Mooning: When Prices Go Parabolic Mooning describes cryptocurrency prices shooting up dramatically and rapidly. It’s what every crypto holder dreams about and what usually signals dangerous market euphoria. Mooning refers to cryptocurrency prices rising dramatically and rapidly, often in parabolic fashion. The term suggests prices going “to the moon” – reaching astronomical levels that seemed…
Token Burn: Destroying Supply for Value Token burns permanently remove cryptocurrency from circulation by sending it to addresses where it can never be recovered. It’s digital deflation in action. Token burn is the permanent removal of cryptocurrency tokens from circulation by sending them to an unusable address or smart contract that destroys them. This reduces…
Airdrop: Free Tokens From the Sky Airdrops distribute free tokens to wallet addresses, usually to reward early users or generate buzz for new projects. Some are worth pennies, others change lives. An airdrop is the distribution of free cryptocurrency tokens to wallet addresses, typically as a marketing strategy, reward for early adoption, or method of…
Dusting Attack: Tracking Through Tiny Transactions Dusting attacks send tiny amounts of cryptocurrency to addresses to track user behavior and deanonymize transactions. It’s like sprinkling digital breadcrumbs to follow where people go. A dusting attack sends small amounts of cryptocurrency (dust) to many addresses to track users’ transaction patterns and potentially identify wallet owners. Attackers…
Privacy Coin: Digital Cash That Actually Hides Privacy coins use advanced cryptography to hide transaction details like amounts, senders, and receivers. They’re what Bitcoin was supposed to be before everyone realized blockchain transactions are completely transparent. Privacy coins are cryptocurrencies designed to provide anonymous or untraceable transactions through advanced cryptographic techniques. Unlike Bitcoin where all…
Mixing Service: Shuffling Coins for Privacy Mixing services (or tumblers) pool cryptocurrencies from multiple users then redistribute different coins to break transaction links. It’s like exchanging your marked bills for unmarked ones. A mixing service is a privacy tool that pools cryptocurrencies from multiple users and redistributes them to break the link between sending and…
Ring Signatures: Anonymous Signatures in Groups Ring signatures let any member of a group sign a message without revealing which specific member created the signature. It’s like having a family photo where you know someone took it, but can’t tell who. A ring signature is a cryptographic signature scheme where any member of a group…
Zero-Knowledge Proof (ZKP): Proving Without Revealing Zero-knowledge proofs let you prove you know something without revealing what you know. It’s like proving you’re over 21 without showing your birth date, address, or any other personal information. A zero-knowledge proof (ZKP) is a cryptographic method that allows one party to prove they possess certain information without…
Cold Storage: Maximum Security for Crypto Assets Cold storage keeps cryptocurrency private keys completely offline, away from any internet connection. It’s the digital equivalent of storing gold bars in a bank vault rather than your wallet. Cold storage refers to keeping cryptocurrency private keys on devices or media that have never been connected to the…
Ledger: Hardware Wallet Security Leader Ledger is a leading hardware wallet company that provides secure offline storage for cryptocurrency private keys. They’re like the Fort Knox of crypto storage devices. Ledger is a hardware wallet manufacturer that creates secure devices for storing cryptocurrency private keys offline, protecting them from online threats and hacking attempts. These…