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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

Terms8 shown

BlockchainA decentralized digital ledger that records cryptocurrency transaction information in chronological order.
Partitioning attacksAn attacker divides the network into groups that cannot communicate with one another, causing each segment to potentially maintain the ledger independently while isolated.
SnapshotThe process of recording the state of a blockchain ledger at a specific point in time; its contents may include addresses and their transactions, fees, balances, and metadata.
ledgersA blockchain-backed shared record that can store supply chain information such as product provenance and ownership.
Cryptocurrency miningThe process of validating transactions on a blockchain network and adding transaction records to the blockchain ledger.
Blockchain technologyA ledger technology that records transactions in interconnected blocks and is jointly maintained and verified by a distributed network.
Double-spending problemThe double-spending problem is the risk that the same digital currency may be copied or paid more than once, thereby undermining the credibility of the ledger.
Permissioned blockchainA blockchain network that restricts transaction validators and the parties permitted to interact with ledger information, and is typically controlled by a single centralized entity.

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Definition

Partitioning attacks

An attacker divides the network into groups that cannot communicate with one another, causing each segment to potentially maintain the ledger independently while isolated.

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