How it works

Mining — The process of trying to 'solve' the next block. It requires obscene amounts of computer processing power to do effectively, but is rewarded with ether.

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Crypto-Currency Terms and Slang

Some basic trems and slang from the crypto world.
Crypto
Cryptocurrency
Blockchain
ICO
Ethereum
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Exchange
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FIAT
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FOMO
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Fud
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Fudster
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Hodl
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Lambo
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Mooning
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Whale
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Altcoin
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Tokens
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ICO
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Shilling/Pumping
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Stable Coin
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Pump and Dump
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Bagholder
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Market Cap
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Blockchain
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Node
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Mining Rig
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Fork
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PoW
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PoS
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Sharding
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Storage Wallet
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Hardware Wallet
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Ledger Nano S/Trezor
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Cold Storage
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Smart Contract
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Solidity
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Dapp
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The Flippening
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Gas
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Gas Price
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Wei
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Gwei
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Finney/Szabo
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Raiden Network
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Frontier, Homestead, Metropolis, Serenity
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MEW
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EEA
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DAO
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This is it, Gentlemen
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Private Key
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Public Key
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All the time spent idly, is spent wickedly, and is unfaithfulness to our masters.
Jupiter Hammon
Crime is sexy.
Shia LaBeouf
We don't need a War on Carbon. We need a new prosperity that can be shared by all while still respecting a multitude of real ecological limits - not just atmospheric gas concentrations, but topsoil depth, water supplies, toxic chemical concentrations, and the health of ecosystems, including the diversity of life they depend upon.
Alex Steffen