Computer safety is a sophisticated system of different mechanisms. One of them that provides integrity and security of information is known as hashing. Sometimes people mistake it for encryption. However, they are not identical. Due to the mathematical algorithm, usual text is transformed to a unique string or becomes ciphered. For instance, instead of your surname, you can get a string that will be unique. At the same time, your name will remain hidden. Let us find out the hashing definition in cryptography and more interesting detail about this algorithm.

What is hashing in cryptography?
--------------------------------

How to define hashing in cryptography? This technique was developed for the preparation of a cipher based on any text information. Thus, when you provide some input, you get the corresponding output. The tiniest change in the input immediately changes the result. Therefore, hashing algorithm in cryptography converts a usual text into its secure version. This process is done swiftly and efficiently. However, there is no chance to reverse it. Here lies the main difference of this technique and encryption. The latter is reversible, so you can encrypt something and then decrypt it back via a special key. As for hashing, there is no such chance. When this algorithm works, it takes the password and creates some cipher from random letters and numbers. When the user inputs this password for authentication, the system matches it to the hash. If the input corresponds to the output, everything is good, and the user can log in. Let us consider an example with a bank:

*   Imagine that you have created a new password.
*   It will not be saved by the bank. Instead, it will be put into an algorithm with the formation of a unique result that will be saved.
*   After an attempt to log in, the system will compare the data.
*   The authorization occurs only in case of full matching.

Therefore, due to this technique, people can authorize data without being aware of their content. That is why this algorithm is extremely popular for storing passwords. This approach contributes to security and users can truly rely on the web resources that utilize it. It is especially valuable for different financial and banking institutions. In addition, a cryptocurrency exchange, that as Exolix uses this approach, secures the transactions and personal data of clients. Moreover, this technique serves as a solid barrier for attackers. If they try to access the database with passwords and succeed in it, they will see only the hashes. Still, it is completely impossible to reverse them back to the passwords of users. Altogether, this technique was developed and introduced to achieve the following aims:

*   Verification of data;
*   Proper authentication of users;
*   Secure storage of sensitive data.

Features of the tool
--------------------

According to the hashing in cryptography definition, this technique transforms information of any given size into an output with a fixed size. The latter is a cipher that is also known as a hash value. The main purpose of this process is to verify information. As we have already mentioned this tool is especially valuable for passwords. Any safe database utilizes it to guarantee the security of this information. Thus, every time the user logs in, the combination is hashed and compared with the saved version. Only if everything matches, the procedure will be completed. Therefore, the main purpose is this specific comparison. This algorithm has the following properties:

*   Determinism. The output always corresponds the given input;
*   Irreversibility. One cannot get back an original password from its hash;
*   Resistance to repetition. Two different inputs cannot give the same output;
*   Non-predictability. The generation process is fully random and no one is able to predict its results;
*   Contraction. The output is always smaller than the input you choose.


As for the useful features, the main list includes:

*   Security. This function has only one way and cannot be reversed by any means;
*   Uniqueness. There is no way to get the same result from two different inputs;
*   Convenient size. The created hash value will have the size that is characteristic of it not for the given data.

Types of hashing in cryptography and their utilization
------------------------------------------------------

Hashing algorithms differ in their output. For example, message digest 5 creates a 128-bit string value, for secure hashing algorithm 1 it is 160-bit, and SHA256 has a 256-bit value. As for the main areas of hash utilization, they include the following categories.

### Storage of passwords

If the passwords are stored as text, any attacker can find them and use them. However, hash utilization hides this information. Even when an intruder enters the database, he observes only hash values that are of no use.

### Authorization

This tool serves as a basis for an authorization procedure. Every time you type in the password to log in, the system makes a comparison with a hash value. If it corresponds, the procedure is successfully completed.

### Working with information

It assures us of the originality and correctness of data. When it works properly, it provides a high level of security for all users. Altogether, as a security measure hashing is very useful and popular. It is used when you swap or convert crypto, log in to your account, and all the reliable web resources provide this function to save sensitive data of their clients. It contributes to the safety as a whole and gives confidence in the security of your actions.

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Understanding Hashing in Cryptography is important as this technique serves as a solid barrier for attackers. It enables to store the passwords in a completely secure form of hash values

Understanding Hashing in Cryptography: Definition and Features

Understanding Hashing in Cryptography

It is widely known that cryptocurrency price is highly volatile and hardly predictable. However, there are different mechanisms and analysis techniques that are utilized for this purpose. In addition, such a concept as stablecoins has been developed to overcome this problem. Its main idea was to create a digital coin that corresponds to the real one, and has strong support and is almost steadfast in price. Since its introduction in 2018, everything went well until March 2023 when certain banks’ closures called for a huge deviation in the exchange. The situation was taken under control in a few days. However, now many investors worry about USDC price prediction and we are going to discover more about this situation to unveil the future.

Is USDC coin a good investment?
-------------------------------

First and foremost, let’s find out more about this concept and its unique features. The basics are as follows:

*   USDC is a centralized coin and is characterized by the greatest capitalization among similar options;
*   the market value of this asset rise more than 10 times during 2021;
*   its price is usually near $1 and has shown a low deviation (less than 1%) until recently.

The thing is that it was supported by securities and cash of the US-regulated financial organizations. Such a trustworthy backup made transactions with this coin highly appreciated and the number of people who wish to convert or swap it on an exchange like Exolix has been steadily growing. USDC appeared to be a great tool for the following situations:

*   To reduce the risks associated with crypto and its unstable pricing. On-chain transactions with their help as well as funds storage became both quite popular;
*   To enrich the portfolio of the trader or the investor who follows the diversification rule;
*   To utilize a financial instrument that is both decentralized and safe.


The amazing popularity of this project is based on the trust of its issuers. The consortium that developed this coin is a huge properly regulated financial institution that works in compliance with high standards and laws. In addition, there is a transparent reporting system that makes the project reliable. The funds for USDC securing are placed in well-known US banks. Moreover, an independent audit is organized regularly to check the value of this asset as well as its backup. That is why, before March 2023, there were not many people who cared about the USDC crypto price prediction. It remains stable since its launch with only tiny deviations compared to other crypto projects. However, the reality proved the real digital nature of this asset.

USD coin (USDC) price prediction
--------------------------------

So, why is everyone so worried and looking for the USDC price prediction 2025? The disturbing situation happened during the second weekend of March 2023 when this stablecoin got a significant deviation for the first time since its appearance. The reason for this was the collapse of the Silicon Valley Bank in the USA. What is the linkage here and what actually happened? The story was as follows:

*   Silicon Valley Bank (SVB) had thirty years of history and experience and belonged to the largest bank in the US;
*   the backdrop of Signature and Silvergate – crypto-friendly banks – accompanied its collapse;
*   as the reserves for USDC were linked to these players, this dramatic situation led to unprecedented liquidity in the USDC markets.

Some users tried to redeem the coin, while others drove it down and its stability was ruined. At the lowest level, it was trading for $0.88 that was a real shock for everyone. However, the situation went back quickly and, for now, this stablecoin again corresponds to its name. What about the USDC coin price prediction 2030? The experts and developers of this project claim that it will continue to hold its borders. Of course, losing three banking options at a time is drastic and it was a shock for all the market participants. As we have not experienced any such problems since 2008, it is hard to feel safe again just in a few days. Still, under these circumstances, all creditors are ensured to be paid back, and all deposits will be also returned. In addition, it is worth remembering that the crypto economy is reliant on various factors and players. Therefore, we should analyze the market and be ready for any events so we can feel safe and enjoy all the preferences of the decentralized currencies.

USDC-prediction.png

USDC Price Prediction 2024, 2025, 2030 foretells that this stable coin will retain its price and steadily grow in it up to 2030. Its concept is not related to abrupt changes and volatility

USDC Price Prediction 2024, 2025, 2030: the future of the asset

How much will USDC be worth in 2030? And How high can USD Coin go?

USDC Price Prediction 2024, 2025, 2030

Most financial organizations are obliged to identify and control their clients and customers. This occurs with the help of the KYC (Know Your Customer) process is a part Anti-Money Laundering (AML) system. Why do these measures exist? There are several purposes including reputational and security issues. However, the main points that were emphasized during the introduction of this system were the prevention of money laundering and the financing of terrorism. The thing is that when the person is not identified he or she can operate with illegal money or spend them on illegal issues. From this viewpoint, verification seems more than logical. Still, what is KYC in cryptocurrency? This area was designed to be highly confidential and decentralized. Then, why do we need any authentication at all? Let’s discover the intricacies of this question to understand what is crypto KYC and how it Is used.

What is KYC verification?
-------------------------

If a cryptocurrency exchange like Exolix wishes to comply with Anti-Money Laundering (AML) rules, it must gather some data to identify the clients. The process in general is as follows:

*   When one creates an account, he is asked to provide full name and other sensitive information proved by certain documents.
*   The platform does the validation procedure and checks the verity of this data using some official resources. In addition, it determines the risk profile of the user.
*   Based on the results of the previous step, the client gets access to the exchange or not.

That is the general answer to what is KYC verification crypto. The detailed procedure varies according to the platform and may take different times. However, it means full and true identification in any case.

Advantages for crypto: what is KYC?
-----------------------------------

There are numerous discussions on what is a KYC in crypto and how it must be utilized in this area. Still, there is a list of benefits that are associated with the platform that uses it.

### No problems with regulators

If there is KYC, the platform has fewer legal disputes or fines. Implementation of this procedure proves its reliability. Moreover, there will be no need to follow legislation that is constantly changing. Instead, the platform can focus on development and try to make its overall performance better.

### Trust of the customers

Clients who care about their security understand this issue. They will not ask what is KYC crypto and will not oppose it if they are honest. If this procedure is present, then the platform reveals its reliability and one can be sure that it is safe to make transactions here.

### Higher stability

Unsafe transactions as well as money laundering contribute to the increased volatility of the market. Investors are not interested in such destabilization that is why some level of control is welcomed.

### Prevention of reputational damage

If this procedure is implemented, it is much easier for the platform to determine criminals in case of an attack. There will be an opportunity to block suspicious accounts immediately and secure all other users.

What is KYC in crypto: useful details
-------------------------------------

Any government or central bank does not regulate the world of crypto. Therefore, users here can make a transaction, swap and convert assets with low fees very quickly. Moreover, all the activities were created to be anonymous so a person does not need to provide any personal data. No wonder criminals who wish to avoid AML rules became highly interested in it. For instance, exchanges appeared to be a great place to launder money – convert them into crypto and back. When no one asks about the origin of these finances, what can be better for them? Therefore, the issue of KYC compliance in this area also became crucial. There are many honest investors, users who wish to play openly here, and they do not want to become victims of scammers and suffer from their activity. Still, not all the platforms have introduced this procedure. Those users who wish to avoid it will find different alternatives. While using them, it is important to keep in mind the following risks:

*   A lower level of security and more chances to get hacked;
*   Lower liquidity due to the smaller size and number of customers. It may be challenging to find counterparts for trade here and the fees will be higher;
*   Due to the higher risks, the cost of using such services is on average higher.

The protection of personal data is of great importance nowadays, especially in the crypto world. One can use a platform with or without KYC but it is related to different risk levels.

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What Is KYC and Why Does It Matter For Crypto exchanges? This procedure checks the identity and risk profile of the users. It is aimed to create a secure space without money laundering

What Is KYC and Why Does It Matter For Crypto exchanges?

This procedure means the verification and validation of the user’s identity by providing official documents. If the platform uses it, the client is asked to provide documents while creating an account. They are checked and then the decision is made on whether or not to open it.

Trading is based on numerous indicators and different types of market analysis. It may be challenging to follow them, especially for beginners. However, one cannot rely only on his own feelings and thoughts in this area. You definitely need some set of instruments that will help you to navigate and make decisions. It is recommended to get acquainted with the market and its instruments step by step and then build up your strategy on this knowledge. For instance, here we are going to discuss Gaussian Channel Indicator, its’ meaning and utilization.

What Is the Gaussian Channel Indicator?
---------------------------------------

A talented mathematician Carl Gauss developed one of the most popular statistical tools that we know as the normal distribution. Nowadays it is often referred to as a bell curve that has mean and variance parameters and is used in the financial and cryptocurrency market. As a technical indicator, it minimized the lag and helps to make a correct prediction of future trends. 

That is exactly the thing that one needs for successful transactions. From a mathematical point of view, this concept is based on the following: 
• The mean value is put in the center of the curve; • The standard deviations determine dispersion around it; 
• Under normal conditions, 68% of information is between -1 and +1 standard deviations, 95% fall is within two, and 99.7% is within three standard deviations. In special software, this indicator has three bands: center, high and low. When the price appears in the channel from the top or the bottom, it means that it can change abruptly. If it happens you will also observe the change in colors on the curve. Therefore, while following the changes in this indicator, you can better understand what the current trends are and build up your strategy correspondingly. The conclusions that you make will help you to choose the time to visit an Exolix exchange and convert your coins profitably.

How to Use the Gaussian Channel Indicator
-----------------------------------------

What are the ways of the utilization of this indicator? Imagine that one is bullish on Bitcoin. Then, it is recommended to wait for the moment when the price appears on this channel. It indicates a probable reversal of the trend. When the price goes to the upper band, a bullish trend starts. In addition, you can follow the change of color for this indicator (it can be green or red). It is a bit easy and the probability of false alerts is eliminated. However, it is related to some delay in the time when you enter the market. One point that is also important is to choose an entry point according to the risk level that is suitable for you. Some users initiate trades in the middle band, while others follow additional indicators and try to get the clearest possible picture before they swap something.

Advantages and disadvantages of Gaussian channel trading
--------------------------------------------------------

Price movements and volatility accompany the life of every trader. One cannot avoid them and has to select the strategy and indicators to cope with the high level of uncertainty. 

For this, the proper scope of indicators that are used correctly is the best thing. As for the normal distribution, its benefits are as follows: 

• It is based on a mathematical concept that was thoroughly studied and described in detail; • This tool has proved its ability to indicate future trends; 
• It is easy to understand and use it. Whenever you observe the green color, it is time to buy, and vice versa. However, there are certain drawbacks that one should pay attention to, namely: 
• It is a reliable tool for long-term strategies. In the brief period, the price can go over the channel, so an entry will be delayed; 
• Sometimes you will need to utilize additional indicators to confirm the trend that you observe here; 
• Not every trading software provides a chance to use this tool. Sometimes it must be downloaded from other resources that make the whole process a little bit more difficult. Furthermore, it is advisable to check the following parameters for any indicator that you are going to use: 
• First of all, such a tool must offer more correct than incorrect signals. If your predictions are right, you will profit, and you can achieve this with reliable indicators. Therefore, look for the opinions and advice of other traders; 
• Do not forget to check the profit-to-loss ratio. The higher it is, the better your results will be. Thus, a proper indicator is related to many right signals that prevail over the incorrect ones and is at least two times more profitable than losing. If we consider the Gaussian channel indicator in these terms, we will observe quite high reliability. For instance, it was successfully used for the prediction of Bitcoin’s price in 2020 when the volatility was extremely high. It provided clear trends that appeared to be true and may users profit from it. Altogether, this tool belongs to the group of basic indicators. It is backed by science and has proven its reliability during different periods on the market. Do not hesitate to add it to your instruments and profit from it. Just take your time and follow it for some period to keep up with all the nuances and features. Keep in mind that correct signals help to build up your strategy and support you on the way toward success and profits.

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Gaussian Channel Indicator: Detailed overview for crypto investors. Learn how to understand the changes in this indicator and profit from its’ accurate predictions of the market trends

Gaussian Channel Indicator: Detailed overview for crypto investors

When you visit the Exolix exchange, you may ask yourself when it is a good time to act and make transactions. This question is of great importance for every trader, especially if we talk about the cryptocurrency market. The thing is that you will profit only when the trend is strong. Therefore, you need some reliable instruments to trace such moments and act immediately. One of the best such instruments is the Average Directional Index or ADX for short. Let’s learn more about its basics and how to use ADX indicator to profit.

ADX indicator: how to use and what it is
----------------------------------------

This tool reveals the strength of a trend using a trend line together with a pair of directional movement indicators. You will easily find ADX under a price chart with the value from 0 to 100, and there is also an ADX black trend line. As for the directional indicators, there is a positive green (+DI) and a negative red (−DI) one. According to the presented values, the strategy and decisions for actions are developed. How to use ADX? The strength of a given trend is determined via an accurate analysis of black, red and green lines and their relationship. In addition, one can plan entry and exit points based on this information. Keep in mind that ADX utilizes a moving average for the price for a certain period. In most cases, you will see two weeks period by default or you can change it if needed. There are calculations behind each line. However, it is more important to understand the analysis, not the formulas. At last, before answering the question of how to use ADX in crypto trading, we should mention the high uncertainty and volatility of this type of asset. Therefore, the proper prediction is even more valuable in this area and it can be made with the help of this indicator.

How to use the ADX Indicator
----------------------------

How to use ADX indicator for day trading? First of all, follow the moves of the lines up and down. When the +DI is going up, the trend is strong. If the −DI is moving down, that is a sign of the weakening of the market. In addition, the following ADX values are associated with the current situation: 
• 0–25 – weak; 
• 25–50 – strong; 
• 50–75 – very strong; 
• 75–100 – extremely strong. 

Here the navigation is quite simple and convenient. If the ADX value is moving up and reaching 25, you observe the strengthening of the trend. Thus, if you wish to purchase an asset, wait until this point and only then open the trade. On the contrary, when the figure decreases from 80 to 70, you observe the weakening of the trend. Another essential point is the crossover between −DI and +DI. When the positive is moving above the negative one with an ADX value of more than 20, the buying trend is going to continue. In the opposite situation, there is a downtrend and it is better to start selling. Furthermore, the behavior of lines gives you a hint about the stability of the trend. If you see stable higher highs or lower lows, then the situation is stable. If in such a situation, you follow the trend, your chance for profits becomes higher. One can also utilize a multiple-period analysis together with this indicator, and open trades in lower periods. Still, the ADX can be an indicator of a neutral trend. Therefore, in a volatile market, it can move sideways because of insufficient liquidity.

Advantages and disadvantages of ADX
-----------------------------------

Now you know how to use ADX to trade but still remember that this is not a complete solution. Experienced traders always use a set of indicators and carefully check them when they wish to swap or convert something. 

That is because each tool has its limitations. As for the ADX, it is associated with the following benefits: 
• High accuracy and reliability in the determination of market trends; 
• Quick help in searching for profitable trends; 
• Accurate quantification of the trends’ strength; 
• Easy combination with other instruments; 
• The possibility to utilize it for both bullish and bearish markets. Still, one should remember some disadvantages, namely: 
• It is a lagging indicator; 
• Sometimes there are false signals on sideways markets; 
• It is not a complete solution and other tools are required as well. 

Altogether, this tool is easy to understand and convenient to use. One can apply it as a basic one but better with the combination with other instruments. In this case, you will be able to see the trends clearly and build up a reliable profitable strategy even in such a volatile market as the crypto market.

FAQ
---

### How do you use ADX indicator Crypto?

Check the ADX value to understand the situation in the market. In addition, utilize the lines that show the directional movement. Then, you will see the strength of the trend and its nearest future.

### What is the best setting for ADX?

When the ADX is more than 20, the positive line is moving up and the negative line is moving down for two weeks, this reveals a strong buying trend. In most cases, two weeks period is enough for evaluation.

### What is the best length for ADX?

The standard length is two weeks and it is set this way on most platforms. However, you can change the setting if required.

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How to Use ADX (Average Directional Index)? This index may have values from 0 to 100 and is accompanied by two trend lines. Their combination reveals the strength and stability of the trend

How to Use ADX (Average Directional Index) and profit from it?

How to Use ADX (Average Directional Index)

2022 was somewhat of a polarizing year for those with a keen interest in cryptocurrencies. Several worrying trends emerged, and some expectations were not met, but on the whole, it all seemed incredibly promising. Not only were significant profits made, but also some barriers were broken.

One such barrier was the overall scarcity of women leading the industry. Recent shifts and changes in the crypto industry saw many women, new and veteran, making a name for themselves. While some came from nothing, others had solid experience, and some just decided to swap their boring office jobs for something much more promising.

In this text, we will focus on the top women in crypto. These are the minds that will shape the future and create a safer, more inclusive cryptocurrency community. We broke down our list into two parts because, for Exolix experts, it made sense to separate influencers from entrepreneurs (although the difference might become less noticeable in the future).

Top 3 Famous Females in Crypto
------------------------------

### #1 - Elizabeth Stark (@Starkness on Twitter)

She is a co-creator and the CEO of [Lightning Labs](https://lightning.engineering/), one of the biggest and earliest proponents of scaling in the blockchain. Stark’s company achieved great results due to its drive for innovation and rapid development, and it is considered a pioneer in certain aspects, especially when it comes to scalable transactions. In addition to all that, the 41-year-old New York native works with Coin Center and provides advisory services at Chia.

### #2 - Meltem Demirors (@Melt\_Dem on Twitter)

You absolutely cannot talk about famous women in the industry without mentioning Demirors. The 34-year-old is the Chief Strategy Officer at CoinShares, one of the biggest cryptocurrency investment firms. Demirors’ determination, biting wit, and fearlessness made her one of the most interesting people to follow on Twitter. By the way, in her latest prediction, Demirors said that in 2023, we would see BTC somewhere between the price points of $15,000 to $30,000.

### #3 - Cathie Wood (@CathieDWood on Twitter)

Cathie Wood is both the CEO and CIO at ARK Investment Management (LLC). The assessment management company experienced incredible growth with Wood at the helm. The Los Angeles native is now leading the efforts of the actively managed Exchange Traded Fund to give clients even more benefits in the long run. She has 1.5 million people following her on Twitter alone, which is a very impressive number.

Top 3 Famous Female Crypto Influencers
--------------------------------------

### #1 - Tavonia Evans (@cryptodeeva on Twitter)

Evans actually has a coin that she can call her own. [Guapcoin](https://guapcoin.org/) (GUAP) is an altcoin that was created to further empower the black community and promote financial independence. The percentage of women in crypto is low as it is, but the percentage of women of color is even lower. So, Evans’ coin has a special purpose.

### #2 - Camila Russo (@CamiRusso on Twitter)

Russo is a published author (her non-fiction book details the rise of Ethereum), a former Bloomberg reporter, and also the creative mind behind The Defiant. This multimedia platform focuses solely on the world of crypto and helps educate, inform, and sometimes even entertain those interested. She is an important voice in the community and one that will no doubt influence how the industry progresses in the future.

### #3 Lea Thompson (@girlgone\_crypto on Twitter)

Lea’s tech industry background and expertise are very visible. She is a huge advocate for Bitcoin and other digital currencies. Her Twitter feed is full of entertaining content that is easily understood and highly informative. This is the face of the next wave of industry leaders. Thompson is very skilled when it comes to educating people, even those who are far from the target crypto audience, and this is why she is so popular across all social media platforms, including TikTok.

Women in Crypto: Will There Be a Difference in the Future?
----------------------------------------------------------

Increased involvement of women in the crypto industry is very important. With higher levels of diversity and inclusivity, the crypto economy opens itself to new opportunities that we are all eager to see taking  shape. No matter if they’re a new convert or a longstanding player, we are all looking forward to seeing women in the crypto community grow and succeed.

There’s no doubt that the current generation of women will make the most of the opportunities they are presented with. We can already expect to see more women investing in crypto and more women holding leading roles within the industry. As of right now, we are reaching a breaking point where we see more women entering the field and changing the perception of crypto as a male-dominated industry. The future is bright, and the cryptocurrency industry will no doubt benefit from fresh perspectives.

We predict that 2023 will see the number of females investing in crypto multiply in line with the rise of the more user-oriented approach. Recent data suggest that [close to 30%](https://www.bankrate.com/investing/cryptocurrency-statistics/) of crypto holders are female, so we expect the number to rise as the exposure and accessibility of digital currencies increase. In 2022, multiple surveys showed that [45% of women know how to buy crypto](https://www.prnewswire.com/news-releases/blockfi-survey-reveals-nearly-1-in-3-women-plan-to-buy-crypto-in-2022-301494484.html) and plan to do so; thus, we expect that at least 45% of crypto holders will be female in 2023.

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We can already expect to see more women investing in crypto and more women holding leading roles within the industry. As of right now, we are reaching a breaking point where we see more women entering the field and changing the perception of crypto as a male-dominated industry.

Famous Women in Crypto That You Should Know | Exolix

Famous Women in Crypto That You Should Know

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