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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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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":672,"original_id":null,"author_id":43,"translator_id":null,"title":"What is Ryuk Ransomware?","slug":"what-is-ryuk-ransomware","section":"R","keyword":"Ryuk Ransomware","status":"published","definition":"is a type of targeted malicious software that first appeared in August 2018.","content":"<p><strong>Ryuk Ransomware</strong> is <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-malware/">
malware that attacks a specific victim’s computer and holds the data within for ransom. </p>\n<p>What makes this ransomware so dangerous is its unusual design. While most malicious software variants are aimed at the masses, Ryuk Ransomware is targeted. Hackers that utilize Ryuk prefer quality over quantity, therefore, they <strong>select each victim individually</strong>. </p>\n<p>There are three major steps of attacking with Ryuk Ransomware. Firstly, cybercriminals infect the victim’s computer. This is usually done by sending them <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-spear-phishing/">
spear-phishing emails. These emails are used in various ways. Sometimes they immediately and directly infect a computer, while other times it’s only the first step of the infection. </p>\n<p>An alternative way to infect a victim’s computer is to acquire private credentials to remote access systems like the Remoted Desktop Protocol (RDP). </p>\n<p>The next stage of the ransomware attack is the process of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-encryption/">
encrypting files. Once this is finished, the attackers are free to demand a massive ransom for said files. </p>\n<p>Ryuk Ransomware is known to use a mix of file encryption algorithms like the symmetric AES-256 and the asymmetric RSA-4096. These protocols encrypt files and provide a copy of the encryption key which is then encrypted with the RSA <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-public-key/">
public key</strong></a>. Once the ransom has been paid off, the hackers send a copy of the RSA <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-private-key-secret-key/">private key</strong></strong></a> to the victim which allows them to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-decryption/">decrypt the files.</p>\n<p>While Ryuk Ransomware was discovered only in 2018, this malicious software has managed to claim the title of one of the most extortionate ransomware forms to date.</p>","level":"easy","meta_title":"What is Ryuk Ransomware? Definition & Meaning | Crypto Wiki","meta_description":"Ryuk Ransomware meaning: Ryuk Ransomware - is a type of targeted malicious software that first appeared in August 2018.","meta_keywords":null,"language":"en","created_at":"2022-03-28T14:45:45.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-ryuk-ransomware"},"prevSection":{"id":668,"original_id":null,"author_id":43,"translator_id":null,"title":"What is Renewable Energy?","slug":"what-is-renewable-energy","section":"R","keyword":"Renewable Energy","status":"published","definition":"is the kind of energy that is regularly renewed from natural sources.","content":"<p><strong>Renewable Energy</strong> is a type of energy that renews itself based on a specific period of time. It’s usually powered by wind, sun, water, and other sources that are naturally replenished. Therefore, the supply is unlimited.</p>\n<p>When it comes to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrencies and, specifically, the process of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mining/">mining coins or tokens, <strong>renewable energy is perceived as a possible solution to the massive energy consumption problem within the sector</strong>. </p>\n<p>Blockchains are decentralized public ledgers that record transactions and assets. They rely on <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-github/">proof-of-work (PoW)</strong></a> and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-stake-pos/">proof-of-stake (PoS)</strong></a> consensus protocols to enable mining which is essentially the process of verifying the legitimacy of each incoming transaction. </p>\n<p>In order to verify a transaction and, in turn, receive a reward, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-miner/">miners must solve complex mathematical puzzles. There are specialized computers that facilitate this process.</p>\n<p>Millions of miners are at work at this very moment <strong>for cryptocurrencies</strong> like <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum, and many others. Sustainability enthusiasts are concerned about the impact this kind of energy use will bring.</p>\n<p>It’s in the miner’s best interest to maintain low mining costs, therefore, they search for the cheapest options. Unsurprisingly, as the number of cryptocurrency miners grows, so does the consumption of energy. Especially, the kind of energy that is not sustainable or renewable and the kind of energy that leaves a significant footprint within our environment. </p>\n<p>This is why the call for renewable energy in the crypto sector is becoming louder and louder. </p>\n<p>Carbon dioxide equivalent (CO2e) accounts for not only carbon dioxide (CO2) but also methane (CH4), nitrous oxide (N20), and other gases that directly affect climate change. Carbon dioxide equivalent is a great metric when comparing energy sources.</p>\n<p>What does this have to do with renewable energy? 1kWh of electricity generated by natural gas like fossil fuel emits over a hundred times more carbon dioxide than the entire life cycle of a wind turbine. These numbers, without a doubt, put in perspective how much energy sources matter when it comes to maintaining environmental sustainability.</p>\n<p>Bitcoin is one of the cryptocurrencies that’s receiving the most backlash regarding environmental concerns. Elon Musk, who initially endorsed Bitcoin, stopped Bitcoin purchases in 2021 for an unspecified period of time due to the growing concerns about the massive amounts of fossil fuels used for crypto mining.</p>\n<p>However, the crypto sector is not blind to this movement. There are many various crypto projects that are making efforts to study renewable energy sources and mining energy recycling. An example of a sustainable cryptocurrency is SolarCoin (SLR) which is backed by solar power.</p>\n<p>The <strong>benefits of renewable energy</strong> include the infinite potential for creating energy since the resources like wind, sun, and others can’t be exhausted. Additionally, it minimizes the environmental damage. Additionally, since renewable energy sources can’t be exhausted, they won’t experience sudden price fluctuations. Moreover, solar energy is becoming one of the cheapest energy resources of all time and has the potential to become a game-changer. </p>\n<p>The entire crypto industry will have to face this problem sooner or later, and by joining the sustainable energy efforts now they can improve morale within the crypto community while also showing critics that an alternative sustainable solution is possible. </p>","level":"hard","meta_title":"What is Renewable Energy? Definition & Meaning | Crypto Wiki","meta_description":"Renewable Energy meaning: Renewable Energy - is the kind of energy that is regularly renewed from natural sources.","meta_keywords":null,"language":"en","created_at":"2022-03-28T14:21:26.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-renewable-energy"},"currentChapter":"R","currentSection":"what-is-resistance-line-level","chapterTitle":"R","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-resistance-line-level","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter R
What is Resistance (Line/Level)?
Resistance (Line/Level) MEANING:
Resistance (Line/Level) -
is used to determine the maximum price point of an asset throughout a specific time period.
Let's find out Resistance (Line/Level) meaning, definition in crypto,
what is Resistance (Line/Level),
and all other detailed facts.
Resistance (Line/Level) helps to establish the highest price point throughout a certain period of time. It indicates price zones where the possibility of selling is the highest. This phenomenon can be seen when the price of an asset increases to the resistance level thus causing an overwhelming amount of sales.
The resistance level serves as a signal for trading as it shows the asset’s breakout or trend reversal. Additionally, it has the potential to identify the most ideal entry and exit points for trading. Another indicator of plotting the resistance level is moving averages.
Moreover, the resistance level is not fixed. Therefore, the changes in the asset’s price determine the resistance level.
Evaluating and establishing a resistance level can be done by drawing the line on the daily price chart of an asset. Once that’s done, connect the peak points. Then you’ll be able to see each time the resistance level was reached thus establishing the trend reversal.
The more times the asset’s price has reached the same price zone, the stronger the resistance level is.