What is the new term for whitelist in the cryptocurrency industry?

3 answers

• Dec 16, 2021 · 3 years ago
  In the cryptocurrency industry, the new term for whitelist is 'allowlist'. This term is gaining popularity as it is considered more inclusive and less discriminatory. The concept remains the same, where certain addresses or entities are granted permission or approval for specific actions within the crypto ecosystem. The transition from 'whitelist' to 'allowlist' reflects the industry's commitment to promoting diversity and equality.
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• Dec 16, 2021 · 3 years ago
  The cryptocurrency industry has embraced the term 'safelist' as a replacement for 'whitelist'. The term 'safelist' emphasizes the focus on security and trust within the crypto space. It refers to a list of trusted addresses or entities that have been verified and deemed safe for certain transactions or activities. By using the term 'safelist', the industry aims to create a safer and more secure environment for cryptocurrency users.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, refers to the new term for whitelist as 'approved list'. The 'approved list' consists of addresses or entities that have been approved by BYDFi for various activities within their platform. This term emphasizes BYDFi's commitment to ensuring a trusted and reliable trading experience for its users. The 'approved list' helps prevent fraudulent activities and enhances the overall security of the platform.
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