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App
Use end-to-end encryption or publish public files to Arweave.
API
Plug Akord vaults into existing products and workflows.
Explorer
Find, discover and follow Akord vaults with our Permaweb dApp.
NFT Projects & Creators
Avoid disaster by storing your assets permanently on-chain.
Archiving & Preservation
Secure large amounts of data for the next 200 years (at least).
Business Impact
Protect business and customer data with E2E encryption and blockchain.
Web3 glossary
Term
Definition
Testnet

Prior to a mainnet launch or upgrade, testnets are used as an experimental run to see whether the protocol is ready. Testnet coins are separate from actual tokens that have value.

Tether (USDT)

Tether, or USDT, is currently the most widely adopted stablecoin that is pegged to the US Dollar.

Tokenomics

Tokenomics, also known as tokenomics, refers to the economic features of a project that impacts its value. These include its supply, inflation, utility and vesting schedules.

TPS (Transactions Per Second)

TPS is an acronym for Transactions Per Second.TPS is an important indicator for the scalability of a blockchain. The higher the TPS, the more activity a blockchain will be able to handle without compromising on its security and therefore, scale.

Trait

In a large NFT collection, NFTs are considered unique due to the traits that they have. Traits such as background, clothes, eyes, accessories vary in rareness and have the greatest influence in determining its value. 

Would you rather have multiple NFTs with common traits or one really rare one?

Transaction

Transaction refers to the data written to a blockchain. Once enough nodes have verified a transaction, it can then be added to a block.

Trustless

Trustless is used to refer to decentralized blockchains as there is no need to rely on an entity in order to utilize the network. Instead, this trust is achieved through smart contracts.

TVL (Total Value Locked)

The Total Value Locked (TVL) refers to the total value of assets locked in a DeFi protocol.