Acronyms

In the crypto and blockchain space, acronyms are everywhere. That’s why Nugget’s News has categorised over 130 of them. Acronyms is the perfect resource for crypto beginners. (Use it together with the Nugget’s News glossary of cryptocurrency terms.)

Architecture

AMM – Automated Market Maker
DAG – Directed Acyclic Graph
DAO – Decentralised Autonomous Organisation
DApp – Decentralised Application
DEX – Decentralised Exchange
HTLC – Hashed Timelock Contract
IPFS – InterPlanetary File System
L1 – Layer One
L2 – Layer Two
NFT – Non-Fungible Token
P2P – Peer-to-Peer
PKI – Public Key Infrastructure
SMR – State Machine Replication
TCR – Token Curated Registry
TPS – Transactions Per Second
TXID – Transaction ID
UTXO – Unspent Transaction Output
ZKP – Zero-Knowledge Proof
zkSNARK – Zero-Knowledge Succinct Non-Interactive Argument of Knowledge

Bitcoin

BIP – Bitcoin Improvement Proposal
BTC – Bitcoin
DLC – Discreet Log Contract
LN – Lightning Network
LND – Lightning Network Daemon
MAST – Merkelised Abstract Syntax Tree
P2SH – Pay To Script Hash
P2WPKH – Pay To Witness Public Key Hash
P2WSH – Pay To Witness Script Hash
P2TR – Pay to Taproot
SegWit –Segregated Witness
SHA – Secure Hash Algorithm
UASF – User-Activated Soft Fork

Consensus

BFT – Byzantine Fault Tolerance
DBFT – Delegated Byzantine Fault Tolerance
DPoS – Delegated Proof of Stake
GHOST – Greediest Heaviest Observed Subtree
GRANDPA – GHOST-based Recursive ANcestor Deriving Prefix Agreement
PBFT – Partial Byzantine Fault Tolerance
PBFT – Practical Byzantine Fault Tolerance
PoA – Proof of Authority
PoS – Proof of Stake
PoW – Proof of Work

Ethereum

DeFiDecentralised Finance
EEA – Enterprise Ethereum Alliance
EF – Ethereum Foundation
EIP – Ethereum Improvement Proposal
EOA – Externally Owned Account
ERC – Ethereum Request for Comments
ETH – Ether
EVM – Ethereum Virtual Machine
WETH – Wrapped Ether

Finance

ACH – Automated Clearing House
APR – Annual Percentage Rate
ETF – Exchange-Traded Fund
ETP – Exchange-Traded Product
IRA – Individual Retirement Account
MoE – Medium of Exchange
SoV – Store of Value
SMSFSelf-Managed Superannuation Fund
UoA – Unit of Account

Fundraising

DAICO – Decentralised Autonomous Initial Coin Offering
ICO – Initial Coin Offering
IDO – Initial DEX Offering
IEO – Initial Exchange Offering
IFO – Initial Future Offering
IICO – Interactive Initial Coin Offering
MTO – Micro Token Offering
MTO – Milestone Token Offering
SAFT – Simple Agreement for Future Tokens
STO – Security Token Offering
TBC – Token Bonding Curve

Hardware

ASIC – Application-Specific Integrated Circuit
CPU – Central Processing Unit
GPU – Graphics Processing Unit
HSM – Hardware Security Module
IC – Integrated Circuit

Meme

DYOR – Do Your Own Research
FOMO – Fear Of Missing Out
FUD – Fear, Uncertainty, and Doubt
TL;DR – Too Long; Didn’t Read

Regulation

ADAM – Association for Digital Asset Markets
ADCA – Australian Digital Commerce Association
APRA – Australian Prudential Regulation Authority
ASIC – Australian Securities and Investments Commission
ATO – Australian Taxation Office
ATS – Alternative Trading System
COAG – Council of Australian Governments
CBDC – Central Bank Digital Currency
CFTC – Commodity Futures Trading Commission
COP – Communist Party of Australia
DOJ – Department of Justice
ESMA – European Securities and Markets Authority
FATF – Financial Action Task Force
FINRA – Financial Industry Regulatory Authority
FinCEN – Financial Crimes Enforcement Network
FSA – Financial Services Agency
FSOC – Financial Stability Oversight Council
FVEY – Five Eyes
G7 – Group of Seven
G20 – Group of Twenty
GDPR – General Data Protection Regulation
IRS – Internal Revenue Service
KFTC – Korea Fair Trade Commission
PSD2 – Payment Services Directive
SEC – Securities and Exchange Commission
TARP – Troubled Asset Relief Program

Security

2FA – Two-Factor Authentication
AML – Anti-Money Laundering
BLS – Boneh–Lynn–Shacham
ECC – Elliptic-Curve Cryptography
ECDSA – Elliptic Curve Digital Signature Algorithm
KYC – Know Your Customer
MPC – Multi-Party Computation
PGP – Pretty Good Privacy
RSA – Rivest–Shamir–Adleman
TEE – Trusted Execution Environment
TLS – Transport Layer Security
VPN – Virtual Private Network

Software

API – Application Programming Interface
CSV – Comma-Separated Values
FOSS – Free and Open Source Software
REST – Representational State Transfer
SaaS – Software as a Service
UI – User Interface
UX – User Experience

Trading

AON – All or None
ATH – All-Time High
ATL – All-Time Low
BB – Bollinger Band
DCA – Dollar-Cost Averaging
EMA – Exponential Moving Average
FA – Fundamental Analysis
FOK – Fill or Kill
MACD – Moving Average Convergence Divergence
MVRV – Market Value to Realised Value
NVT – Network Value to Transactions
OCO – One-Cancels-Other
OHLC – Open High Low Close
OTC – Over-the-Counter
PnD – Pump and Dump
ROI – Return on Investment
RSI – Relative Strength Index
SMA – Simple Moving Average
TA – Technical Analysis