Post
Topic
Board Altcoin Discussion
LIST: How to define ICO terminology
by
Kristen_Colwell
on 27/01/2018, 16:42:31 UTC
Hi all,

I'm working on this list of ICO definitions. This is a LIVING LIST, and I'm seeking input so that I can create a public glossary of sorts. Share your thoughts! I'll constantly update the definitions on this list based on new information. See the end of the list for sources...there will be many in addition to the feedback I get here.

This ICO DEFINITION LIST works in tandem with this HOW TO EVALUATE ICO OPPORTUNITIES list.

First, I am gathering a list of terms to be defined. Let me know what you'd like to add:

  • DApp: Abbreviated form of decentralized application. A DApp has its backend code running on a decentralized peer-to-peer network.
  • Token: Representation of a particular asset or utility, that usually resides on top of another blockchain.
  • Altcoin: Abbreviated form of alternative cryptocurrency coins. Coins that are an alternative to Bitcoin. Each altcoin possesses its own independent blockchain, where transactions relating to the native coins occur.
  • Utility Token:
  • Security Token:
  • Usage/Work Token:
  • Use Case:
  • Testnet:
  • MVP:
  • Hard Cap:
  • Soft Cap:
  • ROI:
  • Marketcap:
  • Freeze:
  • Vesting:
  • Staking:
  • Masternodes:
  • Mining:
  • Proof of Work:
  • Proof of Stake:
  • Hashing:
  • Gas:
  • gwei:

Thanks in advance for your collaboration!


Sources:
1. Stack Exchange: https://ethereum.stackexchange.com/questions/383/what-is-a-dapp
2. "Coins, Tokens & Altcoins: What’s the Difference?" by Master the Crypto: https://masterthecrypto.com/differences-between-cryptocurrency-coins-and-tokens/