Crypto Wiki

The Secure Asset Fund for Users (SAFU) is an emergency insurance fund established by Binance, one of the world’s largest cryptocurrency exchanges, to protect users in the event of a security breach or significant loss.

Scrypt is a cryptographic hashing algorithm used by several cryptocurrencies as an alternative to Bitcoin’s SHA-256. 

Scaling solutions refer to technologies or methods designed to improve the scalability of blockchain networks by increasing their capacity to handle more transactions efficiently.

Satoshi Nakamoto is the pseudonymous creator (or group of creators) of Bitcoin, the first decentralized cryptocurrency. 

A SIM Swap attack is a type of fraud where a hacker gains control of a victim’s phone number by transferring it to a new SIM card. 

SHA-256 (Secure Hash Algorithm 256-bit) is a cryptographic hash function that generates a fixed-size 256-bit hash from any input.

A rug pull is a type of exit scam in the cryptocurrency world where developers of a project suddenly withdraw all liquidity from a decentralized exchange (DEX) or abandon the project, leaving investors with worthless tokens.

A roadmap is a strategic plan that outlines the development goals and future milestones of a cryptocurrency project or blockchain protocol. 

A relay chain is the central blockchain in a multi-chain network, responsible for coordinating and securing the entire network.

"REKT" is a slang term used in the crypto community to describe someone who has suffered significant financial losses due to bad trading decisions or market crashes.