IYKYK
By CoinGecko | Updated on Jul 14, 2022
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.
Related Terms
Consensus
Consensus is achieved in a blockchain system when all participants agree on the content of the next block that will be added onto the blockchain.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
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