Decryption
By CoinGecko | Updated on Mar 03, 2020
Describes the process of decrypting data that was previously encrypted (made unreable) back to a readable form. An example of this would be the conversion of a hash back to its original phrase.
Original phrase (words): Bitcoin is fun
Encrypted phrase (SHA-256): 5A01BA5E208AC4E599F0EDEFF52991644EDF595717E80CB20D9756A85A334D94
Decrypted phrase (words): Bitcoin is fun
You can try it out here: https://passwordsgenerator.net/sha256-hash-generator/
Related Terms
IYKYK
Abbreviation for: if you know you know. The phrase implies that the user has dropped some sort of insider knowledge about a specific experience. Often, the post will have some callback to a particular experience that will instantly stand out to those who are “in the know,” or ironically sharing commonly known information.
Public Keys
The alphanumeric string which serves as a public receiving address in cryptocurrencies.
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
Hey Hey Hey
A term made popular by Carlos Matos who was the spokesperson for the Bitconnect Ponzi. He used it frequently during Bitconnect events to rile up the crowd.
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