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Brick funds are funds stuck inside of a smart contract due to a programming bug.
They can’t be recovered and are lost forever. Sad.
Protocol and smart contract audits performed by reputable companies can help to discover bugs, vulnerabilities, and security risks before they have a larger impact on the community.
A scam tactic perpetrated against crypto traders and investors, that results in all investment funds disappearing without a trace. The scam usually takes the shape of scammers setting up a brand new coin that promises instant gains or too-good-to-be-true scenarios. Once the coin is made public, the scammers (criminals) drum up attention on social media and chat rooms, in hopes of enticing investors to buy the cryptocurrency of the project. The fraud materializes when the founders of the coin disappear without notice, taking all investor funds with them.
Cardano is a decentralized open-source blockchain platform built with proof-of-stake (PoS) consensus, offering smart contract capabilities, and using the native cryptocurrency ADA.
The Laser Eyes meme started out as a show of enthusiasm and community bonding during bitcoin’s (BTC) journey up to $100K. Several Bitcoin community members decided to add laser eyes to some friends’ avatars in hopes of fueling the entire crypto community to push bitcoin’s price to a new ATH.
Ethereum is a decentralized blockchain platform that makes digital money, global payments, and applications possible using open-source software and smart contract functionality. The big difference between the two is that Ethereum is programmable, meaning you can build and use decentralized apps on the network. That means the Ethereum blockchain can be programmed to do virtually anything.
A blockchain that isn’t fully operational and deployed to a production environment. Testnets are great for troubleshooting bugs, testing all features of the blockchain, and confirming that the system is secure before launching to mainnet. Testnets aren’t monetized, so no funds are at risk and no fees are paid.
Using stops on every trade is one way to control losses. But if a trade isn’t showing a profit in a reasonable period (the definition of “reasonable” will be dependent on the specific methodology) there is no reason to wait for the stop to be hit.Richard Bargh