A

Absolute Advantage

An economics concept in which one party has a direct advantage in efficiency in producing/providing a specific good or service over another party.

Ad Hoc

The phrase "ad hoc" is a phrase of Latin origin that is used in modern English to mean "for this purpose" or "specifically for this."

Address

String of text that designates the location of a particular wallet on the blockchain. Often a hashed version of a public key.

Airdrop

In the cryptocurrency and blockchain ecosystem, the term “Airdrop” refers to the distribution of digital assets to the public, either by virtue of holding a certain other token or simply by virtue of being an active wallet address on a particular blockchain.

Algorithm

A sequence of unambiguous instructions used for the purpose of solving a problem.

All or None Order (AON)

An AON order, once placed, must either be filled in its entirety or not at all. This prevents any partial filling of orders.

All-Time High (ATH)

The highest price of a cryptocurrency in a quote​ currency, such as a dollar, BTC, ETH, or BNB

Allocation

Percentage distribution of tokens. For example a project may allocate 40% of tokens to their team.

Alpha

A first look at a product released by a team to get feedback, usually in a less mature state than in beta.

Altcoin

A cryptocurrency that is alternative to Bitcoin. Used to describe cryptocurrencies that are not Bitcoin.

Anti Money Laundering (AML)

A framework consisting of legal and regulatory procedures to minimize and curb the flow of funds that are generated from illegal or dubious activities.

Application Programming Interface (API)

A collection of functions and procedures that allow users to interact/communicate with the data of an application or service, such as an exchange, to execute the features of the service programmatically.

Application-Specific Integrated Circuit (ASIC)

An Integrated Circuit customized for maximum performance in a particular use, rather than general-purpose use.

Arbitrage

Buying and selling of assets over different markets in order to take advantage of differing prices on the same asset.

ASIC-resistant

Achieved by requiring a large amount of memory when mining. This means that additional physical area is needed on the chip. As a result an ASIC would experience no significant speed increase.

Asking Price

The lowest price a seller is willing to accept on their sell order when trading an asset on an exchange.

Attack surface

Different points in software environments where an attacker can attempt to enter data or extract data.
B

Binance Blockchain Charity Foundation (BCF)

The world's first decentralized charity platform to advocate the concept of 'blockchain for social good'.

Binance Coin (BNB)

Launched by Binance after an initial coin offering that ended on July 3rd, 2017. Used for receiving exchange trading fee discounts among other utilities.

Binance Community Vote

When the community has the opportunity to vote for their favorite project to win a free listing on Binance.

Binance Ecosystem Fund (BEF)

An initiative by Binance to collaborate with partners who care about the blockchain/cryptocurrency ecosystem.

Binance Labs

A social impact fund and an initiative to incubate, invest, and empower blockchain and cryptocurrency entrepreneurs, projects, and communities.

Bitcoin

A cryptocurrency created by the pseudonymous developer(s) Satoshi Nakamoto. The first cryptocurrency, initially described as a "Peer-to-Peer e-cash".

Bitcoin Dominance

The ratio of Bitcoin's market capitalization versus the sum of the market capitalizations of all cryptocurrencies.

Bitcoin Pizza

The infamous Papa John's Pizza that cost Laszlo Hanyecz 10,000 Bitcoin when he offered the sum to anyone who bought a pizza for him online and ordered it to his door.

Black Swan Event

An event that is often entirely unexpected and deviates from the expected result causing widespread ramifications.

Block Explorer

An online Blockchain webpage which allows users to browse information about blocks, transactions, balances, and transaction histories.

Block Height

The number of blocks in the chain between itself and the first block on that blockchain (genesis block or block 0).

Blockchain

A decentralized, digitized ledger that records transaction information about a cryptocurrency in a chronological order.

Bounty

A reward posted by a group or individual to incentivize certain work, behavior (such as referrals), or development.

Breakeven Multiple

The multiple of the current price by which an asset needs to appreciate in order to reach its previous all-time high.

BUIDL

Originally derived from HODL, a term referring to keeping your heads down and focusing on building your product.
D

Daemon

A process operating in the background waiting for a specific event or condition in order to be activated.

Decentralized Application (dApp)

Applications that run on a P2P network of computers rather than one central computer. This allows the software to run on the internet without being controlled by a single entity.

Decentralized Autonomous Cooperative (DAC)

An organization that is controlled by shareholders rather than a central authority.

Decentralized Autonomous Organization (DAO)

In general, a system of hard coded rules that define which actions an organization will take. The DAO may also refer specifically to the DAO Organization that was instantiated on the Ethereum blockchain.

Decentralized Exchange

An exchange which does not require users to deposit funds to start trading and does not hold the funds for the user. Instead, users trade directly from their own wallets.

Difficulty Bomb

A significant increase in mining difficulty for a proof-of-work coin. This term is often used in reference to Ethereum's exponentially increasing difficulty.

Divergence

Divergence occurs when the price of an asset and a certain indicator (e.g. MACD, RSI) are heading in opposite directions.

Do Your Own Research (DYOR)

A valuable piece of advice. It's always wise to research a coin or token yourself instead of following what others say.

Dollar Cost Averaging (DCA)

Investing fixed dollar amounts over regular periods of time regardless of the price of the asset.

Double Spending

When a given amount of coins are spent more than once. Usually as a result of a race attack or a 51% attack.