crypto terms

Get Rekt is a slang expression meaning the crushing failure of a trader or investor. It is most often said of those who suffered large losses due to a bad trade or a sharp market move.

Gigahashes/sec (Gigahashes/sec, GH/s) is a unit measuring the computing power of mining hardware. It shows how many billions of hash operations a device performs in one second.

GitHub is the largest platform for hosting and collaborative software development. In the crypto industry, it is where teams publish the source code of their projects, which makes it possible to assess their openness and activity.

A graphics processing unit (GPU) is the computing chip of a graphics card, capable of simultaneously processing many parallel tasks. Thanks to this property, GPUs long remained the main hardware for cryptocurrency mining.

A gap (Gap) is a price gap on a chart, when a quote opens sharply above or below the previous closing level. It arises from changes in the market situation during a period when trading was not taking place.

A Doubler is a type of high-risk project that promises to double the invested funds in a short time. Such schemes belong to the dubious category and are extremely dangerous for an investor.

A dump (Dump) is a mass sale of an asset aimed at sharply lowering its price in a short time. It is often carried out by large holders and frequently serves as part of manipulative schemes.

A DAO is a decentralized autonomous organization governed by rules written into smart contracts and by collective decisions of its participants, rather than by the usual board of directors and management.

DDoS is a distributed attack in which many devices simultaneously flood a server with requests to overload it and make it unavailable to ordinary users. It is a frequent threat to crypto exchanges and pools.

Deflation is a sustained decline in the general level of prices in an economy over time, in which the purchasing power of the monetary unit grows. The phenomenon, the opposite of inflation, is often built into the design of cryptocurrencies.