Bear Market
A bear market is a market condition or state in which there are liabilities and loans, there aren’t enough resources to pay them back, different companies’ stocks are declining in value, and investors lose their money.
Metaschool
DeFi
DeFi stands for Decentralized Finance. It is a peer-to-peer emerging financial technology on secure distributed ledgers similar to those used by cryptocurrencies.
Mempool
Mempool is combined term derived out of the words memory and pool. It is sort of a waiting room to confirm pending transactions. It can also be defined as the mechanism of cryptocurrency nodes for storing information on unconfirmed or pending transactions.
Gwei
Gwei was first used as a denomination of the cryptocurrency Ether (ETH), the digital coin of the famous blockchain Ethereum.
What is Layer 2?
Layer 2 refers to a secondary framework or protocol that is built on top of an existing blockchain system like Layer 1, providing solutions to improve its performance.
GameFi
GameFi is a meshing together of GAMING and blockchain-powered FINANCIALIZATION. Blockchain-based games that allow their players to receive real-world, tradable financial benefits come under the banner of GameFi. Learn more here.
Istanbul Blockchain Week Set to host web3 Heavyweights in Turkey this November
Istanbul Blockchain Week will include an NFT Day, W3E Championships, and the main event, IstanBlock, which will focus on DeFi, trading, DAOs, web3, Venture Capital and regulation.
Rug pull
In the cryptocurrency business, a rug pull occurs when a development team abruptly drops a project and sells or eliminates all of its liquidity.
Tokenomics
Tokenomics is a general term for the characteristics that make a certain cryptocurrency valuable and fascinating to investors. This covers everything from a token’s quantity and issuance method to factors like its usefulness.
Yield Farming
Yield farming is the process of using DeFi to maximize returns on crypto. On a DeFi platform, users may lend or borrow cryptocurrency and also get cryptocurrency in return for the services offered.