Check out our comprehensive cryptocurrency glossary to help you to understand the basics of Bitcoin, blockchain & cryptocurrencies.
Sweeping describes the process of buying up a large number of the cheapest NFTs in a collection on the secondary market. See also: NFT, Floor, Minting.
A Whitelist is the process of getting a cryptocurrency wallet address pre-approved for a future NFT mint. To get on a project’s Whitelist, you usually have to complete various steps outlined by the project team. See also: NFT, Floor, Minting.
NFT minting is the process of creating a new non-fungible token (NFT). NFTs are unique digital assets that can represent a wide range of things, including art, collectibles, and virtual real estate. They are built on top of blockchain technology, which allows them to be bought, sold, and traded on digital marketplaces. NFT minting typically…
A Hardware Wallet is a physical device that is designed to securely store digital currencies. It is a type of cold storage, which means that it is not connected to the internet and therefore is less vulnerable to hacking. Hardware wallets are typically small, portable devices that can be easily carried around and used to…
Floor or Floor Price is a term that describes the lowest price at which you can buy an NFT directly from the project or on the secondary market. See also: NFT, Minting.
A Software Wallet is a digital wallet that is used to store and manage digital currencies such as Bitcoin. It is a type of hot wallet, which means that it is connected to the internet and is therefore more vulnerable to hacking. Software wallets are typically accessed through a web browser or a mobile app…
Paper hands is a term used in the world of investing and trading to refer to investors who are quick to sell their assets when the market turns against them. These investors are seen as lacking conviction and being unable to hold onto their investments during times of volatility. The term is often used in…
Diamond hands is a term used in the world of investing and trading to refer to investors who are committed to holding onto their assets for a long period of time, regardless of market conditions. These investors are seen as having strong convictions and a willingness to ride out market volatility in order to achieve…
Vitalik Buterin (Vitaly Dimtriyevich Buterin) is a Russian-Canadian programmer best known as one of the co-founders of Ethereum. In 2013, he published a whitepaper with proposals for a new cryptocurrency named Ethereum (“Ethereum: A next generation smart contract & decentralized application platform”) based on the idea of creating blockchain networks with a more general scripting…
Charles Hoskinson is founder of Cardano and co-founder of the second largest cryptocurrency Ethereum. After internal disputes with Vitalik Buterin about the future direction of Ethereum, he left the project in 2014 and founded Input Output HK (IOHK) together with his former Ethereum colleague Jeremy Wood. IOHK is a blockchain infrastructure and engineering company that…
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