The latest compilation of professional terminology in the currency circle in 2025. Must-read knowledge for beginners

With the booming development of the currency circle, mastering relevant terminology is crucial for newbies to get started. This article compiles the latest professional terms and terms in the currency circle in 2025, covering blockchain, cryptocurrency, exchanges, mining and other aspects. By understanding these terms, novices can quickly grasp the operating principles and basic knowledge of the currency circle, laying a solid foundation for in-depth understanding and participation in currency circle investments.

Coin Circle Terminology: A Beginner’s Guide

What is Coin Circle?

The currency circle refers to industries related to cryptocurrency, including exchanges, wallets, mining pools, etc.

Core Terms

Blockchain: An immutable digital ledger technology used to record cryptocurrency transactions.
Cryptocurrency: Digital assets that use encryption technology to ensure transaction security and anonymity, such as Bitcoin, Ethereum.
Mining: The process of using computers to solve complex mathematical problems to verify transactions and earn cryptocurrency rewards.
Exchange: A platform for buying and selling cryptocurrencies.
Private Key: Password of the cryptocurrency wallet, used to authorize transactions.
Public Key: A public address paired with a private key used to receive cryptocurrency.
Token: A digital asset based on blockchain technology with a specific function or purpose.
Smart contracts: Self-executing protocols stored on the blockchain that trigger actions when specific conditions are met.
Decentralization: A distributed system where decision-making power is not controlled by a single entity.
Consensus Mechanism: The process of validating transactions and agreeing on the state of the blockchain, such as Proof of Work (PoW) or Proof of Stake (PoS).

Other Common Terms

Altcoin: A cryptocurrency similar to Bitcoin.
Stablecoins: Cryptocurrencies whose value is pegged to fiat currencies or commodities.
FOMO: Fear of missing out, an investment impulse that often leads to impulsive decisions.
FUD: Fear, uncertainty and doubt, an influence tactic that spreads negative emotions.
Airdrop: Free distribution of cryptocurrency or tokens to wallet addresses.
NFT: A non-fungible token that represents a unique identifier for ownership of a unique digital asset.

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