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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms50 shown

ASIC-resistantRefers to a cryptocurrency design property that limits the efficiency advantage of specialized ASIC hardware through protocols and mining algorithms.
BNBBNB is BNB Chain's native cryptocurrency and utility token, used for fees, staking, and interaction with on-chain applications.
BagsAn informal term for coins or tokens held by an individual, usually referring to holding a relatively large amount of a particular crypto asset.
BlockchainA decentralized digital ledger that records cryptocurrency transaction information in chronological order.
Burner walletA cryptocurrency wallet used for small, temporary on-chain interactions, primarily to isolate potential risks from the main wallet and most assets.
CoinA cryptocurrency or digital cash that operates independently of other platforms and can be used to exchange value.
CryptocurrenciesDigital currencies that operate on decentralized networks and can be used for payments or as a store of value, such as Bitcoin and Ether.
CryptographyThe science of encrypting and decrypting information using mathematical theories and computational methods.
DelistingThe process by which a trading platform removes a cryptocurrency or token, withdraws its trading pairs, and ceases to provide trading support.
Diamond handsA term in the cryptocurrency context for strong holders, emphasizing that they continue to hold even when prices fall.
Digital signaturesA cryptographic signature used to confirm that the sender actually controls the funds they intend to spend.
Do Your Own Research (DYOR)Research a token or cryptocurrency yourself rather than relying solely on what others say.
FilecoinUses blockchain to provide decentralized storage, enabling users to rent out unused storage space and earn cryptocurrency rewards.
FlippeningEthereum（ETH) assuming total market capitalization exceeds Bitcoin（BTC), the moment it becomes the cryptocurrency with the largest market capitalization.
GMAn abbreviation of “Good morning” used as a greeting in the cryptocurrency community, conveying an atmosphere of inclusivity and collaboration.
HODL(HODL)Crypto-market slang meaning to continue holding a position and avoid selling.
HoneypotIn the crypto asset sector, a scam that lures users into depositing funds or purchasing tokens while preventing them from selling or withdrawing them.
Initial Coin Offering (ICO)A fundraising method in which new projects raise funds by selling their cryptocurrency to investors.
Initial Exchange Offering (IEO)A fundraising method organized or operated by a cryptocurrency exchange platform.
IssuanceIn the crypto sector, this refers to generating new cryptocurrencies or tokens and, in accordance with the project's rules, putting them into circulation.
Leveraged TokensA cryptocurrency derivative that algorithmically adjusts leverage, allowing traders to gain leveraged long or short exposure to a specific cryptocurrency in a relatively simplified manner.
Mainnet SwapRefers to the process by which a crypto project migrates its assets from one blockchain to another, commonly to the project’s own native mainnet.
Maximum SupplyThe maximum hard-capped quantity of a cryptocurrency that can ultimately exist under its rules.
Mining FarmA facility that centrally houses and operates a large number of cryptocurrency mining machines.
MoonA phrase used in the cryptocurrency community to express that the price may rise substantially and to convey optimistic expectations.
MultisignatureA security mechanism that requires two or more private keys to jointly authorize a single cryptocurrency transaction.
Non-Fungible Token (NFT)A type of crypto token that represents unique digital assets or real-world assets and is not interchangeable with another.
Over the Counter (OTC) tradingA method of buying and selling cryptocurrencies conducted outside the exchange’s public order book, which can avoid large orders directly impacting the available trading volume in the order book.
Paper WalletA physical wallet form that stores the public and private keys of a cryptocurrency address by printing them on paper.
RektAn internet slang term derived from “wrecked,” commonly referring in the crypto sector to traders, assets, or markets suffering severe losses.
RoadmapA planning document outlining the crypto project’s objectives, milestones, and estimated timeline.
RollupsA scaling solution that bundles multiple off-chain transactions and submits compressed data or cryptographic proofs to the main chain.
SHA-256 (Secure Hash Algorithm 256-bit)Bitcoin uses it to generate transaction ID cryptographic hashes, which output 256-bit hash values.
Soft stakingAn arrangement that enables users to earn crypto-asset staking rewards without a fixed lock-up period, while retaining asset liquidity.
StablecoinsA class of interchangeable crypto assets that anchor to the same underlying value across entities; examples in the text include USDT and USDC。
Token SaleRefers to issuing tokens and exchanging them for another cryptocurrency, also known as an Initial Coin Offering.
USDTCryptocurrency assets held by the example wallet mentioned in the text.
WAGMIAn abbreviation of “We’re All Gonna Make It,” used in the cryptocurrency community to convey encouragement and optimism.
WhaleAn individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
ZK-rollupsGenerate cryptographic validity proofs for each batch of transactions, enabling the main chain to verify the results; this is a type of Rollups.
asymmetric cipherUse a pair of mathematically related keys and perform cryptographic algorithms separately for encryption and decryption.
bitcoin dominanceBitcoin The proportion of the total cryptocurrency market capitalization represented by the market capitalization.
block cipherA cryptographic algorithm that encrypts fixed-size groups of bits at a time.
bounty programA crypto project’s bounty program that rewards community contributions; tasks may include promotion, content creation, translation, or vulnerability reporting.
circulating supplyThe number of tokens already held by the public and available for circulation and trading in cryptocurrency markets, excluding locked or reserved portions.
crypto index fundAn index fund that tracks the performance of a basket of cryptocurrencies rather than a single token.
crypto walletA tool used to access blockchain-based digital assets and store the private keys required to authorize transactions. It can be classified as custodial or non-custodial.
cryptographic keyA secret value used to control the encryption or decryption process.
initial coin offering (ICO)A financing method in which a new project sells its cryptocurrency to investors.
initial exchange offering (IEO)A fundraising method conducted by a cryptocurrency exchange organization.

Definition

GM

An abbreviation of “Good morning” used as a greeting in the cryptocurrency community, conveying an atmosphere of inclusivity and collaboration.

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