STO
By Cryptomcmillan1 | Updated on May 24, 2020
Security Token Offering (STO) refers to a public offering for tokenized digital securities, or in short security tokens traded in cryptocurrency exchanges. STOs are classified as securities by the juridstiction which they are issued in, and as such as more regulated compared to its counterpart, Initial Coin Offering (ICO) which were subject to various fraudulent schemes.
Related Terms
Stop-loss Order
Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
Cold Storage
Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)
Byzantine Fault
A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction.
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