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Glossary

Category description – Bitcoin was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.

DYOR

Reading Time: < 1 minute Do your own research. DYOR is often added at the end of investment-related content to remind the reader that they shouldn’t take any information they

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Dogecoin

Reading Time: < 1 minute A darling of meme investors and TikTokers, DogeCoin is a cryptocurrency based on Proof-of-Work that features a Shiba Inu dog as its mascot. It was founded by

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Difficulty adjustment

Reading Time: < 1 minute The Bitcoin network is designed to produce a new block every 10 minutes on average. Every 2016 blocks, or approximately 2 weeks, the difficulty of

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DEX

Reading Time: < 1 minute Decentralized exchanges (DEX) are a type of cryptocurrency exchange that allows for peer-to-peer cryptocurrency transactions without the use of a middleman. Decentralized exchanges can also

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Degen

Reading Time: < 1 minute Short for ‘degenerate.’ A type of crypto investor that takes exceedingly risky positions with potentially incredible upside, often without doing much research. See also: Ape into

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Defi

Reading Time: < 1 minute Short for decentralized finance, DeFi is an alternative financial industry that consists of applications for saving, lending, investing, trading, insurance and derivatives – all running

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Decentralized

Reading Time: < 1 minute A system, network, or application that is run on multiple machines simultaneously and can tolerate the failure of any single machine.

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dApps

Reading Time: < 1 minute A decentralised application or software that is totally open source is known as a dApp. Unlike traditional apps, which run on a single network of

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Cryptokitties

Reading Time: < 1 minute The first viral use-case of non-fungible tokens (NFTs), Cryptokitties is a game where users collect and breed digital cats.

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Cryptocurrency

Reading Time: < 1 minute A decentralized digital (or virtual) currency that harness the power of blockchain technology to enable peer-to-peer interactions without the need for an intermediary.

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