I almost completely disagree with this post. The only thing I can consider that you should probably avoid embarrassing names.

A descriptive name is terrible if you're slightly off. Or if the library gets repurposed. Or if the project doesn't turn out how you expected but it's still helpful. With everything going on, a nonsense name forces people to learn about it instead of having them guess at it from a three word description that might be misleading.

The author probably never had a project where something got named the oscilloscope-controller but there's no oscilloscope in sight, but we used to have one and then we tweaked a few things and now it runs something else and but the name was everywhere.

And all of these are abstract concepts. Getting data from point A to point B. FIFO? It's an acronym. Pipe? Doesn't really suggest it can buffer data. Buffer? Queue? Both sound like they might slow down data. Precise technical names would be good, but then the chances the purpose changes goes up!