deBridge DeFi Glossary | Understand The Words of Crypto
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13 Articles

B

Bags

The portfolio of digital assets held by a person.

Base Layer

The foundational blockchain layer, like Ethereum or Solana.

Bear Market

A prolonged period of falling crypto prices, often referred to as a negative trend.

BEP-20

A token standard on BNB Smart Chain (BSC).

Bitcoin

A cryptocurrency created by Satoshi Nakamoto.

Block

A batch of transactions permanently recorded on-chain.

Blockchain

A decentralized ledger of transactions and information about a crypto token.

Block Explorer

A tool to track blockchain transactions and addresses.

BNB Chain

A blockchain launched by Binance, known as Binance Smart Chain.

Bounty

A reward to incentivize certain work, behavior, or development.

Bridge

A protocol that moves assets across blockchains, e.g., deBridge.

Bull Market

A prolonged period of rising crypto prices, often referred to as a positive trend.

Burn

A method to permanently remove tokens from circulation.

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