Web3

Counterparty Risk

The risk that the other party in a financial arrangement fails to meet their obligations, resulting in a loss. In crypto, counterparty risk exists when you trust a centralized entity with your funds, such as a centralized exchange, custodian, or lending platform. DeFi protocols aim to reduce counterparty risk by replacing trusted intermediaries with transparent smart contracts, though they introduce smart contract risk instead. The collapse of FTX in 2022 was a major counterparty risk event.

IDcounterparty-risk

Lectura rápida

Empieza por la explicación más corta y útil antes de profundizar.

The risk that the other party in a financial arrangement fails to meet their obligations, resulting in a loss. In crypto, counterparty risk exists when you trust a centralized entity with your funds, such as a centralized exchange, custodian, or lending platform. DeFi protocols aim to reduce counterparty risk by replacing trusted intermediaries with transparent smart contracts, though they introduce smart contract risk instead. The collapse of FTX in 2022 was a major counterparty risk event.

Modelo mental

Usa primero la analogía corta para razonar mejor sobre el término cuando aparezca en código, docs o prompts.

Piensa en esto como un bloque de construcción que conecta una definición aislada con el sistema mayor donde vive.

Contexto técnico

Ubica el término dentro de la capa de Solana en la que vive para razonar mejor sobre él.

Wallets, firmas, dApps y gestión de llaves.

Por qué le importa a un builder

Convierte el término de vocabulario en algo operacional para producto e ingeniería.

Este término desbloquea conceptos adyacentes rápido, así que funciona mejor cuando lo tratas como un punto de conexión y no como una definición aislada.

Handoff para IA

Handoff para IA

Usa este bloque compacto cuando quieras dar contexto sólido a un agente o asistente sin volcar toda la página.

Counterparty Risk (counterparty-risk)
Categoría: Web3
Definición: The risk that the other party in a financial arrangement fails to meet their obligations, resulting in a loss. In crypto, counterparty risk exists when you trust a centralized entity with your funds, such as a centralized exchange, custodian, or lending platform. DeFi protocols aim to reduce counterparty risk by replacing trusted intermediaries with transparent smart contracts, though they introduce smart contract risk instead. The collapse of FTX in 2022 was a major counterparty risk event.
Relacionados: CEX (Centralized Exchange), Auto-Custodia, Smart Contract Risk
Glossary Copilot

Haz preguntas de Solana con contexto aterrizado sin salir del glosario.

Usa contexto del glosario, relaciones entre términos, modelos mentales y builder paths para recibir respuestas estructuradas en vez de output genérico.

Abrir workspace completa del Copilot
Explicar este código

Opcional: pega código Anchor, Solana o Rust para que el Copilot mapee primitivas de vuelta al glosario.

Haz una pregunta aterrizada en el glosario

Haz una pregunta aterrizada en el glosario

El Copilot responderá usando el término actual, conceptos relacionados, modelos mentales y el grafo alrededor del glosario.

Grafo conceptual

Ve el término como parte de una red, no como una definición aislada.

Estas ramas muestran qué conceptos toca este término directamente y qué existe una capa más allá de ellos.

Rama

CEX (Centralized Exchange)

A traditional cryptocurrency exchange operated by a company that custodies user funds and matches orders on internal systems. Examples: Coinbase, Binance, Kraken. CEXs offer fiat on/off ramps, high liquidity, and familiar UX but require KYC and trust in the operator. Users deposit crypto and trade against the exchange's internal ledger, not directly on-chain.

Rama

Auto-Custodia

The practice of personally controlling your cryptographic private keys rather than entrusting them to a third party (exchange, custodian). Self-custody follows the principle 'not your keys, not your coins.' Hardware wallets and properly secured seed phrases enable self-custody. Risks include key loss (no recovery) and social engineering attacks.

Rama

Smart Contract Risk

The risk that bugs, logic errors, or exploitable vulnerabilities in on-chain program code could lead to loss of user funds. Smart contract risk is inherent to all DeFi participation because programs are immutable once deployed (unless upgradeable) and handle real value. Mitigations include professional security audits, formal verification, bug bounties, timelocks on upgrades, and starting with small amounts. Even audited programs can contain undiscovered vulnerabilities.

Siguientes conceptos para explorar

Mantén la cadena de aprendizaje en movimiento en lugar de parar en una sola definición.

Estos son los siguientes conceptos que vale la pena abrir si quieres que este término tenga más sentido dentro de un workflow real de Solana.

Web3

CEX (Centralized Exchange)

A traditional cryptocurrency exchange operated by a company that custodies user funds and matches orders on internal systems. Examples: Coinbase, Binance, Kraken. CEXs offer fiat on/off ramps, high liquidity, and familiar UX but require KYC and trust in the operator. Users deposit crypto and trade against the exchange's internal ledger, not directly on-chain.

Web3

Auto-Custodia

The practice of personally controlling your cryptographic private keys rather than entrusting them to a third party (exchange, custodian). Self-custody follows the principle 'not your keys, not your coins.' Hardware wallets and properly secured seed phrases enable self-custody. Risks include key loss (no recovery) and social engineering attacks.

Web3

Smart Contract Risk

The risk that bugs, logic errors, or exploitable vulnerabilities in on-chain program code could lead to loss of user funds. Smart contract risk is inherent to all DeFi participation because programs are immutable once deployed (unless upgradeable) and handle real value. Mitigations include professional security audits, formal verification, bug bounties, timelocks on upgrades, and starting with small amounts. Even audited programs can contain undiscovered vulnerabilities.

Web3

CT (Crypto Twitter)

Short for Crypto Twitter — the community of traders, developers, influencers, and enthusiasts on Twitter/X discussing crypto markets, protocol developments, and culture. CT has its own norms, prominent voices, and meta-narratives that can drive market sentiment and token prices. Being 'active on CT' often means participating in these discussions to stay informed and build reputation.

Comúnmente confundido con

Términos cercanos en vocabulario, acrónimo o vecindad conceptual.

Estas entradas son fáciles de mezclar cuando lees rápido, haces prompting a un LLM o estás entrando en una nueva capa de Solana.

Web3smart-contract-risk

Smart Contract Risk

The risk that bugs, logic errors, or exploitable vulnerabilities in on-chain program code could lead to loss of user funds. Smart contract risk is inherent to all DeFi participation because programs are immutable once deployed (unless upgradeable) and handle real value. Mitigations include professional security audits, formal verification, bug bounties, timelocks on upgrades, and starting with small amounts. Even audited programs can contain undiscovered vulnerabilities.

Términos relacionados

Sigue los conceptos que realmente le dan contexto a este término.

Las entradas del glosario se vuelven útiles cuando están conectadas. Estos enlaces son el camino más corto hacia ideas adyacentes.

Web3cex

CEX (Centralized Exchange)

A traditional cryptocurrency exchange operated by a company that custodies user funds and matches orders on internal systems. Examples: Coinbase, Binance, Kraken. CEXs offer fiat on/off ramps, high liquidity, and familiar UX but require KYC and trust in the operator. Users deposit crypto and trade against the exchange's internal ledger, not directly on-chain.

Web3self-custody

Auto-Custodia

The practice of personally controlling your cryptographic private keys rather than entrusting them to a third party (exchange, custodian). Self-custody follows the principle 'not your keys, not your coins.' Hardware wallets and properly secured seed phrases enable self-custody. Risks include key loss (no recovery) and social engineering attacks.

Web3smart-contract-risk

Smart Contract Risk

The risk that bugs, logic errors, or exploitable vulnerabilities in on-chain program code could lead to loss of user funds. Smart contract risk is inherent to all DeFi participation because programs are immutable once deployed (unless upgradeable) and handle real value. Mitigations include professional security audits, formal verification, bug bounties, timelocks on upgrades, and starting with small amounts. Even audited programs can contain undiscovered vulnerabilities.

Más en la categoría

Quédate en la misma capa y sigue construyendo contexto.

Estas entradas viven junto al término actual y ayudan a que la página se sienta parte de un grafo de conocimiento más amplio en lugar de un callejón sin salida.

Web3

Web3

The vision of a decentralized internet built on blockchain technology, where users own their data, identity, and digital assets. Web1 was read-only (static pages), Web2 is read-write (platforms like social media), Web3 is read-write-own (permissionless, user-sovereign). Web3 applications use wallets instead of logins and smart contracts instead of centralized servers.

Web3

dApp (Aplicación Descentralizada)

An application with its backend logic running on a blockchain as smart contracts rather than centralized servers. dApps typically have a traditional web frontend that interacts with on-chain programs via RPC. Users authenticate with wallets instead of username/password. Examples: Uniswap (Ethereum DEX), Jupiter (Solana DEX), Magic Eden (NFT marketplace).

Web3

Billetera

Software or hardware that manages cryptographic keys and enables users to sign transactions, view balances, and interact with dApps. Hot wallets (Phantom, Solflare, Backpack) are internet-connected for convenience. Cold wallets (Ledger, Trezor) store keys offline for security. Wallets don't actually 'hold' tokens—they hold the private keys that control on-chain accounts.

Web3

Frase Semilla (Mnemónico)

A 12 or 24-word human-readable backup of a wallet's master private key, generated using BIP-39 standard. The seed phrase can deterministically regenerate all derived keypairs (BIP-44 derivation paths). Losing the seed phrase means permanently losing access to all associated accounts. Never share, photograph, or store seed phrases digitally in plain text.