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What is the Cryptocurrency vocabulary glossary?

The world of Crypto has its own specialized vocabulary. Here's a few commonly used terms to get you started.

Altcoin - Any of the thousands of cryptocurrencies developed after Bitcoin.
Example: I have a portfolio full of altcoins, but I don 't own any Bitcoin.

Bitcoin - Created to be a new kind of virtual currency that could be sent directly from one person to another, across all borders and without the help of intermediaries like banks.

Crypto - Common abbreviation for cryptocurrency.
Example: The first crypto I bought was Bitcoin but now I own other cryptos like Ethereum.

Decentralized - A system that runs simultaneously on multiple computers in multiple locations, rather than one central computer.
Example: The decentralized technology behind Bitcoin, called blockchain, runs simultaneously on thousands of computers around the world.

Ethereum - Like other cryptos, Ethereum can be described in terms of its blockchain and its virtual currency, which is called "ether." Ether is valued for its purpose in the Ethereum Blockchain, where it is used to pay for the execution of apps. Think of Ethereum as an engine and ether as its fuel.

Fiat Money - is legal tender issued by a government that does not have intrinsic value, such as the US dollar or the Euro.

Fork - Changes to an existing crypto that can result in the creation of a new Crypto.
Example: Bitcoin Cash forked off of Bitcoin and became its own cryptocurrency.

Halving - A built-in defense against inflation that occurs periodically to slow down the production of a cryptocurrency.
Example: Bitcoin and Litecoin have experienced a halving event just about every four years.

Hodl - Intentional misspelling of the word "hold," the practices of keeping; refers to keeping crypto for a long time, regardless of market changes.
Example: My sister believes in Bitcoin so much that she 'd hodl it even if it wasn't worth anything.

Litecoin - One of the earliest "altcoins", it was designed to be cheaper to use and have faster transaction confirmation.

Mining - Process for producing units of a cryptocurrency. Like mining for gold, but instead of pickaxes, crypto miners use powerful computers to solve difficult math problems.
Example: I 've been mining Ethereum for a year and only have 2 ether. I think I need a better computer.

Stablecoin - Stablecoins are cryptocurrencies whose value is pegged to the price of another asset, such as currency or a commodity.

Volatility - How quickly and how much the value of crypto changes. Volatility can indicate risk.
Example: Bitcoin was really volatile yesterday. The price went down at breakfast and went back up by lunch.

Whale - Someone who owns a very large amount of crypto and can potentially affect the market through their decisions to buy, hold, and sell.
Example: Wonder how things will be after that whale in Switzerland bought a bunch of Bitcoin Cash.

When Lambo - Popular phrase referring to a sustained period of time when crypto increases in value.

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