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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

Terms44 shown

Agentic WalletA component in Binance Wallet's Agentic Hub that lets agents interact with tokens and decentralized finance protocols.
BEP-20The token standard on BNB Smart Chain that enables bStocks to be transferred and used in compatible wallets and on-chain applications.
Burner WalletA cryptocurrency wallet used for small, temporary on-chain interactions, primarily to isolate potential risks from the main wallet and most assets.
DAOAn abbreviation for decentralized autonomous organization, listed in the text as a use case for multisignature wallets.
EIP-7702A proposal to improve the functionality of Ethereum externally owned accounts (EOAs) and add new capabilities to wallets.
Ethereum Name Service (ENS)A naming service that associates memorable names with information such as wallet addresses.
PINA numeric code used to protect a hardware wallet from unauthorized use and verify users when operating it or authorizing transactions.
Paper WalletA physical form of wallet that stores the public and private keys of a cryptocurrency address by printing them on paper.
SPLA standard that specifies how tokens operate and interact on the Solana network, and supports interoperability with wallets and smart contracts.
Secret Recovery PhraseAn ordered set of words used to recover a self-custodial wallet and its derived accounts.
USDTThe cryptocurrency asset held by the example wallet in the text.
Wallet honeypotsRefers to scammers publicly displaying credentials for wallets that appear to hold assets, inducing others to add fees or attempt transfers, while using control mechanisms to trap or divert the funds.
crypto walletA tool for accessing digital assets on a blockchain and storing the private keys needed to authorize transactions; it may be custodial or non-custodial.
dApp (decentralized application)An application typically built on a public blockchain, often using connection of a digital wallet as the method of login and interaction.
Transaction NonceA sequential counter assigned to a wallet address on an account-model blockchain, used to order transactions and prevent duplicate submission.
Cold WalletA wallet whose keys are generated in a fully offline environment, reducing the risk of online attacks.
Hierarchical Deterministic (HD) walletA wallet that can generate and manage multiple accounts using the same mnemonic phrase, with each account having its own private key.
Cryptocurrency WalletA cryptocurrency wallet is a tool that enables users to access and directly control their assets and identities on public cryptographic networks.
Decentralized exchange (DEX)A trading platform that does not custody users’ funds, where trades are generally executed directly through users’ wallets.
Decentralized exchange (DEX)A platform that operates through blockchain smart contracts and typically allows users to trade directly from their own wallets.
Decentralized Application (DApp)An application that runs on a computer C2C network rather than a centralized database and that users can connect to with a cryptocurrency wallet.
FirmwareLow-level software running on a hardware wallet that its manufacturer can update to improve security and functionality.
AddressA text string used to identify the location of a wallet or account on a blockchain and to send and receive digital assets.
Address PoisoningA scam in which an attacker sends a small transaction to a wallet using a fake address resembling a frequently used one, hoping the user copies it and sends funds to the wrong destination.
Multisignature WalletA wallet requiring authorization from multiple parties before an outgoing transaction is confirmed, reducing the impact of a single operational error.
Recovery PhraseCritical information used to back up and restore access to a wallet. It should be stored securely and kept confidential.
Smart Contract WalletA cryptocurrency wallet that uses programmable smart contracts to set transaction rules, automatically execute operations, and configure security measures.
Hot walletA wallet kept connected to the internet for convenience, making it better suited to everyday use cases such as frequent transactions.
Hardware walletA wallet that uses a dedicated physical device to protect private keys and complete transaction signing.
Social Recovery WalletA cryptocurrency wallet that allows trusted contacts to jointly help a user recover access to the wallet.
Private Key/Mnemonic PhraseConfidential credentials that can be used to recover a wallet and control the associated assets.
Private Key Mnemonic (SRP)A set of words used to generate and restore wallet keys that must be kept confidential.
AirdropA method of distributing tokens directly to existing wallet holders or community members without conducting a token sale.
Paper walletA method of printing or handwriting private keys on paper and storing them offline. It is generally not recommended today because it is vulnerable to physical damage and has usage limitations.
Smart moneyUsed in the text to refer to tracked wallets or trading activity, whose trading signals and holdings information can be organized through relevant skills.
Self-custody walletA self-custody wallet is a wallet in which the user holds the private keys and the wallet service provider cannot control the assets on the user's behalf.
Self-custodyUsers withdraw tokens to a compatible wallet under their own control for safekeeping, rather than leaving them in an account on a centralized platform.
Software walletA wallet that runs as software; common types include web wallets, desktop wallets, and mobile wallets.
Lightweight walletA wallet that does not run its own full node and typically relies on external servers to query balances.
WalletIn the Web3 applications described in the materials, a tool used to connect to services, identify users, and manage crypto assets.
Wallet AddressDestination information that must be checked when receiving or sending cryptocurrency. A transfer usually cannot be reversed if the address is entered incorrectly.
Wallet Address AllowlistA predefined list of wallet addresses permitted to receive transfers. Transfers to addresses that are not on the list are blocked.
Concentration riskA risk metric measuring the concentration of asset or token holdings in a small number of wallets or projects.
Vanity Address GenerationUsing a program to generate wallet addresses in batches until an address whose initial and final characters match those of the target address is found.

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Definition

Recovery Phrase

Critical information used to back up and restore access to a wallet. It should be stored securely and kept confidential.

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