Crypto Abecedarium
T
Token: A unit of value issued by a project or organization on a blockchain. It often represents an asset, utility, or a stake in the project.
Transaction: The act of transferring cryptocurrency from one address to another on a blockchain.
Trustless: Refers to systems, particularly blockchain, where parties can interact without needing to trust each other. Trust is established through cryptographic algorithms and consensus mechanisms.
Tokenomics: The economic model and system design of a cryptocurrency or token, including factors like distribution, supply, and utility.
Trader: Someone who engages in buying and selling cryptocurrencies to profit from market fluctuations.
Technical Analysis (TA): A method used to evaluate and predict future price movements based on historical price data and trading volume.
Two-Factor Authentication (2FA): A security measure requiring users to provide two different authentication factors (typically a password and a unique code sent to a mobile device) to access their accounts.
Total Supply: The maximum number of coins or tokens that will ever be created for a particular cryptocurrency.
Tokenization: Many DeFi platforms involve the tokenization of assets, turning physical or digital assets into tradable tokens on the blockchain.
"TradFi": is a term used to refer to Traditional Finance, which encompasses the established and conventional financial systems and institutions that have been in place for many years. TradFi stands in contrast to DeFi (Decentralized Finance), which represents the emerging category of financial services built on blockchain and decentralized technologies.