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Less noise. More understanding.

About BIBIBI Daily Digest Privacy & Account Security

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

© 2026 BIBIBI

Glossary

Terms13 shown

AirdropA method of distributing digital assets free of charge to members of the public who meet conditions such as holding assets or demonstrating address activity.
IssuanceIn the crypto sector, this refers to generating new cryptocurrencies or tokens and, in accordance with the project's rules, putting them into circulation.
PIN CodeUsed to protect hardware wallets from unauthorized use and verify the user's passcode when operating or authorizing transactions.
VMAn abbreviation for Virtual Machine, referring to a virtual computer capable of running an operating system, files, and applications.
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.
Annualized return (APY)An effective annualized return metric normalized over time and incorporating the effects of compounding.
Ponzi schemeA scam that uses funds from new investors to pay purported returns to early participants, without any genuine profit-generating strategy.
Byzantine fault toleranceThe ability of a distributed system to continue operating when some participating nodes are dishonest or operate inefficiently.
State growthThe phenomenon of persistent data, such as accounts and contracts, continually increasing; overly rapid growth raises the storage and operating costs of nodes.
Secure Asset Fund for Users (SAFU)An emergency reserve established by Binance and kept separate from operating funds to offer users additional protection during extreme security incidents.
White paperA document describing a cryptocurrency project’s content, operating mechanisms, intended objectives, and potential challenges.
Hard ForkA protocol change that is not backward-compatible and may cause the blockchain to split into two independently operating paths if there is disagreement.
Soft forkA backward-compatible software upgrade under which nodes that have not upgraded generally still consider blocks operating under the new rules to be valid.

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Definition

Byzantine fault tolerance

The ability of a distributed system to continue operating when some participating nodes are dishonest or operate inefficiently.

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