Glossary Terms Starting with T

Test Mode

Test Mode is an application or provider configuration in which operations use non-production credentials, endpoints, data, and controls. It allows teams to…

Test Wallet

A test wallet is a cryptocurrency wallet created for sandbox, testnet, development, demonstration, or quality-assurance activity rather than production funds. Test Wallet…

Testnet

A testnet is a separate blockchain network used to test wallets, contracts, protocol upgrades, and integrations without putting mainnet assets at risk.…

Testnet Payment

A testnet payment is a payment-like blockchain transfer performed on a testing network using assets that are not intended to hold real…

Tether (USDT)

USDT is Tether’s U.S. dollar-denominated stablecoin, issued on multiple supported blockchain protocols and backed under Tether’s reserve and redemption framework. Tether mints…

The Open Network (TON)

The Open Network is a sharded proof-of-stake blockchain designed for scalable smart contracts, message-based applications, and digital payments. Accounts have state and…

Third-Party Custody

Third-party custody is an arrangement in which an external provider safeguards assets or signing authority on behalf of the asset owner. Operations…

Third-Party Risk

Third-party risk is exposure created by external organizations, services, people, systems, or subcontractors that support an organization’s activities. Decision-makers use Third-Party Risk…

Three-Way Reconciliation

Three-way reconciliation compares three independent but related data sets to confirm that a financial process is complete and accurate. In payments, common…

Threshold Account

A threshold account is an account that requires authorization from a minimum number or weight of approved participants before an action is…

Threshold Signature

A threshold signature is a digital signature created jointly by at least a required number of participants who each hold a share…

Threshold Signature Wallet

A threshold signature wallet distributes signing authority among participants so a required subset can produce one valid cryptographic signature. The Threshold Signature…

Threshold Signing

Threshold signing is a cryptographic process in which a minimum number of distributed participants cooperate to create a valid signature. Secure use…

Threshold-Signed Transaction

A threshold-signed transaction is authorized only after a required number of participants collectively produce a valid signature under a threshold cryptography scheme.…

Throughput

Throughput is the rate at which a blockchain system processes transactions or other units of useful work over time. It is often…

Ticket NFT

Ticket NFT is an NFT used as evidence of a right to attend, enter, reserve, claim, or participate in an event or…

Ticketing Crypto Payment

A ticketing crypto payment is a cryptocurrency payment used to purchase or reserve access to an event, journey, attraction, or admission-controlled service.…

Tiered Billing

Tiered Billing is a billing model that applies different prices or charges at defined quantity, usage, or value thresholds. In billing and…

Time Oracle

A time oracle supplies a protocol or smart contract with an agreed time value when native block timing is insufficient. Blockchains already…

Time to Finality

Time to finality is the elapsed time between a transaction or block reaching a defined starting point and becoming final under the…

Time to Payment

Time to payment is the elapsed time between a defined starting event, such as invoice issuance or order confirmation, and a defined…

Time-Based Payment Matching

Time-based payment matching is a method that uses transaction timing as one signal for assigning an observed blockchain transfer to an invoice,…

Timing Attack

Timing Attack is a side-channel attack that uses measurable differences in operation duration to infer secrets, valid inputs, internal branches, account existence,…

Tip Payment Link

A tip payment link is a shareable URL that lets a customer, follower, viewer, or guest send a voluntary cryptocurrency payment. It…