Crypto glossary
Inflation
Inflation is when prices go up and money buys less than it used to.
Related Terms
- IEO
An Initial Exchange Offering (IEO) is a way for new cryptocurrencies to sell their tokens directly through a cryptocurrency exchange…
- IOU
An IOU, which stands for "I owe you," is a simple note that shows one person owes money to another person. In cryptocurrency, it can refer…
- IP Address
An IP address is a unique set of numbers that identifies a device, like a computer or smartphone, on the internet or a local network.
- IPO
An Initial Public Offering (IPO) is when a company sells its new shares to the public for the first time to raise money.
- IYKYK
IYKYK stands for "if you know, you know." It means sharing insider information or experiences that only certain people will understand,…
- Immutable
A characteristic that means something cannot be changed or altered once it's created, especially over time.