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.

Token

A token is a digitally represented unit of value, access, ownership, identity, governance, entitlement, or application state. It may be issued by…

Token Age

Token age is a measure of how long a token balance, coin, UTXO, or identified unit has remained unspent, unmoved, or held…

Token Allocation

Token allocation is the planned division of a token’s supply among founders, investors, employees, community programs, users, validators, treasury, liquidity, and other…

Token Allowance

Token Allowance is the amount a token owner authorizes another address or smart contract to spend on the owner’s behalf. In ERC-20…

Token Allowlist

Token Allowlist is a list or rule set identifying addresses, identities, jurisdictions, or account classes permitted to hold, receive, send, mint, redeem,…

Token Approval

Token approval is an authorization that lets another account, smart contract, marketplace, or application transfer or manage a defined amount of tokens…

Token Approval Request

Token Approval Request is an API identity or security mechanism that asks a wallet owner to authorize a smart contract or address…

Token Approval Revocation

Token Approval Revocation is the on-chain action of reducing or removing a smart contract or address’s permission to transfer a holder’s tokens…

Token Approval Scam

Token Approval Scam is a fraud scheme that tricks a wallet holder into signing an approval, permit, or authorization that lets an…

Token Assurance Level

Token assurance level is a classification indicating how strongly a token, credential, or payment-tokenization process is verified, protected, bound, or trusted for…

Token Balance Query

Token Balance Query is an RPC or contract query that obtains the token amount associated with a wallet, token account, contract, mint,…

Token Base Unit

Token Base Unit is the indivisible integer unit recorded by a token contract or ledger. User-facing token amounts are usually derived by…

Token Blacklist and Freeze Risk

Token Blacklist and Freeze Risk is the risk that centralized token controls can block addresses, prevent transfers, seize or redirect balances, or…

Token Blacklist Authority

Token Blacklist Authority is the account, role, multisignature, governance process, or administrative contract empowered to add or remove addresses from a token…

Token Blocklist

Token Blocklist is a set of addresses or accounts prohibited from performing specified token actions, commonly transfers, receipts, approvals, minting, or redemption.…

Token Burn

A token burn is an operation that permanently removes token units from recognized spendable supply under a contract or protocol’s rules. It…

Token Burn Cap

Token Burn Cap is a maximum amount of tokens that may be destroyed during a defined transaction, period, program, or over the…

Token Claim

A token claim is the process by which an eligible address receives an allocated token amount from an airdrop, vesting plan, reward…

Token Clawback Authority

Token Clawback Authority is the privileged power to forcibly move, cancel, redeem, or reassign tokens from a holder without the holder initiating…

Token Contract

A token contract is smart-contract code and state that define a token’s balances, supply, transfer, approvals, minting, burning, metadata, permissions, and administrative…

Token Contract Address

A token contract address is the blockchain address of the smart contract that defines and manages a particular token on a specific…

Token Contract Verification

Token Contract Verification is the process of confirming that a token’s contract address, deployed bytecode, source code, compiler settings, interfaces, metadata, and…

Token Daily Limit

Token Daily Limit is the maximum token amount or value an address, account, user, or system may transfer, receive, mint, redeem, or…

Token Decimals

Token Decimals is the metadata value indicating how many decimal places separate a token’s integer base units from one displayed whole token.…