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Cryptocurrencies?","featured_image_id":10342,"status":"published","chapter_id":7,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/where-to-trade-crypto","featured_image":{"id":10342,"uuid":"0bd8d78a-9423-48ee-9161-34dc1872b97c","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/where-to-trade-crypto-featured-image.jpg","path":"crypto/storage/optimized/where-to-trade-crypto-featured-image.jpg","original_path":"crypto/storage/original/where-to-trade-crypto-featured-image.jpg","name":"where-to-trade-crypto-featured-image.jpg","original_name":"where-to-trade-crypto-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"85.96KB"},"youtube_video":null},{"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You 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 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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 Taxes","featured_image_id":6526,"status":"published","chapter_id":7,"language":"en","order":11,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes","featured_image":{"id":6526,"uuid":"1e44162c-ef1d-4010-81b4-9e8d1809aedf","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","path":"crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","original_path":"crypto/storage/media/how-to-avoid-crypto-taxes.jpg","name":"how-to-avoid-crypto-taxes.o.jpg","original_name":"how-to-avoid-crypto-taxes.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"99.10KB"},"youtube_video":null}]},{"id":8,"title":"Crypto 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":813,"original_id":null,"author_id":43,"translator_id":null,"title":"What does Unregulated mean?","slug":"what-does-unregulated-mean","section":"U","keyword":"Unregulated","status":"published","definition":"The term Unregulated defines the absence of control by a central authority.","content":"<p><strong>Unregulated</strong> is a term used to describe a situation where formal regulations or obligations are not established by a central authority. Usually, the purpose of said rules is to protect participants partaking in a specific activity. </p>\n<p>In the matter of trading, when a market is unregulated, investors remain vulnerable to malicious individuals and groups that partake in a wide range of criminal activities such as fraud, bribes, corruption, and other crimes as well as financial malpractice.</p>\n<p>On the other hand, the crypto industry is no stranger to a lack of regulations. Even though the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain technology that facilitates crypto transactions operates based on a key set of principles. While <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrencies don’t have a strict set of rules, it still remains unclear whether they should be considered <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-does-regulated-mean/">regulated or unregulated.</p>\n<p><strong>Is Cryptocurrency Unregulated?</strong></p>\n<p>Before we dive in further, keep in mind that the crypto sector hasn’t been established in many countries. Therefore its main features like blockchain technology remain within a gray area when it comes to introducing regulations. In turn, different countries have different rules, and the regulatory agencies assigned to supervise cryptocurrencies introduce conflicting rules as well.</p>\n<p>It’s important to note that these regulatory bodies don’t have the authority to officially regulate cryptocurrencies as of yet. Although they have taken action regarding them in the past. </p>\n<p>Generally speaking, cryptocurrencies such as <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin and <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum haven’t been regulated by a government or a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-central-bank/">central bank</strong></strong></a>. If this were to change, it would have a strong impact on the cryptocurrency’s value. </p>\n<p>Proper regulations have the potential to establish more trust when it comes to cryptocurrencies which could play a key role in making them a widely accepted medium of exchange. This invites more opportunities which in turn attract more investors.</p>\n<p>However, an abundance of rules, obligations, and regulations can stop the development and implementation of innovative technologies within the industry. </p>\n<p>Besides, a central authority might cause individual and small to medium investors to lose confidence in cryptocurrencies which could mean fewer investments. In that case, we could see a decrease in the growth of the market or a crash altogether.</p>","level":"medium","meta_title":"What does Unregulated mean? Definition & Meaning | Crypto Wiki","meta_description":"Unregulated meaning: Unregulated - The term Unregulated defines the absence of control by a central authority.","meta_keywords":null,"language":"en","created_at":"2022-04-01T14:37:20.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-does-unregulated-mean"},"prevSection":{"id":801,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Use Case?","slug":"what-is-use-case","section":"U","keyword":"Use Case","status":"published","definition":"Use cases are examples of post-event communication between a human and a system or a system and another system.","content":"<p>The term use case refers to a prime example of the communication that occurs after an event between a human or a system and another system. <strong>A specific actor or system employs a specific application to accomplish an objective.</strong></p>\n<p>In 1987, Ivar Jacobson created the use case model to express complicated needs in a basic, easy-to-understand style. Since then, use cases have become an essential component of the integrated approach, a collection of rules for designing large-scale systems.</p>\n<p>The phrase \"actor\" may be considered the \"who,\" while the word <strong>\"objective\"</strong> can be considered the \"what.\" A use case must include at minimum one actor and at minimum one goal.</p>\n<p>In other words, uses cases might also be seen as methods for modeling, capturing, and specifying the requirements of a system.</p>\n<h3>Example of Use Case</h3>\n<p>As an example, let’s take a use case for doing the laundry.</p>\n<p>A housekeeper does laundry on a Wednesday. The actor in this scenario is the housekeeper, and the use case is doing laundry. The housekeeper usually has a flow of washing, drying, folding, and ironing the laundry, so this is the typical use case.</p>\n<p>Nevertheless, there are several alternatives that might be done differently in the process, but the end <strong>goal</strong> will still be the same. The mission of these steps of doing laundry is to show the housekeeper how to clean, fold and put away all the laundry.</p>\n<h3>Why Use Cases are Essential?</h3>\n<p>Use cases do have several advantages. Use examples to demonstrate how workflows appear step by step. They assist development teams (and stakeholders) in understanding what has to be completed, what potential scenarios exist, and which actors engage with one another at every stage of the process.</p>\n<p>Nevertheless, use cases also:</p>\n<ul>\n<li>It paints an excessive illustration of the overall effect that assists engineers in understanding the way it helps users achieve their goals;</li>\n<li>It offers <strong>material</strong> that may be utilized for testing and other operations;</li>\n<li>It prioritizes communication among stakeholders since it is required for them to consider their tasks and functions for every use case.</li>\n</ul>\n<p>Overall, any software development project would be incomplete without use cases. They assist the team with identifying essential user needs, ensuring that design and implementation are in line with corporate objectives, and providing a clear list of what the program must perform. </p>\n<p>As a result, they assist teams in avoiding scope creep, which is one of the leading reasons for software project failure.</p>\n<p>Furthermore, use cases have been shown to aid in the resolution of key organizational difficulties. For example, if a person runs an eCommerce page and sells several things, they may be a specialist on these goods but not on the technology used to develop them.</p>\n<p>That is where use cases come into play, they eliminate the need to hunt for information that may or may not be as accurate or relevant, as well as the danger of being left with something that does not operate as expected.</p>\n<p>Moreover, there are two main types of use cases: business <strong>use cases </strong>and system use cases. The main distinction between them is the level of detail that they were written.</p>","level":"hard","meta_title":"What is Use Case? Definition & Meaning | Crypto Wiki","meta_description":"Use Case meaning: Use Case - Use cases are examples of post-event communication between a human and a system or a system and another system.","meta_keywords":null,"language":"en","created_at":"2022-04-01T13:39:28.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-use-case"},"currentChapter":"U","currentSection":"what-is-unpermissioned-ledger","chapterTitle":"U","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-unpermissioned-ledger","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter U
What is Unpermissioned Ledger?
Unpermissioned Ledger MEANING:
Unpermissioned Ledger -
is a type of ledger where anyone can manage the data within it.
Let's find out Unpermissioned Ledger meaning, definition in crypto,
what is Unpermissioned Ledger,
and all other detailed facts.
An Unpermissioned Ledger sometimes referred to as a public ledger or a permissionless ledger, is a type of ledger that’s completely open and transparent with its data. The most well-known and successful public ledgers are Bitcoin and Ethereum.
Users have the ability to run nodes, develop smart contracts, and most importantly, access and create data. One of the main advantages of a public ledger is that it’s completely transparent.
The main disadvantage of a public ledger is that it consumes a huge amount of energy which is attracting the attention of environmentalists.
On the opposite side of the unpermissioned ledger is the permissioned ledger. It generally consists of a lot more restrictions.
