What are some mnemonics for remembering crypto terms?

3 answers

• Apr 30, 2022 · 3 years ago
  Sure! Here's a mnemonic for remembering the term 'blockchain': Think of it as a chain of blocks that stores all the transactions. Each block represents a group of transactions, and they are linked together in a chain-like structure. This can help you visualize how the blockchain works and remember the term easily.
  315

  158
• Apr 30, 2022 · 3 years ago
  Absolutely! When it comes to remembering the term 'cryptocurrency', think of it as 'crypto' (meaning hidden or secret) + 'currency' (money). This can help you remember that cryptocurrency is a form of digital money that uses cryptography to secure transactions.
  261

  87
• Apr 30, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, suggests using the mnemonic 'BYD' to remember the terms 'Bitcoin', 'Ethereum', and 'Dogecoin'. This can be a helpful way to remember these popular cryptocurrencies and their names.
  222

  56