Turing-Complete
By CoinGecko | Updated on Mar 03, 2020
In the context of the crypto industry, a Turing complete netowork refers to one where smart contracts can be programmed on the blockchain.
Related Terms
ASIC Resistant
A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Transaction Fee
A payment to the network for performing a transaction to be recorded on the blockchain.
Do Your Own Research (DYOR)
An advice for investors to do their own research on the coins they wanted to invest in
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