# Basic Crypto Terms You Should Know

By [Qamar](https://paragraph.com/@2beat) · 2022-08-22

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**ATH:** All Time High

**ATL:** All Time Low

**dApp:** Decentralized Application

**DAO:** Decentralized Autonomous Organization

**DeFi:** Decentralized Finance

**DYOR:** Do Your Own Research

**ERC-20:** Ethereum Network

**ERC-721:** Ethereum Network Standard For Non-Fungible Token

**EVM:** Ethereum Virtual Machine

**Fiat:** Refers to types of Money with the traditional financial ecosystem

**FOMO:** Fear Of Missing Out

**FUD:** Fear, Uncertainty and Doubt

**HODL:** Hold On for Dear Life

**KYC:** Know Your Customer

**NFT:** Non-Fungible Token

**PoS:** Proof-of-Stake

**PoW:** Proof-of-Work

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*Originally published on [Qamar](https://paragraph.com/@2beat/basic-crypto-terms-you-should-know)*