crypto terms

Pump and dump is a manipulative scheme in which an asset's price is first artificially inflated and then sharply dropped. The organizers take profit at the expense of the buyers they attracted.

An affiliate program is a system of rewards for attracting new users. The affiliate receives a bonus for the actions of the referrals they bring in, for example for registration or trades.

Pending is the status of a payment or transaction that has been sent but not yet confirmed by the network or the payment system. The funds are, as it were, stuck in an intermediate state and awaiting a final decision.

"Feathers" is a colloquial name for the cryptocurrency Feathercoin, one of the early alternative coins (altcoins), based on the Scrypt hashing algorithm.

A peak is the maximum price of an asset reached over a certain period of time, after which a decline in quotes usually begins. The term is widely used in technical analysis.

Peer-to-peer (P2P, "equal to equal") is a model of decentralized interaction in which network participants exchange data and value directly, without a mandatory intermediary.

Peercoin (formerly PPCoin) is an altcoin that was one of the first to combine the Proof-of-Stake and Proof-of-Work mechanisms.

An ICO platform is a set of software tools and infrastructure that allow a project to prepare and conduct an initial coin offering: issue tokens, raise funds and manage the campaign.

A confirmation is the inclusion of a transaction in a block of the blockchain and the fixing of its validity. The more confirmations a transfer gathers, the more reliably it is considered irreversible.

Poloniex is one of the oldest centralized cryptocurrency exchanges, providing trading in a wide range of digital assets. The platform is known for its large number of trading pairs and support for many altcoins.