Insights on Crypto Payments, Infrastructure, and Operations

Glossary terms starting with T

Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.

Transaction Policy

A transaction policy is a set of rules that determines whether a transaction may be created, approved, signed, broadcast, accepted, or settled…

Transaction Pool

A transaction pool is a node’s temporary collection of valid but not yet confirmed transactions waiting for possible block inclusion. It is…

Transaction Posting

Transaction posting is the act of recording, submitting, or making a transaction available to the relevant ledger or processing system. In blockchain…

Transaction Priority

Transaction priority is the relative preference a network, node, sequencer, builder, or application gives one transaction over others for processing or block…

Transaction Privacy

Transaction Privacy is a compliance or privacy requirement that limits disclosure of parties, amounts, balances, timing, purpose, relationships, or behavior associated with…

Transaction Processing

Transaction processing is the controlled handling of a payment or transfer from receipt through validation, authorization, routing, execution, recording, response, and later…

Transaction Processing Unit (TPU)

Solana's Transaction Processing Unit is the validator pipeline that receives, verifies, schedules, executes, and records transactions during block production. Clients can send…

Transaction Propagation

Transaction propagation is the peer-to-peer spread of a submitted transaction from its entry node toward validators, miners, sequencers, and other peers. Peers…

Transaction Query

A Transaction Query retrieves known information about a blockchain transaction using a hash, account, block, or provider-specific identifier. It may return pending…

Transaction Receipt

A transaction receipt is the post-execution record returned for a transaction included in a block on an Ethereum-style network. It typically reports…

Transaction Recipient

A transaction recipient is the account, script, contract, or program identified as the direct destination of a transaction or transfer. It may…

Transaction Reconciliation

Transaction reconciliation compares related records across business, payment, settlement, bank, blockchain, and accounting systems. It confirms that expected transactions are complete and…

Transaction Record

A transaction record is the structured, durable representation of a financial instruction and its lifecycle. It normally contains identifiers, parties, accounts or…

Transaction Relay

Transaction relay is the node behavior and policy for accepting, forwarding, replacing, and discarding unconfirmed transactions across a network. Policy is not…

Transaction Result

A transaction result is the protocol-reported outcome of transaction processing, including whether execution succeeded, failed, reverted, or produced specific return data, logs,…

Transaction Reversal Risk

Transaction reversal risk is the possibility that a previously accepted transfer is canceled, charged back, reorganized, disputed, or otherwise undone. A score…

Transaction Risk

Transaction risk is the possibility that a specific transaction causes financial, fraud, compliance, security, operational, legal, or customer harm. A score for…

Transaction Risk Analysis (TRA)

Transaction Risk Analysis (TRA) is a measurable uncertainty or exposure that evaluates a payment’s contextual fraud risk to support an approval, exemption,…

Transaction Risk Check

A transaction risk check evaluates defined signals and rules before or during processing to determine whether additional action is required. Decision-makers use…

Transaction Risk Score

A transaction risk score is a numeric or categorical estimate summarizing selected risk indicators for a specific transaction under a defined model.…

Transaction Risk Scoring

Transaction Risk Scoring is a measurable uncertainty or exposure that converts transaction and contextual signals into a standardized rating used to guide…

Transaction Sender

A transaction sender is the protocol-level account, key authority, or execution actor considered to have initiated a transaction. In simple account-based transfers…

Transaction Sequence

A transaction sequence is an ordering or control value associated with a transaction or input. Its meaning varies by protocol. It may…

Transaction Settlement

Transaction settlement is the completion of the funds or asset movement that discharges the financial obligation created by a transaction. It may…