Glossary

Anti-money laundering regulations prevent illegal activities on centralised exchanges.

Automated Market Makers are smart contracts adopted by decentralised exchanges to automatically execute orders.

Tools that simplify the development of apps and web services.

The annual percentage rate you receive for an investment or loan.

A metric often used in DeFi, it indicates the percentage return per year you receive on an investment or loan.

Devices dedicated to mining certain cryptocurrencies.

Acronyms used to indicate the maximum and minimum price of a cryptocurrency.

An online collector of similar content or services from different sources for easy access. An example is Yearn Finance

A way of distributing a new cryptocurrency on the market

The procedure applied to solve a problem.

Cryptocurrencies that followed Bitcoin as alternative solutions.

Buying and selling in different markets in order to take advantage of the disparity in prices.

A verification process that ensures the correct functioning of software.

A market phase characterised by price lows.

A standard for measuring the performance of a financial instrument or market.

Supply and demand on a cryptocurrency exchange.

The longest-lived cryptocurrency on the market and the first application of blockchain.

An unexpected event that has a significant effect.

The set of encrypted transactions that, connected to other blocks, makes up a blockchain.

It allows you to consult any transaction made on a blockchain online

The number of blocks in a blockchain starting from the genesis block.

A technology based on cryptography that enables decentralised and uncensored execution of any type of transaction.

A process in which cryptocurrencies are blocked as a form of commitment to obtain benefits or the right to perform certain activities in a network.

The balance point between losses and gains, income and expenditure.

In blockchain technology, it is a connection that allows interaction between different blockchains.

A market where there is an upward price trend

High number of purchases or sales demanded at a certain price.

Centralised finance is the centralised counterpart of DeFi, but should not be confused with traditional finance.

The number of units of a cryptocurrency available on the market.

A cryptocurrency that is natively based on its blockchain

A way to remove cryptocurrency units from the circulating supply.

Type of staking that requires the use of a cold wallet

Wallets that are not connected to the internet.

A decentralised way to validate transactions on blockchain.

Online fundraising open to anyone.

A financial service that allows lending and borrowing cryptocurrencies on a centralised or decentralised platform

Virtual currency based on cryptography and blockchain.

The branch of computer science that studies secure communication methods.

Managing one's wallet by knowing its private key

The Decentralised Autonomous Organisation is a form of automated blockchain governance.

Decentralised application allowing the use of a blockchain-based service.

A Decentralised Exchange allows cryptocurrency trading without intermediaries and directly on the blockchain.

Distributed Ledger Technologies are technologies based on an immutable ledger of transactions, the control of which is distributed.

Do Your Own Research, don't just take any information from one source at face value.

Decentralised Finance includes all blockchain-based and decentralised financial solutions.

It is said of a system governed by the consensus of its participants and without a central authority or hierarchy.

A variant of Proof-of-Stake in which the stake is transferred to delegates who act as validators. 

Removing a cryptocurrency from an exchange's offering.

A Denial of Service is a computer attack that aims to make a network or service inaccessible.

The possibility for an attacker to spend the same amount twice if the payment system does not have a mechanism to prevent this.

The Ethereum token standard that has enabled hundreds of projects to launch their own cryptocurrency on Ethereum.

Exchange Trade Funds are passively managed investment funds.

Services facilitating the purchase and sale of digital assets based on daily market prices.

Fear Of Missing Out is an expression often used in the context of trading and cryptocurrencies.

Fear, Uncertainty and Doubt refers to a negative market sentiment

Commission paid for the execution of transactions.

Legal tender, i.e. the official currency adopted by a government.

A sector that combines finance and technology, where companies develop technologically innovative financial services.

Increase in the value of an asset, in an excessive way, given its intrinsic value.

The Foreign Exchange Market allows fiat currency trading.

It is the property of a means of payment to be divisible into equal parts to facilitate the exchange of goods.

A contract that regulates the execution of a transaction at a predetermined price on a specific date.

This is the first block of a blockchain, sometimes referred to as block 0.

In the cryptocurrency sector, it indicates the way and rules by which projects and blockchains are governed.

The halving of the reward given to miners for each validation, every 4 years.

A division of the blockchain due to the incompatibility of the new version of the protocol with the previous one.

A cryptographic function that serves to identify each block of the blockchain.

A cryptocurrency wallet connected to the internet.

An event where a newly created cryptocurrency is sold to distribute it on the market and promote it.

An event hosted by an exchange where a newly created cryptocurrency is sold to distribute it on the market and promote it.

The gradual increase in the prices of a market or currency.

The ability to exchange data with other platforms, including those based on different types of blockchain, as well as with the off-chain world.

Identity verification procedure required by European regulations for exchanges.

A buy or sell order that is executed only when the cryptocurrency reaches the set price.

Proof-of-Stake variant in which tokens are not staked but liquid.

How easy it is to convert a cryptocurrency or financial instrument into fiat money or the base currency.

The total value of all the coins or tokens of a cryptocurrency in circulation.

Companies or organised entities that, in partnership with an exchange, are always willing to buy and sell a cryptocurrency.

Instant buy or sell at the next best price available on the market.

A perceived tendency of financial markets to move in a particular direction over time.

The process of adding new blocks to the blockchain and creating new bitcoins by miners.

A company that bases its business on mining, by collecting a large number of powerful mining devices.

When the price of a cryptocurrency rises very fast, they say it soars 'to the moon'.

A Non-Fungible Token is a unique asset registered on the blockchain.

The set of interconnected computers, called nodes, on which the blockchain of a given cryptocurrency is based.

Device connected to a blockchain and participating in its network.

Transaction that is not performed on the blockchain.

Any process performed on the blockchain.

Open-source software is public and available for anyone to reuse.

A service that collects data not available on blockchain, verifies it and provides it to smart contracts

The list of all the prices at which traders are willing to trade a certain amount of cryptocurrency on an exchange.

Una rete peer-to-peer permette agli utenti di scambiare dati senza intermediari.

Exchange-traded markets created for the purpose of trading the outcome of events.

Cryptographic code that gives access to a wallet.

A consensus mechanism based on putting cryptocurrencies at stake in order to contribute to the blockchain.

A consensus mechanism based on computational power to contribute to the blockchain.

Cryptographic code that identifies a wallet on the blockchain.

A strategy that inflates the price of a cryptocurrency to generate profits only for those who implement it.

It is a type of Proof-of-Stake in which validators are chosen randomly and anonymously thanks to the VRF function.

A value that measures the return generated by an investment.

Strumenti di analisi tecnica che permettono di interpretare l'andamento del mercato.

The pseudonym used by the creator or group of developers of Bitcoin.

How much an asset is available and consequently how much value it has.

Fragments' of blockchain operating in parallel.

The difference between the execution price of an order and the price entered in the order.

An agreement in digital form that allows actions to be triggered automatically if certain conditions are met.

Cryptocurrencies pegged to the price of a stable asset such as a fiat currency or precious metal.

Total amount of cryptocurrency being staked

Depositing and holding cryptocurrencies on certain blockchains to obtain cryptocurrency incentives.

Derivatives of staking systems whose value depends on the performance of the staked native tokens and the amount of rewards issued by the network

The joint staking of several people's cryptocurrencies with the aim to increase the rewards

A trading order that allows you to set a price at which another order is triggered.

The conversion of tokens into other tokens on a decentralised exchange.

Digital unit of value based on a third-party protocol.

An economic model that regulates the distribution and use of a project's cryptocurrency.

Buying and selling cryptocurrencies on the basis of a study aimed at making money.

Exchange of value, property or data between two parties.

Literally 'transactions per second', it is a measure of the speed of a blockchain.

Term used in legislation to define cryptocurrencies.

The amount of currency traded in a given period.

Software that allows you to send, receive and store your cryptocurrencies.

The string of characters that identifies a cryptocurrency wallet.

Third historical phase of the web, during which the economic and technological system of the internet changes, thanks to the tools offered by blockchain.

Technical and informative document used by cryptocurrency projects to present their technological proposal.

Young (YNG) is the Utility Token at the heart of the entire Young Platform ecosystem.

A typical feature of decentralised finance (DeFi) that allows people to put their cryptocurrencies to work for a return.