Tag: Glossary

(Secure Asset Fund for Users) This ensures that an emergency fund is held to safeguard all funds that have been deposited. In the case of a hack or other event resulting in the destruction of user properties, this money will be used to reimburse investors. SAFU has become a security standard that aims to balance the volatility and exposure that the cryptocurrency world has to the risk of losing assets. Various cryptocurrency...

A fraud proof is a procedure employed in dApp ecosystems that use optimistic rollups. Optimistic rollups decrease the fees and latency a dApp might experience on the Ethereum platform. A sequencer that processes ORs must include a fraud proof with its work to incentivize good performance. Sequencers are financially compensated for processing roll-ups according to consensus guidelines, and they are penalized financially for breaking them by...