A token standard is a set of technical rules that a token on a blockchain conforms to. Standards ensure the compatibility of tokens with wallets, exchanges, and smart contracts.
An order book is a table of all active limit orders to buy and sell an asset, sorted by price. It shows supply and demand and helps assess the market's liquidity.
A soft cap is the minimum amount of funds a project plans to raise during a token sale in order to begin developing the product. If the amount is not reached, the funds are usually returned to contributors.
A wick is exchange slang describing a sharp and very rapid drop in an asset's price over a short period of time, usually within one or two candles on a minute timeframe.
Solo mining is independent cryptocurrency mining in which a miner works alone and does not pool their power with other participants. The entire reward for a found block goes to them in full.
A smart contract is a software algorithm on a blockchain that automatically executes the terms of an agreement. It works without intermediaries and triggers only when the specified conditions are met.
Difficulty is a network parameter that governs how hard it is to find a new block. It automatically adjusts to the network's total power, keeping the block issuance time stable.
Scrypt is a hashing algorithm underlying a number of cryptocurrencies. It was created to be more memory-intensive and was originally designed to resist specialized hardware.
A scamcoin is a cryptocurrency created not for the sake of technology but to enrich its organizers through manipulation or premining. Such coins carry an elevated risk for holders.
A scam is a fraudulent project or scheme that never intended to fulfill its obligations to participants. In the crypto market, the term refers to deceiving investors and siphoning off their funds.