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</strong>Also, a question appears whether it is achievable to create harmony in a computer network made of geographically arranged nodes.</p>\n<p>On purpose or by accident nodes can equip flawed data about transactions, and it has to be sorted out. <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-stake-pos/">Proof-of-stake and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-work-pow/">proof-of-work algorithms</strong> are used by the most well-known cryptocurrencies such as <a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">Bitcoin and <a href=https://www.bitdegree.org/"/crypto/buy-ethereum-eth/">Ethereum to solve this issue.</p>\n<p>To put things into perspective, there are several Byzantine generals that surround the city, nevertheless, they can only interact with one another by <strong>messaging.</strong> Generals have to decide whether they will retreat or attack. However, there are <strong>unidentified traitors among these generals and they are constantly taking action against forming a general agreement</strong>.</p>\n<p>As a result, there is <strong>confusion</strong> over which decision-making process the generals should choose to use in order to develop an ordinary strategy without being influenced by the traitor's actions. Nonetheless, it is unknown if such an algorithm exists at all.</p>\n<p>Worth adding that only <strong>decentralized</strong> systems encounter the Byzantine Generals&rsquo; Problem since they are the ones that <strong>aren&rsquo;t able to authenticate the information they get from other network users.</strong></p>\n<p>Besides, the problem is closely related to <strong>cryptocurrencies,</strong> since they are the \"generals\" who must agree on which transactions occurred and when.</p>\n<p>As reported by the researchers' investigation, an algorithm that should be adopted by generals is attainable. 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Overall, exploits can be put in one of the two main categories - <strong>known or unknown.</strong></p>\n<p><strong>Back in 2018, Braydon Fuller found a <a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">Bitcoin bug named &ldquo;INVDos&rdquo; and it, in fact, could completely crash Bitcoin nodes, as he revealed to the public. </strong>Therefore, hackers could be able to develop a distorted Bitcoin transaction that would absorb the network&rsquo;s memory supplies.</p>\n<p>Besides that, a cryptocurrency project named <strong>Pigeoncoin</strong> was targeted by hackers at the same time. These hackers took advantage of Bitcoin's inflation issue to create around <strong>$15,000</strong> worth of Pigeoncoins.</p>\n<p>Following these instances, analysts fear that there may be additional flaws in the Bitcoin network, allowing hackers to inflate the supply of Bitcoin.</p>","level":"easy","meta_title":"What is Bug Exploit? 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Crypto Terms: Letter B

What is Buy Wall?

Buy Wall MEANING:
Buy Wall - occurs when a massive limit order is placed to purchase when the price of a cryptocurrency hits a specific level.
Easy
1 minute

Let's find out Buy Wall meaning, definition in crypto, what is Buy Wall, and all other detailed facts.

A buy wall is an outcome of purchasing one big order or a mixture of several large orders that are classified at the same price in the order book of a specific market. The order book contains a list of buy and sells orders put in by traders.

Speaking of cryptocurrency exchanges, trading is executed by using an order book in which buyers place their buying bids, and sellers place their asks. To specify, buying walls helps to avoid market price downfall by developing a huge amount of orders at the same price. This essentially needs large amounts of money to be done.

By placing a buy wall users are able to manipulate the price. A whale who keeps a big amount of a specific cryptocurrency in his wallet can get worried about the reputation of their asset. As a result, they might purchase more coins and strengthen the price. This way, the asset will seem to be more vigorous than it really is.

A buy wall occurs when a massive limit order is placed to purchase at the same time the price of a cryptocurrency hits a specific level. Traders use this to create confidence in the market. Also, to prevent a cryptocurrency from going below that value since demand will almost certainly surpass the supply when the order is fulfilled.

However, there isn’t any logical reason for sellers to offload their assets at a price that is lower than what the already existing unfulfilled buy wall offers to purchase. Besides, buy walls can be created for different reasons.