IEO
By Cryptomcmillan1 | Updated on May 24, 2020
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves. IEOs were popular amongst coin teams as it offered a way for teams to be listed on exchanges upon launch, and was also perceived to be more secure for investors as it is already listed and tradeable.
Related Terms
Proof of Stake (PoS)
A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.
Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
Algorithm
Algorithm is a set of rules to follow to solve a problem or conduct a task.
Distributed Denial of Service (DDoS) Attack
A common cyber-attack tactic where a perpetrator diverts large amounts of traffic towards a particular network or service in an effort to disrupt normal services.
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