Cryptocurrency Terminology

9 words in this vocabulary list

noun an underground room or vault beneath a church, used as a chapel or burial place

  • The crypt contained the remains of ancient kings and queens.
  • Let's check out that crypt over there, it looks pretty cool.
  • I heard there's some spooky stuff going on in the crypt, wanna check it out?
  • The crypt of secrets within her mind held the key to understanding her actions.

noun a thing serving as a visible or tangible representation of a fact, quality, feeling, etc.

adjective done for the sake of appearances or as a symbolic gesture

  • The company issued a token to represent ownership of a portion of the business.
  • I used a token to play a game at the arcade.
  • He gave me a token of his appreciation for helping him out.
  • Her smile was a token of her gratitude for the gift.

xem

noun Xem is a Vietnamese word that means 'watch' or 'view'. It can refer to watching something, such as a movie or a video.

verb Xem can also be used as a verb, meaning to watch or view something.

pronoun Xem can also be used as a pronoun in Vietnamese, meaning 'it'.

  • I need to xem the documents before I can proceed with the project.
  • Can you xem this email for any errors before I send it out?
  • I'll xem the video later, I'm busy right now.
  • Sometimes we need to xem the bigger picture before making a decision.

noun a specific type of cryptocurrency token used within the Biteris blockchain network

  • Investors can purchase Biteris Tokens as part of the initial coin offering.
  • I heard that Biteris Tokens are selling like hotcakes among crypto enthusiasts.
  • Have you jumped on the Biteris Token bandwagon yet?
  • Biteris Tokens are like digital gold in the world of cryptocurrency.

AMD

noun Advanced Micro Devices, Inc. (AMD) is a multinational semiconductor company known for its computer processors and related technologies.

  • AMD is a leading semiconductor company known for its innovative processors.
  • My laptop has an AMD processor which is great for gaming.
  • I heard that new AMD graphics card is lit!
  • The competition between AMD and Intel is like a battle of titans in the tech world.

ICO

noun Initial Coin Offering (ICO) is a fundraising method for cryptocurrency projects where new tokens are sold to investors in exchange for existing cryptocurrencies like Bitcoin or Ethereum.

  • The company decided to launch an ICO to raise funds for their new project.
  • Have you heard about the ICO happening next week? I'm thinking of investing.
  • I'm so excited for this ICO, it's going to be lit!
  • Launching the ICO was like planting a seed for the future growth of the business.

noun a fictional digital currency used in online games

  • The company launched a new digital currency called UNICOIN for its online transactions.
  • I heard we can earn UNICOIN by participating in the online games on that website.
  • I'm trying to save up enough UNICOIN to buy that new game I want.
  • UNICOIN is like gold in the digital world, valuable and sought after by many.

noun a person who invests or trades in cryptocurrencies, particularly in newly created or lesser-known coins

  • The conference was attended by many experts in the field, including a prominent unicoiner.
  • I heard that Sarah is a big unicoiner and has invested in multiple cryptocurrencies.
  • My friend is such a unicoiner, always talking about the latest trends in the market.
  • As a unicoiner, she has a knack for spotting profitable investment opportunities.

noun a measure of the processing power of a cryptocurrency network

  • The hash rate of a cryptocurrency network is a measure of how much computing power is being used to validate transactions and secure the network.
  • If you want to mine cryptocurrency, you'll need a high hash rate to be competitive.
  • My hash rate is through the roof since I upgraded my mining rig.
  • His ability to process information at a high hash rate makes him a great problem solver.