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Glossary-T
Glossary-T
Glossary-Term

Testnet

An alternative blockchain network that runs similar software, but is not meant for general use by the majority of the users. It is used to test new code and doesn’t transact any real money or value. Allows developers to experiment and learn.

Glossary-Term

Threshold Ring Signatures

Unlike standard “t-out-of-n” threshold signature, where t of n users should collaborate to decrypt a message, this variant of a ring signature requires t users to cooperate in the signing protocol. Namely, t parties (i1, i2, …, it) can compute a (t, n)-ring signature, σ, on a message, m, on input (m, Si1, Si2, …, Sit, P1, …, Pn).

Glossary-Term

Token

Refers to a unit of value on a blockchain system.

Glossary-Term

Tokenless Ledger

Refers to a distributed blockchain system that doesn’t require a native digital currency (or unit of value) to function and to pay for transactions.

Glossary-Term

Traceable Ring Signature

In addition to the previous scheme, the public key of the signer is revealed (if they issue more than one signatures under the same private key). An e-voting system can be implemented using this protocol.

Glossary-Term

Transaction Fee

Payment made to the volunteers who process transactions on a blockchain (miners).

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TransactionBody

The part of the transaction that includes the informations relative to the transaction (excluding metadata in the header and signatures in the footer).

Glossary-Term

Trustless

Blockchains are trustless because no participant needs to trust any other participant for transactions to work out. Trust comes from the system itself, which is impartial.

Glossary-Term

Turing Complete

Refers to the ability of smart contracts or scripts on a Blockchain to perform calculations and enforce complex rules that most general-purpose programmable computers are currently capable of. This means that the programming language should support (or emulate) features such a conditional branching and storing-data-in-memory in order to satisfy Turing’s concept of a complete machine. In the past, not all computers, even those that are programmable (e.g., Casio calculator) are Turing complete. Not all Blockchains have virtual machines that are Turing complete, even if they do support some form of scripting or smart contracts.