Crypto Terms

Cryptocurrency is becoming more and more popular every year, and more and more people are making money from it. If you hardly know anything about crypto, and you are not familiar with words like "mining", "blockchain" or "stacking", then in this section we will deal with the basic terminology.


Daedalus Wallet

Daedalus Wallet is an open-source, decentralized wallet for the Cardano network.


Delisting is a term that describes the action and process of removing a stock, cryptocurrency, or digital asset from trading on an exchange. When a cryptocurrency is delisted, it is removed from the exchange so that traders can no longer trade the cryptocurrency in any form. All of its pairs are removed, and investors with the cryptocurrency in their portfolio are instructed to remove them within a timeframe. Once that period elapses, traders no longer have access to the cryptocurrency.


Cryptocurrency trading is subject to market volatility, and there are not uncommon dips or fluctuations in trading activity. What is dip in crypto? A dip in cryptocurrency trading refers to a period of time when trading activity slows down or declines in response to various factors, such as market conditions, regulatory changes, or investor sentiment.

Distributed Network

A distributed network is a computer network that connects different locations (nodes). A distributed network's nodes are not all directly connected to each other, but they can communicate with one another via a network of interconnected nodes. This network type is frequently utilized for more reliability and performance than a centralized network.


DYOR meaning crypto stands for "Do Your Own Research." It is a common phrase used in the cryptocurrency community to encourage investors to do their own research before investing in any cryptocurrency.
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