Topic: Crypto currency terms you need to know (Read 171 times)
Block chain sounds more appealing to me because it sounds unique and peculiar to the only Bitcoin which was the original first user of the now blockchain.
7) GAS: A fee for validating a transaction
Transaction fee has no name called, you are specifically talking about ethereum and ethereum tokens which gas is the fee used to send such tokens. DeFi, CeFi, Gas and NFTs are all in the altcoins category.
2) Block chain
Blockchain, not block chain. -snip-
He still used the term in last post: https://bitcointalksearch.org/user/satoshi-3
IMO, either is acceptable.
Btw were does "block-chain" find itself in all this?
Actually, satoshi himself used the term "block chain" but later widely used and accepted by users as "blockchain".
That's true, he did. When I went through Satoshi's posts to write My investigation on satoshi, I found numerous examples where he referred to the chain of blocks as "block chain" and not "blockchain". He also used the terms "inpoints" and "outpoints" when talking about "inputs" and "outputs", and that is not something I have seen anyone else do from what I can remember. 
2) Block chain
Blockchain, not block chain. -snip-
He still used the term in last post: https://bitcointalksearch.org/user/satoshi-3
IMO, either is acceptable.
As you continue your crypto currency journey,it's important for you to get familiar with some of the crypto terms.
(1)Fiat: Government issued currencies i.e Naira,dollar
(2) Block chain: the technology of crypto currency that keeps the system secure and decentralized.
(3) DEFI: Decentralized Finance is an ecosystem that operates independently, free of third parties or exchanges, DEFI involves the use of decentralized exchanges and wallet to trade tokens.
(4)CEFi: centralized finance had always been the standard for trading crypto before DEFI, CEFI involves the use of companies operating exchange platforms like Binance,FTX etc..
6) Tokenomics: This is a combination of token & Economics.it helps understand the supply and demand characteristics of a crypto currency.
7) GAS: A fee for validating a transaction.
(8)NFT: Non fungible Tokens, it enable people to buy and sell collectibles like art, music and trading cards using smart contract. NFTs can work like any other speculative assets where you buy it and hope that the value of it goes up one day, so you can sell it for a profit.
(1)Fiat: Government issued currencies i.e Naira,dollar
(2) Block chain: the technology of crypto currency that keeps the system secure and decentralized.
(3) DEFI: Decentralized Finance is an ecosystem that operates independently, free of third parties or exchanges, DEFI involves the use of decentralized exchanges and wallet to trade tokens.
(4)CEFi: centralized finance had always been the standard for trading crypto before DEFI, CEFI involves the use of companies operating exchange platforms like Binance,FTX etc..
6) Tokenomics: This is a combination of token & Economics.it helps understand the supply and demand characteristics of a crypto currency.
7) GAS: A fee for validating a transaction.
(8)NFT: Non fungible Tokens, it enable people to buy and sell collectibles like art, music and trading cards using smart contract. NFTs can work like any other speculative assets where you buy it and hope that the value of it goes up one day, so you can sell it for a profit.
Eight terms you published here is not enough for successful traveling over uncharted territory of crypto. A few months ago I have created Bitcoin&Crypto vocabulary thread that contains a list with references to sites where one can find out plenty of helpful terms. In addition everyone can check his knowledge by solving soliton's Bitcoin Crosswords.
2) Block chain
Blockchain, not block chain. 7) GAS: A fee for validating a transaction
Transaction fee has no name called, you are specifically talking about ethereum and ethereum tokens which gas is the fee used to send such tokens. DeFi, CeFi, Gas and NFTs are all in the altcoins category.
As you continue your crypto currency journey,it's important for you to get familiar with some of the crypto terms.
(1)Fiat: Government issued currencies i.e Naira,dollar
(2) Block chain: the technology of crypto currency that keeps the system secure and decentralized.
(3) DEFI: Decentralized Finance is an ecosystem that operates independently, free of third parties or exchanges, DEFI involves the use of decentralized exchanges and wallet to trade tokens.
(4)CEFi: centralized finance had always been the standard for trading crypto before DEFI, CEFI involves the use of companies operating exchange platforms like Binance,FTX etc..
6) Tokenomics: This is a combination of token & Economics.it helps understand the supply and demand characteristics of a crypto currency.
7) GAS: A fee for validating a transaction.
(8)NFT: Non fungible Tokens, it enable people to buy and sell collectibles like art, music and trading cards using smart contract. NFTs can work like any other speculative assets where you buy it and hope that the value of it goes up one day, so you can sell it for a profit.
Source: Goggle
(1)Fiat: Government issued currencies i.e Naira,dollar
(2) Block chain: the technology of crypto currency that keeps the system secure and decentralized.
(3) DEFI: Decentralized Finance is an ecosystem that operates independently, free of third parties or exchanges, DEFI involves the use of decentralized exchanges and wallet to trade tokens.
(4)CEFi: centralized finance had always been the standard for trading crypto before DEFI, CEFI involves the use of companies operating exchange platforms like Binance,FTX etc..
6) Tokenomics: This is a combination of token & Economics.it helps understand the supply and demand characteristics of a crypto currency.
7) GAS: A fee for validating a transaction.
(8)NFT: Non fungible Tokens, it enable people to buy and sell collectibles like art, music and trading cards using smart contract. NFTs can work like any other speculative assets where you buy it and hope that the value of it goes up one day, so you can sell it for a profit.
Source: Goggle
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