Glossary Archive

Segregated Witness (SegWit)

Segregated Witness (SegWit) is an architectural change that was activated on August 2017 as a soft fork on the Bitcoin network (it is backwards compatible with users who have not accepted the new rules). This change is designed to increase security and efficiency. SegWit splits transactions into two segments, and removes the unlocking signature (witness…

Services

General services, including non-profits, forums and news sites, and addresses belonging to token contracts.

Shadow Chains

A blockchain that is able to iteratively upgrade your 2–2 multi-signature HTLC with the owner of a smart-contract.

SharedCoin

SharedCoin service is an open-source implementation of the CoinJoin privacy protocol, and is often referred to as a ‘mixer’.

Smart Contracts

A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. Because they are on the Ethereum…

Stablecoin

Stablecoins maybe privately issued cryptocurrency or algorithmic or “non-collateralized/decentralized” stablecoins such as DAI, an algorithmic stablecoin issued by MakerDAO.

StarkEx

An L2 that uses zk proofs.

Suspicious Activity Report (SAR)

A Suspicious Activity Report (SAR) is a document that financial institutions must file with their Financial Intelligence Unit (FIU) whenever there is a suspected case of money laundering or fraud. These reports are tools to help monitor any activity within finance-related industries that is deemed out of the ordinary, a precursor of illegal activity, or…

Suspicious Transaction Report (STR)

A Suspicious Transaction Report (STR) is a document that financial institutions must file with their Financial Intelligence Unit (FIU) whenever there is a suspected case of money laundering or fraud. These reports are tools to help monitor any activity within finance-related industries that is deemed out of the ordinary, a precursor of illegal activity, or…

Glossary Archive - Ciphertrace