Custody

Od użytkownika Cryptomcmillan1 | Data aktualizacji May 24, 2020
In the context of cryptocurrency, a "custodial" asset means an asset is placed under the care of a third party. This is similar to how banks have custody over their customer's funds. A Custodial Wallet refers to a wallet whose private key management falls under the care of a company. Examples of Custodial wallets include Coinbase, Nexo and other wallets where users do not have access to their private keys.

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Hasła pokrewne

Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Stale Block
Double mined blocks that are not included in the blockchain.
Dead Cat Bounce
Price rally that is short lived after a prolonged decline. Price charts will show a recovery in anticipation of a market turnaround only to decline further.
Decentralized Applications (dApps)
Applications that run on decentralized peer-to-peer networks such as Ethereum.
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