Vocabulary Words Every Crypto Technical Lead Should Know


Vocabulary Words Every Crypto Technical Lead Should Know



Vocabulary Words Every Crypto Technical Lead Should Know | English A1 Level (Beginner / Elementary)

20 Word


Coin


Definition: A small, flat, round piece of metal used as money.

  • He found a coin on the ground.
  • She collected rare coins as a hobby.
  • The coin was worth five cents.

Coin in a sentence


Block


Definition: A solid piece of material; also refers to stopping or preventing something.

  • He used a block of wood for his project.
  • They had to block the path to keep everyone safe.
  • Understanding how to block effectively can enhance gameplay.

Block in a sentence


Chain


Definition: A series of connected links or items.

  • He wore a silver chain around his neck.
  • The restaurant is part of a large chain.
  • We need to link the chain to the bicycle.

Chain in a sentence


Token


Definition: An object that represents something or serves as a symbol.

  • He received a token of appreciation for his hard work.
  • The game included a token that players could collect.
  • A token can be a small gift or a special item.

Token in a sentence


Trade


Definition: The buying and selling of goods.

  • Countries trade goods with each other.
  • He works in the trade business.
  • Trade helps economies grow.

Trade in a sentence


Buy


Definition: To get something by paying money.

  • I want to buy a new phone.
  • She bought a gift for her friend.
  • They buy fresh vegetables from the market.

Buy in a sentence


Sell


Definition: To give something to someone in exchange for money.

  • I want to sell my old toys at the yard sale.
  • The shop will sell fresh fruits and vegetables.
  • He decided to sell his bike because he needed money.

Sell in a sentence


Money


Definition: Paper or coins used to buy things.

  • I need money to buy a new book.
  • He saved his money for a new bike.
  • We use money to pay for food.

Money in a sentence


Market


Definition: A place where people buy and sell things.

  • We went to the market to buy vegetables.
  • The market was very crowded today.
  • She sells fruits at the local market.

Market in a sentence


Wallet


Definition: a small case for holding money and cards

  • He keeps his money in his wallet.
  • Her wallet was full of pictures and coupons.
  • Don't forget to bring your wallet when you go shopping.

Wallet in a sentence


Safe


Definition: Free from harm or danger.

  • It is important to keep our home safe.
  • Always wear a helmet to stay safe while biking.
  • This is a safe place for kids to play.

Safe in a sentence


Key


Definition: A small metal instrument used to open locks; something essential for success.

  • I lost the key to my house.
  • The key to success is hard work.
  • She has the key to her car.

Key in a sentence


Code


Definition: A system of words, letters, or symbols used to represent information.

  • I learned to code using a computer programming language.
  • The secret message was written in code.
  • Learning code can help you create your own games.

Code in a sentence


Peer


Definition: A person of the same age or status.

  • I love spending time with my peers at school.
  • She asked her peers for help with the project.
  • They played games with their peers during recess.

Peer in a sentence


Data


Definition: Information collected for analysis.

  • The data shows an increase in sales.
  • We need to analyze the data carefully.
  • His research includes a lot of data.

Data in a sentence


Share


Definition: To give a part of something to others.

  • It's nice to share your toys with friends.
  • We should share our ideas during the meeting.
  • Can you share your notes with me?

Share in a sentence


Link


Definition: A connection between two things; can be a website address.

  • You can find the link to the article in the email.
  • She clicked on the link to open the website.
  • There is a link between exercise and health.

Link in a sentence


Trust


Definition: A firm belief in the reliability or truth of someone or something.

  • I trust my friends to keep my secrets.
  • They built a trust over many years.
  • She has trust in her teacher's guidance.

Trust in a sentence


Fast


Definition: Moving or happening quickly; opposite of slow.

  • He runs very fast in competitions.
  • The fast train can reach the city in one hour.
  • Understanding the concept of fast can help in time management.

Fast in a sentence


New


Definition: Something not old or used before.

  • I have a new bike.
  • She bought a new dress.
  • We moved to a new house.

New in a sentence



Vocabulary Words Every Crypto Technical Lead Should Know | English A2 Level (Pre-Intermediate)

16 Word


Blockchain


Definition: A technology that allows secure and transparent record-keeping of digital transactions.

  • Blockchain is used for cryptocurrencies like Bitcoin.
  • Understanding blockchain can help in finance and technology.
  • She learned about blockchain in her computer science class.

Network


Definition: A group of connected people or things.

  • They built a strong network of friends.
  • The internet is a global network.
  • She joined a professional network.

Network in a sentence


Miner


Definition: a person who works in a mine to extract resources

  • The miner worked long hours in the coal mine.
  • She learned about the dangers faced by miners.
  • Miners play a crucial role in providing valuable materials.

Miner in a sentence


Exchange


Definition: To give something and receive something in return; a swap.

  • They wanted to exchange books for a project.
  • The currency exchange at the airport was busy.
  • She had to exchange her old phone for a new one.

Exchange in a sentence


Ledger


Definition: A book or digital record used for keeping financial accounts.

  • The accountant keeps a ledger of all transactions.
  • We reviewed the ledger to find the expenses.
  • The ledger helps track income and spending.

Ledger in a sentence


Smart Contract


Definition: A self-executing contract with the terms directly written into code.

  • A smart contract automatically enforces agreements without intermediaries.
  • They used a smart contract to simplify the transaction.
  • Understanding smart contracts is important in blockchain technology.

Security


Definition: The state of being free from danger.

  • They installed security cameras in the building.
  • Security is important in our daily lives.
  • She feels safe with good security measures.

Security in a sentence


Hash


Definition: A dish made by chopping and mixing ingredients; also a computer term for data processing.

  • They made a delicious hash with leftover vegetables.
  • In programming, a hash is used for data storage.
  • She enjoys a breakfast hash with eggs and potatoes.

Hash in a sentence


Address


Definition: The location where someone lives or works.

  • What is your address for the invitation?
  • Please write your address on the form.
  • He moved to a new address last month.

Address in a sentence


Transaction


Definition: an instance of buying or selling something

  • The transaction was completed online.
  • He received a receipt for the transaction.
  • They tracked the transaction in their records.

Transaction in a sentence


Public Key


Definition: A cryptographic code that allows users to receive messages securely.

  • Your public key can be shared with anyone for communication.
  • Public keys are essential for secure online transactions.
  • He shared his public key to receive encrypted messages.

Private Key


Definition: A secure code used to access a cryptocurrency wallet.

  • Your private key must be kept safe to protect your funds.
  • If someone has your private key, they can access your account.
  • Never share your private key with anyone.

Fee


Definition: A charge or payment for services or privileges.

  • There is a small fee to enter the amusement park.
  • He paid the registration fee for the event.
  • The library has a late fee for overdue books.

Fee in a sentence


Stake


Definition: An interest or share in a situation or business; also refers to a risk or investment.

  • She has a stake in the success of the project.
  • His stake in the company motivates him to work hard.
  • Understanding stake is important in business contexts.

Stake in a sentence


Proof


Definition: Evidence or argument that establishes the truth of something.

  • He provided proof of his identity with his ID.
  • The proof of the theory was presented in the report.
  • Understanding proof is essential in mathematics.

Proof in a sentence


Reward


Definition: Something given in recognition of service, effort, or achievement.

  • She received a reward for her hard work.
  • The teacher offered a reward for good behavior.
  • Understanding rewards can motivate positive actions.

Reward in a sentence



Vocabulary Words Every Crypto Technical Lead Should Know | English B1 Level (Intermediate)

8 Word


Cryptocurrency


Definition: Digital or virtual currency that uses cryptography for security.

  • Cryptocurrency is becoming more popular for online transactions.
  • He invested in cryptocurrency for its potential growth.
  • Understanding cryptocurrency is important in today's economy.

Mining


Definition: the process of extracting minerals or resources from the earth

  • Mining is essential for obtaining natural resources.
  • He worked in mining to extract coal from the ground.
  • The mining industry provides jobs for many people.

Mining in a sentence


Node


Definition: A point in a network where lines intersect or branch off; also used in graphs.

  • The computer network has many nodes.
  • Each node represents a connection in the system.
  • He studied how nodes interact in a graph.

Node in a sentence


Decentralization


Definition: the process of distributing functions away from a central authority

  • Decentralization can lead to more local decision-making.
  • The government implemented decentralization to improve efficiency.
  • Understanding decentralization is important in management.

Decentralization in a sentence


Peer-to-peer


Definition: A type of network where computers communicate directly with each other without a central server.

  • Peer-to-peer networks allow file sharing between users.
  • She used a peer-to-peer application to share music.
  • Peer-to-peer technology can enhance collaboration.

Peer-to-peer in a sentence


Consensus


Definition: General agreement among a group of people.

  • The team reached a consensus on the project direction.
  • There was a consensus that the plan needed improvement.
  • They worked towards a consensus during the meeting.

Consensus in a sentence


Volatility


Definition: The degree of variation in a trading price series over time.

  • Stock market volatility can be stressful for investors.
  • High volatility means prices can change quickly.
  • Understanding volatility is crucial for traders.

Volatility in a sentence


Investment


Definition: The action of putting money into something to earn more money in the future.

  • He made a smart investment in stocks.
  • They discussed investment options for their savings.
  • Her investment in education paid off.

Investment in a sentence



Vocabulary Words Every Crypto Technical Lead Should Know | English B2 Level (Upper Intermediate)

13 Word


Protocol


Definition: A set of rules or procedures to be followed in certain situations.

  • The protocol for the experiment was carefully followed.
  • They established a protocol for handling emergencies.
  • Understanding the protocol is important for safety.

Protocol in a sentence


Scalability


Definition: The ability of a system to handle growth or increased demand.

  • The software has great scalability for future users.
  • Scalability is important for business growth.
  • They are looking for solutions to improve scalability.

Scalability in a sentence


Governance


Definition: The way in which organizations or countries are managed and controlled.

  • Good governance ensures fairness and accountability.
  • She studied governance in her political science class.
  • Understanding governance is crucial for effective leadership.

Governance in a sentence


Fork


Definition: A utensil with prongs used for eating or serving food.

  • Please use a fork to eat your salad.
  • He dropped his fork on the floor.
  • She prefers a fork over a spoon for pasta.

Fork in a sentence


Utility


Definition: The usefulness or benefit of something.

  • The utility of a smartphone includes many apps.
  • He explained the utility of recycling for the environment.
  • Understanding utility helps in making better choices.

Utility in a sentence


Market Cap


Definition: The total value of a company's shares of stock.

  • The company's market cap increased significantly last year.
  • Investors often look at market cap when choosing stocks.
  • A higher market cap can indicate a more stable company.

Liquidity


Definition: The ease with which an asset can be converted into cash.

  • High liquidity means you can quickly access your money.
  • She learned about liquidity in her finance class.
  • Understanding liquidity is essential for financial management.

Liquidity in a sentence


Regulation


Definition: A rule or directive made and maintained by an authority.

  • The regulation ensures safety.
  • They followed the regulation carefully.
  • New regulation was introduced for better practices.

Regulation in a sentence


Adoption


Definition: The legal process of taking another person's child as one's own.

  • They are considering adoption to start their family.
  • Adoption can bring joy to both parents and children.
  • She learned about the adoption process in her social studies class.

Adoption in a sentence


Audit


Definition: An official examination of accounts or financial records.

  • The school will conduct an audit of its budget.
  • An audit helps ensure that everything is accurate.
  • They hired a company to perform the audit for transparency.

Audit in a sentence


Cryptography


Definition: The practice and study of techniques for secure communication.

  • Cryptography is vital for online security.
  • She learned about classical and modern cryptography.
  • Understanding cryptography helps protect sensitive information.

Cryptography in a sentence


Algorithm


Definition: A step-by-step procedure for solving a problem or completing a task.

  • An algorithm can help computers perform calculations.
  • He learned about algorithms in his computer science class.
  • Understanding algorithms is essential for programming.

Incentive


Definition: Something that motivates or encourages someone to do something.

  • The bonus was an incentive for employees to work harder.
  • They offered an incentive for early registration.
  • Incentives can improve productivity in the workplace.

Incentive in a sentence



Vocabulary Words Every Crypto Technical Lead Should Know | English C1 Level (Advanced)

59 Word


Tokenization


Definition: the process of converting rights to an asset into a digital token

  • Tokenization can simplify transactions and ownership.
  • He learned about tokenization in his finance class.
  • The company focuses on tokenization of real estate assets.

Smart Contracts


Definition: Digital contracts that automatically execute when conditions are met.

  • Smart contracts streamline processes in various industries.
  • They are exploring the use of smart contracts in real estate.
  • Understanding smart contracts can improve efficiency in transactions.

Interoperability


Definition: the ability of different systems to work together

  • Interoperability is crucial for technology integration.
  • They focused on improving interoperability between software.
  • The project aims to enhance interoperability across platforms.

Interoperability in a sentence


Hash Rate


Definition: The speed at which a hash function is computed, often in cryptocurrency mining.

  • The hash rate determines how quickly blocks are mined.
  • A higher hash rate can lead to more rewards in mining.
  • She monitored the hash rate to optimize her setup.

Encryption


Definition: The process of converting information into a code to prevent unauthorized access.

  • Encryption keeps your data safe from hackers.
  • She used encryption to secure her emails.
  • Understanding encryption is vital for online safety.

Encryption in a sentence


Validation


Definition: the act of confirming or supporting something

  • Validation of the results is crucial for the research.
  • She received validation from her peers for her project.
  • The process requires validation to ensure accuracy.

Validation in a sentence


Custody


Definition: the protective care or guardianship of someone or something

  • The court granted her custody of the children.
  • He was in custody for further questioning.
  • They discussed issues related to child custody in family law.

Custody in a sentence


Blockchain Explorer


Definition: A tool to view and search blockchain data.

  • He used a blockchain explorer to check his wallet balance.
  • A blockchain explorer shows transaction history.
  • Learning to use a blockchain explorer is useful for users.

DApp


Definition: Decentralized Application; an application that runs on a blockchain.

  • The DApp allows users to trade cryptocurrencies easily.
  • He developed a DApp for secure messaging.
  • Understanding DApps is important for future technology.

Gas Fees


Definition: Multiple charges related to gas usage.

  • The gas fees increased due to higher prices.
  • She budgeted for the gas fees throughout the month.
  • Gas fees can affect your total expenses.

Proof Of Work


Definition: A system that requires a computer to solve complex puzzles to validate transactions in blockchain.

  • Proof of work helps secure Bitcoin by making it hard to cheat.
  • Miners use proof of work to add new blocks to the blockchain.
  • The proof of work process can take considerable computing power.

Proof Of Stake


Definition: A method of validating transactions in cryptocurrency where owners of coins can validate blocks.

  • In proof of stake, you earn rewards based on the number of coins you hold.
  • Many believe proof of stake is more energy-efficient than proof of work.
  • He invested in a cryptocurrency that uses proof of stake for security.

Airdrop


Definition: The delivery of goods by dropping them from an aircraft.

  • The food airdrop helped people in need after the disaster.
  • They received supplies through an airdrop.
  • The military used an airdrop to deliver equipment.

Airdrop in a sentence


Utility Token


Definition: A type of digital token that provides access to a product or service.

  • The utility token can be used within the app.
  • Investors are interested in the new utility token.
  • She purchased a utility token for the game.

Security Token


Definition: A digital token used to manage access and authentication in systems.

  • The security token enhances the protection of user accounts.
  • He used a security token to log into the system.
  • Security tokens are essential for multi-factor authentication.

Market Capitalization


Definition: The total value of a company's outstanding shares; synonymous with market cap.

  • Market capitalization helps investors assess a company’s size.
  • Her portfolio included stocks with high market capitalization.
  • They analyzed the market capitalization of various firms.

Market Capitalization in a sentence


Decentralised Finance


Definition: financial services that operate without centralized control

  • Decentralised finance allows users to lend and borrow without banks.
  • He learned about decentralised finance in his economics class.
  • Decentralised finance is changing how people manage money.

NFT


Definition: Non-fungible token; a unique digital asset verified using blockchain technology.

  • An NFT can represent art, music, or other digital items.
  • He bought an NFT of a digital artwork.
  • NFTs have become popular for collecting and trading online.

Oracle


Definition: A person or medium through whom advice or prophecy is sought, often in ancient contexts.

  • The oracle provided guidance to the leaders of the city.
  • They consulted the oracle about their future.
  • In mythology, the oracle was known for her wisdom.

Oracle in a sentence


Sidechain


Definition: a separate set of processes in a blockchain

  • Sidechains can improve transaction speeds.
  • He learned about sidechains in his cryptocurrency course.
  • Using sidechains can help manage network congestion.

Yield Farming


Definition: a method of earning rewards in cryptocurrency

  • Yield farming allows users to earn interest on their assets.
  • Many investors are exploring yield farming opportunities.
  • He learned about yield farming in the crypto workshop.

Staking


Definition: the act of placing a bet or asserting a claim

  • He is staking his reputation on the project’s success.
  • They are staking their resources for the upcoming event.
  • Staking a claim in the competition can lead to rewards.

Staking in a sentence


Fungibility


Definition: The property of being interchangeable; the ability to be exchanged.

  • Money has fungibility, allowing it to be easily traded.
  • The fungibility of stocks makes them easy to buy and sell.
  • Understanding fungibility is important in economics.

Custodial


Definition: related to maintaining and cleaning a building

  • The custodial staff keeps the school clean and organized.
  • She applied for a custodial position at the office.
  • Custodial duties include cleaning and maintenance.

Custodial in a sentence


Non-custodial


Definition: not having physical custody of a child

  • He is a non-custodial parent who shares joint custody.
  • Non-custodial arrangements can be challenging for families.
  • She learned about the rights of non-custodial parents.

Pseudonymity


Definition: the state of using a false name

  • Pseudonymity allows authors to write anonymously.
  • In online forums, pseudonymity is common.
  • Her pseudonymity protects her privacy.

Anonymity


Definition: The state of being unknown or unidentified.

  • She valued her anonymity while sharing her opinion.
  • Anonymity can encourage honest feedback.
  • The survey was conducted with anonymity in mind.

Anonymity in a sentence


KYC


Definition: Know Your Customer; a process of verifying the identity of clients

  • KYC helps banks prevent fraud.
  • She completed the KYC process before opening her account.
  • The company follows strict KYC regulations.

AML


Definition: Acute Myeloid Leukemia, a type of cancer.

  • He was diagnosed with AML last year.
  • AML treatment can vary based on individual cases.
  • Research on AML is ongoing to find better therapies.

Regulatory Compliance


Definition: following laws and regulations in business practices

  • Regulatory compliance is important for any organization.
  • They ensure regulatory compliance through regular audits.
  • Understanding regulatory compliance helps avoid penalties.

Whitepaper


Definition: a document that explains a topic in detail

  • The whitepaper outlined the project goals.
  • She wrote a whitepaper on renewable energy.
  • A whitepaper can help inform stakeholders.

Roadmap


Definition: A plan or strategy for achieving goals.

  • The roadmap outlines our project's milestones.
  • He created a roadmap for his career.
  • A clear roadmap helps guide decisions.

Community


Definition: A group of people living in the same area or sharing common interests.

  • Our community organizes events for everyone to enjoy.
  • It's important to help your community by volunteering.
  • The community came together to clean the park.

Community in a sentence


Venture Capital


Definition: Funding provided to startups and small businesses with high growth potential.

  • Venture capital can help new companies expand quickly.
  • He secured venture capital to launch his tech startup.
  • Understanding venture capital is important for entrepreneurs.

Venture Capital in a sentence


Seed Funding


Definition: Initial capital used to start a business or project.

  • The startup received seed funding to develop its app.
  • Seed funding is often crucial for new companies.
  • They sought seed funding to launch their innovative idea.

ICO


Definition: Initial Coin Offering; a fundraising method for cryptocurrencies.

  • An ICO allows companies to raise money by selling tokens.
  • Many tech startups use ICOs to fund their projects.
  • Investors should research before participating in an ICO.

DAO


Definition: Decentralized Autonomous Organization; a type of organization represented by rules encoded as a computer program.

  • The DAO allows members to vote on decisions.
  • He invested in a DAO to support new projects.
  • Understanding a DAO can be complex but rewarding.

Governance Token


Definition: a digital asset used to vote on decisions in a decentralized organization

  • Governance tokens allow holders to influence decisions.
  • She received governance tokens for her participation.
  • Using governance tokens can empower community members.

Bullish


Definition: Optimistic about the future, especially in finance.

  • He is bullish about the stock market's recovery.
  • Her bullish attitude encouraged the team.
  • Many investors are bullish on technology stocks.

Bullish in a sentence


Bearish


Definition: Indicating a decline in prices, especially in the stock market.

  • The analyst gave a bearish forecast for the economy.
  • She felt bearish about her investments.
  • Being bearish means expecting lower prices.

Bearish in a sentence


Market Sentiment


Definition: The overall attitude of investors toward a particular market or asset.

  • Market sentiment can influence stock prices.
  • Reports indicated positive market sentiment this month.
  • Understanding market sentiment helps predict trends.

Arbitrage


Definition: The practice of buying and selling assets to profit from price differences.

  • Arbitrage opportunities can occur in financial markets.
  • She studied arbitrage strategies in her economics class.
  • Understanding arbitrage can lead to investment gains.

Arbitrage in a sentence


Due Diligence


Definition: The careful review and consideration of important information.

  • Due diligence is necessary before making big decisions.
  • He conducted due diligence before investing in the company.
  • Performing due diligence helps prevent mistakes.

Sentiment Analysis


Definition: the use of natural language processing to determine emotional tone

  • Sentiment analysis helps businesses understand customer opinions.
  • They used sentiment analysis to evaluate social media reactions.
  • Understanding sentiment analysis is important for marketing strategies.

Cryptoeconomics


Definition: The study of economic principles in the context of cryptocurrencies and blockchain.

  • Cryptoeconomics helps design secure networks.
  • He studied cryptoeconomics for his thesis.
  • Understanding cryptoeconomics is crucial for blockchain projects.

Digital Asset


Definition: Any item of value stored in a digital format, such as images or documents.

  • Her digital assets include photos and videos.
  • They discussed how to manage digital assets for businesses.
  • Understanding digital assets is important for online presence.

Trustless


Definition: Describing a system where trust is not required between parties, often in technology or finance.

  • The trustless environment of blockchain technology enables secure transactions.
  • He preferred trustless systems for online exchanges.
  • In a trustless setup, verification is handled by the network.

Fungible


Definition: Interchangeable; able to be replaced with something else of the same type.

  • Currency is fungible because any dollar bill can replace another.
  • Fungible assets can be traded easily in the market.
  • They discussed the concept of fungible goods in class.

Fungible in a sentence


Non-fungible


Definition: not able to be exchanged on a one-to-one basis

  • A non-fungible token represents a unique digital item.
  • The concept of non-fungible assets is gaining popularity.
  • Understanding non-fungible items can be valuable in art and collectibles.

Consensus Mechanism


Definition: The process by which a group comes to an agreement.

  • The consensus mechanism is crucial for decision-making.
  • They discussed the consensus mechanism used in the project.
  • A strong consensus mechanism ensures fair outcomes.

Double Spending


Definition: The risk of spending the same digital currency more than once.

  • Double spending can undermine the value of digital currency.
  • He learned about double spending in his economics class.
  • Preventing double spending is crucial for cryptocurrency security.

Byzantine Fault Tolerance


Definition: the ability of a system to continue functioning despite failures

  • Byzantine fault tolerance is crucial in distributed systems.
  • They studied Byzantine fault tolerance in computer science.
  • Understanding Byzantine fault tolerance helps improve reliability.

Atomic Swap


Definition: a method of exchanging cryptocurrencies between different blockchains

  • Atomic swaps allow users to trade coins without intermediaries.
  • He explained how atomic swaps work in his presentation.
  • The technology behind atomic swaps is innovative.

Hash Function


Definition: A mathematical algorithm that transforms data into a fixed-size hash value.

  • The hash function ensures quick data retrieval.
  • He learned how hash functions work in programming.
  • Using a secure hash function is vital for cybersecurity.

Hash Function in a sentence


Merkle Tree


Definition: A data structure used in computer science and cryptography, consisting of hashes.

  • The Merkle tree helps verify data integrity.
  • They studied the Merkle tree for blockchain technology.
  • Understanding Merkle trees is important for secure transactions.

Block Reward


Definition: A reward given for mining a block in blockchain.

  • The miner received a block reward for his work.
  • Block rewards encourage people to mine effectively.
  • Understanding block rewards is key to blockchain economics.

Transaction Fee


Definition: A charge applied for processing a transaction.

  • There is a small transaction fee for online payments.
  • He was surprised by the transaction fee on his account.
  • Understanding transaction fees is important for budgeting.

Deflationary


Definition: Related to or causing deflation; reducing prices.

  • Deflationary policies can impact growth.
  • The government implemented deflationary measures.
  • He studied deflationary trends in his finance class.

Deflationary in a sentence


Inflationary.


Definition: Another term relating to inflation; causing or characterized by inflation.

  • The inflationary policies raised concerns among economists.
  • They discussed the inflationary aspects of the market.
  • Inflationary pressures can lead to higher costs.


Vocabulary Words Every Crypto Technical Lead Should Know | English C2 Level (Proficiency / Mastery)

8 Word


Tokenomics


Definition: the study of the economics surrounding tokens

  • Tokenomics helps investors understand value and utility.
  • He learned about tokenomics for his cryptocurrency project.
  • Understanding tokenomics is crucial for successful token launches.

Hashing


Definition: The process of converting data into a fixed-size string of characters.

  • Hashing is used for secure data storage.
  • The system performs hashing to protect sensitive information.
  • She learned about hashing techniques in her computer class.

Hashing in a sentence


Nodes


Definition: Points in a network or structure, often used in computing or biology.

  • The nodes in the network help connect devices.
  • She studied the nodes in the ecosystem for her project.
  • Each node represents a point of connection.

Authentication


Definition: The process of verifying identity or access.

  • Authentication is essential for online security.
  • He set up two-factor authentication for his accounts.
  • The system requires authentication before granting access.

Authentication in a sentence


Permissionless


Definition: Referring to a system that does not require approval for access or participation.

  • A permissionless blockchain allows anyone to join.
  • He preferred the freedom of a permissionless network.
  • Understanding permissionless systems can encourage innovation.

Immutable


Definition: unable to be changed

  • The laws of physics are often seen as immutable.
  • Her decision was immutable, and she stood by it.
  • They believed in the immutable nature of truth.

Immutable in a sentence


Pseudonymous


Definition: using a false name; anonymous

  • The author remained pseudonymous to protect privacy.
  • Pseudonymous works can still gain popularity.
  • He published his book under a pseudonymous identity.

Pseudonymous in a sentence


Asset Tokenization


Definition: The process of converting assets into digital tokens.

  • Asset tokenization can make investments more accessible.
  • They discussed the benefits of asset tokenization.
  • Understanding asset tokenization is key in finance.


The word usage examples above have been gathered from various sources to reflect current and historical usage of the word . They do not represent the opinions of TranslateEN.com.

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