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

Wallet

A wallet is made up of a unique public address called your public key (similar to your bank account number) that you can share with the world, your friends, family, and other businesses and companies that you trust, to send and receive digital assets. A wallet also stores a private key (much like the PIN that you use to access your bank account at the ATM), which, when combined with the public key, confirms ownership of the wallet, and allows you as the wallet owner to view the digital record of your wallet transactions, and allows you to perform actions such as buying, selling, withdrawing, and swapping funds.

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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 a number

  1. 1 Hour (1hr)

    In crypto trading, and charting specifically, 1 hour is a common time frame used by traders to review a digital asset’s price movements plotted in 60-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 1 hour.

  2. 1 Minute (1m)

    In crypto trading, the 1-minute time frame or chart is commonly used with scalping strategies to review a digital asset’s price movements plotted in 1-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 60 seconds

  3. 30 Days (30d)

    Cryptocurrency exchanges and charting platforms will use 30d to show you data from the last 30 days. Using charts or collecting data like historical price movements over a longer time frame offers deeper insight into an asset’s trend when compared to smaller sample sizes of data or shorter windows of time like daily or weekly.

  4. 30 Minute (30m)

    In crypto trading, and charting specifically, 30 Minutes is a common time frame used by traders to review a digital asset’s price movements plotted in 30-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 30 minutes

  5. 51% Attack

    Happens when the majority of the cryptocurrency network’s hash rate or validation authority is controlled by a single person or entity. Also known as a majority attack, malicious actors could use a 51% attack to cause disruption on the network, potentially overriding the consensus mechanism of the network.

The only good luck many great men ever had was being born with the ability and determination to overcome bad luck.Channing Polluck