Bitcoin related words in simple terms

[Catenaccio]

I will search from big websites to get meaning of glossary and terms.

Terminology
Bitcoin Glossary of Terms
Bitcoin Glossary
Cryptocurrency glossary
A to Z : Cryptocurrency glossary & terms

[Agbamoni]

I believe some other threads already exist but it’s never a bad idea to drop this type of threads since it will help newbies to learn some terms that might help them in their learning journey here in their forum, I’d also suggest you look for similar threads that lacks what you wrote here and add the link at the button of your thread so that newbies can still visit there after going through your own.

One last important thing, I hope you did not copy anything from the internet and display here as your own. I believe you have stayed here long enough to know that plagiarism of any type is not tolerated here in the forum so if you did copy do well to reference it to avoid any issue.

Other threads also exist but it's not pinned so how will a beginner see it and get acquainted with it. Threads like this should be pinned so that beginners will know it exist.

[aysg76]

I don’t get the reason why you would get annoyed for such a thing as spelling mistake. This is a large forum that comprises of people from different languages and as such the non English speakers would definitely make mistakes like this. The two words might be different but clear when it used in this forum or related to bitcoin then you certainly should know what the writer means. So if it see any big thing about this

They might use the prior word but it doesn't have the same meaning and most of the people know that when talking about in that context so I don't think they would confuse those two words.You should know that lightning network is the term when we say about bitcoin related things and you would easily come to know about it when you type bitcoin with it on Google despite you are non native English speaking or not.

[OcTradism]

Other threads also exist but it's not pinned so how will a beginner see it and get acquainted with it. Threads like this should be pinned so that beginners will know it exist.

Accuracy of terms in such threads is unknown. I am very doubtful that terms in this thread are explained correctly.

You can find those terms on Coinmarketcap, Coingecko and technical websites for Bitcoin learning like https://learnmeabitcoin.com/

I would prioritize to choose Coinmarketcap and Coingecko than reading threads wrote by newbies.

One more issue with those threads, they will be abandoned by authors after a while.

[Cantsay]

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Other threads also exist but it's not pinned so how will a beginner see it and get acquainted with it. Threads like this should be pinned so that beginners will know it exist.

If a post should be pinned at the top of beginners and help board it shouldn’t be this thread cause you can easily search google and get the information there but post like Ratimov’s encyclopedia and other compilations that he has made should be the ones to be pinned because it has a lot of information that newbies can learn from.

Another thing, if a newbie is finding it difficult to get info from the forum then they should learn how to use the search button properly, there are ways to use the search options that gives you good results so they should learn it and enjoy their stay here.

[Darker45]

I know there have been a number of Bitcoin or cryptocurrency dictionaries created in the past. You might want to refer to them and compare definitions. Anyway, a few things that you might want to note.

3. Blockchain - Blockchains are decentralized. It is a leger where transactions or blocks which have been validated by miners are recorded. These recorded transactions cannot be altered retroactively once recorded except by altering the subsequent blocks of the block chain.

Blockchains aren't necessarily decentralized. There are centralized blockchains, especially those which are owned by private companies.
 

7. Halving - This occurs usually during a space of four years. It is a period when the amount of Bitcoin available in circulation is halved  therefore causing scarcity which leads to increase in price.

Halving occurs every 210,000 blocks. However, it isn't the "amount of Bitcoin available in circulation" that is halved. What is halved is the block reward for mining.

9. Altcoin - Other types of crypto currencies are classified as altcoins.bitcoin is a crypto currency but is not an altcoin

In other words, anything other than Bitcoin is an altcoin. That includes all those Bitcoin forks.

10. Exchange - This is a platform where Bitcoin transactions can be carried out.consider it as a market place for crypto currencies.

Exchanges aren't simply "platform where Bitcoin transactions can be carried out." Exchanges are platforms where cryptocurrencies could be exchanged with one another or with fiat.