Cryptocurrency Q&A
What is blacklisted token?
What is blacklisted token?
benjamin_brown_entrepreneur
Sat Aug 24 2024
|
6
answers
1108
Can you explain what a blacklisted token is in the world of cryptocurrency and finance? Is it a term used to describe a particular type of token that has been deemed unacceptable or unsafe for use? Are there specific reasons why a token might be blacklisted, such as fraudulent activities or non-compliance with regulations? Understanding the concept of a blacklisted token is crucial for investors and traders to avoid potential risks and scams in the cryptocurrency market.
6 answers
HallyuHeroLegendaryStarShine
Mon Aug 26 2024
The primary purpose of this list is to prevent unauthorized access by tokens that may have been compromised or no longer valid. By maintaining a blacklist, organizations can ensure that only legitimate and authorized tokens are granted access to their systems.
Was this helpful?
181
87
GalaxyGlider
Mon Aug 26 2024
A JWT blacklist, also known as a deny list, serves as a crucial security measure in managing access to systems. It comprises a compilation of tokens that have been revoked or deemed unfit for granting access.
Was this helpful?
167
29
Leonardo
Sun Aug 25 2024
Additionally, Redis's support for data expiration and atomic operations further simplifies the management of the JWT blacklist. Expired tokens can be automatically removed from the list, and updates can be made in a consistent and reliable manner.
Was this helpful?
320
76
GangnamGlitz
Sun Aug 25 2024
Implementing a JWT blacklist can be achieved through various methods, including the use of traditional databases or caching mechanisms. While databases offer a persistent storage solution, they may not be the most efficient choice for real-time access checks.
Was this helpful?
263
73
CryptoEnthusiast
Sun Aug 25 2024
An alternative approach is to utilize an in-memory data cache, such as Redis. Redis, being a high-performance key-value store, provides faster access times and scalability compared to traditional databases. This makes it an ideal choice for maintaining and querying a JWT blacklist in real-time.
Was this helpful?
92
80
Load 5 more related questions
