Crypto Terms: Letter E

What does ELI5 mean?

ELI5 - is an acronym for “explain to me like I’m five”. It's a request to simplify a concept.
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Let's find out ELI5 meaning, definition in crypto, what does ELI5 mean, and all other detailed facts.

ELI5 is an acronym for “explain to me like I’m five”, a phrase often used on various online platforms, particularly among the crypto community. The phrase is often used in discussions about complex terminology and concepts.

Since the crypto ecosystem is constantly evolving and adapting new technologies, there can be many misunderstandings or concepts that are difficult to understand without the right context. The use of the phrase ELI5 helps slow down the discussion and clarity project details in a digestible way.

It is alleged that the phrase originated from a quote by Albert Einstein, stating, “If you can’t explain it to a six-year-old, then you don’t understand it yourself.” The quote means that a person who has a good understanding of a concept or any other thing should be able to explain it in the simplest way possible so that even a child can understand it.

The acronym is also related to a quote from the American TV series The Office where the phrase “Why don’t you explain it to me like I’m five” was frequently used. Since the show was airing around the inception of blockchain technology and cryptocurrencies, it is likely that the phrase entered the online lexicon from there.