Crypto Wiki

KYC, or Know Your Customer, is a regulatory process that financial institutions and cryptocurrency platforms use to verify the identity of their users.

Impermanent Loss refers to the temporary loss of value experienced by liquidity providers in automated market makers (AMMs) when the price of their deposited assets fluctuates compared to when they initially deposited them.

The Inter-Blockchain Communication (IBC) Protocol is a standard that allows different blockchain networks to communicate and transfer data and assets between each other. 

The InterPlanetary File System (IPFS) is a peer-to-peer distributed file storage system designed to decentralize the way data is stored and shared on the internet. 

The Internet Computer (ICP) is a blockchain protocol developed by the DFINITY Foundation that aims to extend the functionality of the internet by allowing developers to build decentralized applications (dApps), websites, and services directly on the blockchain. 

Immutability in the blockchain context refers to the characteristic of data that cannot be altered or deleted once it has been recorded on the blockchain. 

An Initial Game Offering (IGO) is a form of crowdfunding specifically tailored for blockchain-based gaming projects.

An Initial DEX Offering (IDO) is a type of token sale conducted through a decentralized exchange (DEX).

An Initial Coin Offering (ICO) is a fundraising mechanism used by blockchain projects to raise capital by issuing new tokens to investors in exchange for cryptocurrencies like Bitcoin or Ether.

A hot wallet is a cryptocurrency wallet connected to the internet, allowing users to send and receive crypto assets quickly.