NFTslangs.com

NFTslangs.com

Twitter

Gwei

What does Gwei means?

Gwei is the one-billionth of one ETH (1 ETH is 1000,000,000 Gwei). It’s a denomination of ETH, also called a nanoether, due to its value relative to ETH. Essentially, Gwei is that fraction of ETH taken as its gas price.

Random Slangs

Hashrate

The hashrate measures the mining speed of your CPU per second, and the unit is hash/sec. Thus, miners put in resources to ensure their CPU

Blockchain

The blockchain is a chain of servers containing several nodes that record cryptocurrency transaction ledgers in a decentralized format. The blockchain is difficult to hack

HODL

An acronym for “Hold on to Dear Life.” It actually first appeared as a misspelling of “HOLD” in a 2013 post on bitcointalk.org. The NFT

Royalties

The certain percentage earned from an NFT sale or resale. Royalties might also come as life-long passive income for artists or NFT owners if they

Simp / Simping

A person that desperately seeks a woman’s attention with their cryptocurrency or NFT. Generally, it describes someone who expresses extreme passion towards another person without

Menu Close