Glossary Terms Starting with V

Vampire Attack

A vampire attack uses targeted incentives to draw users, liquidity, volume, or market share away from an established decentralized protocol. Defenses against…

Vault Access

Vault Access is the permissions and procedures that allow a person, service, device, or role to view, administer, deposit to, withdraw from,…

Vault Account

Vault Account is a named or numbered account within a custody or vault platform used to organize balances, addresses, policies, users, or…

Vault Approval

Vault approval is the formal authorization required before a vault executes a withdrawal, policy change, access change, recovery, or other protected action.…

Vault Backup

A vault backup is a protected copy of vault data, configuration, keys, recovery shares, or records needed to restore controlled access and…

Vault Balance

Vault Balance is the quantity of assets attributed to a vault or vault account at a specified time under defined inclusion and…

Vault Deposit

Vault Deposit is an inbound transfer of assets into a vault, vault account, or address assigned to that vault. The blockchain transfer…

Vault Key

Vault Key is a cryptographic key or key share used to control, administer, encrypt, or sign transactions for a particular vault. The…

Vault Policy

A vault policy is the enforceable set of rules governing who may access a vault and what actions, assets, destinations, or changes…

Vault Recovery

Vault recovery is the controlled process of restoring vault access, authority, data, or assets after loss, failure, compromise, or personnel change. Vault…

Vault Transfer

Vault Transfer is a movement of assets between vaults, vault accounts, or a vault and another controlled account. It may be an…

Vault Withdrawal

Vault Withdrawal is an outbound movement of assets from a vault to an external address, account, custodian, or another authorized destination. It…

Velocity Attack

Velocity Attack is an attack or weakness pattern that submits many transactions, login attempts, registrations, or other actions rapidly to exploit limits…

Vendor Crypto Payment

A vendor crypto payment is a business payment made in cryptocurrency to an external provider of goods or services. The term is…

Vendor Crypto Payout

A vendor crypto payout is a cryptocurrency payment made to a supplier, contractor, service provider, or other business vendor to satisfy an…

Vendor Lock-In Risk

Vendor Lock-In Risk is the risk that dependence on a provider’s proprietary technology, data model, integrations, contracts, pricing, or operational knowledge makes…

Vendor Risk

Vendor risk is exposure created when an external provider’s security, operations, finances, compliance, technology, or dependencies affect an organization’s objectives. Vendor Risk…

Verifiable Credential (VC)

Verifiable Credential (VC) is a tamper-evident digital credential whose claims and issuer can be cryptographically verified according to a defined data model…

Versioned Transaction

A versioned transaction carries an explicit format version so a blockchain can add features while preserving deterministic decoding of older transactions. On…

Vested Token Supply

Vested Token Supply is the portion of token allocations for which beneficiaries have satisfied the applicable time, service, milestone, or other vesting…

Virtual Asset Service Provider (VASP)

A Virtual Asset Service Provider is a business that performs specified virtual-asset exchange, transfer, safekeeping, administration, or related financial services for others.…

Virtual Byte (vByte)

A virtual byte is Bitcoin’s fee-accounting unit derived from transaction weight after Segregated Witness. Virtual size equals transaction weight divided by four…

Volatility

Volatility measures how widely and rapidly an asset's price or return changes over time, without indicating the movement's direction. For reliable use,…

Volatility Risk

Volatility risk is exposure to financial or operational harm caused by the speed, magnitude, or unpredictability of changes in an asset’s value.…