The most comprehensive crypto glossary for Advanced level
The most comprehensive crypto glossary out there.
ToolChain
A set of software programming tools designed to simplify complex development tasks, or to help create specific types of software programs and applications. This is a general term and should not be confused with VeChain's ToolChain, which is a Blockchain-as-a-Service (BaaS) offering tailored for enterprise use.
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Level: Advanced
Traditional asset tokens (TATs)
Digital claims to a physical asset and backed by that asset. Gold, crude oil, real estate, stocks, soybeans, or any other real physical asset can be tokenized and become an asset-backed token.
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Level: Advanced
Tranche
An asset or security that can be divided into smaller parts and subsequently sold to investors. The term is often used to describe a particular class of bonds, where each tranche is associated with a different degree of risk.
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Level: Advanced
Transaction cost analysis (TCA)
A process of examining trade prices to determine whether past trades were arranged at favorable prices. TCA is based on the difference between the value of the transaction at the time the manager decides to complete it and the actual value.
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Level: Advanced
Transaction input (TxIn)
A part of a transaction that specifies where to find the source of the currency being sent.
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Level: Advanced
Transaction malleability
A process of changing the unique identifier of a transaction by first changing the digital signature used to create it.
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Level: Advanced
Transaction output (TxOut)
Data that contains instructions for sending bitcoins, like the amount and destination wallet address.
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Level: Advanced
Transaction pool
A list of all transactions that have been propagated through a network but not yet included in a block. A transaction pool or mempool contains transactions that have not been mined but have been validated by a transaction processor (or miner).
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Level: Advanced
Triangle (technical formation)
A continuation pattern on a chart that forms a triangular shape. Connecting the start of the upper trendline to the start of the lower trendline completes the two corners. An upper trendline is formed by connecting highs, and a lower trendline is formed by connecting lows.
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Level: Advanced
Two-Way Peg (2WP)
A mechanism that allows transferring BTC from the Bitcoin chain to the secondary blockchain and vice versa. In fact, bitcoins are not transferred but are temporarily locked on the Bitcoin blockchain, while the same number of equivalent tokens are unlocked on the secondary blockchain.
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Level: Advanced
Uncle block
A block on the Ethereum network that is discarded because two blocks were mined almost simultaneously and only one can be verified and become part of the ledger. Ethereum's uncle block is similar to Bitcoin's orphan block. However, miners who generate uncle blocks in Ethereum are rewarded, while miners who mine orphan blocks are not.
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Level: Advanced
Underwriting
The process by which an individual or legal entity assumes the risk associated with a venture for a fee. Underwriters work in the banking, insurance, and stock markets.
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Level: Advanced
Unit of account
A monetary unit of measure of value (such as a coin) in which accounts are maintained and value is stated. Allows you to measure and compare the value of different things.
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Level: Advanced
Unspendable address
A crypto wallet used for proof of burn consensus. When coins are sent to unspendable addresses, they are not really destroyed or burned but fall into a black hole and can no longer be spent or accessed.
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Level: Advanced
Unspent transaction output (UTXO)
An amount of cryptocurrency that remains after a transaction is executed. A generated result is referenced in a future transaction to spend the funds. The desired payment amount is assigned to the recipient's address, and the unspent tokens are returned to the owner's address.
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Level: Advanced