Glossary

The algorithm used by blockchain nodes to determine which chain to follow when multiple valid competing chains exist.

The automatic closure of a leveraged cryptocurrency position when losses reach the margin maintenance threshold.

A change to a blockchain’s protocol that creates two separate versions of the network, either a soft fork or hard fork.

The anxiety that a rising cryptocurrency price will continue without you, leading to impulsive buying decisions without proper research.

The lowest current asking price for any NFT within a collection, used as a baseline metric for collection value.

A hypothetical scenario where Ethereum’s market capitalization surpasses that of Bitcoin.

A feature allowing users to borrow tokens from a DeFi pool and repay them within a single transaction.

An uncollateralized loan in DeFi that is borrowed and repaid within a single blockchain transaction.

A sudden and severe drop in cryptocurrency prices over a very short time period, often caused by automated trading algorithms.

A characteristic of cryptocurrencies with a hard-coded maximum number of coins that will ever exist.