Explain Like I'm Five (ELI5)

Von CoinGecko | Aktualisiert am Mar 03, 2020
Stands for “Explain Like I’m 5”, typically used in cases where technical/difficult scenarios are broken down into simple, and easy to understand terms. In a way, the goal is literally explain a concept in a manner that is simple enough for a five-year-old to understand.

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Verwandte Begriffe

Soft cap
Targeted fund raising limit of an ICO
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
Stop-loss order
Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit
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