Safu is a term used to denote ‘Safe’ in the cryptosphere. The very first time someone used this term (Safu) was by Bizonnaci YouTube channel, where the YouTuber made this funny video after the Binance CEO tweeted in July 2018 saying ‘ Funds are safe.’ But this somehow got turned into a crypto meme and crypto slang.
What is cryptocurrency?
What Is Cryptocurrency? – Forbes Advisor What Is Cryptocurrency? Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Cryptocurrency is decentralized digital money that’s based on blockchain technology.
What is Satoshi Nakamoto's cryptocurrency?
The currency was developed by Satoshi Nakamoto – widely believed to be a pseudonym for an individual or group of people whose precise identity remains unknown. Developed in 2015, Ethereum is a blockchain platform with its own cryptocurrency, called Ether (ETH) or Ethereum. It is the most popular cryptocurrency after Bitcoin.
What is a semi-anonymous cryptocurrency?
They're semi-anonymous. Cryptocurrencies can be designed so that no one can see who you are or what you're spending your crypto on—though the transactions associated with a wallet address are publicly viewable. They're not controlled by a government.
