Crypto Terms:
Letter P
What is Pseudonymous?
Meaning:
Pseudonymous -
A pseudonym is a fictitious name or nickname made by someone who does not want to reveal their true name.
Let's find out Pseudonymous meaning, definition in crypto, what is Pseudonymous, and all other detailed facts.
A pseudonym is a made-up name or nickname used by someone who does not want their genuine identity revealed. A well-known example is Satoshi Nakamoto, the enigmatic founder of Bitcoin who never revealed his true identity. Many people tied his identity to other individuals that are known in the crypto world by providing various types of evidence. However, none of them succeeded to prove anything fully.
secret keys<\/strong><\/a>.<\/p>\n<p>PRGs differ from true random number generators (TRNGs). TRNGs produce numbers using an unexpected physical mechanism, such as atmospheric noise. PRGs, on the other hand, <strong>employ mathematical algorithms, which are completely computer-generated.<\/strong><\/p>","definition":"a definite function's ability to yield an outcome that passes the statistical randomness tests.","status":"published","meta_title":"What is Pseudorandom? Definition & Meaning | Crypto Wiki","meta_description":"Pseudorandom meaning: Pseudorandom - a definite function's ability to yield an outcome that passes the statistical randomness tests.","meta_keywords":null}"
:prev-section="{"id":931,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Cryptographic_protocol","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2023-11-23T13:45:08.000000Z","slug":"what-is-protocol-layer","title":"What is Protocol Layer?","section":"P","keyword":"Protocol Layer","content":"<p><strong>A Protocol Layer<\/strong> is a key component of the blockchain network. It’s a type of layer that acts as a foundation for the entire <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-network/">network. Developers can also utilize it within their blockchain networks. For example, in order to create transactions or develop <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-smart-contract/">smart contracts<\/strong><\/a> that operate by their established rules.<\/p>\n<p>There are many layers within the blockchain. Below are a few examples:<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-application-layer/">Application Layer<\/strong><\/a>. This layer focuses on the interactions with the user. For example, Metamask, Ethereum Wallet, or any other <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-are-decentralized-applications-dapps/">dApps within a specific blockchain. <\/p>\n<p><strong>Contract Layer<\/strong>. The key element within this layer is smart contract protocols. For example, Ethereum’s Solidity or Neo’s Neo Contract. These smart contracts facilitate processes like the state change while also completing transactions.<\/p>\n<p>Protocol Layer. This layer calls attention to the public ledger. Specifically, how to create a way for new transactions to be added to it. Additionally, the protocol layer defines ways for new nodes to join an existing blockchain and then sync with it. <\/p>\n<p>Moreover, <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-consensus-mechanism/">consensus algorithms<\/strong><\/a> such as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-proof-of-work-pow/">Proof-of-Work (PoW)<\/strong><\/a> are stored within the protocol layer. This algorithm makes it possible for each and every network participant to come to an agreement regarding the type of information and time it is to be added.<\/p>\n<p>Consensus algorithms have a variety of uses such as making sure that every transaction is legitimate. Also, consensus algorithms like Proof-of-Work (PoW) prevent <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-double-spending/">double-spending by making it so the attackers need control over half of the computing power throughout the network. Thus making it an expensive venture for cybercriminals. <\/p>\n<p>Let’s have a look at Bitcoin in order to understand this term better. The Proof-of-Work consensus algorithm is used by one of the most popular cryptocurrencies. <\/p>\n<p><strong>What does Proof-of-Work do?<\/strong> Its most basic function is to allow anyone who has the necessary computing power to add blocks of transactions to the blockchain. <\/p>\n<p>The protocol layer outlines the basic requirements for creating and adding new blocks and transactions to the blockchain.<\/p>\n<p>Additionally, it has a mechanism that enables network participants to reach a consensus in regards to which transactions are legitimate and what orders they should go in.<\/p>\n<p>Besides, the type of information that can be added to the blockchain is determined by the protocol layer. The key rule is that all network participants must reach a consensus in regards to what information can be added as well as what order it should be added.<\/p>\n<p>There is a wide range of rules within the protocol layer in regards to:<\/p>\n<ul>\n<li>Taking a certain value from one address and transferring it to another address;<\/li>\n<li>Tracking and recording transactions within a public ledger;<\/li>\n<li>The mining process;<\/li>\n<li>Creating new blocks;<\/li>\n<li>Adding new nodes.<\/li>\n<\/ul>","definition":"is a foundational layer within the blockchain network.","status":"published","meta_title":"What is Protocol Layer? Definition & Meaning | Crypto Wiki","meta_description":"Protocol Layer meaning: Protocol Layer - is a foundational layer within the blockchain network.","meta_keywords":null}"
:model="{"id":635,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Pseudonymous","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-10-10T13:31:38.000000Z","slug":"what-is-pseudonymous","title":"What is Pseudonymous?","section":"P","keyword":"Pseudonymous","content":"<p>A pseudonym is a <strong>made-up name<\/strong> <strong>or nickname<\/strong> used by someone who <strong>does not want their genuine identity revealed<\/strong>. A well-known example is <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//who-is-satoshi-nakamoto/">Satoshi Nakamoto<\/strong><\/a>, the enigmatic <strong>founder of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin who never revealed his true identity. <strong>Many people tied his identity to other individuals<\/strong> that are known in the crypto world <strong>by providing various types of evidence<\/strong>. However, <strong>none of them succeeded<\/strong> to prove anything fully.<\/p>","definition":"A pseudonym is a fictitious name or nickname made by someone who does not want to reveal their true name.","status":"published","meta_title":"What is Pseudonymous? Definition & Meaning | Crypto Wiki","meta_description":"Pseudonymous meaning: Pseudonymous - A pseudonym is a fictitious name or nickname made by someone who does not want to reveal their true name.","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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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 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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 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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="P"
current-section="what-is-pseudonymous">
