Crypto Terms:
Letter B
What is Bubble?
Meaning:
Bubble -
is defined as an event in which an asset is exchanged at a price that exceeds the item's intrinsic worth.
Let's find out Bubble meaning, definition in crypto, what is Bubble, and all other detailed facts.
Many individuals throughout the years said that Bitcoin and other cryptocurrencies are a bubble. To be exact, this indicates that the cost of a digital asset or a coin is much bigger than their true worth overall.
Besides, some crypto doubters say that most cryptocurrencies don’t have value at all. This worry about the supposed crypto bubble was very popular back in 2018, at the same time the market capitalization of cryptocurrencies skyrocketed.
Skeptics also point out that it is hard to use cryptocurrencies in the real world, claiming that it is complex to purchase a meal or make payments for services using Ethereum or Bitcoin.
Nonetheless, cryptocurrency applications and use scenarios are expanding by the day. Crypto supporters hope that the system and its tokens will be demonstrated to have genuine worth.
For example, Ethereum grants currency as well as the foundation for an entire ecosystem of decentralized financial and estimating services.
At the time the market cap including all cryptocurrencies was approximately $800 billion, it was still thought that it was unachievable to prescribe inherent worth to crypto. These reasonings go hand in hand with the belief that the main purpose of cryptocurrency is speculating.
DeFi advocates use blockchain technology to provide benefits over traditional financial goods such as loans and insurance. Many feel that this development speaks to the true potential of decentralized technology.
hacking attempts<\/a><\/strong>.<\/p>\n<p>In the context of crypto, businesses like <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-centralized-exchange-cex/">exchange platforms<\/strong><\/a>, <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">wallet operators<\/strong>, and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-protocol/">protocols offer bounties for discovering bugs. Publicly available bounty schemes are announced to patch vulnerabilities before they can be exploited by malicious actors.<\/p>\n<p>The size of a bug bounty is calculated according to the severity of the vulnerability discovered. While individual bug detections may only amount to about $100 in bounty, rewards for more serious weak points in the system can be in the high thousands. Based on data by HackerOne, in 2018, $900,000 was paid out in bug bounties.<\/p>\n<p>Some hackers, known as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-white-hat-computer-hacker/">white hat hackers<\/strong><\/a>, can make a career out of bug detection. Bug bounties are treated as an unofficial, added layer of system support.<\/p>\n<p>Developers working with software have to prioritize code security during the process. The product should possess as few bugs and vulnerabilities as possible before launch. However, in many cases, it is not possible to detect and patch every bug due to human error.<\/p>\n<p>Bug bounties are then established to create an additional level of security. Bounty hunters who detect bugs and report them to the developers help software owners protect their products from exploits or cyber attacks.<\/p>","definition":"a reward offered to users that detect software bugs and vulnerabilities.","status":"published","meta_title":"What is Bug Bounty? Definition & Meaning | Crypto Wiki","meta_description":"Bug Bounty meaning: Bug Bounty - a reward offered to users that detect software bugs and vulnerabilities.","meta_keywords":null}"
:prev-section="{"id":134,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Brute-force_attack","level":"medium","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2023-11-06T07:52:49.000000Z","slug":"what-is-brute-force-attack-bfa","title":"What is Brute Force Attack (BFA)?","section":"B","keyword":"Brute Force Attack (BFA)","content":"<p><strong>The goal of a brute force attack is to breach a password or key through automated trial and error. <\/strong>These assaults are carried out by employing sophisticated software to overload a platform with every possible password or key in an attempt to discover the proper value.<\/p>\n<p>The time expected to undertake a brute force attack is used as an important indicator of an encrypted system's robustness. The time needed to estimate a password is increasing in parallel with the length of the passwords. Likewise, the bit size of cryptographic keys has progressively risen. To be exact, from a starting point of 56 bits to the current norm of 128 or 256 bits.<\/p>\n<p>Keeping that in mind, brute force attacks become achievable only by utilizing supercomputers. However, these supercomputers need very strictly managed environmental conditions, as well as an extremely high energy supply.<\/p>\n<p>Despite this, current <strong>GPUs<\/strong> and hardware <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-asic/">ASICs are readily accessible and ideal for password-cracking operations.<\/p>\n<p>There are a few types of brute force attack styles:<\/p>\n<h3>Credential Stuffing<\/h3>\n<p>This type of brute force attack targets users with weak passwords. They also gather hijacked username and password variations, which they subsequently try on other websites to see if they can obtain access to even more user accounts.<\/p>\n<h3>Simple Brute Force Attacks<\/h3>\n<p>This way hackers try to guess a user’s login information manually, without the help of any software. An example of this would be passwords like “1234”, or <strong>“password123”.<\/strong><\/p>\n<h3>Dictionary Attacks<\/h3>\n<p>The attacker chooses a target and tries out possible passwords against that person’s username.<\/p>\n<h3>Hybrid Brute Force Attacks<\/h3>\n<p>A hacker mixes a simple brute force attack and a dictionary attack. The hacker often knows the username and attempts to figure out an account login combination.<\/p>\n<h3>Reverse Brute Force Attacks<\/h3>\n<p>This sort of attack begins with a known password that was released as a result of a network leak. The attacker then employs that password to search through millions of users for compatible login information.<\/p>","definition":"A brute force attack is a type of hacking technique that relies on trial and error to compromise passwords, encryption keys, and login credentials.","status":"published","meta_title":"What is Brute Force Attack (BFA)? Definition & Meaning | Crypto Wiki","meta_description":"Brute Force Attack (BFA) meaning: Brute Force Attack (BFA) - A brute force attack is a type of hacking technique that relies on trial and error to compromise passwords, encryption keys, and login credentials.","meta_keywords":null}"
:model="{"id":135,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_bubble","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2023-11-25T10:28:14.000000Z","slug":"what-is-bubble","title":"What is Bubble?","section":"B","keyword":"Bubble","content":"<p>Many individuals throughout the years said that <a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin and other cryptocurrencies are a bubble. To be exact, this indicates that the cost of a digital asset or a coin is much bigger than their true worth overall.<\/p>\n<p>Besides, some crypto doubters say that <strong>most cryptocurrencies don’t have value at all<\/strong>. This worry about the supposed crypto bubble was very popular back in 2018, at the same time the market capitalization of cryptocurrencies skyrocketed.<\/p>\n<p>Skeptics also point out that it is hard to use cryptocurrencies in the real world, claiming that <strong>it is complex to purchase a meal or make payments for services using <a href=https://www.bitdegree.org/"//crypto//buy-ethereum-eth/">Ethereum or Bitcoin<\/strong>.<\/p>\n<p>Nonetheless, cryptocurrency applications and use scenarios are expanding by the day. Crypto supporters hope that the system and its tokens will be demonstrated to have <strong>genuine worth.<\/strong><\/p>\n<p>For example, Ethereum grants currency as well as the foundation for an entire ecosystem of decentralized financial and estimating services.<\/p>\n<p>At the time the <strong>market cap <\/strong>including all cryptocurrencies was approximately <strong>$800 billion,<\/strong> it was still thought that it was unachievable to prescribe inherent worth to crypto. These reasonings go hand in hand with the belief that the main purpose of cryptocurrency is speculating.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-defi/">DeFi advocates use blockchain technology to provide benefits over traditional financial goods such as <strong>loans and insurance.<\/strong> Many feel that this development speaks to the true potential of decentralized technology.<\/p>","definition":"is defined as an event in which an asset is exchanged at a price that exceeds the item's intrinsic worth.","status":"published","meta_title":"What is Bubble? Definition & Meaning | Crypto Wiki","meta_description":"Bubble meaning: Bubble - is defined as an event in which an asset is exchanged at a price that exceeds the item's intrinsic worth.","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? 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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Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: 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 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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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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="B"
current-section="what-is-bubble">
