Watchtower
A Watchtower enhances security in the Lightning Network by monitoring for fraudulent activities, ensuring the integrity, reliability, and scalability of off-chain transactions.
DappBlog | News about web3 dapps
A Watchtower enhances security in the Lightning Network by monitoring for fraudulent activities, ensuring the integrity, reliability, and scalability of off-chain transactions.
Watcher Nodes are specialized nodes that monitor and verify blockchain transactions, enhancing security, transparency, and efficiency without participating in consensus.
A Watch Only Wallet allows users to monitor cryptocurrency holdings securely without enabling transactions, using public keys to track balances and history.
A wallet backup is vital in cryptocurrency, ensuring data recovery, security, and peace of mind by creating secure copies of wallet data to prevent loss or theft.
A wallet address is a unique identifier crucial for secure cryptocurrency transactions, derived from a public key, ensuring privacy and efficiency in digital asset management.
Validator nodes are crucial in blockchain technology, validating transactions, creating blocks, and ensuring network security and decentralization.
A Smart Contract Wallet is a cryptocurrency wallet using smart contracts for enhanced security, automation, and user control, revolutionizing digital asset management.
Shamir's Secret Sharing enhances cryptocurrency security by splitting private keys into shares, requiring a threshold to reconstruct the original secret.
SHA-256 is a secure hash function essential for blockchain integrity, mining, and proof of work in cryptocurrencies, also used in digital signatures and SSL certificates.
Self custody in cryptocurrency means individuals maintain direct control over their digital assets, enhancing security, ownership, and privacy while requiring responsibility.