Glossary of Terms

An ICO (Initial Coin Offering) is an initial token offering, a way of raising funds to launch a crypto project. In essence it is an analog of a public share offering, but in the world of blockchain.

An ICO tracker is a website or service that tracks and collects information about ICOs being launched, helping market participants keep an eye on new token offerings.

An asset is any value or property capable of bringing economic benefit in the future. In the context of cryptocurrencies, an asset refers to coins, tokens and the rights associated with them.

An altcoin is any cryptocurrency other than bitcoin. The term unites thousands of projects: from bitcoin forks to independent blockchains with their own technologies and use cases.

AML (Anti Money-Laundering) is a set of legal and technical measures designed to prevent the legalization of illegally obtained funds through cryptocurrency services and exchanges and to make the industry more transparent.

A 51% attack is a scenario in which more than half of a network's computing power is controlled by a single participant or group, which theoretically makes it possible to manipulate transaction confirmation.

An ASIC is an integrated circuit designed to perform a single task. In mining, such chips are used for the most efficient computation of a specific cryptocurrency algorithm.

An ASIC miner is a cryptocurrency mining device built on specialized ASIC chips. It is tailored to a specific algorithm and is significantly more efficient than universal hardware.

Arbitrage is a strategy based on the price difference of the same asset across different venues. In cryptocurrencies it relies on rate discrepancies between exchanges and requires accounting for fees and risks.

A buy wall is a large order or cluster of buy orders in the exchange order book. It can hold back a price decline and is often used to influence the behavior and psychology of market participants.