Token
(noun): A digital representation of value or ownership in a system.
Example: “I received a token for completing the online survey.”
Tokenomics
(noun): The study of the economic aspects of cryptocurrencies or digital tokens.
Example: “Tokenomics examines how the supply and demand of a token affect its value.”
Transaction
(noun): An exchange or transfer of goods, services, or assets between two parties.
Example: “I made a transaction to purchase a new smartphone online.”
Transparency
(noun): The quality of being open, clear, and easily understood.
Example: “The company’s financial records were made public to ensure transparency.”
Timestamp
(noun): A record of the date and time when an event or action occurred.
Example: “The timestamp on the email indicated that it was sent at 3:45 PM.”
Tokenization
(noun): The process of converting real-world assets or rights into digital tokens.
Example: “The artwork was tokenized, allowing people to own a fraction of it.”
Traceability
(noun): The ability to track and verify the origin, history, and movement of something.
Example: “The blockchain technology ensures the traceability of the supply chain.”
Trustless
(adjective): A system or network that operates without the need for trust among participants.
Example: “Blockchain technology enables trustless peer-to-peer transactions.”
Testnet
(noun): A version of a blockchain network used for testing and development purposes.
Example: “Developers can experiment with their smart contracts on the testnet before deploying them on the mainnet.”
