Crypto Glossary
A clear glossary of the essential terms of the new economy. Missing one? Let us know.
- Bitcoin (BTC)
- The first and largest cryptocurrency, created in 2009. It runs on a decentralised network with no central authority.
- Blockchain
- A distributed, immutable ledger of transactions maintained by a network of computers.
- DeFi
- Decentralised finance: financial services (lending, trading) that run on smart contracts, without intermediaries.
- Web3
- The vision of a decentralised internet built on blockchains, where users control their data and assets.
- Stablecoin
- A cryptocurrency designed to hold a stable value, usually pegged to the dollar or euro.
- Altcoin
- Any cryptocurrency other than Bitcoin.
- Wallet (cartera)
- Software or hardware that stores the keys to access and manage your crypto-assets.
- Exchange
- A platform to buy, sell and trade cryptocurrencies.
- Staking
- Locking up crypto to help secure a network and earn rewards in return.
- Gas
- The fee paid to execute a transaction or operation on a network such as Ethereum.
- NFT
- Non-fungible token: a unique digital asset recorded on a blockchain.
- Halving
- The halving of Bitcoin’s block reward, occurring roughly every four years.
- Capitalización de mercado
- The total value of a cryptocurrency: price multiplied by circulating supply.
- Capa 2 (Layer 2)
- Networks built on top of a base blockchain to process transactions faster and cheaper.
- Volatilidad
- How much and how fast an asset’s price moves. Cryptocurrencies are highly volatile.