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| HOT WALLET | any computer network where two or more computers are connected and share resources without going through a separate server. these networks can become massive, allowing for things like file-sharing or cryptocurrency. |
| DISTRIBUTED NETWORK | the practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone. |
| CONFIRMATION | the successful act of hashing a transaction and adding it to the blockchain. |
| DIGITAL SIGNATURE | blocks are packages of data that carry permanently recorded data on the blockchain network. |
| BLOCK | inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. the publicity causes others to acquire the asset, forcing up its value. when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. |
| PEER-TO-PEER NETWORK (P2P) | a test blockchain used by developers to prevent expending assets on the main chain. |
| TESTNET | a very dangerous threat for cryptocurrency users. often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. this can cause a sustained downtime on said network or even make them crash completely. |
| DISTRIBUTED DENIAL OF SERVICE (DDOS) | a type of network where processing power and data are spread over the nodes rather than having a centralised data centre. |
| OPEN SOURCE | a bitcoin wallet that has an active connection to the internet. these are used for “everyday” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security. |
| PUMP AND DUMP | a digital code generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. |
|  |
| HOT WALLET | a bitcoin wallet that has an active connection to the internet. these are used for “everyday” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security. |
| DISTRIBUTED NETWORK | a type of network where processing power and data are spread over the nodes rather than having a centralised data centre. |
| CONFIRMATION | the successful act of hashing a transaction and adding it to the blockchain. |
| DIGITAL SIGNATURE | a digital code generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. |
| BLOCK | blocks are packages of data that carry permanently recorded data on the blockchain network. |
| PEER-TO-PEER NETWORK (P2P) | any computer network where two or more computers are connected and share resources without going through a separate server. these networks can become massive, allowing for things like file-sharing or cryptocurrency. |
| TESTNET | a test blockchain used by developers to prevent expending assets on the main chain. |
| DISTRIBUTED DENIAL OF SERVICE (DDOS) | a very dangerous threat for cryptocurrency users. often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. this can cause a sustained downtime on said network or even make them crash completely. |
| OPEN SOURCE | the practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone. |
| PUMP AND DUMP | inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. the publicity causes others to acquire the asset, forcing up its value. when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. |
The agreement of our Team: The following authors decided to create a Team in order to collaborate and share formats and content in our posts. Any copy of content between this Team does not constitute a plagiarism.
