THE LANGUAGE OF CRYPTO

The crypto glossary A–Z

The words from the charts, the wallet pop-ups and the group chat. Get the meaning, see an example and follow the source.

274 entries

Original explanations · Primary references
Ethereum

Smart contract

A program on a blockchain that executes defined rules when it is invoked.

ConceptBeginner
Wallets & Security

Smart contract audit

A scoped security review of smart-contract code and the assumptions around it.

ConceptIntermediate
Wallets & Security

Social recovery

A wallet design in which designated guardians help restore or change account access.

ConceptIntermediate
Blockchain

Soft fork

A rule change that narrows what is valid while remaining compatible with the older rules.

ConceptIntermediate
Ethereum

Solidity

A programming language commonly used to write smart contracts that compile to EVM bytecode.

ConceptIntermediate
Trading

Spot market

A market for trading the underlying asset with settlement according to the venue's delivery rules.

ConceptBeginner
DeFi

Stablecoin

A crypto asset designed to track a reference value, commonly a national currency.

ConceptBeginner
Blockchain

Staking

Committing assets to support a proof-of-stake network under its validation and reward rules.

ConceptBeginner
Bitcoin

Stale block

A valid block left outside the chain selected by the network's fork-choice rules.

ConceptIntermediate
Blockchain

State

The current data a blockchain records as the result of its accepted transaction history.

ConceptIntermediate
Scaling

State channel

A system where participants exchange authorized state updates offchain and use a blockchain to enforce settlement.

ConceptAdvanced
Ethereum

State root

A cryptographic commitment to blockchain state using its defined authenticated data structure.

ConceptAdvanced
Trading

Stop order

An order activated when a specified price or other trigger condition is reached.

ConceptIntermediate
DeFi

Swap

An exchange of one asset for another, often executed through a blockchain trading protocol.

ConceptBeginner
DeFi

Swap fee

A charge applied by a trading protocol when exchanging assets.

ConceptBeginner
Bitcoin

Taproot

A Bitcoin output design supporting key-based spending and optional committed script spending paths.

ConceptIntermediate
Blockchain

Testnet

A separate blockchain network intended for testing software and applications.

ConceptBeginner
DeFi

Tick

A discrete price boundary used to organize ranges in certain concentrated-liquidity AMMs.

ConceptAdvanced
Bitcoin

Timelock

A spending constraint tied to a specified time or block requirement.

ConceptIntermediate
Web3

Timelock governance

A governance mechanism that delays execution of approved actions for a specified period.

ConceptAdvanced
Trading

To the moon

A crypto cheer for a huge price rise, or the hope that one is coming.

ConceptBeginner
Web3

Token

An onchain unit recorded by a protocol or application that can represent value, access or a claim.

ConceptBeginner
Wallets & Security

Token approval

Permission for a specified spender to move tokens under the token contract's rules.

ConceptIntermediate
Web3

Token burn

A process that removes token units from usable supply under a defined mechanism.

ConceptIntermediate

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i

Concept entries explain ideas. Our separate asset registry identifies coins, tokens and networks by source metadata. Sources & standards

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