🚨 Get Your Free NFT Certificate Mint by Completing the Web3 Exam! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!
Crypto Terms:  Letter S

What is Selfish Mining?

Meaning:
Selfish Mining - mining mechanism when a new fork is created and the generated block is not shared with the rest of the miners.
medium
2 minutes

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

Selfish mining is a blockchain mechanism that allows block miners to increase their profits. This mechanism utilizes blockchain forks by allowing miners to create new ones and keep their mined blocks to themselves rather than share them with the network.

Mining cryptocurrency such as Bitcoin (BTC) is a resource-intensive process. It can incur high electricity costs and heat emissions due to the energy consumption of the mining rigs and the hash power required.

Blockchains are based on principles of decentralization. The miners that create a new valid block receive rewards in cryptocurrency for their work. Many miners have found that forming mining pools acts as a better incentive to mine and receive rewards.

The issues of resource consumption have led to miners looking for solutions that could optimize the mining process. One of such solutions proposed in 2013 is selfish mining.

Based on the selfish mining mechanism, the miners aren’t required to broadcast their new blocks to the entire blockchain network. Instead, they can create a new fork to improve the processing speed and mitigate the waste of resources.

While each miner can create a newly forked blockchain of their own, they can also join a pre-existing fork. In some cases, a specific fork may grow bigger than the original blockchain. This can impact the decentralization of the entire system as one fork holds more centralized power to mine blocks that are not widely distributed for validation.

The process of selfish mining has significant consequences on the health of the blockchain and its decentralization. It cannot be utilized as a long-term mining strategy because it can severely devalue the tokens.

Selfish mining can also damage the reputation of the cryptocurrency in question as it is no longer verified by the decentralized network. After a while, the miners can see the financial benefits of selfish mining dwindle and it becomes increasingly less sustainable.

limit order<\/strong><\/a> set on the price of a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrency that sells it when its price reaches a specified value. A sell wall can almost certainly <strong>cause the price to drop<\/strong> and it can be placed by anyone, particularly <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-whale/">whales or individuals that have high net worth, to influence asset values to their benefit.<\/p>\n<p>Asset prices can be <strong>suppressed and forced to trade<\/strong> within a specified range by using sell walls. They work by signaling to other traders that the price can't go any higher without hitting severe resistance.&nbsp;<\/p>\n<p>Whales can repeatedly put and remove sell walls on the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-order-book/">order book<\/strong><\/strong><\/a> to manipulate prices. When they do that, it's definitely not with the aim of buying from other traders at similar levels. Mostly, it&rsquo;s with the intention of tricking others into placing sell orders below the wall, which drives the price movement downward.<\/p>\n<p>A large sell wall suggests that once a specific price is reached, the <strong>available supply will quickly grow<\/strong>, lowering both demand and price. Traders then opt not to buy at that price or sell their assets at a cheaper price, allowing whales to profit from shorting possibilities.<\/p>\n<p><strong>The opposite of a sell wall<\/strong> is a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-buy-wall/">buy wall<\/strong><\/a>, which causes the growth of the price and provides support. The majority of <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">exchanges provide <strong>interactive depth charts<\/strong> that show where the buy and sell walls are.<\/p>","definition":"a large limit order placed on a cryptocurrency\u2019s price that sells the currency when it reaches a certain value.","status":"published","meta_title":"What is Sell Wall? Definition & Meaning | Crypto Wiki","meta_description":"Sell Wall meaning: Sell Wall - a large limit order placed on a cryptocurrency\u2019s price that sells the currency when it reaches a certain value.","meta_keywords":null}" :prev-section="{"id":697,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/SegWit","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-26T14:56:35.000000Z","slug":"what-is-segregated-witness-segwit","title":"What is Segregated Witness (SegWit)?","section":"S","keyword":"Segregated Witness (SegWit)","content":"<p><strong>Segwit<\/strong> is a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-soft-fork-blockchain/">soft fork<\/strong><\/a> advancement to the Bitcoin network, and the protocol is aimed at managing scalability issues by decreasing transaction times and increasing <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-block-size/">block size<\/strong><\/strong><\/a> limits on its blockchain. It also focuses on speeding up the validation process by storing more transactions in a block.<\/p>\n<p>To be more specific, SegWit modifies the method to exclude signatures that constitute 60% of a transaction in order to speed up validation.<\/p>\n<p>By current standards, the Bitcoin blockchain is rather slow, processing just seven <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-transactions-per-second-tps/">transactions per second (TPS)<\/strong><\/a>. When Bitcoin values spike, so does network transaction activity, resulting in <strong>network congestion<\/strong>, higher fees, and extremely long processing verification durations.<\/p>\n<p>Furthermore, the Bitcoin network has thousands of computers that operate as identifiers or <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-validator/">validators for the blocks generated by <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-miner/">miners. <strong>The computers are indicated as nodes that maintain a record of every transaction.<\/strong> The record refers to the blockchain.<\/p>\n<p>Because a Bitcoin transaction contains both inputs and outputs (the sender's address is the input and the receiver's address is the output), a digital signature is provided to validate an account's stability. The signature is removed from the input and moved to the conclusion of the transaction by SegWit.<\/p>\n<p>It also offers a security patch, since the input transaction ID might be tampered with to unlawfully acquire Bitcoin from the sender. The transaction identification cannot be altered since the signature is simply pushed to the conclusion of the transaction.<\/p>\n<p>SegWit was launched in August of 2017 after being revealed during a Scaling Bitcoin conference in 2015 by Bitcoin developer Pieter Wuille.<\/p>\n<p>The overall meaning behind it is &ldquo;segregation of transaction signatures&rdquo; and the fulfilled adjustment developed the concept of UASF or user-activated soft fork.<\/p>\n<h3>Was SegWit a Good Idea?<\/h3>\n<p>There are still ongoing disputes in the cryptocurrency industry over whether SegWit is beneficial or not. However, the fact that security has been improved and transaction speeds have been reduced helps the blockchain, miners, and nodes who embrace it.<\/p>\n<p>SegWit resulted in the creation of <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-taproot/">Taproot, as well as an improvement to Bitcoin based on SegWit that enables even quicker validation.<\/p>","definition":"Segwit is a soft fork advancement to the Bitcoin network, and the protocol has a goal of managing scalability issues by decreasing transaction times and increasing block size limits on its blockchain.","status":"published","meta_title":"What is Segregated Witness (SegWit)? Definition & Meaning | Crypto Wiki","meta_description":"Segregated Witness (SegWit) meaning: Segregated Witness (SegWit) - Segwit is a soft fork advancement to the Bitcoin network, and the protocol has a goal of managing scalability issues by decreasing transaction times and increasing block size limits on its blockchain.","meta_keywords":null}" :model="{"id":721,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Mining_pool","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-26T14:58:33.000000Z","slug":"what-is-selfish-mining","title":"What is Selfish Mining?","section":"S","keyword":"Selfish Mining","content":"<p><strong>Selfish mining<\/strong> is a blockchain mechanism that allows <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-miner/">block miners<\/strong><\/a> to increase their profits. This mechanism utilizes <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fork-blockchain/">blockchain forks<\/strong><\/a> by allowing miners to create new ones and <strong>keep their mined blocks to themselves<\/strong> rather than share them with the network.<\/p>\n<p>Mining cryptocurrency such as <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a> is a resource-intensive process. It can incur high electricity costs and heat emissions due to the energy consumption of the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-mining-rig/">mining rigs<\/strong><\/strong><\/a> and the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-hash-power-hashrate/">hash power<\/strong><\/a> required.<\/p>\n<p>Blockchains are based on principles of decentralization. The miners that create a new valid block receive rewards in cryptocurrency for their work. Many miners have found that forming <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-mining-pool/">mining pools<\/strong><\/strong><\/a> acts as a better incentive to mine and receive rewards.<\/p>\n<p>The issues of resource consumption have led to miners looking for solutions that could optimize the mining process. One of such solutions proposed in 2013 is selfish mining.<\/p>\n<p>Based on the selfish mining mechanism, <strong>the miners aren&rsquo;t required to broadcast their new blocks to the entire blockchain network<\/strong>. Instead, they can create a new fork to improve the processing speed and mitigate the waste of resources.<\/p>\n<p>While each miner can create a newly forked blockchain of their own, they can also join a pre-existing fork. In some cases, a <strong>specific fork may grow bigger than the original blockchain<\/strong>. This can impact the decentralization of the entire system as one fork holds more centralized power to mine blocks that are not widely distributed for validation.<\/p>\n<p>The process of selfish mining has significant consequences on the health of the blockchain and its decentralization. It cannot be utilized as a long-term mining strategy because it can severely devalue the tokens.<\/p>\n<p>Selfish mining can also damage the reputation of the cryptocurrency in question as it is no longer verified by the decentralized network. After a while, the <strong>miners can see the financial benefits of selfish mining dwindle<\/strong> and it becomes increasingly less sustainable.<\/p>","definition":"mining mechanism when a new fork is created and the generated block is not shared with the rest of the miners.","status":"published","meta_title":"What is Selfish Mining? Definition & Meaning | Crypto Wiki","meta_description":"Selfish Mining meaning: Selfish Mining - mining mechanism when a new fork is created and the generated block is not shared with the rest of the miners.","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 Killer","status":"published","modified_content":null},{"chapter_id":2,"order":10,"slug":"what-is-solana-in-crypto","title":"Is Solana an Improved Version of Ethereum?","status":"published","modified_content":null},{"chapter_id":2,"order":11,"slug":"what-is-polkadot-in-crypto","title":"The Bridge Between Blockchains: Polkadot","status":"published","modified_content":null},{"chapter_id":2,"order":12,"slug":"what-is-polygon-in-crypto","title":"Polygon: the Essential Scaling Solution for Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":13,"slug":"what-is-luna-crypto","title":"The Bumpy Road of Terra (LUNA)","status":"published","modified_content":null},{"chapter_id":2,"order":14,"slug":"what-is-fantom-crypto","title":"Is Fantom (FTM) Yet Another Ethereum Killer?","status":"published","modified_content":null},{"chapter_id":2,"order":15,"slug":"what-is-aave-crypto","title":"Aave: Crypto Lending Trailblazer","status":"published","modified_content":null},{"chapter_id":2,"order":16,"slug":"what-is-algorand-crypto","title":"Did Algorand Truly Solve the Blockchain Trilemma?","status":"published","modified_content":null},{"chapter_id":2,"order":17,"slug":"what-is-olympus-dao","title":"Does Olympus DAO Have Anything to Do With Mythology?","status":"published","modified_content":null},{"chapter_id":2,"order":18,"slug":"what-is-avax","title":"Is Avalanche Network (AVAX) Rightfully Called the Future of DeFi?","status":"published","modified_content":null},{"chapter_id":2,"order":19,"slug":"what-is-monero-coin","title":"Monero: Where Cryptocurrency Meets Cryptography","status":"published","modified_content":null},{"chapter_id":2,"order":20,"slug":"what-is-ripple-xrp","title":"Is Ripple \"it\" When it Comes to Cross-Border Transactions?","status":"published","modified_content":null},{"chapter_id":2,"order":21,"slug":"practical-use-of-cryptocurrencies","title":"The Practical Use of 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 Cryptocurrencies?","status":"published","modified_content":null},{"chapter_id":7,"order":2,"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You Have?","status":"published","modified_content":null},{"chapter_id":7,"order":3,"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","status":"published","modified_content":null},{"chapter_id":7,"order":4,"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","status":"published","modified_content":null},{"chapter_id":7,"order":5,"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","status":"published","modified_content":null},{"chapter_id":7,"order":6,"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","status":"published","modified_content":null},{"chapter_id":7,"order":7,"slug":"what-is-a-perpetual-contract","title":"Perpetual Contracts: Futures Contracts Without an Expiration 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 & Tokens?","status":"published","modified_content":null},{"chapter_id":8,"order":5,"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","status":"published","modified_content":null},{"chapter_id":8,"order":46,"slug":"portfolio-diversification-definition","title":"Portfolio Diversification: The Whats, the Whys, and the Hows","status":"published","modified_content":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-mining.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-mining-101.jpg","rating":80,"sections":[{"chapter_id":9,"order":1,"slug":"what-is-crypto-mining","title":"Crypto Mining: What It is and How Does It Work?","status":"published","modified_content":null},{"chapter_id":9,"order":2,"slug":"what-is-a-mining-pool","title":"Mining Pools: Is Collective Mining Better Than Solo 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="S" current-section="what-is-selfish-mining">