Whitelist meaning refers to a list of allowed and identified individuals, institutions, computer programs, or even cryptocurrency addresses. Typically, whitelists are associated with a particular service, event, or piece of information. As such, whitelists can present distinct meanings depending on the context they are used.
For example, when users sign for the mailing list of a company, they are often asked to add the company’s email to their whitelist. By doing so, the messages don’t go directly into the user’s spam email. In some cases, companies may also pay money to be whitelisted by Internet service providers, so that their emails don’t get automatically marked as spam. So by whitelisting an email address, users can be assured that future emails will reach their inbox.
Whitelists can also be used in the context of network security. For instance, local area networks (LAN) can be set up to only allow a list of trusted addresses to join. Additionally, wireless internet routers can use whitelists to allow specific users to connect to them.
In the crypto space, whitelists are either related to ICO events or to withdrawal addresses. In ICO events, crypto projects may offer a whitelisting phase for investors willing to participate in public sale of their tokens. Whitelisting in terms of withdrawal addresses refers to a list of cryptocurrency addresses that users define as trustworthy. Thus, they are only able to withdraw funds from their exchange account to the addresses that they have whitelisted.
In conclusion, whitelist meaning crypto refers to a list of allowed cryptocurrency addresses that are trusted.
