ERC-20
A technical standard for the Ethereum network that is used to issue and implement tokens on the blockchain.
ERC-721
A non-fungible token standard on the Ethereum network.
Edge Server
a server that sits on the perimeter of an established network topology such that it connects directly with infrastructure provided by the public and/or external third parties.
Efficient Market Hypothesis (EMH)
An economic theory that states an asset price trades at a fair price that is based on all available information in the market.
Encryption
The conversion of data or information into a secure code for the purpose of preventing unauthorized access.
Ethereum Virtual Machine (EVM)
A computation engine which acts like a decentralized computer that has millions of executable projects. It acts as the virtual machine which is the bedrock of Ethereum's entire operating structure.
Exchange
A marketplace where users can buy and sell cryptocurrencies or other assets.
Fakeout
An instance where a trader opens a position on an asset that is starting to move, only to have it quickly reverse course or stay flat.
Falling Knife
The action of purchasing an asset when its price is rapidly declining due to an expectation that its price will bounce.
Fear of missing out (FOMO)
The feelings of fear and anxiety that a person gets when they think they might be missing out on a potentially profitable opportunity.
Fear, Uncertainty and Doubt (FUD)
A marketing or propaganda tactic used to instill fear and insecurity in a group of customers, traders or investors.
Fiat
A government issued currency that declared to be legal tender but not backed by any physical commodity.
Fill or Kill Order (FOK)
A buy or sell order that has a stipulation that it must be executed in full immediately or else it will be cancelled.
Finality
The guarantee that a completed cryptocurrency transaction is unable to be altered, reversed or canceled.
First-Mover Advantage (FMA)
An entity’s ability to be better off than its competitors as a result of being the first to bring a service or product into a new market or industry.
Fiscal Policy
The set of rules that describe how authorities adjust the tax rates of a country, which dictates how public funds are collected and used.
Flippening
The word used to describe the the event where the market capitalization of Ethereum (ETH) surpasses the market capitalization of Bitcoin (BTC).
Forced Liquidation
The forcible closure of a traders leveraged position as a result of not fulfilling the necessary margin requirements.
Forex (FX)
The Foreign Exchange Market, which is a global market for the trading of fiat currencies.
Formal Verification
The application of mathematically rigorous proofs in order to ensure certain properties of cryptographic algorithms and blockchain mechanisms.
Full Node
A computer that stores and implements a complete copy of the rules for a blockchain network and participates in the transaction validation process that adds new blocks to a blockchain.
Fundamental Analysis (FA)
Using an assets underlying characteristics and traits as a way to evaluate its intrinsic value.
Fungibility
The ability of a good or asset to be interchanged with other individual goods or assets of the same type
Futures Contract
The standardized version of a legal agreement to buy or sell a particular asset at a predetermined price at a specified time in the future.
Gas
The fee or pricing mechanism used to determine the cost of smart contract operations and transaction on the Ethereum network.
