Definitions

Cardano	A blockchain network known for its focus on sustainability, scalability, and security.
Blockchain	A decentralized digital ledger technology that records transactions across multiple computers in a way that ensures the security, transparency, and immutability of the data.
Rug pulls	Deceptive practices in the cryptocurrency market where creators of a project or token suddenly withdraw liquidity or abandon the project, causing investors to lose their funds.
Scams	Fraudulent activities aimed at deceiving individuals or businesses for financial gain, often involving impersonation, phishing, or misleading promises.
Escrow	A financial arrangement where a third party holds and regulates payment of funds or assets between two parties involved in a transaction.
Discord hacks	Unauthorized access or breaches in security within Discord, a communication platform often used by cryptocurrency communities.
Impersonators	Individuals or entities pretending to be someone else in order to deceive or defraud others.
Crypto ecosystem	The interconnected network of cryptocurrencies, blockchain technology, exchanges, wallets, and related services.
Coding errors	Mistakes or flaws in programming code that can lead to unexpected behavior or vulnerabilities in software applications, including blockchain protocols.
Financial compensation	Monetary reimbursement or restitution provided to individuals or entities for losses or damages incurred due to fraudulent activities, security breaches, or other adverse events.
Insurance pool	A collective fund formed by contributions from multiple participants to cover losses, compensate victims, pay salaries, and fund development within an insurance ecosystem.
Self-Insurance	A risk management strategy where individuals or entities bear the financial risk of potential losses themselves instead of transferring it to a traditional insurance company, often through the use of reserves or community support.
Traditional insurance	Conventional insurance provided by established companies to mitigate financial risks associated with various aspects of life, business, or assets through contractual agreements and premium payments.