Crypto Terms:
Letter P
What is Password Manager?
Meaning:
Password Manager -
an app or software used to store and manage passwords for various accounts or services.
Let's find out Password Manager meaning, definition in crypto, what is Password Manager, and all other detailed facts.
A password manager is a tool used to securely store and manage passwords for various accounts, internet provider services, and other sensitive login data. Passwords managers encrypt the passwords to ensure they can only be accessed by an authorized party that holds a decryption key.
Some web browsers have pre-installed password manager services. However, they are often criticized for considerably poor security and threats to the users’ sensitive information.
Passwords managers typically rely on one master password that acts as the key to access all stored data. Some managers can also be used to store additional information, such as private notes. Users can enable two-factor authentication (2FA) to reinforce security measures.
Users must keep their master password secure as cracking it will grant hackers access to all encrypted data on the account.
Satoshi Nakamoto<\/strong><\/a>, the <strong>anonymous<\/strong> creator of <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/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain technology<\/strong><\/a>.<\/p>\n<p>Paul Le Roux was born in Zimbabwe in 1972 and holds Zimbabwean, Australian, and South African citizenship. He became interested in computer technology as a teen and after learning programming started working in the UK, US, and Australia.<\/p>\n<p>Le Roux created <strong>E4M (Encryption for the Masses)<\/strong>, encryption software used to provide users with more privacy. One of the core goals of Le Roux’s project was that individuals must have as much privacy from the government as possible. He worked on numerous encryption projects around the world.<\/p>\n<p>Le Roux was behind a number of websites used to access prescription medicine under questionable circumstances. He launched a company RX Limited which made profits in the millions via the <strong>sales on the websites<\/strong>. He expanded his business to other industries, such as land leasing in Zimbabwe.<\/p>\n<p>In The Philippines, Le Roux oversaw a number of business ventures via shell companies tied to criminal activities, such as arms dealing, money laundering, and gold smuggling.<\/p>\n<p>While leading a cartel in Manila, Le Roux was approached by the US Drug Enforcement Administration (DEA) to work as an informant. He was later <strong>investigated and arrested<\/strong> for a number of charges after an undercover operation in Liberia. In 2020, he was sentenced to 25 years in the US on numerous charges.<\/p>\n<p>Paul Le Roux was named as a potential candidate to be Satoshi Nakamoto based on numerous pieces of evidence. One of the main arguments for this theory is that Le Roux’s sentence occurred around the same time as the final posts shared by Nakamoto online.<\/p>","definition":"programmer and former criminal cartel boss, one of the suspects to be Satoshi Nakamoto.","status":"published","meta_title":"Who is Paul Le Roux? Definition & Meaning | Crypto Wiki","meta_description":"Paul Le Roux meaning: Paul Le Roux - programmer and former criminal cartel boss, one of the suspects to be Satoshi Nakamoto.","meta_keywords":null}"
:prev-section="{"id":999,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Passive_management","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2023-12-07T19:40:06.000000Z","slug":"what-is-passive-management","title":"What is Passive Management?","section":"P","keyword":"Passive Management","content":"<p>Passive management, also known as <strong>indexing<\/strong>, is an investing method. It isn't dependent on active exposure. It rather aims to <strong>mimic a market index.<\/strong> <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-sandp-500-standard-and-poors-500/">The S&P 500 index<\/a> <\/strong>is an example of an index that passive management could mimic. With passive management, there are no attempts to profit from market inefficiencies as it is with active portfolio management. Thus, passive management doesn’t rely on subjective human judgments.<\/p>\n<p>The basic premise of passive management is that <strong>humans cannot really outperform the market.<\/strong> Instead, they should “go with the flow” of the market. This concept also correlates with <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-efficient-market-hypothesis-emh/">the efficient-market hypothesis (EMH)<\/strong><\/a>. The theory states that current market prices reflect all available data. Thus, it implies that, in the long term, humans cannot outsmart the market.<\/p>\n<p>The primary benefits of passive management include <strong>cheaper fees and operating costs.<\/strong> In addition to that, it decreases investing risks. A passive management strategy usually constructs a long-term portfolio. The main task of such a portfolio is to track the performance of a stock market index. <strong>Mutual and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange-traded-fund-etf/">exchange-traded funds (ETF)<\/a> <\/strong>are common examples of investment funds that employ this method.<\/p>\n<p>Thus, a much larger market performance affects the success of passive management. Market performance is usually measured with a certain index. Basically, this implies that, when it comes to asset selection, <strong>human error isn't a problem with passive management. <\/strong>Besides, due to their reduced expenses, passive portfolio management solutions usually outperform active management.<\/p>","definition":"an investment strategy that tracks an existing economic index rather than relying on active market exposure.","status":"published","meta_title":"What is Passive Management? Definition & Meaning | Crypto Wiki","meta_description":"Passive Management meaning: Passive Management - an investment strategy that tracks an existing economic index rather than relying on active market exposure.","meta_keywords":null}"
:model="{"id":590,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Password_Manager","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-07T19:40:54.000000Z","slug":"what-is-password-manager","title":"What is Password Manager?","section":"P","keyword":"Password Manager","content":"<p>A <strong>password manager<\/strong> is a tool used to securely store and manage passwords for various accounts, internet provider services, and other sensitive login data. Passwords managers encrypt the passwords to ensure they can only be accessed by an authorized party that holds a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-decryption/">decryption key<\/strong><\/a>.<\/p>\n<p>Some web browsers have pre-installed password manager services. However, they are often criticized for considerably <strong>poor security<\/strong> and threats to the users’ sensitive information.<\/p>\n<p>Passwords managers typically rely on one master password that acts as the key to access all stored data. Some managers can also be used to store additional information, such as private notes. Users can enable <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-two-factor-authentication-2fa/">two-factor authentication (2FA)<\/strong><\/a> to reinforce security measures.<\/p>\n<p>Users must <strong>keep their master password secure<\/strong> as cracking it will grant hackers access to all encrypted data on the account.<\/p>","definition":"an app or software used to store and manage passwords for various accounts or services.","status":"published","meta_title":"What is Password Manager? Definition & Meaning | Crypto Wiki","meta_description":"Password Manager meaning: Password Manager - an app or software used to store and manage passwords for various accounts or services.","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."}}}"
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current-chapter="P"
current-section="what-is-password-manager">
