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About BIBIBI Daily Digest Privacy & Account Security

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

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Glossary

Terms47 shown

AI Agent SkillFor AI tool interfaces that enable Agent to invoke specific platform data or operational capabilities; each Skill corresponds to different functions and permission requirements.
Agentic WalletA component in Binance Wallet’s Agentic Hub that enables agents to interact with tokens and decentralized finance protocols.
BEP-20BNB A token standard on Smart Chain that enables bStocks to be transferred and used in compatible wallets and on-chain applications.
BEP-695Used to tighten permission and restriction rules in consensus key rotation, penalty inheritance, and signature governance voting.
ChatGPTChatGPT is a language processing model developed by OpenAI that can understand and generate human-like text, belonging to the Generative Pre-trained Transformer (GPT) series.
DAOAbbreviation for decentralized autonomous organization, listed in the text as an application scenario for multisignature wallets.
FilecoinUses blockchain to provide decentralized storage, enabling users to rent out unused storage space and earn cryptocurrency rewards.
Initial Public Offering (IPO)The process by which a private company offers its shares to the public for the first time, enabling public investors to buy and sell the company’s stock on the public market.
Inter-Blockchain Communication (IBC)A specialized messaging protocol adopted by the Cosmos ecosystem that enables independent blockchains to exchange assets without relying on a single centralized operator.
Messaging protocolsTransmitting data and instructions between different blockchains, enabling an application on one chain to trigger operations on another chain.
Native appsApplications that need to be downloaded and installed locally on the device, enabling closer integration with the device hardware and native system functionality.
Open (public) betaA software testing approach open to all interested users, enabling broad collection of feedback.
Soft stakingAn arrangement that enables users to earn crypto-asset staking rewards without a fixed lock-up period, while retaining asset liquidity.
State ChannelA bidirectional communication mechanism that enables participants to update their shared state directly off-chain, relying on blockchain settlement only at stages such as opening and closing.
Taproot upgradein November 14, 2021 the Bitcoin upgrade released, enabling the Ordinals recording process.
Token honeypotsA trap that allows users to buy tokens but uses a malicious smart contract to prevent ordinary users from selling them or impose heavy penalties on them.
ZK-rollupsGenerate cryptographic validity proofs for each batch of transactions, enabling the main chain to verify the results; this is a type of Rollups.
algorithmic tradingEvidence treats it as one of the trading scenarios in which AON orders can be used.
ledgersA blockchain-backed shared record that can store supply chain information such as product provenance and ownership.
non-fungible token (NFT)Each token has unique metadata, provenance, or characteristics and therefore cannot be assumed to be exchanged on a one-to-one basis for another token.
slashingA penalty arrangement in proof of stake that imposes economic losses for dishonest behavior.
x402Binance Agent OS integrated payment mechanism that enables an Agent to initiate and settle payments with other Agents.
Nakamoto ConsensusA protocol used by a blockchain network to reach consensus on the state of the blockchain, designed to enable participants to agree on a single, secure version of the blockchain.
InternetThe Internet is a global network connecting computers, enabling digital information to be rapidly transmitted and shared.
Traditional NFTTokens typically minted on smart contract-enabled blockchains to represent digital items and potentially link to off-chain metadata.
Consensus layerAn architectural layer responsible for implementing consensus algorithms such as PoW and PoS, enabling network participants to reach agreement on the state of the blockchain.
Crypto walletA crypto wallet is a tool that enables users to access and directly control assets and identities on public cryptocurrency networks.
Block-level parallelizationEnables the creation and validation of multiple blocks to occur simultaneously, accommodating more transactions and alleviating network congestion.
Block-level access list (BAL）Records mappings of which accounts and their respective states transactions within a block will access or modify, enabling identification of transactions that can be executed in parallel and accelerating synchronization.
Decentralized exchange platform (DEX)A platform protocol that enables users to trade digital assets without intermediaries.
Two-Factor Authentication PolicyAn account security feature that allows users to customize and combine multiple two-factor authentication methods for scenarios such as login, asset management, or account settings.
ComposabilityThe characteristic that enables developers to compose and build new applications on top of existing DeFi applications and protocols.
Subject to slashingRefers to the network determining that a validator has engaged in conduct that can trigger a slashing penalty.
Address whitelistAn address whitelist limits withdrawal destinations to pre-approved addresses and is an important security measure when enabling API withdrawals.
Wrapped tokenA wrapped token is a tokenized form of other blockchain assets represented on BSC, enabling external assets to be used in BSC applications.
Binance Square SkillsA tool that enables compatible AI agents to programmatically publish content on Binance Square through dedicated interfaces.
Market LiquidityThe extent to which buyers, sellers, and executable funds are sufficiently available in the market, enabling transactions to be executed relatively quickly and at relatively stable prices.
SkillA capability module that can be enabled in Binance Ai Pro to support specific tasks such as market research, on-chain analysis, or workflow planning.
model context protocol (MCP)A standard that enables compatible AI tools to interact with external services; Binance Agent OS connects through its endpoints.
Attention mechanismThe attention mechanism is a key component of the Transformer, enabling the model to focus on relevant parts of the input text and capture relationships between words.
Hot walletA wallet kept connected to the internet for convenience, better suited to everyday scenarios such as frequent transactions.
Fractional share tradingAllows users to purchase less than one full share, enabling them to participate in individual stock investments with a smaller amount of money.
Network LayerAn architectural layer responsible for peer-to-peer networking functions, enabling nodes to communicate, exchange data, and participate in transaction validation.
SlashingA penalty under which participants lose part or all of their staked assets in cases such as violating the protocol.
Automated testingUsing scripts and tools to simulate different scenarios and check system responses to proactively identify functional or security issues.
Instant SwapA feature that enables instant crypto-to-crypto exchanges without directly using the order book.
Prediction MarketsAn application scenario involving trading or betting on the outcomes of future events, whose settlement rules may serve as an exploitation point for a design flaw attack.

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Definition

Taproot upgrade

in November 14, 2021 the Bitcoin upgrade released, enabling the Ordinals recording process.

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