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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

Rug Pull

A scam tactic perpetrated against crypto traders and investors, that results in all investment funds disappearing without a trace. The scam usually takes the shape of scammers setting up a brand new coin that promises instant gains or too-good-to-be-true scenarios. Once the coin is made public, the scammers (criminals) drum up attention on social media and chat rooms, in hopes of enticing investors to buy the cryptocurrency of the project. The fraud materializes when the founders of the coin disappear without notice, taking all investor funds with them.

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Topic of the Day

Common Crypto Terms

The crypto market, born out of money meeting technology, covers a vast amount of subjects. Crypto not only covers cryptocurrency trading, but it includes everything from digital payments,...

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Terms that start with “V”

  1. Validator

    Much like miners in a Proof-of-Work(PoW) network, they are network nodes that operate in Proof of Stake (PoS) blockchains, also validating transaction blocks to the blockchain. Validators are generally picked at random, based on the amount of cryptocurrency they are willing to stake or lock up in a smart contract, to win the rights to validation. This is different than the competition-style mechanism like Proof-of-Work (PoW)

  2. Vitalik Buterin

    Vitalik Buterin is best known for being a co-founder of Ethereum, along with co-founders  Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin. In 2013, Buterin first published his ideas behind Ethereum in a whitepaper, proposing that Bitcoin (BTC) lacked a scripting language for application development. He also co-founded Bitcoin Magazine in 2011, later becoming its leading writer.

  3. Volatility

    Volatility is the measure of fluctuation in an asset’s price over some period of time. If you’ve ever watched a cryptocurrency price chart, you’ll notice the crypto prices shift dramatically, up and down, sometimes in a matter of minutes. This is an example of the volatile nature of cryptocurrency prices, which are more volatile compared […]

If you feel uncomfortable about your trading, you should seek to identify that source of discomfort and then modify your methodology to eliminate it.Richard Bargh