Decryptopedia™

Terms that start with “H”

1. Halving

   The halving reduces the rate at which new bitcoin is created, specifically reducing block rewards, and in effect, reducing the incentive for miners to continue their work of securing the network.

2. Hard Fork

   A Hard Fork is a permanent split of a blockchain into two separate networks that will coexist simultaneously, running in parallel, but not affecting one another.

3. Hardware Wallet

   A type of cryptocurrency wallet that’s based on a physical device, such as a USB thumb drive with buttons and a screen, that stores your private keys to your cryptocurrency funds. A hardware wallet is considered a cold wallet in that it isn’t connected to the Internet, keeping your wallet (and wallet funds) away from hackers and theft.

4. Have Fun Staying Poor

   A slang catchphrase you’ll most likely encounter on social media insulting you for making the wrong decision.

5. Hayden Adams

   Hayden Adams is best known as the creator of the decentralized exchange and protocol called Uniswap.

6. Herd Mentality

   Herd Mentality or hive mentality describes how humans pay too much attention to what others say or do, and they allow that collective behavior to influence their own thoughts and actions. It’s basically jumping off a cliff because everyone else is doing it. Rational thought goes out the window. Emotion and gut feelings take over. […]

7. HODL

   Hodl means to hold the line, don’t sell. What started out as a typo of the word “hold” in a late-night message board discussion from the dark ages of 2013, has since turned into the mission statement and trading philosophy, and investment strategy for many cryptocurrency traders. The term describes holding onto your cryptocurrency for the long-term and never selling along the way, even when the market turns volatile and prices start to drop.

8. Hodler

   Hodlers are long-term holders of a cryptocurrency, who buy and hold regardless of price.

9. Hot Wallet 

   A Hot Wallet is a cryptocurrency wallet that is connected to the Internet. Wallets can be classified as either hot or cold. Hot simply means that a wallet is connected to the Internet, perhaps because it’s a wallet at a centralized cryptocurrency exchange or a wallet offered as a web browser extension on your desktop […]