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Crypto Terms:  Letter A

What is Ad Hoc?

Meaning:
Ad Hoc - a Latin phrase meaning “for this purpose”.
easy
1 minute

Let's find out Ad Hoc meaning, definition in crypto, what is Ad Hoc, and all other detailed facts.

Ad Hoc is a commonly used phrase that means “specifically for this purpose”. It comes from Latin. When translating the phrase word for word, it means “for this”.

This phrase has other meanings as well. The first one is that you shouldn't assume that an answer to one problem can be applied to the same problem in a different context.

The second meaning relates to software development where ad hoc is a solution created to handle a very specific issue.

It’s often used in situations when a group or committee is created for a specific purpose. For instance, the police department appointed an ad hoc committee for the case.

cryptographer, digital asset researcher, and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cypherpunk/">cypherpunk. He was the developer of Hashcash, a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-proof-of-work-pow/">proof-of-work system<\/strong><\/strong><\/a> that is used for <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-mining/">Bitcoin mining<\/strong><\/a> and was mentioned in the Bitcoin whitepaper.<\/p>\n<p>In 2014, Back co-founded Blockstream, a blockchain technology company that provides products and services for blockchain-based digital assets. In 2020, Blockstream launched Liquid.net which provides support for the Liquid Network.<\/p>\n<p>The Liquid Network is a <strong>sidechain<\/strong> project for traders and exchanges that provides interoperability between the Bitcoin blockchain and the Liquid sidechain. It has a broad federation of members, such as Coincheck, Ledger, and Xapo.<\/p>\n<p>Another project launched by Blockstream is the Blockstream Scam Database. It protects the Blockstream brand from hijacking attempts by scammers.<\/p>","definition":"British cryptographer, cypherpunk, digital asset researcher, and inventor of Hashcash.","status":"published","meta_title":"Who is Adam Back? Definition & Meaning | Crypto Wiki","meta_description":"Adam Back meaning: Adam Back - British cryptographer, cypherpunk, digital asset researcher, and inventor of Hashcash.","meta_keywords":null}" :prev-section="{"id":943,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Active_management","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2023-11-06T16:00:42.000000Z","slug":"what-is-active-management","title":"What is Active Management?","section":"A","keyword":"Active Management","content":"<p>Active management, also known as active investing, is an investing technique. In an essence, active management is the process of purchasing and selling assets regularly. The process is usually based on what appears to be profitable market conditions. In a broader sense, active management refers to a group of managers who trade certain sets of assets to make a profit.<\/p>\n<p>Usually, active management is used by fund managers and brokers while trading financial assets. They employ this technique to gain profit from both positive and negative market trends. Essentially, active managers search for market flaws. They do that because they hope to <strong>achieve a target return or exceed a specific index<\/strong> <strong>like the<\/strong> <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-sandp-500-standard-and-poors-500/">S&amp;P500./n

Most of the time, investors rely on research and various investment decisions to employ the active management technique. They do that because they assume that they can <strong>outperform the market by finding its flaws. <\/strong>However, this idea is contradicted by the efficient-market hypothesis (EMH). It essentially states that the present price of an asset already provides all available information. Thus, there aren't many inaccuracies to take advantage of.<\/p>\n<p>As a result, active management success highly depends on the personal market interpretations of investors and the success of their predictions. Therefore, <strong>active managers must actively monitor market changes<\/strong>.<\/p>\n<p>The opposite of active investing is <strong>passive investing<\/strong>, which is also referred to as indexing. In a nutshell, it entails putting together an investment portfolio for the long term. Usually, the portfolio is not actively traded. Essentially, managers create a portfolio relying on the way an index performs. This implies that, in terms of asset selection, indexing has fewer chances of acquiring human mistakes.<\/p>\n<p>Overall, active investing has substantially <strong>higher management fees <\/strong>than passive investing. This happens because active management involves more trading costs and risks. Besides, in the past, passive investing provided better results than active investing.<\/p>","definition":"an investment strategy that involves trading financial assets in order to profit from bull and bear markets.","status":"published","meta_title":"What is Active Management? Definition & Meaning | Crypto Wiki","meta_description":"Active Management meaning: Active Management - an investment strategy that involves trading financial assets in order to profit from bull and bear markets.","meta_keywords":null}" :model="{"id":942,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Ad_Hoc","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2023-11-04T08:14:06.000000Z","slug":"what-is-ad-hoc","title":"What is Ad Hoc?","section":"A","keyword":"Ad Hoc","content":"<p><strong>Ad Hoc<\/strong> is a commonly used phrase that means <strong>&ldquo;specifically for this purpose&rdquo;<\/strong>. It comes from Latin. When translating the phrase word for word, it means &ldquo;for this&rdquo;.<\/p>\n<p>This phrase has other meanings as well. The first one is that you shouldn't assume that <strong>an answer to one problem can be applied to the same problem in a different context<\/strong>.<\/p>\n<p>The second meaning relates to <strong>software development<\/strong> where <strong>ad hoc is a solution created to handle a very specific issue<\/strong>.<\/p>\n<p>It&rsquo;s often used in situations when a group or committee is created for a specific purpose. For instance, the police department appointed an ad hoc committee for the case.<\/p>","definition":"a Latin phrase meaning \u201cfor this purpose\u201d.","status":"published","meta_title":"What is Ad Hoc? Definition & Meaning | Crypto Wiki","meta_description":"Ad Hoc meaning: Ad Hoc - a Latin phrase meaning \u201cfor this purpose\u201d.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master&rsquo;s degree on Economics, Politics &amp; Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US&rsquo; Western and Japan&rsquo;s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He&rsquo;s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain &amp; Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin 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Mining?","status":"published","modified_content":null},{"chapter_id":9,"order":3,"slug":"what-is-staking-crypto","title":"An Advanced Look into What is Staking Crypto","status":"published","modified_content":null},{"chapter_id":9,"order":4,"slug":"what-is-proof-of-stake-vs-proof-of-work","title":"Proof-of-Work VS Proof-of-Stake: The Differences That Matter","status":"published","modified_content":null},{"chapter_id":9,"order":5,"slug":"what-is-crypto-mining-rig","title":"Crypto Mining Rig: What It is and How to Build One?","status":"published","modified_content":null}]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/crypto-101-glossary.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}]" current-chapter="A" current-section="what-is-ad-hoc">