Glossary
Zero-Knowledge Proof
A cryptographic proof that something is true, without revealing the underlying data.
A zero-knowledge proof lets you prove a statement is true without revealing the information behind it. You can prove you know a password without showing the password.
In crypto it powers privacy coins and zk-rollups, where proofs are used to convince the main chain that thousands of transactions were valid — without the main chain re-executing any of them.
Related terms
Airdrop
Free tokens distributed to wallet addresses, usually to reward early users of a protocol.
AMM
Automated Market Maker — a protocol that prices assets with a formula instead of an order book.
APR vs APY
APR is the yearly rate without compounding; APY includes compounding and is always higher.
ATH
All-Time High — the highest price an asset has ever traded at.
Bear Market
A prolonged decline, conventionally 20% or more from recent highs.
Bull Market
A prolonged rise driven by new demand, easy credit and rising confidence.