crypto terms

A blockmaker is a professional participant in a decentralized network who stores a full copy of the blockchain and helps maintain its operation, verify transactions and form new blocks.

A paper wallet is a way of storing cryptocurrency in which the public address and private key are printed out on paper. It is a form of cold storage that is kept offline, away from the internet.

A bagholder is an investor who continues to hold an asset that has lost a lot of value, in the hope of a recovery. The term more often describes holders of declining coins with dubious prospects.

The cobra strike is a sharp and short-lived movement of a cryptocurrency's price up or down with a quick return to the previous level. Such a spike is often associated with high market volatility.

A bull (Bull) is a market participant who expects an asset's price to rise and profits from the increase. The term is widely used on cryptocurrency exchanges and describes one of the types of market behavior of traders.

To "prophesy" (vanguvaty), in traders' slang, means to make a forecast about the future movement of a price, to predict how the market will develop. The term is often used with a touch of irony toward overly confident predictions.

A bucket is exchange slang for a limit buy order placed noticeably below the current price in anticipation of a sharp, brief drop. Such an order is triggered at the moment of a deep dip.

Identity verification is the procedure of confirming a user's personal data on an exchange or service. It is needed for account security and access to withdrawing funds.

Coin age is a metric calculated as the amount of cryptocurrency multiplied by the time it has been held. The concept is used in proof-of-stake mechanisms.

An input is the part of a transaction in the Bitcoin blockchain that indicates the source of the funds being transferred. The input links the new transaction to previous coin receipts at the sender's address.