NFTslangs.com

NFTslangs.com

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Miner

What does Miner means?

An individual who participates in crypto mining. Miners use high-performant GPUs, as the process requires high computing power as more miners join the mining process.

Random Slangs

Bearish

When you believe that a market or asset is heading towards a downward trajectory. For example, “I’m feeling pretty bearish about the P2E gaming space right now.”

Metaverse

The metaverse refers to an immersive virtual world (accessible by wearing a headset) that simulates real-life events, where people can interact regardless of the distance

Proof of Work (PoW)

It’s the short form of Proof of Work—An expensive validation process on the blockchain where miners verify new transactions by solving hash puzzles. This mechanism

Flex

A general term for show-off; refers to bragging about a digital asset. For instance, you can flex your NFT by displaying it as a PFP.

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

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