Crypto For Girls

What, like it’s hard? 🤷‍♀️
Our beginner’s guide takes the confusion out of crypto 🙌
Founded by @tatianakoffman 👩🏻‍🔧

[Crypto For Girls @CryptoForGirls]

ARBITRAGE

»noun«

Buying an asset in one market and simultaneously selling it in another market at a higher price, taking advantage of temporary differences in price across exchanges.

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MARKET CAPITALIZATION

»noun«

In crypto, the market cap is the total value of all coins held in a particular cryptocurrency. It is calculated by multiplying the number of coins in circulation by the current market price of one coin.

[Crypto For Girls @CryptoForGirls]

ROI

»abbreviation«

ROI means Return on Investment. This is the amount of money gained from an investment, proportionate to the initial investment. (i.e., 100% ROI means someone doubled their money).

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SMART SECURITIES 

»noun«

Smart securities are a kind of financial security. They’re a digital representation of an asset that can be traded. They’re often called programmable securities and rely on a distributed ledger or blockchain technology to establish their terms.

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FINANCIAL SECURITIES

»noun«

A term used to describe stocks, bonds and other financial instruments representing the right to receive a future benefit.

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DIGITAL ASSET

»noun«

An asset that exists in the digital versus the real world (such as your airmiles) OR a digital representation of an asset in the real world. This can include digital representations of stock ownership, house ownership and much more.

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REAL ASSET

»noun«

An asset is a tangible resource that holds some economic value, like a car or a house.

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STABLECOINS

»noun«

Cryptocurrencies that are pegged to a real world asset, like precious metals or fiat currencies.

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SMART CONTRACT

»noun«

Smart contracts are digital agreements with the terms between parties written directly into lines of code, making them self-executing.

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ETHEREUM

»noun«

Ethereum is a blockchain-based network, like Bitcoin, with the addition of Smart Contracts. It has its own currency, called Ether, which can be transferred between accounts and used to reimburse its networked computers for performing computations.

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DISTRIBUTED (SYSTEM)

»noun«

A distributed system is a system with components that are divided among different computers. These components interact with each other to achieve a common goal. Distributed systems are often used to solve computational problems.

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PRIVATE KEY

»noun«

A code that encrypts and decrypts information so that you can access and use the coins in your wallet. Keep this in a safe place - if you lose your private key, there is no way to access your money!

[Crypto For Girls @CryptoForGirls]

PRIVATE KEY

»noun«

A code that encrypts and decrypts information so that you can access and use the coins in your wallet. Keep this in a safe place - if you lose your private key, there is no way to access your money!

[Crypto For Girls @CryptoForGirls]

WALLET

»noun«

Here is where you store your coins, tokens or cryptocurrencies. Wallets come in many forms, whether it be a physical device or digital code. A hot wallet is connected to the internet, while a cold wallet is offline and needs to connect to a computer for access.

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EXCHANGE

»noun«

This is a digital marketplace where you can exchange one cryptocurrency for another, buy and sell coins, and trade fiat money into crypto. Common examples include Coinbase, Gemini and Binance.

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ALTCOIN

»noun«

An alternative to a mainstream coin like Bitcoin. There are over 1500 altcoins currently in the market. Examples include Ripple, Stellar and EOS.

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Yas, #queen 👸

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MINING

»verb«

Mining is the process of verifying transactions before they are added to the blockchain. Miners are rewarded with coins from the blockchain their work on, for example bitcoin. Think of this as camp duty at burning man.

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They say, "Which one?" I say, "Nah, I want all of 'em" 👑 #girlpower

[Crypto For Girls @CryptoForGirls]

After interviewing over a 100 amazing women in #blockchain, these are the top 10 tips for breaking into the industry! Thank you @ariannahuff and the @thrive team for publishing! Co-authored by @rosenzweig_company #womeninSTEM #womenintech #cryptoforgirls

https://t.co/IVxLS4VIPM