A list of key terms that are useful to know in crypto
The EVM, or Ethereum Virtual Machine, is a crucial component of the Ethereum blockchain platform. It is a runtime environment that executes smart contracts and runs decentralized applications (DApps) on the Ethereum network. The EVM enables developers to write and deploy code in a programming language called Solidity, which is specifically designed for creating smart … Read more
A crypto mixer, also known as a cryptocurrency mixer or a tumbler, is a privacy-enhancing tool used to obscure the traceability of transactions made with cryptocurrencies. Its primary purpose is to improve the privacy and fungibility of digital assets.
Fusion Swap is a new feature introduced by 1inch, a popular decentralized exchange (DEX) platform, that improves the way users trade cryptocurrencies. It offers a more competitive trading experience, removes the need for native tokens to pay for gas fees, and protects users from front-running attacks (MEV).
MEV, or Miner Extractable Value, attacks are techniques that allow miners, validators, or other network participants in a cryptocurrency ecosystem to extract additional value from transactions by exploiting their privileged position in the network. MEV attacks can take various forms and potentially impact the fairness, security, and decentralization of a blockchain network.
Hyperbitcoinization is the inflection point at which Bitcoin becomes the default value system of the world
Inflation can be seen as a form of theft from the working class, silently eroding their purchasing power and savings. Cryptocurrencies, with their decentralized nature and limited supply, present a potential solution to this issue. However, for crypto assets to truly serve as a hedge against inflation, it is essential that the challenges and risks associated with their use are addressed.
A “sandwich attack” in the context of cryptocurrency refers to a manipulative trading strategy that takes advantage of the order book and transactional vulnerabilities on decentralized exchanges (DEXs). It involves an attacker placing two large and strategically timed orders on either side of a specific transaction. Here’s how a sandwich attack typically works: The sandwich … Read more
Ethereum Layer 2 networks are blockchains that sit on top of the main Ethereum blockchain and allow users to move their transactions off the main Ethereum network onto a separate blockchain network of sorts.
Pump-and-dump in crypto is an orchestrated fraud that involves misleading investors into purchasing artificially inflated tokens — typically marketed and hyped by paying celebrities and social media influencers. You’ll typically find these popping up on your news feeds and YouTube feeds. Here are some tell tale signs on how to spot these pump and dump schemes.
A bank bail-in is a process through which a bank or financial institution can be rescued from bankruptcy by using its depositors money. It is the opposite of a bailout, which is when a government or central bank provides funding to a struggling institution.