A computing term used to describe computer programs that run in the background with no visible effects on the user interface.

A daemon is a concept in computing circles that is used to describe programs that often initiate themselves and only run in the background. These programs are usually important in some way and periodically assist processing by carrying out specific tasks along with user-enabled programs.

Some daemons are continually running in the background. These programs are initiated whenever the computer comes on and remain in execution mode until the user directly terminates them. However, other daemons remain in dormant mode until an associated computer application is launched by the user.

A figurative term used for periods where declining prices of stocks and assets recover briefly and then continue to fall.

A dead cat bounce refers to a period where the price of an asset, security, or stock picks up briefly and then continues to fall. The term is widely used on Wall Street in response to the nature of stock market fluctuations. Thus, traders and investors say that the latest rise in price (which was immediately accompanied by an unrelenting plunge in stock prices) is a dead cat bounce.

The idea of dead cat bounces emerged from the notion that even dead cats bounce at least once when they fall from great heights. Thus, the principle is that no matter how market conditions are terrible and result in asset prices plummeting, there would still be a brief period where these prices rise a bit—and then continue falling.

Possession of private keys to user’s funds by authorized third parties.

Custody is a term used in cryptocurrency to describe the possession of private keys (they help to open and confirm a transaction) to a user’s fund(s) by authorized third parties. This is usually the best option for recent users who are not accustomed to how key management works.

Although, when traders rely on custody, it does not in any way ensure the security of their currency. Nonetheless, traders are strongly advised to keep their digital currencies in cold storage if they want to prevent theft, especially if they have no immediate plans to use them.

Daemon

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