Whitelist
By CoinGecko | Updated on Mar 03, 2020
In the context of the cryptocurrency industry, a trader will be placed in a whitelist after completing some form of KYC checks, which will allow the trader early access to a token sale event. Typically, traders wants to be placed in a whitelist as that puts them in a potential advantage as they can purchase the token prior to a public token sale at which the coin will be sold at a higher price to the public.
Related Terms
Replay Attack
A replay attack is a form of network attack when valid data transmission is fraudulently intercepted, then delayed or resent to mislead the receiver into doing what the hacker wants.
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Peer to Peer
A communication protocol that does not require a central hub
Wallet Address
The address in which cryptocurrency can be stored, sent to and receive.
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