noun | dih·zahyn flaw uh·tak
A design flaw attack is like when you're playing Mario Kart and someone finds a shortcut that lets them skip half the track - it's an exploit in a smart contract or blockchain that allows hackers to steal funds or break the system. It's like finding out that your favorite DeFi protocol has a backdoor that leads straight to the developer's wallet.
Example
"I lost all my ETH in a design flaw attack on a yield farming platform that promised 10,000% APY. Turns out, if something sounds too good to be true, it probably is (unless you're the one exploiting the flaw, in which case, good for you, you magnificent bastard)."
"Flash loan attacks are the new hotness in DeFi exploits - it's like taking out a payday loan to rob a bank, except instead of going to jail, you get to keep all the money and laugh at the poor suckers who got rekt. It's a dog-eat-dog world out there, fam."
verb | dee·peg
Depegging is like when your girl leaves you for a dude with a bigger dick - it's when a stablecoin loses its peg to the US dollar and starts trading at a discount. It's like finding out that your "sure thing" investment was actually a one-way ticket to Rekt City.
Example
"I put my entire life savings into UST because I thought it was a safe bet, but then it depegged harder than a mf and now I'm living in a van down by the river. Should've stuck with good old-fashioned shitcoins like DOGE!"
"Tether be like 'we're fully backed by reserves bro trust us' but then they depeg every other week and everyone's like 'this is fine' while their portfolios burn. It's like watching a slow-motion train wreck, but with more memes."
noun | dee·lis·ting
Delisting is like getting kicked out of the cool kids' club - it's when a cryptocurrency gets removed from an exchange, usually because it's a shitcoin or a scam. It's like being told "you can't sit with us" by the popular girls in high school, except instead of losing your social status, you lose all your money.
Example
"I invested my entire paycheck into a new coin that promised to revolutionize the meme economy, but then it got delisted from Binance and now I'm broke as fuck. Shoulda listened to my mom when she told me not to trust strangers on the internet."
"Getting delisted is like the crypto equivalent of being ghosted - one day you're hanging out on Coinbase, making mad gains and feeling like a boss, and the next day you're gone without a trace, leaving bagholders in your wake. Them's the breaks, baby."
noun | deep web
The deep web is like the seedy underbelly of the internet - it's where all the weird, wild, and sometimes illegal shit goes down. It's like the regular web, but darker and edgier, like a 14-year-old's DeviantArt page.
Example
"I accidentally stumbled onto the deep web while trying to torrent the latest episode of Rick and Morty. Next thing I know, I'm in a chatroom with a bunch of dudes trying to sell me fake passports and human organs. I noped the fuck outta there real quick."
"The deep web is where you go when you want to buy drugs, hire a hitman, or find rare Pepes that are too spicy for the normie web. It's like the Wild West of the internet, but with more Bitcoin and less cowboys."
noun | dee·sen·truh·lahyzd aw·guh·nuh·zey·shn
A decentralized organization is like a regular organization, but without all the bureaucratic bullshit and water cooler gossip. It's a group of people who come together to achieve a common goal, except instead of being held together by a shared love of TPS reports and office politics, they're held together by a shared love of cryptography and dank memes.
Example
"I started a decentralized organization with my fellow basement-dwelling neckbeards to overthrow the government and replace it with a DAO-based utopia. So far, all we've managed to do is argue about which anime waifu is best and order a bunch of pizza on the dark web. Baby steps, fam."
"Joining a decentralized organization is like joining a gang, but instead of dealing drugs and doing drive-bys, you're dealing shitcoins and doing dApps. It's all about that thug life, but on the blockchain, ya feel me?"
noun | dee·sen·truh·lahyzd iks·cheynj
A DEX is like a farmers market for shitcoins - it's a platform where you can trade your digital assets without having to go through a centralized authority like Binance or Coinbase. It's like Uniswap, but with less scams and rug pulls (hopefully).
Example
"I lost all my lunch money on a DEX that promised to be the 'next big thing' in DeFi. Turns out, it was just a copy-pasted version of SushiSwap with a shittier UI and more bugs than a New York City apartment in summer. Never trusting a cartoon sushi chef with my funds ever again."
"Trading on a DEX is like playing Russian roulette with your crypto - you never know if you're gonna get a sick 100x gain or get rekt by a flash loan attack. It's all part of the game, baby!"
noun | dank·shaa·ding
Danksharding is like taking a massive bong rip of scalability - it's a proposed upgrade to Ethereum that would make the network faster, cheaper, and more efficient than a crackhead on payday. It's like sharding, but with a dank meme twist that only true galaxy brains can appreciate.
Example
"Danksharding is the key to making DeFi accessible to the masses. Soon, even your grandma will be able to yield farm her pension on Uniswap while playing Bingo at the nursing home."
"Just wait until normies find out about danksharding - they're gonna be FOMOing into ETH faster than a white girl at Starbucks on Pumpkin Spice Latte day."