Glossary

A protocol that assigns a unique serial number to each satoshi, allowing data to be inscribed on individual satoshis.

The philosophical belief that Bitcoin is the only cryptocurrency with long-term value and that all other cryptocurrencies are unnecessary.

A formal document proposing changes to the Bitcoin protocol, submitted by community members for review and potential implementation.

Bitcoin’s market capitalization as a percentage of the total cryptocurrency market capitalization.

The first and most widely recognized cryptocurrency, created by Satoshi Nakamoto in 2009, operating on a decentralized peer-to-peer network secured by proof-of-work mining.

A token standard on BNB Smart Chain compatible with Ethereum’s ERC-20 standard for creating fungible tokens.

A prolonged period of declining cryptocurrency prices, typically defined as a drop of 20% or more from recent highs.

An investor who holds a large amount of a cryptocurrency that has significantly declined in value, hoping for a recovery.

Slang term referring to the amount of a particular cryptocurrency held by an investor, often implying a burdensome position.