Crypto Glossary

52-Week High/Low Definition: The highest and lowest prices a cryptocurrency has achieved over the past year, reflecting its price range and volatility during this period.

Fork (Blockchain) Definition: A blockchain split that creates two separate chains, each with its own transaction history and potentially different rules.

51% Attack Definition: A blockchain security threat where a single entity gains control of over 50% of the network’s power, enabling potential manipulation of transactions.

ETH/BTC Definition: The exchange rate representing the value of Ethereum relative to Bitcoin, offering insights into their performance and market sentiment.

Exchange Definition: A platform for buying, selling, and trading cryptocurrencies.

ERC-721 Definition: A standard for non-fungible tokens (NFTs) on Ethereum, enabling the creation and transfer of unique digital assets.

The Ethereum Virtual Machine (EVM) is a runtime environment that powers the execution of smart contracts and decentralized applications (dApps) on the Ethereum blockchain. It ensures a secure, isolated, and standardized framework for deploying and running decentralized solutions.

ERC-20 Definition: A widely-used standard for fungible tokens on the Ethereum blockchain, enabling seamless integration and interoperability across decentralized applications (dApps) and beyond.

Ethereum (ETH): Ethereum is a leading blockchain network designed for smart contract functionality, with Ether (ETH) as its native cryptocurrency.

ERC-1155 Definition: A flexible token standard on the Ethereum blockchain that supports managing multiple asset types, like gaming items, within a single smart contract.