Turing-Complete
By CoinGecko | Updated on Mar 03, 2020
In the context of the crypto industry, a Turing complete netowork refers to one where smart contracts can be programmed on the blockchain.
Related Terms
Derivatives
A financial instrument which derives its value from the performance of an underlying asset or index (eg. gold, crude oil)
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
InterPlanetary File System (IPFS)
The InterPlanetary File System (IPFS) is a peer-to-peer network and distributed file system protocol for storing and transferring data.
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
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