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
ERC-20
ERC-20 is one of the most widely used token standards in Ethereum to create fungible, exchangeable tokens.
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)
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
Bearish
A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.
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