• I'm going to start a series of articles where I'll explain the most important and common words in the crypto world. If you want to be an expert or just understand better what you read, this is the perfect place. Here are the first 10 words you should know:

1. Blockchain: This is a chain of blocks where all cryptocurrency transactions are recorded. Think of it as a giant, but digital, ledger, where everyone can see what is happening, but no one can change what is already written.

2. Wallet: This is a digital wallet where you store your cryptocurrencies. There are "hot wallets" (connected to the internet) and "cold wallets" (offline, safer).

3. HODL: This is a term that emerged from a typo of “HOLD.” It is used to describe the strategy of holding your cryptocurrencies for the long term, regardless of market fluctuations.

4. Altcoin: Any cryptocurrency other than Bitcoin. Examples of altcoins include Ethereum (ETH), Solana (SOL), and zkSync (ZK).

5. Token: Similar to a cryptocurrency, but a token can represent many things besides value, such as governance rights in a project, access to a service, or some real-world asset.

6. Staking: This is when you lock your cryptocurrencies on a network to help validate transactions and in return, you receive rewards in the form of more cryptocurrencies.

7. Gas Fees: These are the fees you pay to make transactions on a blockchain network. For example, on Ethereum, you pay gas to transfer funds or interact with smart contracts.

8. Smart Contract: It is a digital contract that is executed automatically when certain conditions are met. It does not require intermediaries, since everything is programmed.

9. DEX (Decentralized Exchange): This is a cryptocurrency exchange that is not controlled by a central company or entity. Everything is handled through smart contracts, such as Uniswap or PancakeSwap.

10. NFT (Non-Fungible Token): It is a unique token that represents a digital or physical asset. Unlike cryptocurrencies, it is not interchangeable 1 to 1, because each one has characteristics that make it different, such as works of art or digital collectibles.

If you have any questions, you can ask me in the comments. And don't forget to support me with a like.