• Cryptocurrencies: 8 763

Glossary

Sharding

Sharding is a scaling approach that enables splitting of blockchain states into partitions containing states and transaction history, so that each shard can be processed in parallel.

Shilling

The act of enthusiastically promoting a cryptocurrency or ICO project.

Shitcoin

A coin with no obvious potential value or usage.

Short

A trading technique in which a trader borrows an asset in order to sell it, with the expectation that the price will continue to decline. In the event that the price does decline, the short seller will then buy the asset at this lower price in order to return it to the lender of the asset, making the difference in profit.

Silk Road

An online black market that existed on the dark web, now shut down by the FBI. It had accepted bitcoins for transactions.

Smart contract

A smart contract is a computer protocol intended to facilitate, verify, or enforce a contract on the blockchain without third parties.

Soft Cap

The minimum amount that an initial coin offering (ICO) wants to raise. Sometimes, if the ICO is unable to raise the soft cap amount, it may be called off entirely. *see Hard Cap.

Soft Fork (Blockchain)

A protocol upgrade where only previously valid transactions are made invalid, with most soft forks requiring miners to upgrade their mining software in order to enforce it. *see Hard Fork.

Solidity

The programming language used by Ethereum for developing smart contracts.

Spot

A contract or transaction buying or selling a cryptocurrency for immediate settlement, or payment and delivery, of the cryptocurrency on the market.