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Distributed Ledgers: Definition, How They’re Used, and Potential

By Itho September 16, 2016

[ad_1] What Are Distributed Ledgers? A distributed ledger is a transaction database that is stored and synchronized across multiple sites, institutions, or geographies. Network nodes store copies of the ledger…

Credit Card Dump: Definition, Examples, Protecting Against

By Itho May 27, 2015

[ad_1] What Is a Credit Card Dump? A credit card dump is when a criminal steals a credit card number. This type of crime has existed for decades, but it…

What Is Carding? How It Works, Prevention Methods, and Examples

By Itho April 22, 2015

[ad_1] What Is Carding? Carding is a form of fraud in which stolen credit or debit card information is used to purchase prepaid store-branded gift cards that are the equivalent…

What Does Expiration Date Mean for Food and Prescription Drugs?

By Itho October 1, 2014

[ad_1] What Is an Expiration Date? An expiration date is the last day that a consumable product such as food or medicine will be at its best quality according to…

Double-Spending in Cryptocurrency: Definition, Risks, and Prevention

By Itho August 31, 2013

[ad_1] What Is Double-Spending? Double-spending is spending the same cryptocurrency or blockchain token more than once. Cryptocurrency is a token representing value on a distributed ledger. Without proper safeguards, it's…

Cryptocurrency Explained With Pros and Cons for Investment

By Itho July 29, 2013

[ad_1] What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Cryptocurrencies exist on decentralized networks that…