Securing your wallet - Bitcoin

An intelligent platform to manage, invest, trade and spend cryptoassets

Midas Protocol is an intelligent platform created for crypto-traders, from newbies to experts. We aim to be the smartest universal wallet for all essential crypto needs, from safekeeping, intelligent trading, portfolio management, easy conversion to fiat and spending of cryptocurrencies. More info on Midas Ecosystem: https://blog.midasprotocol.io/birds-eye-view-of-midas-ecosystem/
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Conscious Entrepreneurship Foundation

**[Conscious Entrepreneurship Foundation](http://CEFNow.org) (CEF)** supports the Bono Declaration of 2013: **Capitalism takes more people out of poverty than aid.** CEF's members seek to improve, promote, protect, and facilitate socially responsible consumerism and conscious capitalism that offers social and environmental benefits to communities on both local and global scales.
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How to Protect Your Bitcoin Wallet

How to Protect Your Bitcoin Wallet submitted by CommercialThing5 to Channit [link] [comments]

How to Protect Your Bitcoin Wallet

How to Protect Your Bitcoin Wallet submitted by cryptolobe to cryptolobe [link] [comments]

How to Protect Your Bitcoin Wallet

Bitcoin is a hot commodity lately. This cryptocurrency is usually at the top of experts’ and users’ lists of recommendations for investments in the digital world. If you’re thinking about using Bitcoin or have already started your crypto journey, there are steps you can take to secure your currency. Here’s how to protect your Bitcoin […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

How to protect a bitcoin wallet?

Creating of fully-secure and safe cryptocurrency wallet has become a necessity. All the issues of phishing, duping, stealing of codes should be handled with utmost care.
Building your own bitcoin wallet suitably requires to be integrated with high-quality encryption measures coupled with multi-layer security attributes. For safe and easy restoring of bitcoin wallet you can incorporate the feature of mnemonic passphrase.
Launch a safe and secured crypto wallet!
submitted by andreaben33 to u/andreaben33 [link] [comments]

12-12 04:03 - 'I know this is the bitcoin subreddit but I would look into dogecoin. it is the perfect crypto and blockchain training wheels. it will teach you how to setup a wallet, send and receive transactions, and backup and protect your...' by /u/Jimmyjam-- removed from /r/Bitcoin within 7-17min

'''
I know this is the bitcoin subreddit but I would look into dogecoin. it is the perfect crypto and blockchain training wheels. it will teach you how to setup a wallet, send and receive transactions, and backup and protect your data, 15 bucks will get you a couple thousand coins!
Learn the basics and make a smart bitcoin investment.
'''
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Author: Jimmyjam--
submitted by removalbot to removalbot [link] [comments]

How to adequately protect my Bitcoin wallet seed?

This is what I am doing: I use a 2 of 6 multisig wallet. The seed for each cosigner is encrypted in a Word file with a unique password. All the word files are then zipped together using another encryption password. Apart from keeping this zipped file locally, I also keep a copy in the cloud (protected with 2FA) just in case my computer dies. Should this be adequate?
submitted by iconiconoclasticon to Bitcoin [link] [comments]

How to protect your Bitcoin in safe wallets and secure storage

How to protect your Bitcoin in safe wallets and secure storage submitted by leftok to atbitcoin [link] [comments]

How to protect your Bitcoin in safe wallets and secure storage

How to protect your Bitcoin in safe wallets and secure storage submitted by n4bb to CoinPath [link] [comments]

Lets call it "Gun To My Head" protection. I want a bitcoin wallet which I can strictly control how many bitcoins go out per day. That would be security.

While I'm not too worried that money can go back into my approved bank account (in a Coinbase type system), I'm very worried about bitcoin transfers and wish that BTC transfers could be controlled or yes, even turned off for certain accounts.
Imagine that you have just logged on to your account and someone who knows you (they know how much you own) getting onto your computer, even, somehow, with access to your cellphone (a gun to my head would work, i'd give them both) and started sending bitcoins out to anonymous addresses. UGH.
I would sleep so much better knowing that my "hoarding" accounts could not be pilfered in one "foul" swoop.
submitted by MaDdChEMis to Bitcoin [link] [comments]

How to adequately protect my Bitcoin wallet seed? /r/Bitcoin

How to adequately protect my Bitcoin wallet seed? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Which wallet to use untill i get a Nano Ledger S and how to protect it /r/Bitcoin

Which wallet to use untill i get a Nano Ledger S and how to protect it /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How can I protect my identity if Satoshi Nakamoto sends all his Bitcoins to my wallet? /r/Bitcoin

How can I protect my identity if Satoshi Nakamoto sends all his Bitcoins to my wallet? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How to protect your Bitcoin wallet ?

All my exchange's account shave 2 factor authentication enabled and so does my linked gmail account, so I feel pretty confident that my online BTCs are secure.
But what about my local computer wallet?
Are there any preventive steps you would suggest for me to take to protect it?
Thank you.
submitted by Baalinooo to BitcoinBeginners [link] [comments]

I own approx 4.5 BTC in a paper wallet and want to know how I will receive my new BTC once the split happens what I have to do to protect my coins. /r/Bitcoin

I own approx 4.5 BTC in a paper wallet and want to know how I will receive my new BTC once the split happens what I have to do to protect my coins. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Why Smartphone Wallets Are Insecure, And How to Protect Your Bitcoin

Why Smartphone Wallets Are Insecure, And How to Protect Your Bitcoin submitted by knight222 to btc [link] [comments]

08-20 18:42 - '15000 wallet hacked from bitfinex !! so how to protect your bitcoins from the hack and spam and secure your money ?? this program for secure bitcoins wallets from the hack please watch the video : [link]' by /u/Prixtunisie removed from /r/Bitcoin within 93-98min

'''
15000 wallet hacked from bitfinex !! so how to protect your bitcoins from the hack and spam and secure your money ?? this program for secure bitcoins wallets from the hack please watch the video : [link]1
'''
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Author: Prixtunisie
1: https://www.youtube.com/watch?v=RSQGHci-0oA
submitted by removalbot to removalbot [link] [comments]

How to protect your Bitcoin wallet ?

All my exchanges' accounts shave 2 factor authentication enabled and so does my linked gmail account, so I feel pretty confident that my online BTCs are secure.
But what about my local computer wallet?
Are there any preventive steps you would suggest for me to take to protect it?
Thank you.
submitted by Baalinooo to Bitcoin [link] [comments]

el="" >Why Smartphone Wallets Are Insecure, And How to Protect Your Bitcoin /r/btc

el=Why Smartphone Wallets Are Insecure, And How to Protect Your Bitcoin /btc" title="el="" >Why Smartphone Wallets Are Insecure, And How to Protect Your Bitcoin /btc" /> submitted by BitcoinAllBot to BitcoinAll [link] [comments]

$116 Million Bitcoins 'Found' At MtGox And How To Protect Your Wallet

$116 Million Bitcoins 'Found' At MtGox And How To Protect Your Wallet submitted by BTCNews to BTCNews [link] [comments]

$116 Million Bitcoins 'Found' At MtGox And How To Protect Your Wallet

submitted by Rob768 to business [link] [comments]

It's beginning to feel a lot like 2017. Some useful reminders and advice for new comers.

Hype and increasing prices will undoubtedly attract new investors, HODLers, and gamblers. Regardless of how long you've been in crypto, below are a few pieces of information (or reminders) you should consider.
  1. We're still early. Cryptocurrency, including bitcoin, is still in its infancy. Because of this, we will continue to see headlines of hacks, exchange closures, big name investors coming into the space, major institutional adoption, and everything in between. Until crypto is regulated (for better or worse) and even after, there will be bad actors attempting to steal your cryptocurrencies. To that end, think twice when hearing about 'deals' or investments that seem too good to be true. They probably are.
  2. Protection. I often see questions regarding the storage of cryptocurrencies. Not to oversimplify, but as a user, you have ~3 choices to store your cryptocurrency. In order of most secure to least secure:
    1. Cold Storage - From wikipedia: Cold storage refers to storing Bitcoins/Cryptos offline and spending without the private keys controlling them ever being online. This resists theft by hackers and malware, and is often a necessary security precaution especially dealing with large amounts of Bitcoin. If you aren't comfortable manually storing your private key, physical hardware wallets are your best alternative. When possible, buy direct from the manufacturer to avoid any tampering to your new device.
      1. https://trezor.io/
      2. https://www.ledger.com/
    2. Hot Wallets - From investopedia: The difference between a hot wallet and a cold wallet is that hot wallets are connected to the internet, while cold wallets are not. Hot wallets can be installed onto your mobile device and/or your web browser. Similar to cold storage, these hot wallets will 'store' your crypto and will be accessed to send/receive tokens, execute smart contracts, and conduct other transactions. There are many options to choose from, but MetaMask is as close to an industry standard as it comes, and the developer has recently implemented an ERC-20 token swap function. Again, download directly from the developer if you can.
      1. https://metamask.io/
    3. Exchanges - Exchanges certainly have their own purpose, most notably as an on and off ramp for your fiat currency (e.g., US Dollar, etc). However, when you read headlines like "Bitcoin Hacked for 10 million dollars!" what they usually mean is, a centralized exchange that holds users' cryptocurrencies was hacked and bitcoin was extracted from the exchange's storage. For this reason, exchanges are considered to be less safe than your Hot Wallet and Cold storage alternatives.
  3. Don't be greedy. This is easier said than done, and many veteran traders have learned this the hard way -- some still haven't learned. When prices are only going up, you're going to feel like a million bucks. But things dont go up forever. Ever. (Unless it's the Fed's balance sheet.. har har). Point being, it's okay to take profits along the way up. I guarantee you'll have an opportunity to re-buy those same tokens at a cheaper price, and you'll enjoy them even more the second time around.
  4. Don't spend more than you can afford. Hopefully this goes without saying, but the crypto space is extremely volatile. It is not uncommon to lose your entire investment with just one wrong token/ICO/scam. To that end; just use your common sense. It sounds easy, but when you're making money, sometimes it's hard to see the cliff at the end of the road.
  5. Keep learning. I joined the crypto space because I saw an opportunity to make money. It's been a wild ride, and I've learned a lot more than I've gained (from a monetary perspective). What i didn't expect to happen, was to open pandora's box when it comes to what Bitcoin (specifically) aimed to solve. My thirst for knowledge only expanded when I learned of the opportunity space Ethereum was trying to fill. Compound that with the immutability of blockchain technology, DeFi, smart contracts, data oracles, (and the list goes on); now I'm completely hooked. It's clear to me that blockchain will revolutionize the way we function on the global scale. But many are just now beginning to learn about bBitcoin, and we're ahead of the curve. Which leads me back to point number 1; we're still early.
Sorry for rambling on here; I'm sure more veteran HODLers have already X'd out of this post, which is fine. They likely don't need this information as they have learned these same tips along their own journeys. But for newcomers to the space, I wish I had this foundational knowledge from the get go. Don't be afraid to ask questions on this sub. With the recent implementation of MOON tokens (this is a whole 'nother topic), I've personally noticed more downvotes than normal. But awareness and understanding is critical to adoption, so don't be turned off if you don't get an answer to your questions immediately. There is a wealth of knowledge scattered across the internet, and still a lot of smart people on reddit who are willing to help.
submitted by myhaxdontwork to CryptoCurrency [link] [comments]

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

Restoring wallets on a new device - YouTube How to Password Protect Your Bitcoin / Altcoin Wallet Backups on a USB Flash Drive How To Keep Your Cryptocurrency Safe! [Best Bitcoin Wallet ... Best Ways To Store Your Bitcoin in 2019 How to protect your Bitcoin currency from hackers

Here’s how to protect your Bitcoin wallet. 1. Use a Hardware Wallet. There are a few types of cryptocurrency wallets. Hard wallets connect to the internet for you to access at any time. This constant internet connectivity comes with certain cyber risks, though. If you want more protection, use a hardware wallet. Hardware wallets are “cold,” meaning they do not connect to the internet ... Here’s how to protect your Bitcoin wallet. 1. Use a Hardware Wallet. There are a few types of cryptocurrency wallets. Hard wallets connect to the internet for you to access at any time. This constant internet connectivity comes with certain cyber risks, though. If you want more protection, use a hardware wallet. A Bitcoin wallet is like a wallet with cash. If you wouldn't keep a thousand dollars in your pocket, you might want to have the same consideration for your Bitcoin wallet. In general, it is a good practice to keep only small amounts of bitcoins on your computer, mobile, or server for everyday uses and to keep the remaining part of your funds in a safer environment. Backup your wallet. Stored ... How to Protect Bitcoins. Digital currency such as Bitcoins can seem especially vulnerable to theft. However, in many ways it's no more vulnerable than the cash you may carry around in your physical wallet. In most cases you can adequately... Another way is that the Bitcoin address can be associated with specific people if their personal information is in any way connected with the wallet. For example, an address used for deposits or withdrawals from a regulated exchange or wallet that is in the public domain or addresses used to send Bitcoins in situations in which using personal information is required, for example, in an online ...

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Restoring wallets on a new device - YouTube

Guide to the Best Bitcoin Wallets of 2019 - Duration: 35:08. David Caruana - Investing 24,264 views. 35:08. Bitcoin Halving 2020 Price Prediction - Duration: 29:49. ... You can order Trezor from official site here: https://coinsutra.com/go/Trezor/ Even if your seed word is stolen, you can keep your Bitcoins secure. That's wh... For optimal security, you should really back them up on an external device like a USB flash drive. For an EXTRA level of protection though, this video will show you had to password protect your... Just wanted to make a quick video on what exactly a Bitcoin hardware wallet is and what it does as well as how it works. If there are any questions, feel free to hit me up in the comments. If ... How to recover all wallets for all coins in Coinomi with your recovery phrase. Text tutorial: https://coinomi.freshdesk.com/support/solutions/articles/290000...

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