A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Bagholder

A person who is holding a large quantity of cryptocurrency which is declining in value or becoming worthless

Bakkt

Bakkt is a company developed by the Intercontinental Exchange (ICE), owner of the New York Stock Exchange. It specializes in Futures/Options contracts for cryptocurrencies.

Batch Auction

A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool.

Bearish

A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.

Bear Market

Contrary to bull market, it indicates the direction of the market going for downward trend.

Bitcoin ATM

A machine from which you can buy or sell Bitcoin. Typically also offers different types of cryptocurrencies.

Bitcoin Evangelist

Individuals who are passionate about Bitcoin, and are dedicated in spreading knowlege about Bitcoin

Bitcoin Improvement Proposal (BIP)

Refers to improvement proposals for Bitcoin, used to introduce features or any updates on the Bitcoin network.

BitLicense

Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.

Block

In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.

Blockchain

In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.

Block Confirmation

Refers to the number of confirmation a particular block has. Each block ahead of the referenced block adds one block confirmation to it.

Block Explorer

Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.

Block Height

A number that is used to indicated the position of a particular block within a blockchain

Block Reward

One of the mechanisms built into a blockchain to incentivize validators

Bloodbath

In context of trading, the term bloodbath is commonly used to describe a market which is on a downtrend with many assets suffering from value depreciation.

Bots

Refers to software or programmes that automatically trade based on preset behaviours.

Bounty

Public tasks available for anyone for a reward

BUIDL

An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase

Bullish

A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.

Bull Market

A bull market indicates the direction of the market going in an upward trend.

Burned Tokens

Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.

Buy/Sell Tax

On-chain buy or sell tax rate where a percentage of the tokens bought/sold will be transferred to a set address.

Buy the F***in Dip (BTFD)

An encouraging rally by asset/cryptocurrency supporters to buy during a price decline

Buy Wall

Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.

Byzantine Fault

A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction.

Byzantine Generals’ Problem

A term used to describe the situation a single strategy which requires consensus from all members within a group who cannot be trusted or verified