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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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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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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 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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":134,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Brute Force Attack (BFA)?","slug":"what-is-brute-force-attack-bfa","section":"B","keyword":"Brute Force Attack (BFA)","status":"published","definition":"A brute force attack is a type of hacking technique that relies on trial and error to compromise passwords, encryption keys, and login credentials.","content":"<p><strong>The goal of a brute force attack is to breach a password or key through automated trial and error. </strong>These assaults are carried out by employing sophisticated software to overload a platform with every possible password or key in an attempt to discover the proper value.</p>\n<p>The time expected to undertake a brute force attack is used as an important indicator of an encrypted system's robustness. The time needed to estimate a password is increasing in parallel with the length of the passwords. Likewise, the bit size of cryptographic keys has progressively risen. To be exact, from a starting point of 56 bits to the current norm of 128 or 256 bits.</p>\n<p>Keeping that in mind, brute force attacks become achievable only by utilizing supercomputers. However, these supercomputers need very strictly managed environmental conditions, as well as an extremely high energy supply.</p>\n<p>Despite this, current <strong>GPUs</strong> and hardware <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-asic/">
ASICs are readily accessible and ideal for password-cracking operations.</p>\n<p>There are a few types of brute force attack styles:</p>\n<h3>Credential Stuffing</h3>\n<p>This type of brute force attack targets users with weak passwords. They also gather hijacked username and password variations, which they subsequently try on other websites to see if they can obtain access to even more user accounts.</p>\n<h3>Simple Brute Force Attacks</h3>\n<p>This way hackers try to guess a user’s login information manually, without the help of any software. An example of this would be passwords like “1234”, or <strong>“password123”.</strong></p>\n<h3>Dictionary Attacks</h3>\n<p>The attacker chooses a target and tries out possible passwords against that person’s username.</p>\n<h3>Hybrid Brute Force Attacks</h3>\n<p>A hacker mixes a simple brute force attack and a dictionary attack. The hacker often knows the username and attempts to figure out an account login combination.</p>\n<h3>Reverse Brute Force Attacks</h3>\n<p>This sort of attack begins with a known password that was released as a result of a network leak. The attacker then employs that password to search through millions of users for compatible login information.</p>","level":"medium","meta_title":"What is Brute Force Attack (BFA)? Definition & Meaning | Crypto Wiki","meta_description":"Brute Force Attack (BFA) meaning: Brute Force Attack (BFA) - A brute force attack is a type of hacking technique that relies on trial and error to compromise passwords, encryption keys, and login credentials.","meta_keywords":null,"language":"en","created_at":"2022-02-18T14:31:28.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-brute-force-attack-bfa"},"prevSection":{"id":132,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Bull Trap?","slug":"what-is-bull-trap","section":"B","keyword":"Bull Trap","status":"published","definition":"happens when a continuously decreasing asset appears to turn and rise, only to quickly revert to its downward trend.","content":"<p><strong>A bull trap is a fake indication in which a trend in a stock, index, or other investment reverses after a compelling rally, and crosses a previous support level. </strong>This allures traders and long-time investors to open a new long position or purchase more of the asset. </p>\n<p><em>It can also be referred to as a “whipsaw pattern”. </em></p>\n<p>Bull traps are untrustworthy because they give misleading signals that have negative effects on users in all markets. That’s the main reason it is referred to as a \"trap\". This encourages traders to be extremely careful when they witness a reversal of an asset's price shortly after it completes a breakthrough (a price movement below a support level).</p>\n<p>Nevertheless, many optimistic retail investors believe that a breakout will lead to a stronger price comeback, not acknowledging that this doesn’t always happen.</p>\n<p><strong>For example, the security sells off and hits a new 52 week low until bouncing back rapidly on heavy volume and breaking through trendline barriers.</strong> Investors rush in, expecting a break over trendline barriers, but the security turns at resistance and falls dramatically from these levels.</p>\n<p>Technical analysis is a highly useful utensil for traders to have. Specifically, it may analyze price trends and identify trade signals on an asset's price chart in order to forecast its future movements.</p>\n<p>One of the most critical indicators is a breakthrough over a resistance level (when the price chart moves above a specific line that has previously been achieved but never beyond).</p>\n<p>Bull traps happen when traders are unable to sustain an asset's upward trend following a resistance breakout. Low trading volumes during breakouts are fair predictors of this. To avoid falling into a bull trap, constantly keep in mind the trading volume and subsequent price moves before establishing further strategies after a price breakthrough.</p>\n<p>Speaking of experienced market users, they always observe and analyze the movement of an asset in the next period of time, prior to deciding whether or not to establish a further strategy. This is called “confirmation”. Breakouts combined with low trading volume are frequently indicators of an impending bull trap.</p>\n<p>A person who is confident that market prices will increase can be referred to as a “<a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-bull/">
bull” or “bullish”. These bullish traders usually assume that the price will increase and stay in the long position with hopes of profiting.</p>\n<p>Without the bull trap, there is also the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-bear-trap/">
bear trap</strong></a>. It is a bit different since it happens when sellers don’t press decline below a breakdown level.</p>","level":"medium","meta_title":"What is Bull Trap? Definition & Meaning | Crypto Wiki","meta_description":"Bull Trap meaning: Bull Trap - happens when a continuously decreasing asset appears to turn and rise, only to quickly revert to its downward trend.","meta_keywords":null,"language":"en","created_at":"2022-02-18T14:22:18.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-bull-trap"},"currentChapter":"B","currentSection":"who-is-brian-armstrong","chapterTitle":"B","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/who-is-brian-armstrong","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter B
Who is Brian Armstrong?
Brian Armstrong MEANING:
Brian Armstrong -
is the CEO and creator of Coinbase, as well as a business leader and investor.
Let's find out Brian Armstrong meaning, definition in crypto,
who is Brian Armstrong,
and all other detailed facts.
Brian Armstrong is best known as the CEO and founder of Coinbase. He was born on January 25th, 1983, in California. After graduating from high school Armstrong moved to Texas to study computer science and economics at Rice University. Both of Armstrong's parents were also engineers.
After graduating and earning his master's degree in computer science, he decided to start a firm that matched instructors with students. Simultaneously, he worked as a software engineer and developer for organizations like IBM and Airbnb.
He traveled to Brazil and South America and at the same time, he noticed that there are many opportunities to develop advanced ways to promote cross-border payments. That’s what lead him to start coding a platform where users would be able to keep and send cryptocurrency as a way of solving this issue.
Not long after, Coinbase was established. In 2012, to be exact. It was able to collect $150,000 in venture funds.
Nowadays, Coinbase is one of the largest crypto exchanges in the world, having approximately 56 million registered users.
Furthermore, Armstrong was one of the early believers and followers of Bitcoin right after seeing the initial whitepaper.
