Decryption
By CoinGecko | Updated on Mar 03, 2020
Describes the process of decrypting data that was previously encrypted (made unreable) back to a readable form. An example of this would be the conversion of a hash back to its original phrase.
Original phrase (words): Bitcoin is fun
Encrypted phrase (SHA-256): 5A01BA5E208AC4E599F0EDEFF52991644EDF595717E80CB20D9756A85A334D94
Decrypted phrase (words): Bitcoin is fun
You can try it out here: https://passwordsgenerator.net/sha256-hash-generator/
Related Terms
Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
Secure Asset Fund for Users (SAFU)
A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
Mainnet
It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place.
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