Posts

Unconfirmed

A state in which a transaction has not been appended to the blockchain.What Is Unconfirmed?A state in which a transaction has not been appended to the blockchain.

Unbanked

Unbanked refers to those that are either unable to access banking services, or choose not to.What Does Unbanked Mean?Unbanked refers to individuals who remain unable to access basic banking products and services, most of them coming from marginalized…

Typosquatting

Typosquatting is a deceptive practice used by scammers to trick people into entering a counterfeit website and compromising their private information.What Is Typosquatting?Typosquatting is a malicious activity designed to trick those who incorrectly…

Two-Factor Authentication (2FA)

Two-factor authentication (2FA) is method of access that requires two different forms of authentication.What Is Two-Factor Authentication (2FA)?Two-factor authentication (2FA) is a method through which you can establish access to an online account…

Turing-Complete

A system that in principle could be able to solve any computation problem.What Is Turing-Complete?In order to be called Turing complete, a system has to be able to do what a Turing machine — a theoretical machine developed by mathematician…

Tumbler

A mixing service that helps make cryptocurrency funds and transactions more anonymous.What Is a Tumbler?Tumblers are responsible for breaking down transactions into smaller parts — and mixing them with others.This makes transactions harder…

Trustless

An environment where there is no centralized authority.What Is Trustlessness?A trustless system requires no parties to know one another or trust one another. The concept of trustlessness is considered the bedrock of cryptocurrencies.It was…

Trust

A trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, tWhat Is a Trust?A trust is a fiduciary relationship…

Trojan

A trojan is a type of malware that is often disguised as legitimate software. What Is a Trojan?A trojan is a type of malware that is often disguised as legitimate software. The trojan can be employed by cyber-criminals and hackers that are trying…

Treasury Bills (T-Bills)

Treasury bills (T-Bills) are short-term U.S. government debt obligations.What Are Treasury Bills (T-Bills)?Treasury bills (T-Bills) are essentially short-term U.S. government debt obligations that are backed by the Treasury Department with a…

Transaction (TX)

The act of exchanging cryptocurrencies on a blockchain.What Is a Transaction (TX)?Every transaction is recorded on the distributed ledger technology. Cryptography is the name of the process by which transaction data and the ledger are encrypted. Crypto…

Transaction Fee

A payment for using the blockchain to transact.What Is a Transaction Fee?A transaction fee is paid when a certain amount of cryptocurrency is transferred from one wallet to another. Transaction fees are flexible in nature and can vary based…