malware or malicious software that looks legitimate. The term “trojan” initially came from the ancient Greek story about the fallacious horse that influenced the fall of the city of Troy. Initially, the name was introduced in 1974 via a US Air Force report that suggested the idea that computers could get manipulated.</p>\n<p>Currently, you can refer to the city of Troy as your computer and the horse as trojan since it works in a very similar manner by masking itself behind harmless programs and attempting to mislead people into downloading them.</p>\n<p>Furthermore, cybercriminals and hackers who want to get admission to a user's machine may employ the malware. Users are often duped into loading and executing the trojan files on their system, and <strong>once installed, the trojan can allow cyber-criminals to monitor you, acquire any of your personal data,</strong> or obtain unauthorized entrance to your device and change your documents.</p>\n<p>To put things into perspective, hackers can potentially implant a trojan by targeting a software flaw or gaining illegal entry. They might even establish fraudulent Wi-Fi hotspot networks that appear exactly like the one a user is attempting to connect to, and when the user does, they can be led to false websites that have several vulnerabilities.</p>\n<p>Besides, to function, a trojan must be run by the victim themselves. It can attack the computer in a range of methods. The malware can also be activated if a user falls victim to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-phishing/">
phishing or other social engineering exploit by accepting an infected email. </p>\n<p>The term “trojan”, “trojan virus”, or “trojan horse” might often be heard in the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">
cryptocurrency world. Nevertheless, the terms might not be used for their true meaning.</p>\n<p>Keeping this in mind, a trojan cannot self-replicate and instead spreads by masquerading as beneficial software or content while harboring malicious intent.</p>\n<p>Trojans are becoming more frequent as a result of the availability of advertising services that allow writers to breach their users' privacy.</p>","level":"medium","meta_title":"What is Trojan? 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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":796,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Trustless?","slug":"what-is-trustless","section":"T","keyword":"Trustless","status":"published","definition":"system is an ecosystem in which there is no centralized authority.","content":"<p>A trustless system refers to an ecosystem where the <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-centralized/">centralized authority is absent. Moreover,<strong> there is no need for trust between parties.</strong> However, at the moment centralized systems are way ahead in popularity as opposed to decentralized ones, even though centralized systems are known to be more defenseless from <strong>hacks and theft.</strong> The option of information getting manipulated or altered is also possible.</p>\n<p>Keeping this in mind, the capacity to not place faith in a central entity, as well as the decentralized character of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">
cryptocurrencies, is frequently cited as one of the most significant features of crypto assets.</p>\n<p>However, trustless systems are <strong>completely controlled by a computer code</strong> as opposed to decentralized ones.</p>\n<p>In addition, oftentimes the idea of trustlessness is seen as the foundation of cryptocurrencies.</p>\n<p><strong><a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin, the trademark of cryptocurrency, was the first to reveal the concept. <strong>This is due to BTC's ability to verify and record all transactional data on the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain, the distributed ledger technology that underpins cryptocurrencies.</p>\n<p>Bitcoin and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-work-pow/">
proof-of-work (PoW)</strong></a> blockchains attempt to ensure trustlessness by offering prizes and economic incentives for issue solutions. Furthermore, maintaining network security is frequently encouraged with monetary rewards. This is achieved by assigning trust across multiple members.</p>\n<p>Members can conduct transactions in a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-peer-to-peer-p2p/">peer-to-peer (P2P)</strong></a> context using trustless technologies. <strong>It allows people to put their confidence in abstract notions rather than individuals.</strong></p>\n<p>Centralized systems, such as banks, are the polar opposite of trustless systems since traditional finance services use an authority to validate information as well as make decisions.</p>","level":"easy","meta_title":"What is Trustless? Definition & Meaning | Crypto Wiki","meta_description":"Trustless meaning: Trustless - system is an ecosystem in which there is no centralized authority.","meta_keywords":null,"language":"en","created_at":"2022-04-01T13:28:44.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-trustless"},"prevSection":{"id":793,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Transactions Per Second (TPS)?","slug":"what-is-transactions-per-second-tps","section":"T","keyword":"Transactions Per Second (TPS)","status":"published","definition":"a measure that indicates the number of transactions a network can process every second.","content":"<p>TPS (transactions per second) is <strong>a metric that indicates how quickly a network can execute transactions per second</strong>, as well as how fast it can confirm a trade on an <a href=https://www.bitdegree.org/"/crypto/best-cryptocurrency-exchange/">exchange./nThe metric is helpful for assessing the capacity of a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain to process real-world transactions. However, various things complicate it.</p>\n<p>As an example, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin <strong>processes 7 transactions per second</strong>. Visa, on the other hand, is able to process approximately 24,000 TPS, while a Mastercard can handle around 5,000 TPS. Besides, unlike Visa and Mastercard, Bitcoin is not as widely accepted and must be used through a crypto exchange (like <a href=https://www.bitdegree.org/"/crypto/goon/binance/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>Binance</strong></a> or <a href=https://www.bitdegree.org/"/crypto/goon/bybit/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>Bybit</strong></a>).</p>\n<p>So, metrics like TPS can influence a lot whether you would choose crypto as your payment method, or stick to more conventional payment methods.</p>\n<h2>What Complicates the Ability to Process Transactions?</h2>\n<p>Firstly, it is the quantity of transaction information that a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-block/">block is capable to hold in a blockchain. Or, in other words, a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-block-size/">block size</strong></a>. Depending on the size of the block, the number of people that is necessary to operate a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-full-node/">full node</strong></a> also increases.</p>\n<p>The most well-known blockchain technologies have been facing a number of inspections as a result of the transaction rates that can be reached at this time. The majority of individuals have seen the differences between the current blockchain technology and the early internet systems.</p>\n<p>Nonetheless, they were able to swiftly expand after a period of time. Considering the prominence this problem has gotten, it's reasonable to believe that, eventually, <strong>blockchain technology will be able to bypass the TPS of traditional payment processors.</strong></p>\n<p>Some blockchains have astounding TPS, but this does not ensure that they will flourish at the highest level or even match with <a href=https://www.bitdegree.org/"/crypto/buy-ethereum-eth/">Ethereum and Bitcoin. It is crucial to investigate the performance, safety, and other essential characteristics of such blockchains in order to achieve a high TPS rate.</p>\n<p>Another thing that complicates the transactions is <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-block-time/">block time</strong></a>. The block time determines how fast transactions are confirmed by the blockchain. For instance, the <strong>typical block time for Bitcoin is 10 minutes</strong>, implying that the network handles around seven transactions per second.</p>\n<p>Last but not least is the <strong>transaction size</strong>. Different blockchains have different sizes of information transmitted with each transaction.</p>\n<p>Combining all these points, we have a formula for calculating the TPS:</p>\n<p><em>(Block size/Transaction size) / Block time = Transactions Per Second</em></p>","level":"medium","meta_title":"What is Transactions Per Second (TPS)? Definition & Meaning | Crypto Wiki","meta_description":"Transactions Per Second (TPS) meaning: Transactions Per Second (TPS) - a measure that indicates the number of transactions a network can process every second.","meta_keywords":null,"language":"en","created_at":"2022-04-01T13:15:00.000000Z","updated_at":"2023-05-08T08:24:39.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-transactions-per-second-tps"},"currentChapter":"T","currentSection":"what-is-trojan","chapterTitle":"T","readingLevel":"medium"},"url":"/crypto/learn/crypto-terms/what-is-trojan","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter T
What is Trojan?
Trojan MEANING:
Trojan -
refers to a type of malware that tricks its victims by appearing legitimate.
Let's find out Trojan meaning, definition in crypto,
what is Trojan,
and all other detailed facts.
A trojan is a sort of malware or malicious software that looks legitimate. The term “trojan” initially came from the ancient Greek story about the fallacious horse that influenced the fall of the city of Troy. Initially, the name was introduced in 1974 via a US Air Force report that suggested the idea that computers could get manipulated.
Currently, you can refer to the city of Troy as your computer and the horse as trojan since it works in a very similar manner by masking itself behind harmless programs and attempting to mislead people into downloading them.
Furthermore, cybercriminals and hackers who want to get admission to a user's machine may employ the malware. Users are often duped into loading and executing the trojan files on their system, and once installed, the trojan can allow cyber-criminals to monitor you, acquire any of your personal data, or obtain unauthorized entrance to your device and change your documents.
To put things into perspective, hackers can potentially implant a trojan by targeting a software flaw or gaining illegal entry. They might even establish fraudulent Wi-Fi hotspot networks that appear exactly like the one a user is attempting to connect to, and when the user does, they can be led to false websites that have several vulnerabilities.
Besides, to function, a trojan must be run by the victim themselves. It can attack the computer in a range of methods. The malware can also be activated if a user falls victim to phishing or other social engineering exploit by accepting an infected email.
The term “trojan”, “trojan virus”, or “trojan horse” might often be heard in the cryptocurrency world. Nevertheless, the terms might not be used for their true meaning.
Keeping this in mind, a trojan cannot self-replicate and instead spreads by masquerading as beneficial software or content while harboring malicious intent.
Trojans are becoming more frequent as a result of the availability of advertising services that allow writers to breach their users' privacy.
