State Channel
By CoinGecko | Updated on Mar 03, 2020
A second-layer solution to allow payments to be performed off-chain.
Related Terms
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
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.
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Crowdsale
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.
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