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
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
Do Your Own Research (DYOR)
An advice for investors to do their own research on the coins they wanted to invest in
Gas
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
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