If you are going to trade (for investment purposes or just trying some luck in the new World Wide Crypto Casino), you should know a little bit more about cryptos. At this moment I just list a few BUZZ words that helps to understand this new market a bit more. The 33 words at this moment are:
- Blockchain
- Hard fork
- Soft fork
- Wallet types: Hot Wallet / cold wallet, hardware wallet
- Coin versus token
- Exchanges (centralized, distributed)
- Mining, ASICS and mining pools
- Hashing methods (SHA257, Scrypt)
- Proof of Work, Proof of Stake
- Third Trusted Party (TTP)
- Man in the Middle
- IPO
- ICO
- Futures
- Naked short
- Fiat money
- RansomWare
- Ledger
- Decentralized
- Ponzi Scheme
- Tulipmania
- Potential Value in the Near Future (PVNF)
- Crypto, ICO and exchange scams
- Segwit blockchain
- Legacy blockchain
- Fintech
- The future of blockchain (Hashpraph and other protocols)
- ERC20 tokens
- Satoshi
- Segwith2x
- Lightning network
- BIP32 and BIP39 root keys
- Bullish, Bearish, FOMO, FUD, sentiment
- DLT
- Airdrop
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