Most used abbreviations in the cryptospace (newby guide)

As we welcome newcomers everyday to this sub it's nice to have a all you need to know abbreviations guide to get them started. When i first started reading up things (because DYOR) i came across terms i've never heard of. So here are some of the most common abbreviations you will come across while doing research about cryptos.

I hope this list can help new people coming in and maybe help some people that are just lost in all the jargon people use. I've put sections in the list to also help make the list easier to read. Maybe i missed some, so if anyone want anything added, comment and i will update it!

Abbreviations for Regulatory Commissions:

• SEC – Securities and Exchange Commission
• FTC – Federal Trade Commission
• CFTC – Commodity Futures Trading Commission
• FDIC – Federal Deposit Insurance Corporation

• DOJ – Department of Justice

  Like standard currency, cryptocurrency is regulated by various bodies and commissions. These organizations create regulations to avoid fraud and illegal schemes (for the most part).

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Conversational Cryptocurrency abbreviations:

• BUIDL – “Build” (purposeful misspelling for ironic meaning)
• FOMO – Fear of Missing Out
• HODL – Hold On for Dear Life (purposeful misspelling of “HOLD")
• BTD or BTFD – Buy The Dip or Buy the F****** Dip
• DYOR – Do Your Own Research
• FUD – Fear, Uncertainty, Doubt
• FUDster – A person who spreads Fear, Uncertainty, and Doubt
• ELI5 – Explain It Like I’m 5
• JOMO – Joy of Missing Out
• KYC – Know Your Customer
• Lambo – Lamborghini (cryptocurrency term for getting rich)
• TLT – Think Long Term
• OCO – One Cancels the Other
• AMA – Ask Me Anything
• REKT – “Wrecked” (meaning major losses)
• TOR – The Onion Router (one who sends anonymous data)
• CT – Crypto Twitter

Because every online community has their own slang and jargon, we are no different. Read up on cryptocurrency slang that you might need when conversing with others.

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Financial abbreviations:

• AML – Anti-Money Laundering
• ATH – All-Time High
• ATL – All-Time Low
• ALT or Altcoin – Alternative Cryptocurrency (cryptocurrency other than Bitcoin)
• CEX – Centralized Exchange
• CMC – Coinmarketcap
• DAICO – Decentralized Autonomous Initial Coin Offering
• DCA – Dollar Cost Averaging
• DeFi – Decentralized Finance
• DEX – Decentralized Exchange
• DLT – Distributed Ledger Technology
• ERC-20 – Token standard for Ethereum
• ERC-721 – Token standard for NFT (non-fungible tokens)
• ETF – Exchange-Traded Fund
• ETP – Exchange-Traded Product
• FIAT – Conventional government-issued currency (e.g. US Dollar, Euro)
• IBO – Initial Bounty Offering
• ICO – Initial Coin Offering
• ITO – Initial Token Offering
• mBTC – Millibitcoin (0.001 BTC)
• MCAP – Market Capitalization
• PnD – Pump-and-Dump scheme
• OTC – Over the Counter
• SATS – Satoshis (the smallest denomination of a Bitcoin: 0.00000001 BTC)
• STO – Securities Token Offering
• TPS – Transactions Per Second
• Tx – Transaction
• TxID – Transaction Identification
• uBTC – MicroBitcoin (0.000001 BTC)
• UXTO – Unspent Transaction

The ultimate objective os using cryptocurrency is to make money (we mostly say that we're in it for the technology). Most of the above abbreviations are combined slang from economic markets.

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Technical abbreviations:

• 2FA – Two Factor Authentication
• Addy – Address
• API – Application Programming Interface
• ASIC – Application Specific Integrated Circuit
• BFA – Brute Force Attack
• Bech32 – Bitcoin address format (also known as bc1 addresses)
• CPU – Central Processing Unit
• BFT – Byzantine Fault Tolerance
• DAG – Directed Acyclic Graph
• DAPP or dApp – Decentralized Application
• DDoS – Distributed Denial of Service
• DEVCON – Developers Conference
• GPU – Graphical Processing Unit
• IPFS – Interplanetary Files System
• PKI – Public Key Infrastructure
• Multi-sig – Multi-Signature
• NONCE – Number Used Only Once
• SHA-256 – Secure Hash Acronym (256-bit)
• WWDC – Worldwide Developers Conference

Cybersecurity is a major element of using your cryptocurrency the best you can. Above are the most used abbreviations that developers and users can use.

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Blockchain and network Abbreviations:

• BIP – Bitcoin Improvement Proposal
• BTM – Automatic Teller Machine for Bitcoin
• DAO – Decentralized Autonomous Organization
• DPoS – Delegated Proof of Stake
• EEA – Enterprise Ethereum Alliance
• EIP – Ethereum Improvement Proposal
• ERC – Ethereum Request for Comments
• EVM – Ethereum Virtual Machine
• FA – Fundamental Analysis
• LN – Lightning Network
• MACD – Moving Average Convergence Divergence
• MoE – Medium of Exchange
• P2P – Peer to Peer
• PoA – Proof of Authority
• PoB – Proof of Burn
• PoD – Proof of Developer
• PoS – Proof of Stake
• PoW – Proof of Work
• SC – Smart Contract
• SegWit – Segregated Witness
• SoV – Store of value
• TA – Technical Analysis or Trend Analysis
• UoA – Unit of Account
• UTC – Coordinated Universal Time
• WP – Whitepaper

• YTD – Year to Date

  Above are the most commonly used terms when referring to blockchains or trading networks.