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.
Related Terms
Dutch Auction
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price.
Whitepaper
An introductory paper to consicely explain an issue and a possible solution on the issue.
Wash Trade
Meaningless back and forth trading between a single party with the aim of inflating trade volume.
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
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