Crypto 101

2024-04-15 23:59:54 Decentralized Physical Infrastructure Networks (DePIN)

A DePIN is a decentralized application that uses tokens to incentivize people to crowdsource and build connected real-world physical infrastructure.

Example: NATIX Network is building a DePIN of smartphones working as AI-powered cameras collecting valuable mobility data, such as the amount of traffic and road conditions in specific areas.

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2024-03-28 14:04:16 Exchange-Traded Product (ETP)

A type of financial instrument which allows investors to gain exposure to the price movements of an underlying asset without having to own the asset itself.

ETPs are physically backed, meaning settlement is in the underlying asset, rather than a cash equivalent.

ETPs can be traded on regulated exchanges in the same manner as company stocks and shares.

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2024-03-18 14:02:19 Mean Reversion

Mean reversion is a financial theory suggesting that asset prices and historical returns eventually return to their long-term mean or average level.

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2023-12-26 10:22:24 #Glossary:

401(k) plan

A 401(k) plan is a tax-advantaged retirement savings account offered by employers in the US, allowing employees to contribute a portion of their pre-tax income, often with employer matching, to facilitate long-term savings for retirement.

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2023-12-22 11:02:23 #Glossary:

FATF "Travel Rule"

The FATF "Travel Rule," also known as Recommendation 16, is a set of international guidelines established by the Financial Action Task Force (FATF) to combat money laundering and terrorist financing (ML/TF) in the realm of virtual assets (VAs) like cryptocurrencies.

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2023-11-27 14:52:03 #Glossary:

Liquid Staking

The process of converting staked tokens into fungible assets that can be traded or used in decentralized finance (DeFi) applications while still earning staking rewards. This provides liquidity to token holders who would otherwise have their assets locked in a staking contract.

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2023-11-27 14:47:03 #Glossary:

ZK-EVMs

A class of Ethereum-compatible virtual machines that incorporate zero-knowledge proofs. These systems enhance privacy on the blockchain by allowing participants to validate transactions without revealing specific details, such as transaction amount or sender/receiver addresses.

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2023-11-27 14:42:03 #Glossary:

ERC-4337

A proposed Ethereum standard that introduces account abstraction, enabling more user-friendly and secure crypto wallets.

ERC-4337 transforms Ethereum's accounts into "smart wallets," enhancing functionality and security by allowing multiple signatures and simplifying recovery.

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2023-11-27 14:37:46 #Glossary:

UTXO payment model

A cryptocurrency transaction model where each transaction creates unspent outputs that can be used as inputs for future transactions, enhancing privacy and security by avoiding the need for an account-based system.

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2023-11-22 03:06:25 #Glossary:

Personal Recognizance Bond
Also known as a PR bond, it is a type of bail bond that does not require the defendant to pay any money upfront. Instead, the court issues an order releasing the defendant from custody on the condition that they will appear for all scheduled court appearances.

If the defendant fails to uphold their end of the personal recognizance bond (by missing court dates), that person will have to pay the full bail amount and may be rearrested in the future.

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