Crypto Terms:
Letter R
What is Revoke?
Meaning:
Revoke -
to cancel an agreement, a transaction, an approval, or any other process.
Let's find out Revoke meaning, definition in crypto, what is Revoke, and all other detailed facts.
Revoking is officially stating that a contract, authorization, or law is no longer in force. When it comes to crypto, this verb is typically used when talking about canceling token-based permissions and approvals that a smart contract has over your crypto assets.
block <strong>#1220516<\/strong> in January 2017. After September 2017, this characteristic became important for every transaction that takes place on the network.<\/p>\n<p>And it makes sense because Ring CT discloses and enhances the edition of ring signatures identified as a multi-layered linkable unexpected anonymous group signature, which enables concealed amounts, origins, and routes of transactions with a high degree of productivity and is a proveable and untraceable coin generation technique.<\/p>\n<p>The cryptographic proof is included in these confidential transactions that <strong>show evidence that the quantity of the input amount is the same as the quantity of the output amount<\/strong>.<\/p>\n<p>Furthermore, no numbers are required to be exposed, and users may still track which addresses gave and accepted funds.<\/p>\n<p>Overall, Monero transactions are invisible owing to ring signatures, and the destination of payments is disguised through stealth addresses. In regards to that, Ring CT manages to safeguard the confidentiality of more than just the transaction sums.<\/p>","definition":"Ring CT is an abbreviation for Ring Confidential Transactions, and it outlines how transaction quantities in Monero are hidden.","status":"published","meta_title":"What is Ring CT (Confidential Transactions)? Definition & Meaning | Crypto Wiki","meta_description":"Ring CT (Confidential Transactions) meaning: Ring CT (Confidential Transactions) - Ring CT is an abbreviation for Ring Confidential Transactions, and it outlines how transaction quantities in Monero are hidden.","meta_keywords":null}"
:prev-section="{"id":657,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Economic_indicator","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-05T10:47:40.000000Z","slug":"what-is-reverse-indicator","title":"What is Reverse Indicator?","section":"R","keyword":"Reverse Indicator","content":"<p>A <strong>reverse indicator<\/strong> is an individual who can be an example of <strong>how not to make <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-market-order-market-buy-market-sell/">buy or sell orders<\/a><\/strong> since they are always inaccurate about anticipating <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrency price movements<\/strong>. It can also refer to a person that the user is obligated to always “<strong>bet against<\/strong>”. Reverse indicators can be used by traders to <strong>predict wrong moves in the crypto market<\/strong>. However, there are <strong>some risks<\/strong> associated with using reverse indicators.<\/p>\n<p> <\/p>","definition":"is a person who can be used to portray how not to make buy or sell orders.","status":"published","meta_title":"What is Reverse Indicator? Definition & Meaning | Crypto Wiki","meta_description":"Reverse Indicator meaning: Reverse Indicator - is a person who can be used to portray how not to make buy or sell orders.","meta_keywords":null}"
:model="{"id":9202,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Revoke","level":"easy","author_id":4,"created_at":"2023-07-21T06:34:20.000000Z","updated_at":"2023-11-27T20:53:10.000000Z","slug":"what-is-revoke","title":"What is Revoke?","section":"R","keyword":"Revoke","content":"<p>Revoking is officially stating that a contract, authorization, or law is no longer in force. When it comes to crypto, this verb is typically used when talking about <strong>canceling token-based permissions and approvals that a <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//what-are-smart-contracts/">smart contract<\/a> has over your crypto assets<\/strong>.<\/p>","definition":"to cancel an agreement, a transaction, an approval, or any other process.","status":"published","meta_title":"What is Revoke? Definition & Meaning | Crypto Wiki","meta_description":"Revoke meaning: Revoke - to cancel an agreement, a transaction, an approval, or any other process.","meta_keywords":null,"author":{"id":4,"user_id":5,"created_at":"2023-05-10T11:56:23.000000Z","updated_at":"2023-05-11T07:19:57.000000Z","title":"Lead Crypto Researcher","slug":"ain-n-lead-crypto-researcher","description":"<p>Ain is the Lead Crypto Researcher. Her vast experience with crypto and blockchain tech-related content allows her to identify the key pieces of information that should be presented to the learner, and ensure the validity of the gathered data.<\/p>\n<p>With a degree in New Media studies, she has developed an extensive list of techniques to educate people via new, research-proven study models based on deduction and long-term human memory.<\/p>\n<p>Ain approaches everything with unequivocal attention to detail. Her main goals are to erase the ambiguity surrounding many Web3 concepts, and to guide content writers in presenting difficult crypto-related concepts in an easy-to-understand manner.<\/p>\n<p>Even though content strategy is her main passion, Ain also enjoys reading high-fantasy books and watching superhero movies.<\/p>","user":{"id":5,"first_name":"Ain","last_name":"N.","email":"ain@bitdegree.org","email_sanitized":"ain@bitdegree.org","email_verified_at":null,"must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2642,"referral_token":"qjnrnAiacl3sNs9U","referred_by":null,"created_at":"2023-05-04T10:07:43.000000Z","updated_at":"2023-12-11T09:14:14.000000Z","full_name":"Ain N."}}}"
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current-chapter="R"
current-section="what-is-revoke">
