STO
By Cryptomcmillan1 | Updated on May 24, 2020
Security Token Offering (STO) refers to a public offering for tokenized digital securities, or in short security tokens traded in cryptocurrency exchanges. STOs are classified as securities by the juridstiction which they are issued in, and as such as more regulated compared to its counterpart, Initial Coin Offering (ICO) which were subject to various fraudulent schemes.
Related Terms
Application-Specific Integrated Circuit (ASIC)
Refers to specialized computers that are made to do a very specific task (eg. calculate hashes for Bitcoin's Proof-of-Work)
Shitcoin
A coin with no obvious potential value or usage.
Cryptocurrency Act of 2020
The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets.
zkOracle
A zkOracle is an advanced concept in blockchain technology that combines the properties of oracles with the principles of zero-knowledge proofs.
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