Turbine
A turbine is a mechanical device that extracts energy from a fluid flow and converts it into useful work. This technology is pivotal in generating electricity from various energy sources, including wind, water, steam, and gas. Recent data shows that the global turbine market was valued at approximately $191 billion in 2020 and is projected...
Turing Completeness
Turing Completeness is a term used in computational theory to describe systems capable of performing any computation that can be described via algorithm. Essentially, a Turing Complete system can solve any problem that a Turing machine can, given enough time and resources. Understanding Turing Completeness The concept of Turing Completeness was first introduced by British...
Tuur Demeester
Tuur Demeester is a renowned economist and investor, primarily known for his expertise in cryptocurrency and blockchain-related subjects. Noted for his early interest in Bitcoin, the Belgian-born thinker represents a leading voice in the realm of digital assets. Background and History Tuur Demeester began his foray into Bitcoin in 2012, a time when the digital...
TVL
Total Value Locked (TVL) is a metric used in the decentralized finance (DeFi) sector that represents the total amount of assets currently being staked, lent, or deposited across various DeFi protocols. It is a key indicator of the overall health and growth of the DeFi ecosystem. As of the latest data, the TVL in DeFi...
TVL Crypto
TVL, or Total Value Locked, refers to the total amount of assets currently being staked, deposited, or locked in a blockchain protocol. This metric is crucial in understanding the scale and security of various decentralized finance (DeFi) platforms. As of the latest data, the TVL in crypto assets has seen significant fluctuations, influenced by market...
TVL (Total Value Locked)
Total Value Locked (TVL) is a metric used in the decentralized finance (DeFi) sector to represent the aggregate value of all assets deposited in various DeFi protocols. It is a crucial indicator of the overall health and growth of the DeFi ecosystem, reflecting both user trust and the financial scale of the sector. Understanding TVL...
TXID
A Transaction Identifier, or TXID, is a unique string of characters that serves as a reference number for individual transactions on a blockchain network. This identifier allows users and systems to track and verify transactions efficiently. Recent data from blockchain analytics platforms shows that the daily number of transactions across major networks like Bitcoin and...
Uncle Block
An "Uncle Block" is a term used in blockchain technology, specifically in Ethereum, to refer to a block that is a valid candidate for inclusion in the blockchain but does not become part of the main chain. Instead, it is referenced by subsequent blocks and rewards its miners with a smaller reward compared to the...
Underlying Asset
An underlying asset is a financial term referring to the specific security or asset upon which derivative instruments, such as futures, options, or swaps, are based. These assets can include stocks, bonds, commodities, currencies, interest rates, or market indexes. For example, in a stock option contract, the underlying asset would be the shares of the...
Uniswap
Uniswap is a decentralized finance protocol used for exchanging cryptocurrencies without the need for a central exchange. It operates on the Ethereum blockchain, utilizing a model called an automated liquidity protocol, which facilitates automatic trading of digital assets and ensures liquidity is maintained. Overview of Uniswap Uniswap was launched in November 2018 by Hayden Adams,...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!