Crypto Asset Terms

"ALPK" Decentralized Digital Asset System

TermMean in Englishexplanation
AccumulationaccumulationIt refers to the cryptoasset price moving in a narrow price range for a period of time without bullish or bearish fluctuations.
AddressAddressIt refers to a set of secure identifiers, consisting of alphanumeric characters, which are openly used to exchange cryptoassets between parties.
algorithmalgorithmIt refers to the set of rules or practices to be followed in problem solving or calculation.
arbitrageArbitrageIt refers to the process of buying from the platform where the price is low and selling on the platform where the price is high, by taking advantage of the price differences between the platforms.
AltcoinsAlternative cryptocurrencyChronologically, it refers to all cryptoasset units that emerged after Bitcoin and took advantage of Bitcoin technologies.
airdropFree DistributionIt means that the cryptoasset project teams distribute cryptoassets free of charge or to users who fulfill certain predetermined conditions (request form filling, social media sharing, liking, etc.). The use of these cryptoassets sent to users’ wallets may be restricted or subject to certain conditions (starting the launch of the blockchain, listing on the cryptoasset trading platform, etc.).
ATHHighest PriceATH, an abbreviation of the English words “All Time High”, refers to the highest value reached by the cryptoasset price against a nominal asset unit (Dollar, Turkish Lira, Euro etc.).
Atomic SwapAtomic Swap / Cross-Chain SwapIt is a technology that allows cryptoassets in different blockchains to be exchanged without any intermediary. Transactions are executed with the consent of the recipient and sender via multi-signature wallets and smart contracts.
BondBag / BasketRefers to the cryptoasset portfolio.
Bag HolderBag Shop / Basket ShopRefers to users who keep one or more cryptoassets in their portfolio for a long time. These users do not prefer to sell even though the prices of cryptoassets are falling.
BitBitIt refers to one of the 1 million parts (0.000001 BTC) of Bitcoin. (See μBTC)
bitcoinbitcoinIt is a digital payment method that provides uninterrupted value transfer between users without being dependent on any central authority, which was put forward experimentally by an anonymous person or group under the pseudonym Satoshi Nakamoto in 2008. It has emerged as an alternative to national asset units, but has not yet been accepted as an official payment instrument under Turkish law. Its symbol is ฿ and its abbreviation is BTC.
Bitcoin ATMBitcoin ATMThey are asset withdrawal machines that allow transferring Bitcoin and withdrawing cash assets. You can withdraw cash from the ATM by transferring Bitcoin to Bitcoin ATMs. It is also possible to receive Bitcoin by depositing cash assets on supporting devices.
blockBlockIt refers to the encrypted data set in which the transaction and confirmation records of the transactions made within a certain period of time are kept.
Block ExplorerBlock ExplorerIt refers to the website accessible to everyone, which ensures that the transactions realized on the blockchain are followed by all participants. Bitcoin’s block explorer address (separated below)
Block HeightBlock HeightIt refers to the number of blocks that have appeared in a blockchain. For example, the starting block has a height of zero.
Block RewardBlock RewardIt is an incentive award given to miners/miners who verify the accuracy of encrypted transaction records in a block with mathematical operations.
BlockchainblockchainIt refers to the ever-growing decentralized database in which data is stored in an unalterable way on blocks. It has emerged by combining the terms “block”, which is the encrypted data set containing the data, and “chain”, which refers to the combination of these blocks through the signatures encrypted to the blocks immediately preceding them.
Blockchain PlatformBlockchain PlatformA multi-purpose blockchain that mediates the generation and distribution of crypto assets or the exchange of digital assets between users. Ethereum, Waves, Neo etc.)
Bollinger BandsBollinger BandsIt is the name of the indicator based on simple moving averages, developed by John Bollinger. Bollinger bands give an idea about whether the prices are relatively high or low. According to the evaluation of this indicator, the price is; If it is close to the upper band, it is relatively high, if it is close to the lower band, it is relatively low.
BTCBTCIt refers to the abbreviation of Bitcoin.
Bug BountyBounty HuntingIt is used to describe the process that rewards those who report vulnerabilities and system errors in cryptoasset platforms or code or applications of cryptoasset projects.
Burned CoinUnusable cryptocurrencyIt represents the amount of cryptoassets produced but rendered unusable by developers or users for any reason. Once the cryptocurrency has been burned, it cannot be transferred or spent again.
cashcash assetIt refers to a paper or metal asset, which is the physical printed version of the asset in circulation.
Central Ledgercentral registryIt refers to the ledger that records financial transactions and is managed by a central government (such as a bank).
centralizedCentralIt refers to the structure that is managed from a center and where a small number of nodes can control the entire network.
Chain SplitChain divisionIt refers to the splitting of a blockchain into more than one branch due to a technical change or a necessity.
changeover-assetIn Bitcoin transfers, if the amount sent is less than the amount in the address, the sent amount and the remainder of the transaction fee are sent to another address in the wallet (change address). This is because in Bitcoin transfers, ownership is transferred when transferring value. Ownership of the transferred amount is transferred to the new owner, while the remaining amount is transferred to a new address for determination of ownership.
Change AddressAddress to send the assetIn Bitcoin transfers, if the amount sent is less than the amount in the address, the sent amount and the remainder of the transaction fee are sent to another address in the wallet. This address is defined as the on-entity address and the control of the address (the private key) is in the same user.
cipherPasswordIt refers to the coded algorithm that encodes and decodes data in private or secret ways.
Circulating SupplyQuantity in circulationIt refers to the total value of cryptoassets circulating on a cryptoasset platform or market and exchanged between user wallets.
clientclientIt refers to a software program running on a desktop, laptop or mobile device that enables transactions on the blockchain.
Co-Signerco-signerIt refers to a person or organization that has partial access and transaction authorization to a cryptocurrency wallet.
coincoinsIt refers to a unit-like digital value representation that has its own blockchain platform and can operate independently of a project and can be used as a payment method.
Coin BurnCryptoasset BurningIt refers to the rendering of a certain part of the cryptoassets by the project team or the owner of the cryptoassets. Burned cryptoassets cause a decrease in the total number in circulation.
Cold Storagecold storageIt refers to offline environments that are not connected to the internet where cryptoassets are permanently hosted.
ConfirmationConfirmationIt refers to the process of successfully encrypting a transaction and adding it to the blockchain. Depending on the mining system in cryptoasset exchanges, the number of confirmations required for transfer transactions to be considered valid differs. For example, Bitcoin transfers are verified with 2 confirmations, while Ethereum transfers are considered verified when they receive 20 confirmations.)
consensusfull agreementIt refers to the consensus of the participants on the blockchain that the transactions are valid and that the ledgers are copies of each other.
Consortium Blockchainconsensus blockchainIt refers to the blockchain structure that is based on an organizational consensus, is “semi-private” and has a controlled user group but can operate in different organizations. It refers to a combination of public blockchain structures and public blockchain structures.
CryptoCryptoIt refers to the set of mathematical methods that work to provide information security elements such as confidentiality, authentication and integrity. It is used to verify and secure Bitcoin transactions.
cryptoassetscryptoassetIt refers to the cryptographic representation of a value or a contractual right in a secure digital environment, which emerges as an application of distributed ledger technology and can be subject to electronic transfer, storage and clearing activities.
CryptocurrencycryptoassetIt refers to the representation of a value in a digital environment secured by a cryptographic mechanism that emerges as a peer-to-peer alternative to payment instruments accepted by central authorities and can be used as a medium of exchange.
Cryptographic Hash FunctionCryptographic hash functionEncrypting the data to be written to the blockchain with cryptographic encryption algorithms means reducing the data to a certain number of characters. Each data encrypted with the SHA256 algorithm is reduced to 64 characters)
CryptographyCryptographyIt refers to the encryption method used to prevent the information contained in a data from being accessed by unwanted parties.
CryptojackingCrypto mining attackIt means that cyber attackers do cryptoasset mining using the processor or graphics cards of computers or mobile devices without the knowledge of the user, with the malicious software they install on the devices.
customialDepositoryIt refers to the authorization of a third party such as a service provider, cryptocurrency exchanges or a platform to store the private keys of cryptoasset wallets and ensure their security. These third parties store private keys on behalf of the user and define the user name and password for access.
cypherpunkCipherpunkRefers to a person, especially from government officials, who uses encryption when accessing a computer network to ensure privacy.
Dag Directed Acyclic Graph)directed acyclic graphIt refers to a curve that starts from one end without touching each other, without returning to the same point, without repeating.
Date Of LaunchRelease (launch) DateIt refers to the first release date of the token/coins to be offered to the public within the scope of the cryptoasset offering.
Dead Cat BounceDead Cat LeapIt refers to the short-term rise of the cryptoasset price after a bearish move that cannot be ignored.
DDoS AttackDDoS (Attack)Distributed Denial-of-service Attack (Eng. Distributed Denial-of-service Attack) A Distributed Denial-of-Service Attack, by sending simultaneous access requests to websites or services over more than one IP address, with a large number of devices, causes the website or service to run out of system resources and the user It is a type of cyber attack that causes it to be unable to respond to requests.
decentralizeddecentralizedIt refers to a distributed and independent structure where control does not take place from a single center.
Decentralized Applications (dApps)Decentralized applicationsApplication running on a decentralized network. The application runs on all networked servers rather than being hosted on a single server.
Decentralized Autonomous Organizations (DAO)Decentralized autonomous organizationIt refers to the organization in which the rules encoded in smart contracts are implemented.
Decentralized Exchange (DeX)Decentralized stock marketIt refers to the platform that enables peer-to-peer trading of cryptoassets and other digital assets without the need for a central control.
DecryptiondecipherIt refers to the process of converting data made unreadable by encryption to its unencrypted form.
Deterministic WalletDecisive WalletCryptoasset wallet where private keys are generated using a 12-24 word keyword group called seeds. As long as you have the keyword group, you can access your private keys and move your crypto assets to the wallets of other providers.
Difficulty | Mining DifficultyDifficulty LevelIn cryptoasset production, it refers to the time it will take to produce a block and the degree of difficulty of the mathematical problem that needs to be solved for verification. The degree of difficulty is existent with the processor power in the system, as the power increases, the difficulty increases, as it decreases, the difficulty decreases. The difficulty level curve is revealed in the software phase of the cryptoasset.
Difficulty BombDifficulty BurstIt means that the degree of difficulty affecting the cryptoasset production process increases too much in a short time. During periods of sudden difficulty, the production of cryptoassets may be delayed for a while and miners’ incomes decrease significantly.
Digital CommodityDigital CommodityIt refers to commodities that represent a value in the digital environment and can be subject to purchase and sale transactions. For example, Bitcoin is a digital commodity.
Digital Currencydigital asset unitIt refers to the unit of assets available in the digital environment. Although it is similar to physical asset units, it enables instant transactions in the digital environment. Products and services that can be traded with physical asset units can be subject to the same transactions with digital assets, but unlike physical asset units, they are especially preferred in social networks, online platforms and games.
Digital identitydigital identityIt refers to the digital code that stores identity information such as name-surname, place of birth, date of birth on a blockchain-based basis and validates this identity data in order to identify the owner in the digital environment.
Digital Signaturedigital signatureIt refers to a set of unique codes that verify and represent the address owner in transactions performed in the digital environment.
DistributeddistributedIt refers to the data transport structure that allows the data to be located without being tied to a certain order and centrality.
Distributed ConsensusDistributed ConsensusIt means that all participants in a network reach consensus on the validity of transactions without the need for a central authority.
Distributed LedgerDistributed LedgerIt refers to wallets where data is stored sporadically and dispersed across nodes, without being tied to a single center. These wallets can be open to everyone, or they can be private or with permission.
Distributed Ledger Technology (DLT)Distributed Ledger TechnologyIt refers to the technology in which activities such as executing, validating or authorizing transactions are held in nodes with the approval of all participants in an independent network without the need for a central authority.
Double SpendingDouble SpendingIt means that cryptoasset spending processing is performed more than once with the same ownership information and the same digital signature. It is one of the risks that cryptoasset activities cannot be verified by a central system.
dumpSudden Price DropIt refers to the rapid decline of the cryptoasset price in a short period of time, contrary to routine market movements.
Dust Transactionsunnecessary transferIt refers to transactions with very low financial costs, although they take place in the blockchain. Since the inclusion of such transactions in the chain increases the data size, Bitcoin developers are working to remove transactions in this direction.
Emission (of Coins)Cryptoasset emissionIt refers to the rate at which any cryptocurrency is produced.
ERC-20 | ERC-721ERC-20 | ERC-721ERC-20 is an Ethereum token standard for integrating tokens (to be used as cryptoassets) in smart contracts. ERC-721 is another coin standard released in 2017 to create irreversible, indivisible and unique tokens. We can define ERC20 tokens as cryptoasset tokens and ERC721 tokens as value tokens. ERC721 tokens cannot be traded but can be loaned or transferred.
EscrowEscrow (Guardian)The term used instead of Escrow Agent or Escrow Service is the intermediary service used by parties who do not know each other or who have not established a trust relationship between them. In trades where an escrow is used, the buyer sends the payment for the product or service subject to the exchange to the escrow. The seller sends the promised product to the buyer or the Escrow or performs the service. After the buyer confirms receipt of the service or product, the Escrow forwards the payment to the seller. In this transaction, one or both parties pay the Escrow.
etherEthereumIt refers to the blockchain platform that is developed as an open source blockchain project and operates on the Ethereum Virtual Machine, which is accessible to everyone.
Fiat Pegged Currency | Fiat-Backed Currencyfiat-backed cryptoassetIt refers to cryptoassets that are evaluated according to the national asset unit to which they are fixed. The purpose of its emergence is to eliminate value instability. For example, Tether is indexed to the US dollar at a ratio of 1:1. Therefore, 1 Tether is always worth an amount equal to 1 US Dollar.
ForkBifurcationThe splitting of a blockchain into more than one branch due to a technical change or necessity. If the technical change is backward compatible, it is called soft bifurcation, and if it is incompatible, it is called hard bifurcation.
FUDUneasinessIt is an abbreviation of the English words “Fear uncertainty and doubt”. It refers to the state of uneasiness that arises with the fear, uncertainty and doubt that the crypto-asset price will decrease.
Full Nodefull knotIt refers to the node that does not need another node while validating and has a copy of the entire blockchain.
gasgas calculation unitIt refers to the calculation of transaction fees that occur on the network to perform transactions on the Ethereum blockchain.
Genesis BlockStarting BlockIt is the name given to the first block of the blockchain (block zero). In this block, the cryptoasset’s production conditions, production amount, manufacturer’s special message, etc. information is included.
Gold-Backed CurrencyCryptocurrency indexed to goldIt refers to the crypto-asset unit that represents the value of gold.
halvingPrize halvingIt refers to the halving of the rewards available to miners from the moment Bitcoin is first mined, following the first 210,000 blocks being mined.
Hard CapUpper limitIt refers to the maximum investment amount that a cryptoasset supply process is targeted to reach. Once this upper limit is reached, no more crypto-asset funding activities will be carried out.
Hard Forkhard bifurcationIt also refers to changes in the validation rules in ways that would require all nodes in the blockchain to adopt, otherwise leave the network. It refers to a technical change that invalidates a previously verified transaction or validates an unconfirmed transaction.
Hashcryptographic summaryIt refers to applying an algorithmic operation to convert data into a random sequence of numbers and letters. Thus, the data desired to be entered into the blockchain becomes a digital fingerprint that allows it to take place in the chain.
Hash Power/Hash RateProcessing powerIt refers to the total processing power consumed by all miners for block verification.
Hidden Caphidden limitIt refers to the limit that the developers of the project, which is the subject of the coin supply, aim to collect from the investors. Its purpose is to level the playing field by allowing smaller investors to put in assets without preventing larger investors from correctly understanding the total cap and, as a result, adjusting their investments.
Hierarchical Deterministic WalletHierarchical determinant walletHD Wallet)) Wallet in which private keys of multiple cryptoassets are generated using a 12-24 word keyword group called seeds. As long as you have the keyword group, you can access your private keys and move your crypto assets to the wallets of other providers.
Hosted Walletownership walletIt refers to the wallet that is managed by the third party and where cryptoasset trading and custody activities are carried out on behalf of the user.
Hot Storagehot storageIt refers to the online storage of private keys that provide quick access to cryptoassets.
Initial Coin Offering (ICO)Lead coin supplyIt refers to the fund raising activities carried out in the creation of a distributed network structure and/or through a crypto asset or token issued in exchange for a price/asset unit specific to a certain project.
Initial Token Offering (ITO)Leading token supplyRefers to the supply of coins performed on Ethereum. Although it is almost the same as the pioneer coin supply (ICO) in function, it is also named in order to draw attention to the diversity of transactions performed on Ethereum.
InputEntryIt refers to the reference value that shows how the crypto asset you will transfer arrives at your address. For example, when you want to send 0.5 BTC from your wallet, the address(es) that 0.5 Bitcoin came from is added to the transfer transaction dump as an input.
ledgerRecord bookIt refers to the registry where financial transactions are recorded, added records cannot be deleted, only new records can be added.
Lightning Networklightning networkIt is a second layer payment protocol that runs on the blockchain. It refers to the network structure that allows all of the payment transactions directed to the same address to be sent in a single transaction in order to increase the speed and reduce the cost. Thus, it is predicted that Bitcoin will solve the scalability problem.
liquidityLiquidityIn cryptocurrency trading, liquidity refers to the realization of the cryptocurrency buying or selling transaction without changing the targeted price or changing it at very low rates.
mainnetMain NetworkIt refers to the main network that is open to everyone and working on the blockchain, where participants can perform transactions.
Market OrderMarket OrderIt is the type of order in which cryptoasset trading is carried out with the current market price.
Market OrderMarket OrderIt is the type of order in which cryptoasset trading is carried out with the current market price.
Masternodemain nodeIt refers to full nodes that are specifically authorized or selected by voting to perform tasks such as confirming transactions and ensuring transaction confidentiality in the blockchain network.
Max SupplyMaximum supplyIt refers to the total number of cryptoassets produced or to be produced. Cryptoassets with limited production are considered more valuable, but some cryptoassets can be produced indefinitely.
mBTCMBTCmBTC / MiliBTC refers to one of 1000 parts of Bitcoin. (1 mBTC = 0.001 BTC)
Merkle TreeMerkle TreeIt is the tree structure in which the cryptographic hash of transactions in the blockchain block are matched with each other until a single cryptographic hash is obtained. Each transaction in the transaction list is combined with the next transaction and hashed. This process continues until there is only one transaction left in the list.
Merkle RootMerkle RootIt refers to the last and unique cryptographic hash, which is the result of obtaining the cryptographic hash of the transactions in the blockchain block by matching each other and containing the cryptographic hash of all transactions.
Microbitcoin (μBtc)MicroBitcoinIt refers to one of the 1 Million pieces of Bitcoin. (1 μBTC = 0.000001 BTC) (See Bit)
microtransactionmicroprocessingIt refers to small amounts of transactions that can be made in exchange for a product or service in the digital environment.
mineableMining possible cryptocurrencyIt refers to cryptoassets obtained by mining activity. Such cryptoassets are given as an incentive to miners who successfully solve complex algorithmic structures, in return for which transactions are validated and thus the newly created block is added to the chain.
minerMinerDevices that verify crypto-asset transfer transactions, receive crypto-assets as a reward for the verification process, produce crypto-assets, and people who manage these devices) are called miners.
miningMining activityIt refers to the creation of new cryptoasset units, the validation of blocks and the addition of cryptoassets to the chain.
Mining Poolmining poolIt refers to the structure where the miners direct the processing power they use for verification processes to create the next block of the chain and economies of scale are provided. According to the system in the mining pool, the miners split the rewards according to the agreements.
Mining RewardMining rewardMining reward refers to the sum of newly generated cryptoassets and fees paid for transfers registered in the block as a result of verification of transfer transactions.
Mining Rigmining hardwareIt refers to the type of computer and computer hardware used for mining. This hardware may be put together for the purpose of mining only, or it may be run for mining from time to time.
Mixing Service | tumblermixing processIt refers to confusing the addresses of the transferred cryptoassets with other transactions, making it difficult to track who owns the cryptoasset units and what transactions are made.
Mnemonic phrasemnemonic phraseIt refers to a sequential group of words that allows the funds in the wallet to be transferred to another wallet when necessary in order to keep cryptoasset wallets and the assets in them safe.
Multi-SignatureMulti-SignatureIn order to provide an additional layer of security, it refers to transactions that require the use of more than one key to authorize a transaction in cryptoasset transfers.
networkNetworkIt refers to the data transfer network to which the blockchain is connected.
No-Coineranti cryptoassetIt is used to describe people who do not have a cryptocurrency in their portfolio and generally believe that the cryptocurrency will fail.
NodeLoopIt refers to the copy of the ledger operated by the participant in a blockchain. In cryptoasset blockchain networks, nodes do not have transaction approval authority, while in some networks, nodes can confirm transactions due to low processing power consumption.
Non-Custodialwithout guardianshipIt means that the private keys of cryptoasset wallets and all the privileges granted to them are only in the user.
Off-chain TransactionOff-chain transferIt refers to transfer transactions that are not written to the blockchain network and are carried out on the asset blockchain network (Liquid, Ligthing, etc.).
Offline StorageOffline StorageIt refers to the cryptoasset storage activities that take place offline in a physical secure storage environment such as a USB drive, data storage medium.
Orphan BlockObsolete / Rejected BlockOrphan/Stale Block is used to identify blocks that have been verified but not accepted into the blockchain. When another block containing the same data is previously confirmed, the next block is rejected and is not included in the blockchain.
OutputOutputThe address(es) to which the transferred amount of cryptoassets will be sent is added as an output to the cryptoasset transfer. Output is also referenced as input. (See Input / Input)
Paper Walletpaper walletIt refers to the physical document containing the QR code that allows the private address/open address of the cryptoassets to be read without the need for any digital medium.
Peer To Peer (P2P)peer to peerIt refers to the distributed network structure that occurs with direct data sharing between nodes on the blockchain network without the need for a central server.
Permissioned LedgerPermissioned registryIt refers to the blockchain ledger that grants access and registration authorization to participants who meet certain conditions.
Pre-Minepre-excavatedIt refers to the amount produced by the software team long before cryptocurrency transactions begin in the market and distributed to an address/wallet by the blockchain developers before the source code is distributed to other miners. It will appear especially if resources are needed for certain features in the initial cryptoasset offering or development phases.
Private Blockchainclosed blockchainIt refers to the blockchain, which is open to access only by authorized participants and which is reconciled based on permission.
Private Keyprivate keyIt refers to the secret and private keys that are needed to use the cryptoassets in the wallet and that guarantee the ownership of the cryptoasset addresses. Each generated public address also has a private key, and the transactions are encrypted and sent to the network using private keys.
Proof Of Stake (PoS)Proof of stakeIt refers to the mechanism that allows the possibility of adding a new chain to the blockchain, where new transactions are verified according to the amount of cryptoassets owned by the participants on the blockchain, and thus earning new tokens.
Proof of Work (PoW)proof of workIt refers to the type of cryptoasset mining in which a share of the total cryptoassets produced in the amount of cryptoassets in the wallet is earned from the transaction verifications.
ProtocolProtocolIt refers to the rules that define interactions in a network, often including the terms of consensus, transaction verification, and participation in the network.
Public AddressOpen addressUnlike private keys, they refer to addresses that can be shared anywhere.
Public Blockchainopen blockchainIt refers to a blockchain open to everyone’s access and participation, where all participants have equal rights.
Public KeyPublic KeyIt refers to the address shared with all participants and the unique cryptographic code set that creates this address, produced by wallets to perform the buying, selling and storage of cryptoassets.
pumpSudden Price IncreaseIt refers to the rapid rise of the cryptoasset price in a short period of time, contrary to routine market movements.
QR Code (Quick Response Code)data matrixIt refers to a two-dimensional graphic block consisting of a monochrome pattern that represents the data string that allows the software it contains to be processed and read through the camera.
Replicated Ledgerregistry copyIt refers to the current copy of the registries in a network.
ROI – Return of InvestmentYGD – Return on InvestmentIt refers to the time period during which all of the costs (main asset) for mining cryptoassets, including hardware purchase, infrastructure, electricity, cooling costs, and operating expenses, are recovered by the revenue from cryptoasset mining.
Satoshi NakamotoSatoshi NakamotoUnidentified person or persons who published the Bitcoin whitepaper and created the first blockchain. The existence of the document and the first blockchain under the pseudonym Satoshi Nakamoto has led to the identification of Bitcoin as an owner and decentralized cryptoasset.
Satoshi (Sats)satoshiIt refers to the smallest unit of Bitcoin that can be divided into 100 million parts. eg. The currency we use for Turkish Lira is Satoshi for Bitcoin.
Second Layer SolutionsLayer two blockchain solutionsIt refers to blockchains that operate as assets into the main chain to solve the scalability and efficiency problems of the blockchain, especially for micropayments.
seedsKeywordIt refers to the private key of 12-24 words chosen randomly among 2048 words that cryptoasset wallets use when generating their cryptoasset addresses and the starting point of the wallet.
Segregated Witness (Segwit)Separated WitnessIt refers to the technical change made in the Bitcoin blockchain on August 1, 2017 in order to reduce the costs of transaction fees due to the increase in Bitcoin users and to perform verification in a shorter time. With this change, transaction signatures that are used in verification and take up a lot of space are excluded from the transaction breakdown.
SHA-256256 Bit Secure Cryptographic Hash AlgorithmIt refers to the cryptographic data encryption method based on the “Secure Cryptographic Digest Algorithm” developed by the US National Security Agency (NSA).
Side Chainside chainIt refers to the blockchain that works with the main chain as an entity, and includes the protocol that allows transfers between the main chain and the side chain (I think its users are missing). It is part of the second-tier blockchain solutions.)
Smart ContractSmart ContractIt refers to the decentralized platform that enables transactions on the data on the blockchain network in a predetermined flow and verified by a secure computer network. Smart contracts, which are not legally binding, are uploaded to the blockchain network by signing cryptographically by agreeing on the content of the chain.
Soft Forksoft bifurcationIt refers to non-essential technical change that requires miners to upgrade their software and invalidates previously valid transactions on the chain.
softcapLower LimitIt refers to the lowest investment limit that can be received from an investor during the coin supply process. Unless the determined lower limit is met, the leading coin coin supply cannot be realized.
stablecoinstable cryptocurrencyCryptoassets that are held in return for 1:1 nominal asset reserve by their manufacturer and used instead of USD, EUR, GBP, JPY, etc. asset units in cryptoasset trading platforms. eg. USDT Tether), Pax Paxos Standard), TUSD True USD) etc.) However, due to transaction commissions on trading platforms, the prices of these cryptoassets can be over or under 1 unit.
StakingStakeholdershipIt refers to purchasing cryptoassets and keeping them in the wallet for a period of time and keeping the wallet open to verify transactions.
Stale Blockvoid blockIndicates that a block structure that has already been successfully resolved is considered invalid and cannot be reused.
Symbol/TickerShort code3-4 character shortcodes of cryptoassets (Bitcoin BTC, Ethereum ETH, Litecoin LTC etc.)
TaintTrace analysisIt is the name given to the examination of the proximity of two different cryptoasset addresses by examining the transfer movements. It is a method often used to investigate stolen accounts.
TangleTangleIt refers to an alternative technology developed by the crypto-asset called IOTA, which, unlike blockchain technology, enables the transfer of assets without any transaction fees and where verifications are carried out by users.
testnettest netIt refers to the alternative and intangible blockchain used by the developers during the testing phase.
Timelock/Locktimetime lockIt refers to a type of primitive smart contract model that requires a certain amount of time or the blockchain to reach a certain height for a certain transaction to occur.
timestamptimestampIt refers to the time information that expresses the time when a certain operation takes place and is usually specified in year-month-day-hour-minute-second format.
TokenTokenIt has emerged as another application example of distributed ledger technology other than cryptoassets. It refers to digital crypto assets that represent a certain value or utility within a project ecosystem on an existing blockchain. Projects produced on Ethereum’s smart contracts can be given as an example.
Token Generation EventToken Generating EventRefers to the creation date of Ethereum tokens.
TokenizeTokenizationIt means that the equivalent of any product or service as a digital asset in the digital world is subject to purchase and sale transactions.
TorOnion routerIt refers to the abbreviation of The Onion Router project, which allows anonymous communication by hiding the user’s location and data information.
Total SupplyTotal quantityIt refers to the total number of cryptoassets traded in the market.
TransactionProcessIt refers to any transaction performed with cryptoassets on a blockchain.
Transaction FeeProcessing feeIt refers to the fee paid to the miner, which ensures that transactions are carried out reliably and accurately in cryptoasset transfers.
Transaction IDOperation codeIt refers to the unique set of codes created when cryptoasset transfers occur, allowing transactions to be tracked on blockchain crawlers.
trustlessTrustworthyIt means that there is no need for any third party to prove the accuracy of the transactions carried out on the blockchain. Blockchain is based on a system that has gained the trust of each user/participant.
UnconfirmedUnapprovedIt refers to a transaction that has not been confirmed by the miner and has not been added to the blockchain.
Unpermissioned Ledgerunregistered registryIt refers to the blockchain structure that is open to everyone’s access and transaction without seeking any conditions.
Unspent Transaction Output (UTXO)Unspent transaction outputIn the transaction breakdown in the blockchain, it means that the transferred cryptoasset does not leave the address to which it was transferred and is expendable.
validatorConfirmatoryIt refers to the device or the person who manages the device, who is responsible for verifying the security of the chain, as well as the transactions taking place on the blockchain are ‘lawful’ and not subject to double spending or malicious transactions.
Virtual Currencyvirtual assetThe U.S. Tax Administration (IRS) defines a virtual asset as “a digital representation of value that functions as a medium of exchange, a unit of account and/or a store of value and does not have legal tender status in any jurisdiction.”
volatileFluctuating/Flashing PriceIt refers to the irregularly rising and falling cryptocurrency price movements.
VolatilityHigh Price MobilityIt refers to the irregularly rising and falling cryptocurrency price movements.
WalletPurseIt refers to the creation of a wallet that stores private keys, used to store cryptoassets. There are various types such as desktop, software, hardware, paper.
whitepaperTechnical documentIt refers to the document that reveals the technical details of the project and the mission and vision they have acquired as a team, together with roadmaps, of a project team in the supply of cryptoassets.
Zero Confirmation TransactionUnconfirmed transactionIt means that the transaction has not yet been approved by the miner after the transfer has taken place.
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