Crypto Terms:
Letter A
What is Asynchronous?
Meaning:
Asynchronous -
two or more occurrences that do not happen at the same time; antonym of synchronous.
Let's find out Asynchronous meaning, definition in crypto, what is Asynchronous, and all other detailed facts.
Asynchrony refers to events that do not take place at the same time. Computer scientists use the term to describe events that occur independently of their program.
Events in an asynchronous system are used as an activity synchronization tool, logging system changes. The performance of asynchronous systems does not require foreign signals or messages.
Most asynchronous systems are built using a modular design, where each module operates autonomously while maintaining interactions with other modules. The interconnected modules bind together to create a fully functioning system.
The process of supplying data sequentially rather than perpetually is called asynchronous communication. Common examples of such communication are instant messaging tools and emails, where users can send messages at different times.
In the crypto world, some of the commonly used systems are asynchronous and semi-synchronous blockchains. The nodes do not receive feedback regarding the status of the data being transmitted from the networks. This increases transaction throughput as the messages of nodes do not have to all be processed at the same time by other nodes.
Semi-synchronous networks are used to prevent any network partition. Failure to prevent this could negatively impact the consensus of the network nodes. Semi-synchronous networks are accessible and can execute all transactions without delay.
If a network prioritizes consistency over accessibility, users may encounter transaction delays as all operations have to stand in a queue.
smart contract<\/strong><\/a> developed for decentralized exchanges (DEX).<\/p>\n<p>Atomic swaps are one of the most decentralized cryptocurrency exchange methods. <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-automated-market-maker-amm/">Automated Market Maker (AMM)<\/strong><\/a> DEXs usually rely on centralized liquidity pools to enable trading. The transaction speeds are faster than other services.<\/p>\n<p><strong>Atomic swaps use<\/strong> <strong>hash timelock contracts (HTLC)<\/strong>, which contain a hashlock that’s used to lock and unlock the deposited crypto. The only party that holds access to the hashlock key is the depositor. Atomic swaps also have a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-timelock/">timelock that sets an automatic return of the funds to the depositor in case the parties do not complete the transaction within a specific timeframe.<\/p>\n<p>When an atomic swap occurs, only two scenarios are possible. In the first scenario, both parties receive the funds, and the transaction is successful. In the other scenario, nothing happens. Both parties retain their funds, discounting the transaction fee. <strong>Atomic swaps are among the most secure methods of trading digital assets.<\/strong><\/p>\n<p>To initiate an atomic swap, one of the two parties involved creates an HTLC address to deposit their cryptocurrency or tokens. A passcode and a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-hash/">hash are automatically generated. Party A forwards the hash to Party B. Party B can then use the hash to generate an address of their own.<\/p>\n<p>Party B deposits their assets in their address which Party A can access with the initial password. The contract then automatically forwards the passcode to Party B to access the assets that Party A had deposited.<\/p>\n<p>Both parties have to sign the contracts within a specific time period. If the contracts remain unsigned, the deposits are returned to each party and the transaction does not proceed.<\/p>\n<p>Traders can use atomic swaps on-chain to trade different native coins throughout different blockchains. Atomic swap technology is considered to be protocol agnostic. This means that different crypto assets, like <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a> and <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-ethereum-eth/">Ethereum (ETH)<\/strong><\/strong><\/a> can be swapped without relying on wrapped tokens or opting to use a centralized exchange.<\/p>","definition":"the process of transferring cryptocurrency directly between two parties, without the interference of a third party.","status":"published","meta_title":"What is Atomic Swap? Definition & Meaning | Crypto Wiki","meta_description":"Atomic Swap meaning: Atomic Swap - the process of transferring cryptocurrency directly between two parties, without the interference of a third party.","meta_keywords":null}"
:prev-section="{"id":41,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Astroturfing","level":"medium","author_id":1,"created_at":"2023-06-19T06:58:58.000000Z","updated_at":"2024-01-09T22:55:04.000000Z","slug":"what-is-astroturfing","title":"What is Astroturfing?","section":"A","keyword":"Astroturfing","content":"<p><strong>Astroturfing is a phrase that refers to a method of engaging in marketing and PR messages that mask their true motives in a grassroots community, with the purpose of gaining trust and authenticity.<\/strong><\/p>\n<p>In the modern-day, astroturfing is performed by using the internet, religious groups, various companies, and public interest groups that flood your inbox with a big amount of e-mails that could come from a single source utilizing several identities.<\/p>\n<p>This strategy has been used for a long time <strong>by private firms and political organizations<\/strong>. This involves, for example, pharmacies that might sponsor patient support groups as a way of showcasing their products.<\/p>\n<p>Another example would be when the <strong>Lobbyist firm Bonner & Associates was caught pretending to the NAACP to sabotage American Clean Energy and Security Act<\/strong>. The company fabricated the letters to Tom Perriello saying to vote against the bill for economic reasons.<\/p>\n<p>Astroturfing can be used by any organization <strong>to create a false identity without any additional barriers<\/strong>. All the content can be published, depending on what the organization determines. Besides, the method gained popularity with the explosion of the internet.<\/p>\n<p><strong>A “persona management” software<\/strong> is able to implement fake online identities with their own IP address and online history. <strong>Telegram and Discord<\/strong> have been using astroturfing as a way to generate interest in <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-initial-coin-offering-ico/">ICOs. Several marketing firms might be focused on launching astroturfing operations tailored for the crypto industry, according to speculations.<\/p>\n<p>To manage the usage of astroturfing, social media users, influencers, and bloggers are obligated to emphasize their sponsored content with an <strong>#ad<\/strong> tag in a lot of countries.<\/p>\n<p>To be aware of the astroturfing activities, there are several <strong>tools<\/strong> you can use to uncover the authenticity of profiles on social media. Additionally, you can always be aware of the quick growth in Discord and Telegram community membership.<\/p>","definition":"is a term that refers to a way of participating in marketing and public relations messaging that conceal their genuine motivations in a grassroots group in order to establish trust and authenticity.","status":"published","meta_title":"What is Astroturfing? Definition & Meaning | Crypto Wiki","meta_description":"Astroturfing meaning: Astroturfing - is a term that refers to a way of participating in marketing and public relations messaging that conceal their genuine motivations in a grassroots group in order to establish trust and authenticity.","meta_keywords":null}"
:model="{"id":63,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Asynchronous","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:58.000000Z","updated_at":"2024-01-09T22:58:14.000000Z","slug":"what-is-asynchronous","title":"What is Asynchronous?","section":"A","keyword":"Asynchronous","content":"<p><strong>Asynchrony<\/strong> refers to events that do not take place at the same time. Computer scientists use the term to describe events that occur independently of their program.<\/p>\n<p>Events in an asynchronous system are used as an activity synchronization tool, logging system changes. The performance of asynchronous systems does not require foreign signals or messages.<\/p>\n<p>Most asynchronous systems are built using a modular design, where each module operates autonomously while maintaining interactions with other modules. The interconnected modules bind together to create a fully functioning system.<\/p>\n<p>The process of supplying data sequentially rather than perpetually is called <strong>asynchronous communication<\/strong>. Common examples of such communication are instant messaging tools and emails, where users can send messages at different times.<\/p>\n<p>In the crypto world, some of the commonly used systems are asynchronous and semi-synchronous <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchains. The <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-node/">nodes do not receive feedback regarding the status of the data being transmitted from the networks. This increases transaction throughput as the messages of nodes do not have to all be processed at the same time by other nodes.<\/p>\n<p><strong>Semi-synchronous networks<\/strong> are used to prevent any network partition. Failure to prevent this could negatively impact the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-consensus-mechanism/">consensus of the network nodes. Semi-synchronous networks are accessible and can execute all transactions without delay.<\/p>\n<p>If a network prioritizes consistency over accessibility, users may encounter transaction delays as all operations have to stand in a queue.<\/p>","definition":"two or more occurrences that do not happen at the same time; antonym of synchronous.","status":"published","meta_title":"What is Asynchronous? Definition & Meaning | Crypto Wiki","meta_description":"Asynchronous meaning: Asynchronous - two or more occurrences that do not happen at the same time; antonym of synchronous.","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’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’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’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 & 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? 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The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens (NFTs)?","status":"published","modified_content":null},{"chapter_id":6,"order":1,"slug":"what-is-defi","title":"What is Decentralized Finance (DeFi)?","status":"published","modified_content":null},{"chapter_id":6,"order":2,"slug":"what-is-defi-2-0","title":"DeFi 2.0: The New Version of Decentralized Finance","status":"published","modified_content":null},{"chapter_id":6,"order":3,"slug":"what-are-dapps-in-crypto","title":"What Are dApps and How Do They Work?","status":"published","modified_content":null},{"chapter_id":6,"order":4,"slug":"defi-dapps","title":"Picking the Right dApps: Dos and Don'ts","status":"published","modified_content":null},{"chapter_id":6,"order":5,"slug":"what-is-web-3-0","title":"Web 3.0: The Future of the Internet","status":"published","modified_content":null},{"chapter_id":6,"order":6,"slug":"what-are-smart-contracts","title":"What is the Core Purpose of Smart Contracts?","status":"published","modified_content":null},{"chapter_id":6,"order":7,"slug":"what-is-a-dao-in-crypto","title":"The Notion of a Decentralized Autonomous Ogranization (DAO)","status":"published","modified_content":null},{"chapter_id":6,"order":8,"slug":"what-is-staking-in-crypto","title":"What is the Goal of Staking Crypto Assets?","status":"published","modified_content":null},{"chapter_id":6,"order":9,"slug":"what-is-liquidity-pool-in-crypto","title":"What is a Liquidity Pool and How Does It Work?","status":"published","modified_content":null},{"chapter_id":6,"order":10,"slug":"what-is-automated-market-maker","title":"Automated Market Maker: the Cornerstone of the Decentralized Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":6,"order":11,"slug":"what-is-yield-farming-in-crypto","title":"The Main Yield Farming Techniques","status":"published","modified_content":null},{"chapter_id":6,"order":12,"slug":"what-is-an-oracle-in-crypto","title":"Crypto Oracles: The Link Between Blockchain and Outside World Data","status":"published","modified_content":null},{"chapter_id":6,"order":13,"slug":"crypto-gambling","title":"The Peculiarities of Decentralized Crypto Gambling","status":"published","modified_content":null},{"chapter_id":6,"order":14,"slug":"what-is-the-metaverse","title":"Metaverse: A New Perception of Reality","status":"published","modified_content":null}]},{"id":7,"title":"Trading & Investing","slug":"trading-and-investing","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-trading.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-trading-101.jpg","rating":80,"sections":[{"chapter_id":7,"order":1,"slug":"where-to-trade-crypto","title":"Where Can You Trade Cryptocurrencies?","status":"published","modified_content":null},{"chapter_id":7,"order":2,"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You Have?","status":"published","modified_content":null},{"chapter_id":7,"order":3,"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","status":"published","modified_content":null},{"chapter_id":7,"order":4,"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","status":"published","modified_content":null},{"chapter_id":7,"order":5,"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","status":"published","modified_content":null},{"chapter_id":7,"order":6,"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","status":"published","modified_content":null},{"chapter_id":7,"order":7,"slug":"what-is-a-perpetual-contract","title":"Perpetual Contracts: Futures Contracts Without an Expiration Date","status":"published","modified_content":null},{"chapter_id":7,"order":8,"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":9,"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","status":"published","modified_content":null},{"chapter_id":7,"order":10,"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":11,"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","status":"published","modified_content":null},{"chapter_id":7,"order":12,"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","status":"published","modified_content":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-analysis.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-analysis-101.jpg","rating":100,"sections":[{"chapter_id":8,"order":1,"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","status":"published","modified_content":null},{"chapter_id":8,"order":2,"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","status":"published","modified_content":null},{"chapter_id":8,"order":3,"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","status":"published","modified_content":null},{"chapter_id":8,"order":4,"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & 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current-chapter="A"
current-section="what-is-asynchronous">
