Glossary
Tangle
IOTA’s DAG based alternative to the blockchain data structure, aimed predominantly at the IoT sector. It provides high throughput and instantaneous, fee-less transactions. Each network participant also functions as a node in the Tangle network, with all users confirming transactions in order to send transactions themselves.
TestNet
"TestNet" is an alternative blockchain running separate to the main chain used for developers to prototype software and updates to ensure stability before launch.
Token
A "Token" is type of cryptocurrency issued on a blockchain.
Tanking
"Tanking" is a term used in traditional financial markets to refer to a strong downwards trend in the price history of a certain asset.
Ticker
"Ticker" is a combination of letters used to represent a cryptocurrency on trading platforms. (Example: BTC, ETH, USDT etc.)
Token Lockup
"Token Lockup" is a pre-planned lock-up or vesting period where tokens or coins are not allowed to be traded or liquidated. Usually set following a token sale to avoid liquidity problems.
Token Sale
"Token Sale" is selling tokens in return for cryptocurrencies
Same as Initial Coin Offering.
The Onion Router (TOR)
"The Onion Router" is an anonymous communications network that encrypts data with multiple layers of security as it passes through nodes, bouncing traffic randomly through relays so that only the entry and exit relays view the full message.
Total Supply
"Total Supply" shows the number of assets that currently are in circulation or locked.
Transaction Per Second (TPS)
“Transaction per Second” shows the number of transactions a blockchain is able to issue per second.
Transaction ID (TXID)
"Transaction ID" also known as "(TXID)" is a set of unique characters to each verified transaction on the blockchain.
Turing Complete
A system that can be used to solve any possible computational problem.
Total Value Locked (TVL)
"Total Value Locked" also known as TVL refers to the total value of crypto assets locked in protocols. For example, Aave has over $20 billion in TVL.
UXTO
"Unspent Transaction Output" refers to the technical term for the amount digital currencies that remain after a cryptocurrency transaction.