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Have?","featured_image_id":10729,"status":"published","chapter_id":7,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-invest-in-crypto","featured_image":{"id":10729,"uuid":"3439a1db-9892-404a-b4b6-a1db5a34bca4","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/how-to-invest-in-crypto-featured-image.jpg","path":"crypto/storage/optimized/how-to-invest-in-crypto-featured-image.jpg","original_path":"crypto/storage/original/how-to-invest-in-crypto-featured-image.jpg","name":"how-to-invest-in-crypto-featured-image.jpg","original_name":"how-to-invest-in-crypto-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"75.22KB"},"youtube_video":null},{"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","featured_image_id":11310,"status":"published","chapter_id":7,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/ico-vs-ido","featured_image":{"id":11310,"uuid":"315e8a2b-93a1-4870-be48-a2a09d801663","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/ico-vs-ido-featured-image.jpg","path":"crypto/storage/optimized/ico-vs-ido-featured-image.jpg","original_path":"crypto/storage/original/ico-vs-ido-featured-image.jpg","name":"ico-vs-ido-featured-image.jpg","original_name":"ico-vs-ido-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"64.39KB"},"youtube_video":null},{"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","featured_image_id":11359,"status":"published","chapter_id":7,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-an-airdrop","featured_image":{"id":11359,"uuid":"7b43c968-1275-4d3e-acb1-1707a43a4014","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","path":"crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","original_path":"crypto/storage/original/what-is-an-airdrop-featured-image.jpg","name":"what-is-an-airdrop-featured-image.jpg","original_name":"what-is-an-airdrop-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"66.05KB"},"youtube_video":null},{"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","featured_image_id":6542,"status":"published","chapter_id":7,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-get-free-crypto","featured_image":{"id":6542,"uuid":"4fceb9ab-391e-4ef9-b00d-c871a49878a3","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-get-free-crypto.o.jpg","path":"crypto/storage/media/how-to-get-free-crypto.o.jpg","original_path":"crypto/storage/media/how-to-get-free-crypto.jpg","name":"how-to-get-free-crypto.o.jpg","original_name":"how-to-get-free-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"93.93KB"},"youtube_video":null},{"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":6,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-arbitrage-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","featured_image_id":11394,"status":"published","chapter_id":7,"language":"en","order":7,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-fud","featured_image":{"id":11394,"uuid":"defd32c5-d3e1-4e66-9f58-e2ee316bad3a","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-featured-image.jpg","path":"crypto/storage/optimized/what-is-fud-featured-image.jpg","original_path":"crypto/storage/original/what-is-fud-featured-image.jpg","name":"what-is-fud-featured-image.jpg","original_name":"what-is-fud-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"65.30KB"},"youtube_video":null},{"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":8,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/investing-in-cryptocurrency","featured_image":null,"youtube_video":null},{"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto 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Analysis","slug":"crypto-analysis","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-analysis.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-analysis-101.jpg","rating":100,"sections":[{"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-bullish-and-bearish","featured_image":null,"youtube_video":null},{"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/best-technical-analysis-indicators-for-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-candlesticks","featured_image":null,"youtube_video":null},{"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":295,"original_id":null,"author_id":41,"translator_id":null,"title":"What is Double Spend Attack?","slug":"what-is-double-spend-attack","section":"D","keyword":"Double Spend Attack","status":"published","definition":"a malicious practice in the crypto sphere when the same amount of cryptocurrency is spent twice.","content":"<p>A <strong>double spend attack</strong> refers to a malicious activity involving <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">
cryptocurrency. In a double spend attack, a user is able to spend the same amount of cryptocurrency more than once.</p>\n<p><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-double-spending/">
Double-spending is a rare phenomenon in the crypto world. In some cases, <strong>two or more transactions</strong> on a blockchain use the same input. While it is possible to duplicate the digital record of <strong>cryptocurrency tokens</strong> due to the lack of centralized technology, most cryptocurrencies employ a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-consensus/">
consensus algorithm</strong></a> to prevent double-spending.</p>\n<p>Cryptocurrencies using the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-work-pow/">Proof-of-Work (PoW)</strong></a> consensus mechanism, such as <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin (BTC)</strong></a>, are <strong>at higher risk</strong>. Experienced programmers with a good understanding of blockchain technology may be able to alter or duplicate digital information.</p>\n<p>Since Bitcoin transactions are completed <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-peer-to-peer-p2p/">peer-to-peer (P2P)</strong></a>, without any intermediaries, it is <strong>easier to target them for double-spending attacks</strong>. The hackers make a copy of the original transaction to make it look legitimate and original. They can then use the tokens in a different transaction while the <strong>initial coins remain in their wallet</strong>. In some instances, the first transaction is erased from the blockchain.</p>\n<p>Double spend attacks can also be committed by reversing transactions after the assets or services of the counterparty have been received. The hacker then keeps both the assets they received and the assets that the other party was supposed to receive.</p>\n<p>In order to <strong>hide the transactions</strong> or make them appear as if they never took place, hackers can send a number of data units known as packets to the network. This makes it seem like <strong>there was no initial transaction</strong>.</p>\n<p>There are several different types of double spend attacks, such as 51%, Finney, and Race, among others.</p>\n<h3>51% Attack</h3>\n<p>A <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-51-attack/">51% attack</strong></a>, or a <strong>majority attack</strong>, presents a hypothetical strike against a blockchain network. The idea is that at least 51% of the network <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-node/">nodes are hit, which would grant hackers control of the majority of the network in a consensus mechanism-based system.</p>\n<p>51% attacks are extremely complicated to commit as <strong>decentralized networks</strong> consistently grow larger and the number of network nodes increases.</p>\n<h3>Finney Attack</h3>\n<p>A Finney attack can be deceptive, as the merchant does not wait to receive a confirmation of the transaction. A malicious miner can <strong>send tokens between</strong> wallets. However, the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-block/">block with this data is not instantly verified.</p>\n<p>The user can utilize the tokens in the source wallet to make a purchase. Once the second transaction has been set in place, the miner broadcasts the block that was mined with the information of the first transaction.</p>\n<h3>Race Attack</h3>\n<p>A <strong>race attack</strong> occurs when attackers set up two contradictory transactions and the merchants accept the payments before the transaction is confirmed on the block. The network receives a competing transaction which causes an equal amount of cryptocurrency to return to the attacker. This causes the <strong>first transaction to be invalidated</strong>.</p>\n<p>While double-spending cannot be completely prevented by the blockchain, the network can defend against it as the decentralized validator nodes work on the transaction authentication process.</p>","level":"medium","meta_title":"What is Double Spend Attack? Definition & Meaning | Crypto Wiki","meta_description":"Double Spend Attack meaning: Double Spend Attack - a malicious practice in the crypto sphere when the same amount of cryptocurrency is spent twice.","meta_keywords":null,"language":"en","created_at":"2022-03-09T16:52:26.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-double-spend-attack"},"prevSection":{"id":293,"original_id":null,"author_id":41,"translator_id":null,"title":"What is Dolphin?","slug":"what-is-dolphin","section":"D","keyword":"Dolphin","status":"published","definition":"an entity with a moderate size of cryptocurrency holdings.","content":"<p><strong>Cryptocurrency dolphins</strong> are considered to be mid-range players in the fields. They do not have large enough <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-crypto-asset/">cryptocurrency assets</strong></a> in their holding to be considered <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-whale/">whales. However, they also <strong>hold more cryptocurrency than small-range players</strong>.</p>\n<p>Cryptocurrency traders and investors are classified using a scale based on aquatic terms. The smallest investors are known as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fish/">fish (or minnows), and they are in possession of a small portfolio that may only consist of one cryptocurrency. Those with <strong>exceptionally large holdings</strong> are referred to as whales.</p>\n<p>Unlike dolphins or fish, whale transactions are observed by the crypto community on platforms such as Whale Alert. Their large-scale transactions on the <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin blockchain</strong></a> <strong>receive more attention</strong> and demonstrate low <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-transaction-fee/">transaction fees</strong></a>, which is one of the biggest advantages of this particular cryptocurrency.</p>\n<p>Crypto whales are able to move thousands or even millions of dollars worth of cryptocurrency in a transaction, paying only a few dollars as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-gas-price/">gas fees</strong></a>. It is generally presumed that <strong>the whale status is what the dolphins are aiming to reach</strong>.</p>","level":"easy","meta_title":"What is Dolphin? Definition & Meaning | Crypto Wiki","meta_description":"Dolphin meaning: Dolphin - an entity with a moderate size of cryptocurrency holdings.","meta_keywords":null,"language":"en","created_at":"2022-03-09T16:44:04.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-dolphin"},"currentChapter":"D","currentSection":"what-is-dotsama","chapterTitle":"D","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-dotsama","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter D
What is DotSama?
DotSama MEANING:
DotSama -
a crypto portmanteau used to describe the Kusama and Polkadot ecosystems.
Let's find out DotSama meaning, definition in crypto,
what is DotSama,
and all other detailed facts.
DotSama is the portmanteau used to refer to the Polkadot (DOT) and Kusama (KSM) systems. The term likely first emerged on Twitter.
Polkadot is a sharded level-0 metaprotocol. It allows interoperability between multiple different blockchain networks. Kusama is Polkadot’s canary network, an operational blockchain with a defined token supply.
Dotsama has become a widely used crypto slang when talking about the two systems at once. It is used on Polkadot and Kusama community platforms, as well as various social media.
