Off-chain transactions that take place may later be reported or bundled together before being sent to the main chain.
Altcoin
Altcoin is the term given to describe alternative digital assets, such as a coin or token that is not Bitcoin. This nomenclature comes from the idea that Bitcoin is the original cryptocurrency and that all others are then considered “alternate” or “alternative” coins.
Absolute Advantage
An economic theory in which one party produces or provides a particular good or service more efficiently than another party.
Utility Token
Tokens that are designed specifically to be able to help people use something.
