Glossary
139 terms to sharpen your crypto trading knowledge
Block
A block is a batch of verified transactions permanently recorded on the blockchain, linked to the previous block through a cryptographic hash.
Block Explorer
A block explorer is a publicly accessible tool that lets anyone view and verify transactions, wallet balances, and block details on a blockchain network in real time.
Block header
A block header is the metadata section of a blockchain block containing the timestamp, a reference to the previous block's hash, and other key data used to verify the block's integrity.
Block Height
Block height refers to the total number of blocks that have been added to a blockchain since its genesis block, serving as a measure of the chain's length and a reference point for protocol events.
Block Reward
A block reward is the cryptocurrency paid to miners who successfully add a new block to the blockchain, compensating them for their computational work and introducing new coins into circulation.
Blockchain
The blockchain is a decentralized digital ledger that records transactions in linked blocks, making the history permanent and tamper-resistant.
Bounty
A bounty program rewards individuals for completing specific tasks for a blockchain project, such as finding security vulnerabilities, creating content, or testing new features, in exchange for cryptocurrency tokens.
Breakout
A breakout occurs when an asset's price moves above a resistance level or below a support level with increased volume, signaling a potential continuation of the move in the breakout direction.
BTFD
BTFD ("Buy The F***ing Dip") is crypto trading slang for purchasing an asset during a price decline, betting that the drop is temporary and that prices will recover to generate a profit.
Bull Market
A bull market is a sustained period of rising asset prices and high investor confidence, during which cryptocurrencies often experience dramatic gains driven by growing adoption and speculative interest.
Buy Wall
A buy wall is a large concentration of buy orders at a specific price level in the order book, acting as a support level that can prevent prices from falling below that point.
Candlestick Patterns
Candlestick patterns are chart formations that reveal the open, high, low, and close of a time period, used by traders to anticipate future price direction.
Capitulation
Capitulation in crypto trading occurs when investors give up and sell en masse after a major downturn, often signaling a potential market bottom.
Cipher
A cipher is a cryptographic algorithm that encodes data into an unreadable format, forming the mathematical backbone of cryptocurrency security.
Coin
A cryptocurrency coin is a digital currency that operates on its own independent blockchain, secured by cryptography and decentralized consensus.
Cold Storage
Cold storage keeps cryptocurrency offline and disconnected from the internet, significantly reducing the risk of theft or hacking.
Cold Wallet
A cold wallet stores your cryptocurrency's private keys on a physical device kept offline, protecting them from hackers and remote attacks.
Collateral
Collateral is an asset pledged to secure a loan or leveraged trading position, protecting lenders if the trade moves against the borrower.
Colocation
Colocation means placing your trading servers physically close to an exchange's servers to minimize latency and gain faster order execution.
Confirmation Time
Confirmation time is how long it takes for a cryptocurrency transaction to be verified and permanently recorded on the blockchain.
Crypto Trade Bots
Crypto trading bots are automated programs that execute trades based on predefined rules, allowing traders to act on market opportunities around the clock.
Cryptocurrency
Cryptocurrency is a decentralized digital currency secured by cryptography and recorded on a blockchain, operating independently of central banks.
Custom Command
Custom commands in HaasScript are reusable functions you can call across any script, helping you build modular and maintainable trading logic.
Daemon
A daemon is a background program that continuously runs a blockchain node, verifying transactions and keeping the network synchronized.
Decentralization
Decentralization distributes control across a network rather than centralizing it, removing intermediaries and creating a more transparent, trustless system.
Decentralized Applications (DApps)
Decentralized applications (dApps) run on blockchain networks via smart contracts, operating without central control or a single point of failure.
Decentralized Finance (DeFi)
DeFi is a blockchain-based financial ecosystem that uses smart contracts to provide lending, trading, and other financial services without traditional intermediaries.
Distributed Ledger Technology (DLT)
Distributed Ledger Technology (DLT) is a decentralized database shared and synchronized across many computers, enabling transparent and tamper-resistant record keeping.
Double Spending
Double spending occurs when the same cryptocurrency is fraudulently used in more than one transaction — a problem blockchain technology was designed to prevent.
Dust Attacks
A dust attack sends tiny amounts of cryptocurrency to many wallets to track and de-anonymize users by following how the dust moves through transactions.