Search our executive blockchain insights and services.
Degen A succinct definition of Degen DegenLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDEGENCopy linkShare on TwitterShare on FacebookShare on LinkedinDegen‘Degen’ is a slang term derived from the word ‘degenerate’; it is often used in a lighthearted or self-aware manner. In the cryptocurrency space, it is often used to refer to individuals who engage in high-risk and speculative trading or investment strategies. Degen traders are typically associated with a willingne…
Learn More
Bridge A succinct definition of Bridge BridgeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBRIDGECopy linkShare on TwitterShare on FacebookShare on LinkedinBridgeBridges are points between two different blockchains, allowing users to move between the two. In reality, like currency in traditional finance (TradFi), tokens typically do not move across blockchains. Rather, the amount changes between blockchains.Bridges can be either centralised or decentralised. A centralised bri…
Learn More
Consensus A succinct definition of Consensus ConsensusLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCONSENSUSCopy linkShare on TwitterShare on FacebookShare on LinkedinConsensusIn a decentralised system, the agreement method typically involves some form of consensus, which is achieved by individual parties working together to ensure that every transaction on the network is accurate and confirmed. This is in contrast to a centralised system in which one central organisation act…
Learn More
Collateral A succinct definition of Collateral CollateralLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCOLLATERALCopy linkShare on TwitterShare on FacebookShare on LinkedinCollateralCollateral is something of value that individuals pledge in order to receive a loan, as the lender can use it to reduce the risk of the borrower not paying them back. However, if the value of the collateral considerably decreases compared to the borrowed asset, the borrower may face liquidation, wh…
Learn More
Layer-1 A succinct definition of Layer-1 Layer-1Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYLAYER-1Copy linkShare on TwitterShare on FacebookShare on LinkedinLayer-1A Layer-1 blockchain refers to a base network that has its own infrastructure and can run independently. Bitcoin and Ethereum are two examples of Layer-1 networks. Sharding and consensus changes are the two most common solutions for Layer-1 blockchains. Sharding breaks transactions into smaller sets of data, kno…
Learn More
Block Producer A succinct definition of Block Producer Block ProducerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBLOCK PRODUCERCopy linkShare on TwitterShare on FacebookShare on LinkedinBlock ProducerA block producer is an entity responsible for generating and validating new blocks in a blockchain network. Block producers are critical to a blockchain’s functioning, as they collect transaction data and store it in blocks, validating their legitimacy on the blockchain.In Pro…
Learn More
Gas (ETH) A succinct definition of Gas (ETH) Gas (ETH)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYGAS (ETH)Copy linkShare on TwitterShare on FacebookShare on LinkedinGas (ETH)Gas is the cost to perform transactions on the Ethereum blockchain. Many types of protocols on the Ethereum network require the use of gas in order for transactions to be performed on the blockchain. For example, decentralised apps (dapps), non-fungible tokens (NFTs), and transfers of funds all require …
Learn More
Exit Liquidity A succinct definition of Exit Liquidity Exit LiquidityLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYEXIT LIQUIDITYCopy linkShare on TwitterShare on FacebookShare on LinkedinExit LiquidityExit liquidity is the ease with which a trader can exit their position and cash out their cryptocurrency assets. For example, traders can become someone’s exit liquidity when they trade their money for a digital asset without the ability to resell it due to various reasons (i.…
Learn More
FUD A succinct definition of FUD FUDLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFUDCopy linkShare on TwitterShare on FacebookShare on LinkedinFUDAn acronym that stands for ‘fear, uncertainty, and doubt’, FUD is a commonly used term in the cryptocurrency world. It can be interpreted as a strategy used to negatively impact a project, and generally is used to spread negative sentiment about a project in the form of false or misleading information.A person who FUDs can be re…
Learn More
HODLer A succinct definition of HODLer HODLerLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHODLERCopy linkShare on TwitterShare on FacebookShare on LinkedinHODLerA ‘HODLer’ in cryptocurrency is someone who holds onto their digital assets long term, regardless of market conditions or price fluctuations. The term ‘HODL’ originated in 2013 as a misspelling of ‘hold’ in a Bitcoin forum post and quickly became popular, evolving into a widely used term and acronym in the…
Learn More