Pegged Currency

A currency whose value is intended to be constant in relation to a certain asset. For instance, 1 USDT is equivalent to 1 USD. Likewise known as a stablecoin.

Satoshi (SATS)

The smallest unit of bitcoin with a value of 0.00000001 BTC.

Off-Chain

All network users can see on-chain transactions because they are recorded on the distributed ledger. Off-chain transactions, however, take place away from the blockchain network

Falling Knife

The term falling knife (also known as "Catching a Falling Knife" or "Catching the Bottoms") refers to the action of buying an asset which is rapidly declining in price.