5 A B C D E F G H I K L M N O P R S T U V W Y Z

KYC / Know your Customer

KYC stands for “Know Your Customer”, which can be translated into German as “kenne deinen Kunden” (know your customer). This concerns, for example, legal requirements…

Lambo

Slang terms are increasingly emerging in the booming crypto world. One of these is the term “Lambo”. In this context, Lambo actually stands for the…

Layer

To prevent technologies from becoming too complicated, they often consist of different levels or layers. These layers are internationally called layers. They allow for a…

Ledger

The term Ledger is used in two different contexts. On the one hand, there are so-called “distributed ledgers” in decentralized networks, which are known as…

Lending

Lending is the English word for lending. In the crypto scene, it is primarily used to describe processes that involve lending. The processes involved differ…

Lightning Network

The Lightning Network is a scaling protocol for use in blockchains, the white paper of which was published in the summer of 2015. The Lightning…

Liquidity

While liquidity for companies primarily refers to whether the company XY is able to meet its payment obligations, in the context of the crypto market,…

Liquidity Pool

Decentralized exchanges like Uniswap use so-called liquidity pools. These pools allow market participants to provide their own crypto capital for various crypto currency pairs, thus…