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Glossary
Seed Phrase

Seed Phrase

A seed phrase, also known as a recovery phrase or mnemonic phrase, is a sequence of 12, 18, or 24 random words generated by a cryptocurrency wallet.

WEEX|2024/11/06 03:46:40
Security Token Offering (STO)

Security Token Offering (STO)

A Security Token Offering (STO) is a regulated method of raising capital by issuing digital tokens that represent ownership or a stake in a real-world asset, such as equity, debt, or real estate.

WEEX|2024/11/06 03:43:28
Secure Asset Fund for Users (SAFU)

Secure Asset Fund for Users (SAFU)

The Secure Asset Fund for Users (SAFU) is an emergency insurance fund established by Binance, one of the world’s largest cryptocurrency exchanges, to protect users in the event of a security breach or significant loss.

WEEX|2024/11/05 16:25:45
Scrypt

Scrypt

Scrypt is a cryptographic hashing algorithm used by several cryptocurrencies as an alternative to Bitcoin’s SHA-256. 

WEEX|2024/11/05 16:24:52
Scaling Solution

Scaling Solution

Scaling solutions refer to technologies or methods designed to improve the scalability of blockchain networks by increasing their capacity to handle more transactions efficiently.

WEEX|2024/11/05 16:23:30
Satoshi Nakamoto

Satoshi Nakamoto

Satoshi Nakamoto is the pseudonymous creator (or group of creators) of Bitcoin, the first decentralized cryptocurrency. 

WEEX|2024/11/05 16:22:34
SIM Swap

SIM Swap

A SIM Swap attack is a type of fraud where a hacker gains control of a victim’s phone number by transferring it to a new SIM card. 

WEEX|2024/11/05 16:21:52
SHA-256

SHA-256

SHA-256 (Secure Hash Algorithm 256-bit) is a cryptographic hash function that generates a fixed-size 256-bit hash from any input.

WEEX|2024/11/05 16:20:49
Rug Pull

Rug Pull

A rug pull is a type of exit scam in the cryptocurrency world where developers of a project suddenly withdraw all liquidity from a decentralized exchange (DEX) or abandon the project, leaving investors with worthless tokens.

WEEX|2024/11/05 16:20:15
Roadmap

Roadmap

A roadmap is a strategic plan that outlines the development goals and future milestones of a cryptocurrency project or blockchain protocol. 

WEEX|2024/11/05 16:19:26
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