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Crypto Terms:  Letter D

What is DotSama?

Meaning:
DotSama - a crypto portmanteau used to describe the Kusama and Polkadot ecosystems.
easy
1 minute

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

DotSama is the portmanteau used to refer to the Polkadot (DOT) and Kusama (KSM) systems. The term likely first emerged on Twitter.

Polkadot is a sharded level-0 metaprotocol. It allows interoperability between multiple different blockchain networks. Kusama is Polkadot’s canary network, an operational blockchain with a defined token supply.

Dotsama has become a widely used crypto slang when talking about the two systems at once. It is used on Polkadot and Kusama community platforms, as well as various social media.

cryptocurrency. In a double spend attack, a user is able to spend the same amount of cryptocurrency more than once.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-double-spending/">Double-spending is a rare phenomenon in the crypto world. In some cases, <strong>two or more transactions<\/strong> on a blockchain use the same input. While it is possible to duplicate the digital record of <strong>cryptocurrency tokens<\/strong> due to the lack of centralized technology, most cryptocurrencies employ a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-consensus/">consensus algorithm<\/strong><\/a> to prevent double-spending.<\/p>\n<p>Cryptocurrencies using the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-proof-of-work-pow/">Proof-of-Work (PoW)<\/strong><\/a> consensus mechanism, such as <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a>, are <strong>at higher risk<\/strong>. Experienced programmers with a good understanding of blockchain technology may be able to alter or duplicate digital information.<\/p>\n<p>Since Bitcoin transactions are completed <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-peer-to-peer-p2p/">peer-to-peer (P2P)<\/strong><\/a>, without any intermediaries, it is <strong>easier to target them for double-spending attacks<\/strong>. The hackers make a copy of the original transaction to make it look legitimate and original. They can then use the tokens in a different transaction while the <strong>initial coins remain in their wallet<\/strong>. In some instances, the first transaction is erased from the blockchain.<\/p>\n<p>Double spend attacks can also be committed by reversing transactions after the assets or services of the counterparty have been received. The hacker then keeps both the assets they received and the assets that the other party was supposed to receive.<\/p>\n<p>In order to <strong>hide the transactions<\/strong> or make them appear as if they never took place, hackers can send a number of data units known as packets to the network. This makes it seem like <strong>there was no initial transaction<\/strong>.<\/p>\n<p>There are several different types of double spend attacks, such as 51%, Finney, and Race, among others.<\/p>\n<h3>51% Attack<\/h3>\n<p>A <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-51-attack/">51% attack<\/strong><\/a>, or a <strong>majority attack<\/strong>, presents a hypothetical strike against a blockchain network. The idea is that at least 51% of the network <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-node/">nodes are hit, which would grant hackers control of the majority of the network in a consensus mechanism-based system.<\/p>\n<p>51% attacks are extremely complicated to commit as <strong>decentralized networks<\/strong> consistently grow larger and the number of network nodes increases.<\/p>\n<h3>Finney Attack<\/h3>\n<p>A Finney attack can be deceptive, as the merchant does not wait to receive a confirmation of the transaction. A malicious miner can <strong>send tokens between<\/strong> wallets. However, the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-block/">block with this data is not instantly verified.<\/p>\n<p>The user can utilize the tokens in the source wallet to make a purchase. Once the second transaction has been set in place, the miner broadcasts the block that was mined with the information of the first transaction.<\/p>\n<h3>Race Attack<\/h3>\n<p>A <strong>race attack<\/strong> occurs when attackers set up two contradictory transactions and the merchants accept the payments before the transaction is confirmed on the block. The network receives a competing transaction which causes an equal amount of cryptocurrency to return to the attacker. This causes the <strong>first transaction to be invalidated<\/strong>.<\/p>\n<p>While double-spending cannot be completely prevented by the blockchain, the network can defend against it as the decentralized validator nodes work on the transaction authentication process.<\/p>","definition":"a malicious practice in the crypto sphere when the same amount of cryptocurrency is spent twice.","status":"published","meta_title":"What is Double Spend Attack? Definition & Meaning | Crypto Wiki","meta_description":"Double Spend Attack meaning: Double Spend Attack - a malicious practice in the crypto sphere when the same amount of cryptocurrency is spent twice.","meta_keywords":null}" :prev-section="{"id":288,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Dorian_Nakamoto","level":"medium","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2023-11-17T12:48:13.000000Z","slug":"who-is-dorian-nakamoto","title":"Who is Dorian Nakamoto?","section":"D","keyword":"Dorian Nakamoto","content":"<p><strong>The attempt to reveal Bitcoin&rsquo;s founder took the next step when in March of 2015, Newsweek identified Dorian Nakamoto as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//who-is-satoshi-nakamoto/">Satoshi Nakamoto<\/a>.<\/strong><\/p>\n<p>The article was written by Leah McGrath Goodman, and the main indicator that supposedly had to support his claim is Dorian&rsquo;s birth name, which is Satoshi Nakamoto. To deepen the Satoshi narrative, Dorian Nakamoto lived in Temple City, CA, just a few blocks from prime Satoshi suspect <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//who-is-hal-finney/">Hal Finney<\/strong><\/a>.<\/p>\n<p>Moreover, for a long time, Dorian was seen as the fittest candidate for being the real creator of the cryptocurrency for the absence of denial when he was given questions regarding <strong><a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin./n

However, later on, Dorian then dismissed all allegations, claiming that he had never known of Bitcoin before that moment in his interview and that his response to Goodman's inquiry was <strong>a<\/strong> <strong>misunderstanding.<\/strong><\/p>\n<p>To be exact, he previously said: <strong>&ldquo;I am no longer involved in that and I cannot discuss it. It&rsquo;s been turned over to other people. They are in charge of it now. I no longer have any connection.&rdquo;<\/strong><\/p>\n<p>In fact, Dorian stated that he misunderstood Goodman&rsquo;s question as being linked to his work in the military, and after that, he indicated that it was his work on Citibank that he thought Goodman was asking about. Interestingly enough, on the same day, <strong>the real Satoshi&rsquo;s P2P Foundation account<\/strong> had posted the very first comment saying <strong>&ldquo;I am not Dorian Nakamoto.&rdquo;<\/strong><\/p>\n<p>His daughter stated that Nakamoto was fired twice from jobs in the 1990s, which led him to become a libertarian. Later, he advised his daughter to start her own business so she would be <strong>\"not under the control of the government.\"<\/strong><\/p>\n<p>In addition, the publication of an image of Nakamoto's house was the magazine's worst misstep. A quick picture search might readily disclose where it is. While many people did not think Dorian Nakamoto was the creator of Bitcoin, the crypto community was outraged that his anonymity had been breached.<\/p>\n<p>Speaking of which, Dorian Nakamoto still managed to gain profit from the situation when <strong>an online campaign raised approximately 100 bitcoins on his behalf<\/strong>. Moreover, it was a way of the community saying &ldquo;thanks&rdquo;.<\/p>","definition":"is a Japanese-American engineer who some believe is Satoshi Nakamoto, the creator of Bitcoin.","status":"published","meta_title":"Who is Dorian Nakamoto? Definition & Meaning | Crypto Wiki","meta_description":"Dorian Nakamoto meaning: Dorian Nakamoto - is a Japanese-American engineer who some believe is Satoshi Nakamoto, the creator of Bitcoin.","meta_keywords":null}" :model="{"id":293,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Polkadot_(cryptocurrency)","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2024-01-06T15:32:06.000000Z","slug":"what-is-dotsama","title":"What is DotSama?","section":"D","keyword":"DotSama","content":"<p><strong>DotSama<\/strong> is the portmanteau used to refer to the <strong>Polkadot (DOT)<\/strong> and <strong>Kusama (KSM)<\/strong> systems. The term likely first emerged on Twitter.<\/p>\n<p>Polkadot is a <strong>sharded level-0 metaprotocol<\/strong>. It allows <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-interoperability/">interoperability between multiple different blockchain networks. Kusama is Polkadot&rsquo;s <strong>canary network<\/strong>, an <strong>operational blockchain<\/strong> with a <strong>defined token supply<\/strong>.<\/p>\n<p>Dotsama has become a widely used crypto slang when talking about the two systems at once. It is used on Polkadot and Kusama community platforms, as well as various social media.<\/p>","definition":"a crypto portmanteau used to describe the Kusama and Polkadot ecosystems.","status":"published","meta_title":"What is DotSama? Definition & Meaning | Crypto Wiki","meta_description":"DotSama meaning: DotSama - a crypto portmanteau used to describe the Kusama and Polkadot ecosystems.","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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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 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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 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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="D" current-section="what-is-dotsama">