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Explain Like I'm Five (ELI5)

By CoinGecko | Updated on 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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Related Terms

All-Time-High (ATH)
The highest point (in price, in market capitalization) that a cryptocurrency has been in history.
Public Keys
The alphanumeric string which serves as a public receiving address in cryptocurrencies.
Order Book
An electronic list of all buy and sell orders in an exchange
Public Blockchain
An open sourced blockchain where participation is public and permissionless
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