Cryptocurrency Terms to Know Before You Invest

Here is a quick guide to cryptocurrency terms. We define technical terms, slang, acronyms, and other jargon related to cryptocurrency.



  • ERC20

    The predominant standard for creating smart contracts on the Ethereum block chain. Others may include ERC 721, ERC888, and more

  • ERC20 TOKEN

    A token issued on the Ethereum platform.

  • ETF

    Exchange Traded Fund. A group of assets that can be bought or sold as a single asset.

  • ETHER

    The native tokens of the Ethereum platform. Required in order to send transactions or execute smart contracts.

  • ETHEREUM

    A cryptocurrency created by Vitalik Buterin that runs on Ether (ETH). Ethereum was the first block chain-based technology to make smart contracts and decentralized applications possible.

  • ENCRYPTION

    Transforming data into unrecognizable code that can only be decoded with the exact decryption key.

  • EVM

    Ethereum Virtual Machine. A testing environment on the Ethereum network for executing smart contracts and promoting security.