Cryptocurrency Glossary Of Terms & Acronyms

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Tangle

The name for IOTA's Directed acylic graph (DAG) based transaction settlement layer.

Testnet

Shorthand for "Test Network", testnets are staging areas for experimenting new blockchain features.

Ticker

A ticker is a stock or asset symbol that abbreviates the asset name and it can be used as an identifier of the asset.

Token

Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.

Token Burn

An event in which tokens are verifiably removed permanently removed from circulation.

Token Generation Event (TGE)

An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.

Total Supply

All the tokens and coins that will exist in a cryptocurrency network.

Total Value Locked

Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.

Trading Volume

The amount of the cryptocurrency that has been traded in the last 24 hours.

Transaction Fee

A payment to the network for performing a transaction to be recorded on the blockchain.

Transactions Per Second (TPS)

It is number of transactions done per second. For example, there are 10 transactions of Bitcoin done in 1-minute. The TPS would be 10 transactions/60 seconds = ~0.17 TPS.

Trustless

Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.

Turing-Complete

A "turing complete" code or blockchain refers to the ability to read program-written codes.