Knowledge & Technology

Shitcoin Definition: A slang term used to describe cryptocurrencies perceived as having little to no value or utility. Often associated with coins considered scams, poorly designed projects, or those lacking meaningful purpose or adoption.

Satoshi Nakamoto: The pseudonymous creator or group behind Bitcoin, credited with developing the first decentralized cryptocurrency. Their true identity remains a mystery.

Ripple (XRP): A real-time gross settlement (RTGS) system and cryptocurrency designed for fast, secure, and low-cost transactions, making it ideal for cross-border payments.

Rehypothecation Definition: Rehypothecation is a financial practice, commonly seen in decentralized finance (DeFi), where the same assets are reused as collateral for multiple loans. This method increases asset utility and boosts liquidity in the ecosystem.

Recovery Seed Definition: A backup phrase that restores access to a crypto wallet and its assets, crucial for preventing data loss or theft.

QR Code Definition: A QR Code (Quick Response Code) is a two-dimensional barcode designed to be scanned and read by smartphones or specialized QR code readers.

Definition of Public Sale: An initial token offering open to the general public, aimed at encouraging wider participation and investment in a cryptocurrency project.

Pseudonymous Definition: A privacy-focused method where users’ transactions are associated with unique identifiers or addresses, rather than revealing their real-world identities.

Proof-of-Stake Definition: A blockchain consensus mechanism where validators are selected to create new blocks and validate transactions based on the amount of cryptocurrency they lock (stake) in the network.

Ponzi Scheme Definition: A fraudulent investment scheme where returns are paid to earlier investors using funds from new investors, rather than through legitimate profit generation.