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
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Proof-of-Burn (PoB)
A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.
Zero Confirmation Transaction
Another name for "unconfirmed transaction"
Derivatives Market
A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.