I created a really simple dictionary with 200+ entries, word lists by subject and tutorials for beginners.

Check it out at Decryptionary.com

Decryptionary is the simplest crypto and blockchain dictionary.

It's my passion project. I've created it for beginners who need help getting a basic understanding of crypto and blockchain.

It looks like this question may have already been answered. But just in case, I've got a definition from here: https://decryptionary.com/dictionary/market-capitalization/

"Market Capitalization is a way to rank and judge the size of a cryptocurrency or stock in a company. The total dollar value is calculated by taking the total supply and multiplying it by the price. For example, if bitcoin is worth $4,000 and there are 16,500,000 coins in existence, that means its market cap is $66,000,000,000 or $66 billion." -Decryptionary

I've seen several good definitions here for Pump and Dump.

Here's my own definition from https://decryptionary.com/dictionary/pump-and-dump/

An illegal manipulation tactic where people increase the price of a stock (the pump) so that they can sell it at those high prices for a profit (the dump). The person creating the pump and dump must first own some of the asset. Then they convince others to buy the asset with exaggerated or fake news causing the price to rise. At that point, they sell what they own. With no one promoting the asset, prices drop and many people are left with worthless assets and wasted money.

"Pump and dump" is often said in the crypto space to mean sharing news in forums (like this) and chat groups like Telegram to encourage people to buy a crypto. Then as more people begin buying, the price rises and sellers can get rid of their coins to these new buyers at a profit. Because the SEC is not yet regulating the crypto space, it is not illegal.

Hm... Doesn't really seem like you explained "blockchain" to anyone. If someone wants to learn about the blockchain, I'd like to provide the following information:

Blockchain is technology for creating permanent, secure digital recordings that don’t rely on any single person or group. Blockchains can record any information, though the first example was created to record bitcoin transactions.

Imagine the blockchain as a book of records. Each page in that book, is a block, and can record anything. Blocks are created one after the other, chained to each other creating what we know as the blockchain.

Multiple blockchain records are maintained simultaneously by a large group of unrelated individuals and their computers, making it cloud storage on steroids. Updates are seen immediately and manipulation is extremely difficult/impossible.

This comes from my website, Decryptionary.com

I've got some information on mining difficulty in my crypto and blockchain dictionary, decryptionary.com.

Check it out at: https://decryptionary.com/dictionary/mining-difficulty/

It's a simple, concise version of pretty much everything said in this post.

Defining BTC is definitely possible.

I got into crypto early 2017 and got pretty stuck trying to understand it. After 6-8 weeks of research, I created Decryptionary.com

Decryptionary is the simplest crypto resource. It explains what "bitcoin" is in approximately 100 words. It has visuals. It also has a dictionary with 200+ other entries.

For the guys who want to learn how to buy their first BTC or altcoins, I have super simple and visual walkthroughs.

For the guys who want to figure it out themselves, I have word lists by subject.

It's a growing thing. But I think it will help others.

I noticed that this is an older thread. But for any new guys who are looking to gain a basic understanding of crypto and their underlying technology, blockchain. I created a really simple website, Decryptionary.com

Decryptionary is the simplest crypto and blockchain resource. It includes a dictionary with 200+ definitions, word lists by subject, and visual walkthroughs to help them participate.

All of it is free, and there is no investment advice.

Yep check this out, 99 words:

Blockchain is technology for creating permanent, secure digital recordings that don’t rely on any single person or group. Blockchains can record anything, though the first example was created to record bitcoin transactions.

Imagine the blockchain as a book of records. Each page in that book, is a block, and can record anything. Blocks are created one after another, chained to each other creating what we know as the blockchain.

Multiple blockchain records are maintained simultaneously by a large group of unrelated individuals and their computers, making it cloud storage on steroids. Updates are immediate and manipulation is extremely difficult.

It comes from my website, Decryptionary.com - The simplest crypto and blockchain dictionary.

It also includes easy visual walkthroughs and word lists by subject.

I'm late to this conversation. But for anyone else who is new to crypto and wants to embrace the crypto world, I'd like to suggest you check out my website, Decryptionary.com

It is the simplest crypto and blockchain dictionary. It has 200+ definitions, silly stick-figures, and visual walkthroughs to help new guys understand the subject, get their first crypto, diversify and protect their investment.

IMHO, the expansion of crypto is fundamentally hindered by the following 3 problems:

• Confusion on technical terms example: blockchain, SHA256, node.
• The lack of a simple way for people to get into crypto. Only Coinbase exists for now.
• The lack of a secure and easy way for users to secure their crypto while still keeping it accessible.

I'm addressing the first problem with my website, Decryptionary.com where I define 200+ words including the 3 mentioned earlier.

I also wrote walkthroughs at https://decryptionary.com/what-is-cryptocurrency/ These walkthroughs help people understand crypto and participate in them without investment advice.

Hey OP, I wrote a really simple article on protecting your crypto. I write about the vulnerabilities of exchanges and some steps you can take to securing your accounts.

Check out these 8 Steps to Protecting Your Crypto https://decryptionary.com/what-is-cryptocurrency/8-steps-protecting-cryptocurrency/

I use blockfolio to easily see the USD change in value even if I am trading against bitcoin.

I've got more tips in my walkthrough: https://decryptionary.com/what-is-cryptocurrency/introduction-to-cryptocurrency/

Hey that's good. I might have to quote you in my crypto and blockchain dictionary, Decryptionary.com

This is a pretty fantastic resource you made here OP! If you don't mind, I'd like to use it as a resource in adding to and updating some of my definitions in Decryptionary.com?

I've done quite a bit of digging into what a blockchain is. After looking at many respectable sources including Andreas Antonopoulis, I've come up with a pretty solid definition linked below:

https://decryptionary.com/dictionary/blockchain/

This comes from my passion project, Decryptionary. It has 200+ definitions, simple visual walkthroughs and word lists by subject. I'd appreciate honest feedback from the Bitcoin Talk group.

If you are looking for really simple definitions of things like wallet, keys, address, and SPV I'd like to invite you to check out my passion project. It's called Decryptionary and it's the simplest crypto dictionary.

You can find a simple definition of SPV at this link:

https://decryptionary.com/dictionary/simplified-payment-verification/

If you're a beginner, I recommend you check out my walkthroughs. They'll introduce you to crypto, show you how to buy your first coins and keep them safe.

https://decryptionary.com/what-is-cryptocurrency/

All of the earlier entries look correct. But if you want to check it out, I've got airdrop defined in my dictionary at

https://decryptionary.com/dictionary/airdrop/

You might be operating on a different definition of Ponzi scheme than the rest of us? Check out my definition at:

https://decryptionary.com/dictionary/ponzi-scheme/

I agree with him. They are used interchangeably. If you're looking for more, I wrote really simple definitions on my website:
https://decryptionary.com/dictionary/token/
https://decryptionary.com/dictionary/coin/

Check it out, I hope it helps

If that definition of blockchain was a bit too intense for you, I wrote a really simple article explaining it over on my website. Check it out at:
https://decryptionary.com/what-is-cryptocurrency/introduction-to-cryptocurrency/

Decryptionary is my passion project, crypto made simple. It's a dictionary with 200+ definitions, super simple walkthroughs and stick-figures to help you get a better understanding.