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Encryption

The process of turning the plain-text into a data stream (cipher-text).

Equity Tokens

A token that represents an ownership interest in a company. Equity tokens work similar to traditional stocks and may include voting rights.

ERC20 Token Standard

Stands for Ethereum Request for Comment followed by the assignment number. A technical standard for smart contracts the majority of Ethereum tokens follow.

ERC223 Token Standard

A token standard with a focus on security that allows token transfers to act as ETH transactions, using event handling (transaction management) to prevent lost tokens. This standard is an improvement on the ERC20 critical bug.

ERC721 Token Standard

A non-fungible Ethereum token standard. Non-fungible meaning that the token standard is used to represent a unique digital asset that is not interchangeable.

Ether

The digital currency of the Ethereum network.

Ethereum

A platform for creating and running smart contracts. These are programmable applications that run exactly as promised – without downtime, censorship, or interference.

EVM (Ethereum Virtual Machine)

A turing complete virtual machine that allows anyone to execute arbitrary EVM Byte Code. Every Ethereum node runs on the EVM to maintain consensus across the blockchain.