Decryptopedia™

Our cryptocurrency glossary helps you decipher crypto jargon back into plain English. Learn the terms that you’ll come across on your crypto journey.

Term of the Day

Yield Farming

Yield Farming is the process of looking for the best yield offered by decentralized finance (DeFi) services and protocols, and using one or several together to maximize your rewards or earn interest for using the service. As a user, you can borrow from or lend cryptocurrency to different DeFi platforms.

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Topic of the Day

Tools

Crypto tools help to transform the way you interact with the crypto markets in different ways, hopefully making you operate better. In an ecosystem that covers so many topics, it's the right...

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Terms that start with “N”

  1. Network

    A collection of nodes that work together to facilitate the operation of the network. A network is also a general term that describes all blockchain networks, such as the Bitcoin network or the Ethereum network.

  2. Network Fee

    A fee you pay to a blockchain network for transferring a digital asset on that network. The fees go to the miners or validators of that blockchain network who win the right or are chosen by the validation mechanism to ultimately confirm your transactions and add to the blockchain.

  3. Nocoiner

    A nocoiner, or no-coiner, is someone that doesn’t believe in the idea and value that cryptocurrencies have to offer the world. The term was originally used as a derogatory name and meant as an...

  4. Node

    Any device that participates in a blockchain network. Normally, nodes are computers or servers that provide some function to the network they’re connected to. A node’s role is dictated by the protocol of the network.

  5. Non-Custodial Wallet

    Also referred to as a self-custodial wallet, puts the responsibility of storing your wallet keys in your hands. Non-custodial wallets come in different variations, including web-based, software installed on a smartphone or computer,  a hardware device like a USB thumb drive, or even paper.

  6. Noob

    Noob, noobie, n00b,newb, or newbie all refer to someone new to crypto trading, digital currencies, or new to cryptocurrencies altogether.

  7. Not Gonna Make It (NGMI)

    Slang, describing someone missing out on profits or gains because she either doesn’t have diamond hands and is thinking about selling her bag because of a dip, or she wants to lock in profits rather than just hodling and waiting for even bigger gains.

I believe people should study a little bit every day. It should become habitual, like brushing your teeth, combing your hair, having a shower or getting dressed. Study the mind, the laws of the universe and paradigms. There's enough information on those subjects to keep a person studying forever.Bob Proctor