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Internet of Things (IoT)

By Cryptomcmillan1 | Updated on Aug 12, 2021
It is a system that lets any devices that are connected to internet to comunicate with each other without human-to-human or human-to-devices interactions. For example, an airconditioner than can be switch on and off via smartphone, or the motion sensor that would swich on the light in your office.

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Related Terms

Pre-sale
A typically exclusive token sale event preceding a public ICO
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.
Difficulty
A relative measure on how difficult it is to correctly guess a new block
Gwei
The monetary domination of gas, involving Ether
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