Token Standard

The most common token standard today is the Ethereum Request for Comment or ERC.What Is a Token Standard?In order to fully understand what a token standard actually is, you'll need to get some background knowledge on what exactly a smart contract…

Token Sale

A token sale refers to the initial offering of a cryptocurrency token to a private pool of investors before it officially goes on the market.What is a token sale?A token sale is the initial stage of token offering before the cryptocurrency becomes…

Token Issuance

Token issuance is the process of creating new tokens and adding them to the total token supply of a cryptocurrency.What is token issuance?Token issuance is one of the most important processes in the world of blockchain technology and cryptocurrencies.…

Token Generation Event

The time at which a token is issued.What Is a Token Generation Event?To understand what a Token Generation Event is, one needs to understand the basics of tokens and tokenization. A token is a digital unit designed with utility in mind, providing…

Token Economy

An economy of goods and services that can run without intermediaries and third parties with the help of the blockchain technology.What Is a Token Economy?Token economies refer to the economics of goods and services that have been tokenized.…

Token

A digital unit designed with utility in mind, providing access and use of a larger crypto economic system. What Is a Token?Tokens must not be mistaken with cryptocurrencies or altcoins. Tokens and altcoins are subsets of cryptocurrencies. Tokens…

Tipset

A tipset is a set, rather than a chain, of blocks that make up a blockchain. What Is a Tipset?A tipset is a term mostly used to describe the blockchain of decentralized storage system Filecoin. Filecoin’s consensus mechanism is built on tipsets,…

Timestamp

A form of identification for when a certain transaction occurred.What Is a Timestamp?Satoshi Nakamoto, the founder of Bitcoin, wrote in his whitepaper that timestamps aim to eradicate the threat of double counting. Timestamps are an integral…

Timelock/Locktime

A condition for a transaction to only be processed at a certain time or block on the blockchain.What Is a Timelock/Locktime?Timelock can be considered as a schedule by which cryptocurrency transactions are processed by miners on the blockchain. Based…

Ticker Symbol

The ticker symbol is the unique combination of letters assigned to stocks or cryptocurrencies that makes them distinguishable on exchanges and other trading applications.What is a ticker symbol?In essence, a ticker symbol is the short combination…

Ticker

An abbreviation used to uniquely identify cryptocurrencies. *see Symbol.What Is a Ticker?If you've ever watched a financial news channel, you will have undoubtedly seen the endless scroll of stocks and commodities rolling past at dizzying speed…

Throughput

Throughput is how many actions can be completed in a given time frame.What Is Throughput?Throughput is a measure of how many actions are completed within a given time frame. In the blockchain space, transaction throughput refers to a rate of…