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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

© 2026 BIBIBI

Glossary

Terms23 shown

51% attackAlso known as a majority attack, this refers to an attacker controlling more than half of a blockchain network’s hash power and potentially disrupting consensus, transaction confirmations, or carrying out double-spending.
Application-Specific Integrated Circuit (ASIC)An integrated circuit designed specifically for a single task or a narrow group of tasks.
C2CA peer-to-peer trading model in which buyers and sellers directly select counterparties, set prices, and arrange trades without relying on a centralized platform for order matching.
CentralizationAn arrangement that concentrates control, authority, and decision-making power in a system or network within a single node or a small group.
EIP-4844Also called Proto-danksharding, it introduced blob-carrying transactions to process large amounts of data at lower cost and laid the groundwork for later scaling upgrades.
Soft stakingAn arrangement that does not require a fixed lockup and allows users to earn crypto asset staking rewards while their assets remain liquid.
T+1 SettlementA settlement arrangement in traditional markets under which securities and funds are delivered on the next business day after the trade date.
mining poolsA collaborative arrangement in which multiple miners combine computing power and distribute rewards according to their contributions after successfully adding a block.
vesting scheduleRefers to an arrangement in which tokens are not distributed all at once, but are gradually released according to a predetermined vesting schedule.
Basket currency pegA pegging arrangement under which the domestic currency is referenced to multiple foreign currencies simultaneously, to diversify risk and reduce dependence on a single currency.
DecentralizedAn arrangement that transfers control and decision-making authority from a single individual or institution to a distributed network.
Declaration DateThe date on which a company announces the amount of its next dividend and the payment arrangements.
FlagA narrow consolidation area after a flagpole, where the price moves sideways or pulls back slightly while trading volume typically falls.
FlagA narrow upward or sideways consolidation phase that appears after the flagpole, during which trading volume typically contracts.
Time-Based SecurityA control that permits transactions only at specified times, narrowing the operating window and reducing attack risk.
Stop-lossA risk-control arrangement used to limit potential losses; in this pattern, it is often set above the upper trendline of the flag.
Air-Gapped ProtectionIsolation of an entire system from the internet to create a barrier against online network attacks.
Special DividendA one-time dividend independent of regular dividend arrangements, potentially arising from exceptionally strong profits or a major asset sale.
Seed TagA Binance label identifying cryptocurrencies in early development that may carry higher volatility and risk.
Algorithmic stablecoinA type of stablecoin that primarily uses algorithms and smart contracts to adjust supply and demand in an attempt to maintain a target price; reserve arrangements vary by design.
Dividend Reinvestment Plan (DRIP)An arrangement that automatically uses dividends to purchase additional shares of the same stock.
Exchange rate pegAn arrangement that maintains a target exchange relationship between the domestic currency and a reference currency or basket of currencies; the specific fluctuation band depends on the system adopted.
Chain AbstractionAn approach that separates blockchain technical details from the user experience and automates parts of multichain workflows, lowering the barrier to using blockchain applications.

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Definition

Chain Abstraction

An approach that separates blockchain technical details from the user experience and automates parts of multichain workflows, lowering the barrier to using blockchain applications.

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