOSHI o BIT:
Come si definisce 1/100 milionesimo di Bitcoin, ovvero la parte più piccola in cui può essere divisa la criptovaluta madre.
Conosciuto anche come truffa dello scambio di SIM o SIM Splitting è un metodo per impersonare il numero di telefono di qualcuno allo scopo di accedere agli account di una determinata persona. Gli hacker sono riusciti in più casi a farsi recapitare una SIM card aggiuntiva dopo aver imprsonificato il legittimo proprietario; avendo prima rubato le credenziali di questo. Si consiglia di usare una 2FA per scongiurare quiesto tipo di attacchi.
Un sito creato con tecnologia decentralizzata e offuscata dal protocollo TOR da Ross Ulbricht per vendere prevalentemente merci illegali. Sul sito il Bitcoin era l’unica forma di pagamento accettata che venivano anche passati per un Thumbler per maggiore anonimità.
Una modalità di programmazione per l’esecuzione automatizzata e temporizzata di processi su una blockchain. In aggiunta agli scambi di valuta uno Smart Contract può arbitrare degli asset tra le parti secondo condizioni predeterminate e non modificabili, rendendo di fatto inutile l’interbento di terzi.
Un tipo di indirizzo altamente privato usato da ZCash. Questo tipo di indirizzi, non essendo visibili nella Blockchain, offrono protezione contro le transaction graph analysis. Le valute vengono trasferite tra due privati le cui identità rimangono sempre segrete. Le cosiddette Shielded addresses non sono supportate da tutti i ZCash wallet.
Return of Investment ovvero la percentuale di guadagno prevista sul capitale investito.
Qualitative Analisys ovvero l’analisi delle statistiche generate dal Trading nell’ottica di prevedere le fluttuazioni future.
PUMP & DUMP SCHEME:
Per schema Pump & Dump si intendono azioni umane atte a aumentare notevolmente il prezzo di una criptovaluta basandosi su raccomandazioni o affermazioni esagerate per poi rivendere una volta che la criptovaluta aumentato il proprio valore.
La base per possedere criptovalute è avere un portafoglio in cui memorizzare le proprie chiavi crittografiche. Può essere on-line o off-line in quest’ultimo caso gli hash delle criptovalute vengono memorizzate su una chiavetta USB apposita.
Un individuo o società che possiede grandi volumi di criptovalute.
Coloro che si occupano dell’attività di estrazione dei codici crittografici attraverso schede video o hardware dedicato allo scopo di guadagnare criptovaluta.VOLATILITY: Per volatilità s’intendono improvvise e importanti variazioni di prezzo
Prelievo di una somma.
Un documento informale che enuncia la metodologia e lo statuto di un’azienda o organizzazione. Questo è divenuto il golden standard per annunciare chi sta alla base di un progetto che prevede delle emissioni di Token o ICO.
A design document for introducing features or information to the Bitcoin protocol.
The first successful and widely used implementation of a blockchain, originally proposed by Satoshi Nakamoto. It’s a peer-to-peer payment system and store of value. Bitcoin can refer to both the tradable asset as well as the underlying protocol and technology.
Someone who believes that Bitcoin is the only cryptocurrency that holds any real value or potential.
A large buy order set at a specific price, likely to prevent lower buy orders from executing. This may be the result of Whales attempting to manipulate the price of an asset.
The thing being mined by miners. It’s where transactions are stored. Once written, it cannot be altered or removed. It can be thought of like a page in a public ledger.
A specific type of DAG (Directed Acyclic Graph) first introduced by the Nano cryptocurrency. Each account has one blockchain which is controlled by the account’s private key, and each blockchain is replicated to all peers in the network. This arrangement is called a block lattice.
The maximum amount of data that a single block can hold.
A decentralized database, often referred to as a public ledger. It’s a chain of blocks, each of which record transaction data. New blocks are discovered by miners at a relatively fixed speed.
An interface to view the data stored on a blockchain.
The number of blocks that have been mined thus far.
The amount of a given cryptocurrency that is rewarded to miners when the next block has been mined.
Verifiably destroying a coin or token. This may be done for several reasons, such as rewarding existing stakeholders (reducing the supply tends to make the price go up), destroying unsold tokens from an ICO, or replacing them on an upgraded chain.
The characteristic of a system that is able to tolerate the issues brought up by the Byzantine Generals’ Problem.
A thought experiment that is intended to illustrate the difficulty of reaching consensus in a distributed system. In the problem, a group of generals who each command a portion of the army, surround a city. These generals must develop a plan to either attack or to retreat. Every general must reach a collective decision (if a unified decision is not reached, and some generals decide to attack, while others retreat, then the uncoordinated attack or retreat, the army will fail). Generals must coordinate via messengers (whom may lie) and generals themselves may be traitorous.
A common way to graph the price of a financial asset over time. It differs from a basic line chart in that it contains more information. Each period, or “candle”, contains the open, high, low, and closing price. A green candle typically means the price has gone up, and a red one means down.
Chart patterns are distinctive, recurring movements in the price of a financial asset. Technical analysis frequently involves the study of chart patterns (along with several other indicators) to help predict and model future price movements.
Coinbase Pro (originally named GDAX) is professional-grade cryptocurrency exchange.
Coinbase Prime is a cryptocurrency exchange intended specifically for institutional investors, with support for Over The Counter (OTC) trading.
A transaction is considered to be confirmed once it has been written to the blockchain. If a transaction has multiple confirmations, it means that additional blocks have been mined after the block that contains the transaction in question. The higher the confirmation number, the more certainty that a coin has not been double spent.
Our Wallet Watch service offers notifications when transactions have been confirmed on your wallet.
A blockchain-based virtual game that allows players to purchase, collect, breed and sell various types of virtual cats. It famously clogged the Ethereum network at the height of its popularity. A single a CryptoKitty has been sold for over $100,000.
To systematically invest a fixed amount of money into an asset over a long period of time. This averages the cost of your investment, avoiding any sense of needing to “time the market”. This is generally considered to be the safest, most level-headed way to invest.
An application that exists on a blockchain.
The portion of the internet only accessible through specialized networks such as Tor.
A common way to attack a network or website in order to render it unusable for a period of time. The attacker, often in control of a botnet, will overload the target by sending it more data than it can handle.
Invented by Daniel Larimer, it is an alternative consensus mechanism to Proof of Work. A cryptocurrency that uses DPoS votes for a “witnesses” to secure their computer network. Coin holders vote for “delegates”, who are then responsible for validating transactions and maintaining the blockchain. It’s used as a consensus mechanism in various cryptocurrencies such as BitShares, Lisk, EOS, Tezos, Ark, Nano and Cardano.
Typically thought of in association with Ethereum, decentralized finance involves conventional financial tools built on a blockchain. This includes things like stablecoins, lending protocols, prediction markets, security tokens, derivatives and decentralized exchanges.
This term refers to the percentage of the total crypto market cap that any specific cryptocurrency currently occupies. BTC Dominance, for example, is the BTC market cap divided by the total crypto market cap.
A group of companies allied with the goal of making Ethereum work for large scale business purposes.
A decentralized service which allows Ethereum addresses to be replaced with human-readable names.
An asymmetric memory-bound Proof of Work system that is based on the generalized birthday problem. Its memory intensive nature can be used to prevent ASIC mining. ZCash and its numerous forks are the most notable cryptocurrencies that use the Equihash algorithm. Developed by Alex Biryukov and Dmitry Khovratovich at the University of Luxembourg.
A standard format for tokens to follow in order to work with the Ethereum ecosystem. Refers to the 20th “Ethereum Request for Comment” proposal.
The runtime environment for smart contracts in Ethereum. It is sandboxed and completely isolated from the network, filesystem or other processes of the host computer system. Every Ethereum node in the network runs an EVM implementation and executes the same instructions.
In technical analysis, it is often observed that when markets move substantially in one direction, they often pull back to specific levels before continuing a trend. These levels correspond with ratios derived from Fibonacci numbers (23.6%, 38.2%, 50%, 61.8% and 100%).
An emotional reaction following a bull run, leaving prospective investors afraid they’ve missed out on an opportunity.
A change in a given blockchain protocol.
A node which downloads a full copy of the blockchain and helps validate it, among other things (such as store a memory pool of pending transactions). Different blockchain implementations may have nodes serve different purposes. Someone who runs a node should not be confused with a miner.
The internal pricing for running a transaction or contract on Ethereum.
GDAX is the original name for the Coinbase Pro exchange.
Gemini is a cryptocurrency exchange founded in 2014 by the Winklevoss Twins. It has a strong focus on regulatory compliance (it is regulated by the New York State Department of Financial Services).
Governance refers to the method by which a cryptocurrency evolves over time. Certain coins have explicit “on-chain governance”, which outlines a specific process by which proposed changes are voted on.
A computer optimized for computing visual display information. It typically has a highly parallel architecture and excels at math-heavy calculations (and therefore, much better at mining cryptocurrencies than a regular CPU).
A limit on the amount of funds that can be raised for a given ICO.
A meme derived from the misspelling of the word “Hold”. A mindset that encourages people to hold on to their cryptocurrencies and have faith in the longterm prospects of the industry. Often given the incorrect bacronym “Hold on for Dear Life”.
A test the SEC uses to determine if an asset should be classified as a security.
An infrequent event where the reward for mining gets cut in half.
Any mathematical function that can be used to map data of arbitrary size to data of fixed size. In crypto, it is a one-way function that cannot be reverted. It’s the kind of mathematical work used to mine cryptocurrencies.
The speed at which mining is occurring.
A patented (closed source) “next-generation” consensus protocol that could theoretically render the blockchain obsolete. It features a “gossip protocol” where every node can spread signed information (events) on new and received transactions to randomly chosen neighbors. Neighbors will then aggregate received events with information from other nodes into a new event, and then send it on to other randomly chosen neighbors. This system can reportedly achieve an astonishing quarter-million transactions per second.
A technical analysis indicator which provides trading signals by identifying trend directions and momentum.
An object that cannot be changed once it is created, such as a transaction once it has been written to the blockchain.
A payment protocol that is built on top of a blockchain. It enables nearly instant transactions between parties and is one proposed solution to the scalability issues Bitcoin has faced.
See: Market Maker
A technical analysis indicator which shows the relationship between two moving averages.
A MACD Crossover is a trading indicator. It occurs when a short term moving average line intersects, or crosses over, the long term line. A crossover can occur in either a bullish or bearish direction.
The live network where real transactions take place on a distributed ledger. As opposed to a testnet.
The price of a coin multiplied by the circulating supply of that coin.
A way to represent the order book of a given market in real-time on an exchange. Strictly, it is the size of an order needed to move the market price by a given amount. This data is frequently visualized as a graph to easily digest.
A full node or wallet that keeps the complete copy of the blockchain, but also performs additional functionality that is specific to a given cryptocurrency (such as participating in governance, or facilitating instant transactions). Someone who runs a masternode typically needs to own a certain amount of tokens to qualify, and may in turn earn passive income from it.
The mempool is where pending Bitcoin transactions wait for their chance to be written to the blockchain. A mempool is hosted by a node. The order by which transactions are selected from the mempool is based on the transaction fee paid to the miners.
Our platform supports free Bitcoin mempool size alerts to help monitor sudden changes in the network.
An important data structure commonly used within blockchains (as well as BitTorrent and Git). It allows for fast and secure verification of the contents of large data structures. Is used to test whether a transaction is included in a set or not.
A Bitcoinexchange based in Japan which got hacked and went bankrupt in February 2014. The original name is short for “Magic: The Gathering Online Exchange”, which is what the site was originally intended for. It later became the first widely popular crypto exchange. It was founded by Jed McCaleb.
A wallet that requires more than one key to authorize a transaction.
A computer connected to a given blockchain network. This is where transactions are initially broadcast, before they are written to the blockchain itself.
A “number only used once”, which may have different meanings in contexts both in and outside of crypto. A cryptographic nonce is often used to ensure that old communications cannot be reused in replay attacks.
Originally called Calibra, Novi is the name of Facebook’s Libra wallet. Novi will be a standalone app that acts as a way to convert fiat money to the crypto assets that the wallet supports (and vice-versa). Initially, the wallet will support currency-backed stablecoins, such as LibraUSD, LibraEUR, LibraGBP and LibraSGD.
For any given period of time, the price of an asset is commonly expressed using these four metrics. The open is the price at the beginning of a given time window. The high is the max value within that window. The low is the minimum value, and the close is the value at the end of the window. This data is conveyed within each candle of a candlestick chart.
Ouroboros is the name of Cardano’sstaking algorithm. In this algorithm, a node is selected to generate a new block based on the relative economic stake they have in the network. Time is divided into “epochs”, and further subdivided into “slots”, where leaders are chosen.
The inverse of Overbought.
This refers to a derivative of Bitcoin that represents the underlying asset — but is not actually Bitcoin itself. For example, the Robinhood exchange does not allow you to withdraw BTC, because they only sell a Bitcoin derivative that is intended to reflect the price of the real thing.
A sale event that runs prior to the proper crowdsale in an ICO. There is usually a low cap to the funds raised, and they are often sold in bulk or at a discount.
A a string of letters and numbers that serves as a cryptographic key allowing a transaction to be sent over the blockchain. This is essentially your password for a wallet address, and should be held as securely as possible.
A blockchain consensus algorithm first introduced by NEM. Proof of Importance is the mechanism that is used to determine which nodes are eligible to add a block to the blockchain (this process is known as “harvesting” in NEM). It is different than Proof of Stake in that it factors one’s overall support of the network into account, not just the current moment in time. Vesting, transaction partners, number and size of transactions are all factors.
The ability to mine cryptocurrency by simply holding coins in a wallet that is connected to the network. The more coins in the wallet, the more mining power.
A piece of data that is computationally difficult to produce but easy for others to verify. It is the primary thing that miners do to discover new blocks and contribute to the integrity of the network.
The address used to send someone an amount of cryptocurrency. If a private key is your password, a public key is your username.
A specific voting process, and a proposed method of governing a blockchain. Voters are able to express how strongly they feel about an issue by purchasing more votes for a specific outcome. While voters can vote as many times as they want, the cost of each vote increases exponentially.
A coordinated manipulation of the price of an asset. A whale or group of people all start buying a cryptocurrency causing the price to drastically increase very rapidly. This often causes wild speculation and others start buying it out of excitement. The original actors immediately sell everything they originally bought causing the price to come tumbling back down.
Also known as a mnemonic seed, it is a list of words which store all the information needed to recover a private key.
A technology used by Monero in order to obfuscate the input of a transaction. A message signed with a ring signature appears to be endorsed by any person within a certain group of people. It is computationally infeasible to determine which member of the group actually produced the signature.
The creator of the Silk Road, currently serving a life sentence in jail. Known under the pseudonym “Dread Pirate Roberts”.
A technical analysis indicator used to identify overbought or oversold conditions when trading an asset.
A financial asset that is expected to perform well (or at least retain its value) during an economic downturn. Gold is a common example, and many people think Bitcoin has the potential to display similar properties.
The smallest atomic unit that a Bitcoin can be divided into. 1 satoshi = 0.00000001 BTC
A hash function used by certain cryptocurrencies (notably Litecoin) as an alternative to SHA-256. It is more memory intensive, which means it is not well suited for ASIC hardware. This ensures that CPU and GPU remain viable methods to mine the coin.
A US federal government agency responsible for protecting investors by regulating securities markets. The mission statement of the SEC is to “promote a market environment that is worthy of the public’s trust”.
Similar to an ICO, but the tokens issued offer more rights and may be backed by assets, profits, or revenue generated by companies. The idea is to give these tokens tangible value from day one, and reduce the component of hype and speculation.
A large sell order set at a specific price, likely to prevent higher sell orders from executing. This may be the result of whales attempting to keep the price of an asset low.
The ability to transfer assets from one blockchain to a separate blockchain and then be moved back if needed. It’s a way for multiple cryptocurrencies to interact with one another.
Information that allows someone to prove that they have a private key, without having to reveal the actual private key.
The minimum amount of money raised in an ICO in order to consider it a success.
A theoretical model of Bitcoin’s past and future price, primarily influenced by the amount of Bitcoin being mined at any given time. This means that the halving is the primary event that influences the price of Bitcoin, according to this model.
A cryptocurrency that is pegged to a specific value (usually a fiat currency) and is intended not to fluctuate in price.
A way of sending cryptocurrency by giving additional privacy to the recipient. By using a stealth address, you ask payers to generate a unique address in such a way that you can deduce the corresponding private key. So although a single “stealth address” can be visible in public, the blockchain sees all incoming payments as going to separate addresses.
A type of DAG (directed acyclic graph) used by IOTA. It’s a network consisting of nodes that issue and validate transactions. A qualifying node must choose two other transactions to approve, ensure approved transactions are not conflicting, and solve a cryptographic puzzle. A “coordinator” is currently used as a centralized consensus mechanism to prevent attacks on the network, and is scheduled to be shut down once the network is stable enough.
A cryptocurrency that relies on another cryptocurrency (such as Ethereum) in order to operate. A token does not have a blockchain of its own.
Another way of describing an ICO (Initial Coin Offering).
A computer program that automatically buys and sells assets based on the rules that it was programmed with. It can incorporate any number of strategies behind its logic, such as arbitrage, technical analysis or even social media sentiment analysis.
The amount of coins in existence. This number subtracts any coins that have been burned.
A specific way of using a stop loss order. As the price of an asset rises, the stop price rises as well. But if the price falls, the stop loss price doesn’t change. This is a way to limit losses while locking in gains.
A line that can be drawn (either horizontal or diagonal) in which the value of a given asset or indicator can frequently bump into but not cross. If a trend line is crossed, a larger price movement often follows.
Turing completeness is a quality that a programming language possesses if it can be used to emulate a Turing Machine.
A transaction that has not yet been included on a block, so it is still in a pending state.
UTXOs are a fundamental concept behind the way cryptocurrency is transferred on many blockchains, including Bitcoin. The total UTXOs tied to a given wallet address represents the amount of funds available in that wallet. Every transaction consumes elements from this set and creates new ones. When funds are sent to a wallet address, the remaining balance in that wallet is sent back to itself as an UTXO.
An address that you choose yourself, or at least partly. Different blockchains have different capabilities around this.
A co-founder of Ethereum and a prominent voice in the cryptocurrency community.
When trading volume dramatically increases in a short period of time. This often occurs in tandem with large price movements. A volume spike is often considered to add “conviction” to a price movement, and confirms a breakout from a trend line or pattern.
Our Wallet Watch service offers free wallet monitoring for the Bitcoin and Ethereum blockchains.
In a candlestick chart, a wick is the line extending from the top or the bottom of a candle. It represents the high or low price relative to the opening or closing price. In short, it shows the price extremes within a candle.
Wrapped Ether (WETH) is an ERC-20 token backed by Ethereum. Since Ethereum existed before the ERC-20 standard, it is not natively compatible as a token, and a smart contract must be used to achieve this. Wrapped Ether allows ETH to be directly exchanged for an ERC-20 token without a trusted third party.
An informal currency code for Bitcoin. You can sometimes use this on your stock ticker app to track the price of BTC.
Yield farming is a process of earning interest and generating a return on capital within the DeFi & Ethereum ecosystem. This refers to a combination of numerous techniques involving incentive schemes, liquidity pools and leverages borrowing. Popular platforms where yield farming takes place include Compound, Aave, 0x, Balancer, Uniswap and Synthetix.