E-H

E

 

ERC-20

Tokens designed and used solely on the Ethereum platform.

 

ERC-721

A token standard for non-fungible Ethereum tokens.

 

Elliott Waves

The Elliott Wave Theory is an essential tool for many stock and crypto market traders.

 

Ether

The form of payment used in the operation of the distribution application platform, Ethereum.

 

Ethereum Improvement Proposal (EIP)

Ethereum Improvement Proposals (EIPs) describe standards for the Ethereum platform, including core protocol specifications, client APIs, and contract standards.

 

Exchange

Businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies.

 

Exchange Traded Fund (ETF)

A security that tracks a basket of assets such as stocks, bonds, and cryptocurrencies but can be traded like a single stock.

 

F

 

FOMO

An acronym that stands for "Fear of Missing Out."

 

FUD

An acronym that stands for “Fear, Uncertainty and Doubt.” It is a strategy to influence perception of certain cryptocurrencies or the cryptocurrency market in general by spreading negative, misleading or false information. *see FUDster.

 

 

Fiat

Fiat currency is “legal tender” backed by a central government, such as the Federal Reserve, and with its own banking system, such as fractional reserve banking. It can take the form of physical cash, or it can be represented electronically, such as with bank credit.

 

Fiat-Pegged Cryptocurrency

A coin, token or asset issued on a blockchain that is linked to a government or bank-issued currency.

 

Financial Action Task Force (FATF)

The FATF is a global organization that sets global standards to combat money laundering and terrorist financing (AML/CFT).

 

Financial Crime Enforcement Network (FinCEN)

The Financial Crimes Enforcement Network (FinCEN) is a federal regulatory bureau of the United States Treasury.

 

Financial Transactions and Reports Analysis Centre (FINTRAC)

The Financial Transactions and Reports Analysis Centre (FINTRAC) of Canada is the nation’s financial intelligence agency.

 

Flash Crash

A flash crash is a market condition where an asset’s price falls very rapidly within a very brief time interval.

 

Fork (Blockchain)

Forks, or chain splits, create an alternate version of the blockchain, leaving two blockchains to run simultaneously.

 

Fork (Software)

When an entirely new program has been developed from source code, taken from an open source software.

 

Fundamental Analysis (FA)

A method in which you research the underlying value of an asset by looking at the technology, team, growth prospects and other indicators. Some people perform fundamental analysis as part of an investment strategy called “value investing.”

 

Futures

A futures contract is a standardized legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future.

 

G

 

Gas

A term used on the Ethereum platform that refers to a unit of measuring the computational effort of conducting transactions or smart contracts, or launch DApps in the Ethereum network. It is the “fuel” of the Ethereum network.

 

Gas Limit

A term used on the Ethereum platform that refers to the maximum amount of gas the user is willing to spend on a transaction.

 

Gas Price

A term used on the Ethereum platform that refers to the price you are willing to pay for a transaction.

 

Genesis Block

The first block of data that is processed and validated to form a new blockchain, often referred to as block 0 or block 1.

 

Geth

Geth, short for Go Ethereum, is a command-line interface that allows developers to run full Ethereum nodes, mine the cryptocurrency and execute smart contracts.

 

Group Mining

As opposed to solo mining, group mining is when multiple people mine together.

 

Gwei

The denomination used in defining the cost of gas in transactions involving Ether.

 

H

 

HODL

A type of passive investment strategy where you hold an investment for a long period of time, regardless of any changes in the price or markets.

 

Halving

An event in which the total rewards per confirmed block halves.

 

Hard Fork (Blockchain)

A type of protocol change that validates all previously invalid transactions, and invalidates all previously valid transactions.

 

Hardware Wallet

A hardware wallet is a wallet for cryptocurrencies that usually resemble a USB stick.

 

Hash

A hash is the output result of a hashing algorithm, which creates a unique, fixed-length string to encrypt and secure a certain selection of arbitrary data.

 

Hash Power / Hash Rate

A unit of measurement for the amut of computing power being consumed by the network to continuously operate.

 

Hot Storage

The online storage of private keys allowing for quicker access to cryptocurrencies.

 

Hot Wallet

A cryptocurrency wallet that is connected to the internet for hot storage of cryptoassets, as opposed to an offline, cold wallet with cold storage.

 

Hyperledger (Hyperledger Foundation)

Hyperledger is an umbrella project of open source blockchains and blockchain-related tools started by the Linux Foundation in 2015 to support the collaborative development of blockchain-based distributed ledgers.

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