Flash Loan Attack
Riccardo Dondi
Understanding flash loan attacks in cryptocurrency: how they work, their risks, and preventive measures to safeguard the DeFi ecosystem from these exploits.
Riccardo Dondi
Flash Loan
Flash loans are uncollateralized loans executed within a single blockchain transaction, enabling rapid financial activities like arbitrage and collateral swapping.
Fiat
Fiat currencies, issued by governments and not backed by commodities, serve as a stable bridge between traditional finance and volatile cryptocurrencies.
Federated Blockchain
Federated blockchains offer enhanced security and efficiency by allowing multiple organizations to manage and validate transactions collaboratively.
FDV
FDV, or Fully Diluted Valuation, estimates a cryptocurrency's total market cap if all possible coins were in circulation, aiding long-term investment decisions.
Faucet
In cryptocurrency, a faucet rewards users with small amounts of digital currency for completing simple tasks, offering a low-risk entry and educational opportunity.
Fantom
Fantom is a high-speed, secure blockchain platform designed for scalable dApps and digital assets, utilizing the unique Lachesis consensus mechanism.
Exchange
An exchange in cryptocurrency is a digital marketplace for buying, selling, and trading cryptocurrencies, crucial for liquidity, price discovery, and asset transfer.
Ethereum Virtual Machine (EVM)
The Ethereum Virtual Machine (EVM) is a decentralized, Turing-complete virtual machine essential for executing smart contracts and DApps on the Ethereum network.
Ethereum
Ethereum is a blockchain platform enabling smart contracts and dApps, with Ether (ETH) as its native cryptocurrency, and is evolving to Ethereum 2.0 for better scalability and security.