Minting Minting is the process of creating new tokens or NFTs on a blockchain. It permanently adds them to the supply.
Multi-chain Multi-chain projects or assets operate across several blockchains. This increases access and user reach.
Multisig A multisig wallet requires multiple approvals to execute actions or transactions. It improves security for shared funds.
Native Token The native token is the primary asset of a blockchain. For example, ETH is the native token of Ethereum blockchain and SOL is the native token of Solana blockchain.
NGMI NGMI is an acronym for “Not Gonna Make It.” A popular crypto slang used humorously for making poor decisions in crypto.
Non-Fungible Token (NFT) NFTs represent unique digital items like art, collectibles, or in-game assets. Each NFT has distinct ownership and metadata.
Node A node is a computer that participates in running a blockchain. It validates transactions and keeps the network secure.
Non-custodial Non-custodial wallets give users full control of their private keys. You own your funds without third-party involvement.
Offchain Offchain activity happens outside the blockchain to reduce load and improve speed. This is often used by Layer 2 blockchains.
Onchain Onchain actions are recorded directly on the blockchain. They are transparent and verifiable by anyone with an internet connection.
Oracle An oracle brings external data into smart contracts. It enables real-world use cases like price feeds.
Order Book An order book lists buy and sell orders on an exchange. It shows market depth and liquidity.
Pair A trading pair is two assets that can be swapped with each other. Common pairs include ETH/USDC, SOL/USDT, BNB/USDT etc.
Paper Wallet A paper wallet stores a wallet’s public and private keys on paper. It’s offline but fragile and easy to lose.
Peg A peg fixes the value of one asset to another, i.e., a fixed exchange rate between two assets. Stablecoins often use USD pegs.
PoS (Proof of Stake) PoS is a consensus mechanism that secures a blockchain using staked tokens. Validators earn rewards for honest behavior.
PoW (Proof of Work) A consensus mechanism using computational work to validate blocks. Bitcoin is the largest PoW chain.
Private Key A private key is the secret code that controls access to your crypto. Anyone with your private key can move your funds.
Protocol A protocol is a ruleset that defines how a blockchain works. It governs transactions, nodes, and consensus.
Public Key A public key is a cryptographic address used to receive funds on the blockchain. It works together with your private key.
Pump-and-dump A pump-and-dump artificially inflates a token’s price before dumping it. It’s a common market manipulation tactic.
Real World Assets (RWAs) RWAs are physical or traditional assets tokenized for use on blockchain. Examples include real estate, bonds, and commodities.
Rug Pull A rug pull is when developers abandon a project and drain liquidity. It’s one of the most dangerous crypto scams.