S-T

S

 

Shielded Transcation

Is essentially a transaction that is between two shielded addresses.

 

SHA-256

A cryptographic hash function that generates a 256-bit signature for a text, used in Bitcoin proof of work (POW)

 

SIM-Swap

a type of scam that exploits two factor authentication measures.

 

Satoshi (SATS)

The smallest unit of bitcoin with a value of 0.00000001BTC.

 

Satoshi Nakamoto

The individual or group of individuals that created Bitcoin.

 

Scaling Problem

The scalling problem is the limitations of a blockchain’s transaction throughout and ability to have fast and low cast transactions.

 

Scam

A scheme that is designed to dupe people out of cash or crypto

 

Script

A computer script is a list of commands that are executed by a certain program or scripting language.

 

Scrypt

An alternative proof of work (POW) algorithm to SHA-256, used in Bitcoin mining. Scrypt mining relies more heavily on memory than on pure Cpu power, aiming to reduce the advantage that ASICs have and hence increasing network participation and energy efficiency.

 

Securities and Exchange Comission(SEC)

An independent agency of the United States federal government, responsible for enforcing federal securities laws, proposing securities rules, and regulating the securities industry, the nation’s stock and options exchanges, and other related activities and organizations.

 

Security Token

A security token is essentially a digital form of traditional securities.

 

Selfish Mining

A situation in which a miner mines a new block but does not broadcast this new block to the other miners.

 

Settlement Layer

is a layer that essentially provides an anchor for an entire ecosystem.

 

Shitcoin

A coin with no obvious potential value or usage.

 

Short

A trading technique in which a trader borrows an asset in order to sell it, with the expectation that the price will continue to decline. In the event that the price does decline, the short seller will then buy the asset at this lower price in order to return it to the lender of asset, making the difference in profit.

 

Signal

Signals are a call to action to either buy or sell an asset.

 

Silk Road

An online black market that existed on the dark web, now shut down by the FBI.

 

Slippage

Slippage happens when traders have to settle for a different price than what they initially requested due to a price movement.

 

Smart Contract

is a computer protocol intended to facilitate, verify or enforce a contract on the blockchain without third parties.

 

Soft Fork (Bockchain)

A protocol upgrade where only previously valid transactions are made invalid, with most soft forks requiring miners to upgrade their mining software.

 

Solidity

The programming language used by Ethereum for developing smart contracts.

 

Spot

A contract or transaction buying or selling a cryptocurrency for immediate settlement, or payment and delivery, of the cryptocurrency on the market.

 

Spot Market

A public market in which cryptocurrencies are traded for immediate settlement.

 

Stablecoin

A cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification.

 

Staking

Participation in a proof of stake (POS) system to put your tokens in to serve as a validator to the blcokchain and receive rewards.

 

Stop Loss Order

A stop loss order in trading allows investors to determine the lowest price at which they are willing to sell an asset and trigger an automatic sell order when and if this price is reached.

 

Symbol

The ticker of a cryptocurrency; for example, Bitcoin’s symbol is BTC.

 

T

 

Taint

the percentage of cryptocurency in an account that can be  traced to another account.

 

Taproot

is an instatiation of a soft fork for Bitcoin, intended to both improve privacy and improve other aspects tied to more complex transactions.

 

Testnet

An alternative blockchain used by developers for testing.

 

The DAO

is the first decentralized autonomous organization, which was created by a group of developers in april 2016

 

Token

A digital unit designed with utility in mind, providing acess and use of a larger crypto economic system.

 

Total Supply

The total amount of coins in existance right now, minus any coins that have been verifiably burned.

 

Trading Volume

refers to the total number of shares(or tokens/coins) that have been exchanged between buyers and sellers of a given asset during trading hours of a certain day.

 

(TX)

The act of exchanging cryptocurrencies on a blockchain.

 

Transaction Fee

A payment for using the blockchain to transact.

 

Two Factor Authentication (2FA)

Is method of Access that requires two different forms of authentication.

Share: