light paper

WENN Digital, the company licensing Kodak's name to do an initial coin offering, sent emails to prospective investors Thursday with a link to a "light paper" detailing its plan for KodakCoin.

2018 March 18, Lily Katz, “Kodak's Crypto Coin Might Not Be a Security ... Or It Might Be”, in Bloomberg, New York, N.Y.: Bloomberg L.P., →ISSN, →OCLC, archived from the original on 2023-12-17:

There are many ICOs in our data sample that provide only the lightpaper version of their whitepaper. The lengthiest whitepaper in our data sample exhibits almost 300 pages, whereas the shortest one is just a single page lightpaper.

2023 March, Niranjan Sapkota, Klaus Grobys, “Fear sells: On the sentiment deceptions and fundraising success of initial coin offerings”, in Journal of International Financial Markets, Institutions and Money, volume 83, Amsterdam: Elsevier, →DOI, →ISSN, →OCLC, page 5:

(chiefly cryptocurrencies) A short white paper; a brief factual report detailing a new product or technology.


mainnet

Although 1G ~ 3G Blockchain technologies are all composed of independent mainnets, certain problems remain unresolved. For example, at present, information or data generated by each Blockchain cannot be exchanged with another Blockchain as mentioned earlier, and some immediate problems should be addressed to ensure a safer and more efficient exchange of data between the Blockchain platforms.

2020 October 27, Seong-Kyu Kim, Jun-Ho Huh, “Autochain platform: expert automatic algorithm Blockchain technology for house rental dApp image application model”, in EURASIP Journal on Image and Video Processing, volume 47, Berlin, Heidelberg: SpringerOpen, →DOI, →ISSN, →OCLC, page 2:

(cryptocurrencies) A large and established network of servers able to facilitate cryptocurrency transactions.


testnet

Though realistic experimental setups such as testnets aim to address these challenges to a degree, properly testing and evaluating such systems remains a challenging endeavour.

2023, Martijn de Vos, Georgy Ishmaev, Johan Pouwelse, Stefanie Roos, “A Deployment-First Methodology to Mechanism Design and Refinement in Distributed Systems”, in 2023 IEEE International Conference on Pervasive Computing and Communications Workshops and other Affiliated Events (PerCom Workshops), Atlanta, G.A.: IEEE, →DOI, →ISBN, page 472, column 1:

(cryptocurrencies) A network of servers able to facilitate cryptocurrency transactions, created for the purpose of testing or experimentation.


block time

en-noun

block time (countable and uncountable, plural block times)

(cryptocurrencies) The average time it takes for the network to generate one extra block in the blockchain.


GFT

GFT (countable and uncountable, plural GFTs)

From Atari's official website and blog, coined in 2022.

A GFT is a surprise, limited edition, gift-wrapped NFTs designed to delight – on any occasion.

2022 January 27, “Atari is celebrating it’s 50th anniversary with giftable NFTs”, in New Musical Express:

Purchasers can either keep their GFT for themselves, or alternatively, and as their title suggests, they can gift the suspense-filled digital asset to a friend.

2022 February 1, “Atari Combine NFTs with Loot Boxes in New ‘GFT’ Collection”, in NFT Plaza:

(cryptocurrencies, technology, neologism) Initialism of gift-fungible token.


(Internet slang, cryptocurrencies) to the moon


multisig

Clipping of multisignature. By surface analysis, multi- + sig (“signature”).

surf

Security firm Check Point believes the attacker identified multisig signers responsible for approving transactions and hacked their devices through the use of malware, phishing, or a supply chain attack.

2025 February 24, Eduard Kovacs, “$1.5 Billion Bybit Heist Linked to North Korean Hackers”, in SecurityWeek:

cryptocurrency wallet
cryptocurrency wallet#Noun

(cryptocurrencies) Of a cryptocurrency wallet: requiring two or more signatures from different private keys in order to complete a transaction.


multisig

Schroé describes Spiderchains as a decentralized network of multisigs, similar in concept to the Lightning Network but using a different architecture.

2024 June 7, “Proof-Of-Stake On Bitcoin? Discussing Botanix's Spiderchains”, in Bitcoin Magazine, archived from the original on 2024-06-08:

(cryptocurrencies) A multisig cryptocurrency wallet.


cross-chain

LL-Q1860 (eng)-Flame, not lame-cross-chain.wav

cross-chain consensus

(cryptocurrencies) Occurring one more than one blockchain.


穩定幣

ㄨㄣˇ ㄉㄧㄥˋ ㄅㄧˋ

ㄨㄣˇ ㄉㄧㄥˋ ㄅㄧˋ

/wən²¹⁴⁻²¹ tiŋ⁵¹⁻⁵³ pi⁵¹/

/wɐn³⁵ tɪŋ²² pɐi̯²²/

/wən²¹⁴⁻²¹ tiŋ⁵¹⁻⁵³ pi⁵¹/

/wɐn³⁵ tɪŋ²² pɐi̯²²/


CEX

All these issues stand as a backdrop to the ongoing battle between CEX and DEX environments. Regulatory and security concerns punctuate the growing need for traders to maintain custody of their assets and comply with regulators. Where CEXs often provide convenience for traders, they often come with security/seizure risk.

2024 April 10, Alex Wearn, “CEXs vs. DEXs: The Future Battle Lines”, in CoinDesk:

(cryptocurrencies) Abbreviation of centralized exchange.


hardware wallet

en-noun

hardware wallet (plural hardware wallets)

(cryptocurrencies) A physical electronic device that stores a user's private keys for cryptocurrencies.


jeetery

(slang, derogatory, cryptocurrencies) The practice of an investor who sells off their holdings at the slightest hint of a downturn.


warm wallet

The warm wallet then distributes the incoming funds to either the hot storage wallet or cold storage wallet, depending on the exchange's need […].

2020, Lorne Lantz, Daniel Cawrey, Mastering Blockchain, O'Reilly, →ISBN, page 136:

Bybit said the hack occurred when the company was making a routine transfer of Ethereum from an offline “cold” wallet to a “warm” wallet, which covers its daily trading.

2025 February 23, Joanna Partridge, “Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’”, in The Guardian, →ISSN:

cryptocurrency wallet
cryptocurrency wallet

(cryptocurrencies) A cryptocurrency wallet that can only send to predetermined addresses.


TradFi

But we are rapidly reaching the point where the crypto ecosystem poses risks to mainstream markets, or what the crypto community would gratingly call “TradFi”.

[2025 June 7, Katie Martin, “Why we should worry about the rise of stablecoins”, in FT Weekend, The Long View, page 18:

(cryptocurrencies) Syllabic abbreviation of traditional finance.