Knowledge & Technology

Snapshot Definition: A point-in-time copy of a blockchain, providing a complete view, commonly used for airdrops and network upgrades.

Settlement refers to the finalization of a transaction, where terms are confirmed, and assets are transferred. It is a critical step in ensuring the completion and success of a trade.

Staking is the process of participating in a proof-of-stake (PoS) blockchain network to help secure its operations while earning rewards.

A smart contract is a self-executing digital agreement with predefined conditions coded directly into its system. It automatically enforces and executes the agreed-upon terms without the need for intermediaries.

The Securities and Exchange Commission (SEC) is a U.S. regulatory agency responsible for overseeing securities markets. It also plays a significant role in regulating specific aspects of cryptocurrency activities.

Stablecoin Definition: A cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency and backed by fiat reserves.

Silk Road Definition: A now-defunct darknet marketplace notorious for enabling illegal transactions, primarily using cryptocurrencies.

Scam Definition: A fraudulent scheme designed to deceive individuals in the cryptocurrency space, often involving false promises or misleading activities. Always exercise caution to avoid falling victim to these scams.

Synthetic Asset Definition: A digital representation of real-world assets, designed for trading, investing, or hedging within the cryptocurrency ecosystem.

Solana (SOL) Definition: A high-speed blockchain designed for fast transactions, smart contracts, and NFT marketplaces.