NFTslangs.com

NFTslangs.com

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Bitcoin

What does Bitcoin means?

Bitcoin is a type of cryptocurrency based on a decentralized network. And it’s the most valuable cryptocurrency available today.

Random Slangs

Crypto

This is a short form of cryptocurrency. It’s an ungoverned digital currency backed by a particular blockchain.

Rarities

It determines the level of uniqueness or scarcity of an NFT. Generally, the more scarce an NFT is, the higher its price. Hence, collectors always

DeFi

A short form of “decentralized finance.” DeFi defines technology that gives users control over their financial transactions. However, many DeFi systems operate on the blockchain

Never trust, always verify

A warning to assume that every other person or project on the internet is a scam. Otherwise known as the zero trust in cyber security,

Alpha

Having access to important insider information. For example, one may say “I work at Opensea, so I have Alpha on the new artists that we’re partnering with next month”

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