If you have been looking for one place to look up every cryptocurrency glossary term that interests you, then you have found the right place. We pride ourselves on having one of the most complete glossaries of cryptocurrency terms that you will find anywhere, and we are constantly updating it. If you think we have made any errors, or have new terms to suggest, then let us know in the comments at the end of this page
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Target Hash
Target Hash is a hash value that determines the success of consensus algorithm tests. Its value indicates the difficulty of finding a successful hash solution. A test with a large value of Target Hash is easier to pass than a smaller Target hash. The blockchain network can update the Target Hash to control the speed of mining work, and therefore the rate at which new currency is created.
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Token
A Token (as opposed to a Coin) is a cryptocurrency used for a very specific purpose: to trade specific "things" via smart contract. It is not a general-purpose payment instrument. A Token is built on a pre-existing blockchain, it doesn't create its own unique blockchain. See also: How a Coin is different from a Token. -
Tor
Tor means "The Onion Router". It is free, open-source anti-surveillance software. This software makes it difficult for hackers and governments to track anyone's internet usage. Although standard https website encryption hides the contents of messages, it does not hide the source or destination. Tor throws off trackers by creating multiple layers of hidden message routing information. The word "onion" represents these various layers. Tor can be used to protect your privacy, such as when you are buying and selling cryptocurrency. You would typically need to install a unique tor-enabled browser and/or messenger to use this software.
If you think we have made any errors, or have new terms to suggest, then let us know in the comments below.