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Since 2009, the year that <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin was first launched, a lot of new <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchains have emerged. Despite the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-consensus/">consensus methods</strong></a> underlying them, they all rely on <strong>encouraging node operators not to interfere with data</strong>.</p>\n<p>This incentive system assures that the distributed ledger stays tamper-proof no matter how large it gets or how many <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-block/">blocks are added to it.</p>\n<p>Bitcoin is the <strong>first naturally tamper-proof ledger.</strong> It pushes <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-node/">nodes not to interfere with the record. If a node loses its ability to communicate with the rest of the system and becomes passive, the node operator no longer receives <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mining-reward/">mining rewards</strong></a>.</p>\n<p>In regards to that, if they wish to receive Bitcoin rewards, Bitcoin node operators must not interfere with the ledger or they will face consequences otherwise.</p>\n<p>Blockchain technology is <strong>fully reliant on protection</strong>, which is the main reason why blockchain ledgers are, in fact, tamper-proof ledgers. On a worldwide basis, the existing monetary system is compiled of several ledgers.</p>\n<p>Banks and credit card companies are basically <strong>ledgers</strong> that collect and analyze data on transactions, the movement, and the behavior of money among participants. However, the traditional banking system frequently faces challenges because of the <strong>significant risk of corruption and data manipulation</strong>.&nbsp;</p>\n<p>In essence, this is the area where blockchain technology and tamper-proof ledgers take action. Besides, the very first effective tamper-proof ledger emerged after the launch of the Bitcoin <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-whitepaper/">whitepaper, where <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/who-is-satoshi-nakamoto/">Satoshi Nakamoto</strong></a> outlined the new proposal for <strong>keeping the Bitcoin ledger tamper-proof</strong>.</p>\n<p>Unlike earlier attempts to create effective decentralized financial structures, which all concentrated on forbidding interference with the ledger, Nakamoto understood that just encouraging users not to interfere with the ledger is more than enough.&nbsp;</p>\n<p>This implies that tampering with Bitcoin is discouraged since it would <strong>result in immediate expulsion</strong> from the network. As a result, node operators that are in charge of verifying transactions and adding new blocks to the chain are discouraged from altering the records.</p>\n<p>All Bitcoin node operators, as they are a decentralized network, validate transactions relying on the very same copy of the ledger. Therefore, in a situation when someone attempts to interfere with the records, their replica will not resemble that of the existing node operators.</p>","level":"medium","meta_title":"What is Tamper-Proof Ledger? 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They are obliged to include the intermediary step of changing into and out of fiat money or one of the more popular cryptocurrencies (such as <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin or <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum) rather than making a direct trade.</p>\n<p>Though some exchange services actively address this problem by combining multiple other exchanges and obtaining liquidity from them. <strong>Thus, traders are able to directly swap between two digital currencies without the hassle and double fees</strong> that come with completing a trade in two steps. <a href=https://www.bitdegree.org/"https://en.wikipedia.org/wiki/&lt;strong&gt;ShapeShift&lt;/strong&gt;/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>ShapeShift</strong></a>, <a href=https://www.bitdegree.org/"https://golden.com/wiki/&lt;strong&gt;AirSwap&lt;/strong&gt;-39PM6YP/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>AirSwap</strong></a>, and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-metamask/">MetaMask are a few of the services that allow token swaps.</p>\n<h3>The Migration</h3>\n<p>Users of cryptocurrencies, such as ETH, QTUM, and NEO can create new crypto tokens on top of their blockchains. These second-layer tokens can use the security and popularity of underlying platforms without having to invest time and money into building their own ecosystem from scratch.</p>\n<p>However, in some situations, the platform on which a coin is developed might become insufficient for its current requirements. For instance, a developer might decide to design a token on Ethereum's blockchain to take advantage of its vast user base. Though he/she might later realize that different fundamental characteristics are needed for the actual launch of the product.&nbsp;<strong>In this scenario, a developer could do a token swap, in which he/she would move the token from one blockchain to another while keeping all address balances.</strong></p>","level":"medium","meta_title":"What is Token Swap? Definition & Meaning | Crypto Wiki","meta_description":"Token Swap meaning: Token Swap - a direct exchange of tokens between users or the migration of tokens from one blockchain to another.","meta_keywords":null,"language":"en","created_at":"2022-03-31T13:18:28.000000Z","updated_at":"2022-11-16T12:07:07.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-token-swap"},"currentChapter":"T","currentSection":"what-is-taint","chapterTitle":"T","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-taint","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter T

What is Taint?

Taint MEANING:
Taint - refers to the cryptocurrency percentage in one account that can be traced back to a different account.
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1 minute

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

Taint is the amount of cryptocurrency in one account that can be traced back to another account shown in percentages.

Furthermore, the idea implies that Bitcoin or other cryptocurrencies are related to illegal conduct. Taint also simply measures the correlation between two wallet addresses.
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