crypto terms

To "get loss-vested" is an ironic slang term meaning to put money into an ICO or another high-risk crypto project. The word emphasizes a failed, hasty, or ill-considered investment of funds in a dubious asset.

A cryptocurrency exchange aggregator is a platform that combines the data and liquidity of several trading venues, helping traders find favorable conditions in one place.

An advisor is a consultant for a crypto project, most often an experienced specialist in the field of blockchain, technology or finance, who advises the team and increases trust in the project.

An ICO (Initial Coin Offering) is an initial token offering, a way of raising funds to launch a crypto project. In essence it is an analog of a public share offering, but in the world of blockchain.

An ICO tracker is a website or service that tracks and collects information about ICOs being launched, helping market participants keep an eye on new token offerings.

An asset is any value or property capable of bringing economic benefit in the future. In the context of cryptocurrencies, an asset refers to coins, tokens and the rights associated with them.

An altcoin is any cryptocurrency other than bitcoin. The term unites thousands of projects: from bitcoin forks to independent blockchains with their own technologies and use cases.

AML (Anti Money-Laundering) is a set of legal and technical measures designed to prevent the legalization of illegally obtained funds through cryptocurrency services and exchanges and to make the industry more transparent.

A 51% attack is a scenario in which more than half of a network's computing power is controlled by a single participant or group, which theoretically makes it possible to manipulate transaction confirmation.

An ASIC is an integrated circuit designed to perform a single task. In mining, such chips are used for the most efficient computation of a specific cryptocurrency algorithm.