Vitalik Buterin</strong></a>. It explains a necessity seen in <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-stake-pos/">Proof-of-Stake (PoS)</strong></a> blockchains in which <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-node/">nodes must rely on other nodes. Nodes do that to figure out the present state of the system.</p>\n<p>Firstly, let's define <strong>objectivity and subjectivity</strong> in the context of blockchains. These ideas are connected to the premise that, as a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-distributed-network/">distributed system</strong></a>, a blockchain typically has multiple legitimate chains. Basically, this implies that there are numerous ways to get from the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-genesis-block/">genesis block</strong></a> to the most recent block. Besides, all ways are valid.</p>\n<p>However, keep in mind that nodes may not always be able to determine which chain is active. For example, Bitcoin is set up in such a way that nodes are supposed to select the path with the greatest amount of accumulated work in it. This is exactly what provides objectivity to the Bitcoin blockchain.</p>\n<p>Thus, <strong>objectivity can be defined as the ability of a new node to join the network. </strong>Besides that, it can quickly recognize which chain is active (or the longest).</p>\n<p>To put it another way, objectivity means that new nodes can be quickly added and synchronized to the system's current state. This is simply because there is only one path that is the longest.</p>\n<p>However, certain networks might exhibit a high level of subjectivity. This means that it's difficult to determine which chain is active. Essentially, <strong>subjectivity is linked to a blockchain that can be interpreted in a variety of ways. </strong>This is the case because their <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-consensus-mechanism/">consensus mechanism</strong></a> is influenced by a \"social network,\" which relies on node interaction.</p>\n<p>Instead of adopting a deterministic rule like the <em>\"longest chain rule,\"</em> the nodes in this situation must support each other to establish consensus. That's why certain blockchain networks have a certain amount of subjectivity.</p>\n<p>Therefore, when attempting to identify the present state of the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-ledger/">ledger, subjectivity is linked to the premise that certain nodes require information from other nodes. This has nothing to do with achieving consensus. Instead, it's related to recognizing which chain is active.</p>\n<p>Now, let's get back to Vitalik Buterin's concept of weak subjectivity. Essentially, it's necessary for blockchains that use the Proof-of-Stake model. To summarize, weak subjectivity is used to figure out which chain is active. Essentially, it's regarded to be weak since it occurs exclusively in two situations:</p>\n<ul>\n<li>When new nodes join the network</li>\n<li>When nodes are offline for a significant period of time</li>\n</ul>\n<p>Thus, if a node is online all the time, there will be no issues with subjectivity. Simply because it will be able to immediately identify which ledger is legitimate. However, a node will have to rely on other nodes, if it went offline for an extended period of time or just joined the network. This is exactly when subjectivity comes into play.</p>","level":"medium","meta_title":"What is Weak Subjectivity? 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The graphs are usually referred to as <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-are-candlesticks/">candlestick charts</a>.</strong></p>\n<p>Every candlestick chart segment usually has <strong>a solid box.</strong> It's also referred to as a candlestick body. A solid box is created by the starting and closing prices. Two whiskers go above and below the solid box.<strong> </strong>If the box and whiskers are red (or black), the price of the underlying asset declined during that time period. However, if the box and whiskers are green &ndash; the price grew.</p>\n<p>The candle represents the asset's opening and closing prices. The whiskers, on the other hand, represent the upper and lower limits of the underlying asset's price during a certain time period.</p>\n<p>The whiskers themselves display price extremes. This allows traders to have a better understanding of market <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-sentiment/">sentiment <strong>and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-market-momentum/">momentum. Essentially, whiskers are generated as a visual record of price movement in relation to the opening and closing prices.</p>\n<p>The whisker's length is important:</p>\n<ul>\n<li>Short wicks indicate that the highest (or the lowest) price is close to the opening (or the closing) price.</li>\n<li>A lengthy wick suggests that the market experienced higher levels of volatility. Some technical analysts believe that <strong>a lengthy wick generally signals a price reversal. </strong>In this case, the market moves in the opposite direction of the wick.</li>\n</ul>\n<p>In addition, candles can also be <strong>wickless.</strong> The closing and opening prices of these candles match the high and low markings of that particular candlestick. The shape of such candles is square or rectangular.</p>\n<p>Candlestick patterns are definitely something that should be considered when trying to understand and forecast market sentiment and price movements. However, it's crucial to remember that <strong>candlestick analysis should be used in conjunction with other tools and technical analysis indicators.</strong></p>","level":"medium","meta_title":"What are Whiskers (Wicks)? 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They do that prior to malicious hackers being able to discover and manipulate them.</p>\n<p>White hat hackers can also be referred to as ethical hackers. They make sure that the security of a company's data systems is good enough. They are computer security professionals who focus on analyzing and testing vulnerabilities of systems by several testing techniques.</p>\n<p>In general, a hacker is a person who has the skills to <strong>crack all restrictions as well as securities</strong> on various systems.</p>\n<p>There are two main types of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-hacking/">hacking - white hat hacking and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-black-hat-hacker/">black hat hacking</strong></a>. One of which does this as a way of safeguarding the system, while the other one manipulates the vulnerabilities for his own gains.</p>\n<p>They use a variety of strategies to do this. The most common method, however, is to <strong>utilize programming abilities to find defects in order to obtain access to the system</strong> or force it to act in ways that its developers never anticipated.</p>\n<p>White hat hacking is often conducted by paid experts. They utilize their abilities to secure the privacy and personal information of those who use the system. An ethical hacker may attempt to publicly reveal a software vulnerability that they identified but did not disclose to the corporation responsible for creating and maintaining it.</p>\n<p>The CEH certification, provided by the <strong>EC-Council</strong> (International Council of Electronic Commerce Consultants), is a cutting-edge ethical hacking certification. It is frequently regarded being one of the most sophisticated ethical hacking courses accessible today.</p>\n<p>The course teaches students how to seek for holes and weaknesses in target systems, using the same information and tools as a malicious hacker, but in <strong>a lawful and ethical way</strong> to analyze a target system's defense capabilities.</p>\n<p>In essence, white hat hackers are very important for maintaining security. They hack into systems, discover weaknesses before malicious hackers do, and then operate with the company to fix them. This prevents the weaknesses from evolving into bigger issues for users.</p>","level":"medium","meta_title":"What is White Hat Computer Hacker? 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Crypto Terms: Letter W

What is Weak Subjectivity?

Weak Subjectivity MEANING:
Weak Subjectivity - the need for specific nodes to rely on other nodes when identifying the current state of a Proof-of-Stake blockchain.
Medium
2 minutes

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

The term "weak subjectivity" was coined by Vitalik Buterin. It explains a necessity seen in Proof-of-Stake (PoS) blockchains in which nodes must rely on other nodes. Nodes do that to figure out the present state of the system.

Firstly, let's define objectivity and subjectivity in the context of blockchains. These ideas are connected to the premise that, as a distributed system, a blockchain typically has multiple legitimate chains. Basically, this implies that there are numerous ways to get from the genesis block to the most recent block. Besides, all ways are valid.

However, keep in mind that nodes may not always be able to determine which chain is active. For example, Bitcoin is set up in such a way that nodes are supposed to select the path with the greatest amount of accumulated work in it. This is exactly what provides objectivity to the Bitcoin blockchain.

Thus, objectivity can be defined as the ability of a new node to join the network. Besides that, it can quickly recognize which chain is active (or the longest).

To put it another way, objectivity means that new nodes can be quickly added and synchronized to the system's current state. This is simply because there is only one path that is the longest.

However, certain networks might exhibit a high level of subjectivity. This means that it's difficult to determine which chain is active. Essentially, subjectivity is linked to a blockchain that can be interpreted in a variety of ways. This is the case because their consensus mechanism is influenced by a "social network," which relies on node interaction.

Instead of adopting a deterministic rule like the "longest chain rule," the nodes in this situation must support each other to establish consensus. That's why certain blockchain networks have a certain amount of subjectivity.

Therefore, when attempting to identify the present state of the ledger, subjectivity is linked to the premise that certain nodes require information from other nodes. This has nothing to do with achieving consensus. Instead, it's related to recognizing which chain is active.

Now, let's get back to Vitalik Buterin's concept of weak subjectivity. Essentially, it's necessary for blockchains that use the Proof-of-Stake model. To summarize, weak subjectivity is used to figure out which chain is active. Essentially, it's regarded to be weak since it occurs exclusively in two situations:

  • When new nodes join the network
  • When nodes are offline for a significant period of time

Thus, if a node is online all the time, there will be no issues with subjectivity. Simply because it will be able to immediately identify which ledger is legitimate. However, a node will have to rely on other nodes, if it went offline for an extended period of time or just joined the network. This is exactly when subjectivity comes into play.