Crypto Glossary

Plain-English definitions of the cryptocurrency, blockchain and trading terms you will meet as you learn.

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F

Fakeout

Fakeout is a sudden and temporary movement that tricks traders into thinking that a new trend is emerging in the market, when in fact it is not.

Fiat

Traditional government-issued currency

Fiat On-Ramp

"Fiat on-ramp" is a method of buying cryptocurrency with fiat or traditional money (fiat).

Flash Loan Attack

Flash loan attacks occur when malicious actors exploit smart contracts.

FOMO (Fear of Missing Out)

Investor psychology based on fear of missing opportunities

Fork

A blockchain split into two versions

Fraud Proof

Fraud Proof is a technological method that acts as a bond in a decentralized environment using Optimistic Rollup (OR).

Front Running

Front Running is when someone who has information about a future transaction adds their own transaction to the queue.

FUD (Fear, Uncertainty, Doubt)

Spreading fear and misinformation

Full Node

They are nodes that download the entire blockchain history to observe and enforce the established rules.

Fully Homomorphic Encryption

Fully Homomorphic Encryption is a type of scheme that allows random computation on encrypted data.

Fungible

The ability to exchange any cryptocurrency or token for another identical cryptocurrency or token.

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Crypto Glossary | EX5 Academy