Glossary

Blockchain

It is a form of distributed database (or ledger) that acts as a record of all the valid transactions which are transmitted to the blockchain network.

An on-chain document representing the contract between token issuer and user.

Mint a token from an on-chain contract transaction.

The most common locking script used by default to send bitcoin.

Destroy the token and return the locked Satoshis to the issuer.

The smallest indivisible unit of a bitcoin. 1E8 Satoshis = 1 bitcoin.

Low level bitcoin script.

Software Developer Kit is a software library to make certain tasks easier for a software developer.

A token script named after its creator Stas. Also a reverse acronym: Substantiated Tokens from Actualized Satoshis.

It is a type of digital property or control element that can be transferred using a blockchain.

An Unspent Transaction Output is an amount of bitcoin that can be spent by the recipient.

Last updated 2 years ago