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of the most commonly used programming languages for web development. TypeScript is <strong>easy to learn</strong> and follows a straightforward structure, making it a convenient option for app developers.</p>\n<p>TypeScript is a multi-paradigm language, meaning that it supports several different paradigms, such as functional, <strong>generic</strong>, and imperative. It allows for object-oriented programming (OOP) and provides support for features such as ​​classes, inheritance, and interfaces.</p>\n<p>Since TypeScript was developed to function as a more advanced version of JavaScript, it can be used to work on large-scale applications. Programmers can use TypeScript as JavaScript&rsquo;s transpiler. Furthermore, TypeScript shares syntactic similarities with JScript .NET.</p>\n<p>TypeScript is easier to master for those programmers who already have a good understanding of JavaScript. However, JavaScript itself is considered to be an easy programming language to learn which reduces the learning curve of switching between the two.</p>\n<p>JavaScript is used to develop numerous web-based applications. Front-end developers may use CSS and HTML alongside JavaScript to create the user interface of web programs. Compared to JavaScript and TypeScript, HTML is a relatively difficult programming language to learn.</p>\n<p>One of the biggest improvements of TypeScript over JavaScript is the improved development time, particularly for large-scale projects. TypeScript helps <strong>increase productivity</strong> and can handle a larger workload. Before it can be used for a particular app, the TypeScript code is compiled into JavaScript.</p>\n<p>JavaScript is a relatively old programming language, having been developed in 1995. While it&rsquo;s quite universally applicable it lacks some functionalities. TypeScript was developed to fill in these gaps and <strong>offers functions such as variables declaration and a functional paradigm</strong>.</p>\n<p>JavaScript conforms to the ECMAScript standard and offers dynamic typing, first-class functions, and prototype-based object orientation. It relies heavily on structured programming terminology that originated in C, including switch statements and if statements. However, TypeScript also offers static typing support.</p>\n<p>TypeScript was developed and maintained by Microsoft which provides the language with a number of high-quality frameworks. The editors allow programmers to catch any errors during the compilation process. This helps avoid any possible code issues during runtime.</p>\n<p>Some of the TypeScript frameworks were built on the tools used by JavaScript developers. Over the years, there have been countless JavaScript frameworks established, including Angular, ReactJS, and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-node-js/">Node.js.

/n

Although TypeScript is considerably younger than JavaScript, only entering its second decade of existence, it has gathered a sizable online community. Those interested in learning TypeScript can find online tutorials and guides that build the foundation of the language.</p>","level":"medium","meta_title":"What is TypeScript Programming Language? Definition & Meaning | Crypto Wiki","meta_description":"TypeScript Programming Language meaning: TypeScript Programming Language - a programming language that builds on JavaScript.","meta_keywords":null,"language":"en","created_at":"2022-04-20T10:26:44.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-typescript-programming-language"},"prevSection":{"id":935,"original_id":null,"author_id":43,"translator_id":null,"title":"What is Type Checking?","slug":"what-is-type-checking","section":"T","keyword":"Type Checking","status":"published","definition":"is a verification process in programming languages.","content":"<p><strong>Type Checking</strong> is a process that <strong>establishes whether a program operation is compliant with the type declaration rules of the programming language</strong>.&nbsp;</p>\n<p>In most cases, type checking is done by a compiler. This compiler is able to check and verify whether all operations hold the pre-defined number of arguments and data types.</p>\n<p>Type checking is categorized into two systems: static and dynamic.</p>\n<p><strong>Static Type Checking</strong></p>\n<p>Static type checking offers reliability, security, and saving time since it removes the need to run your program when type checking.</p>\n<p>The main advantage of this category includes preliminary error detection. This means that you don&rsquo;t have to run your program in order to detect said errors. Everything is done beforehand.</p>\n<p><strong>A compiler starts the type checking process which is done at compile time</strong>.&nbsp;</p>\n<p>Let&rsquo;s take the C programming language as an example. In this case, you can run your program without declaring the variables within it. However, since you don&rsquo;t have to declare the variables, the compiler won&rsquo;t be able to complete its process and will display an error message. In turn, your program will remain static.</p>\n<p><strong>Dynamic Type Checking</strong></p>\n<p>Dynamic type checking only <strong>starts at either runtime or execution time</strong>. Therefore, it&rsquo;s different from the static type checking which occurs at compile time.&nbsp;</p>\n<p>You can write programs without having to worry about having any crucial knowledge about types.</p>\n<p>Let's have a look at <strong>one of the forms of type checking process:</strong></p>\n<ul>\n<li>Each variable, parameter, and function is assigned a data type;</li>\n<li>Data types determine what kind of operations can be executed;</li>\n<li>Type checking whether the operations are correct.</li>\n</ul>\n<p>Unlike the static type checking, where type checking is always performed by the compiler, the <strong>dynamic type checking process varies by the programming language</strong>. For instance, PHP programming language doesn&rsquo;t require a compiler while C programming language does.</p>\n<p>Additionally, there are such programming languages where programmers are given the ability to take values at run time and associate them with arbitrary properties. Or, if the programming language allows, programmers can define new types to be used within their program algorithms.&nbsp;</p>","level":"medium","meta_title":"What is Type Checking? Definition & Meaning | Crypto Wiki","meta_description":"Type Checking meaning: Type Checking - is a verification process in programming languages.","meta_keywords":null,"language":"en","created_at":"2022-04-12T07:18:15.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-type-checking"},"currentChapter":"T","currentSection":"what-is-time-weighted-average-price-twap","chapterTitle":"T","readingLevel":"medium"},"url":"/crypto/learn/crypto-terms/what-is-time-weighted-average-price-twap","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">

Crypto Terms: Letter T

What is Time-Weighted Average Price (TWAP)?

Time-Weighted Average Price (TWAP) MEANING:
Time-Weighted Average Price (TWAP) - indicates the average price of an asset over a specified time period.
Medium
2 minutes

Let's find out Time-Weighted Average Price (TWAP) meaning, definition in crypto, what is Time-Weighted Average Price (TWAP), and all other detailed facts.

Time-weighted Average Price (TWAP) is a type of trading indicator that answers the question of what is the average price of a security throughout a set period of time.

Trading indicators give information that allows investors to make better trading decisions.

When it comes to traditional finance, TWAP’s main function remains the same. However, it’s mostly used to help traders to execute large orders in a specific order and time period. The goal here is to find the best deal while also minimizing the impact on the market.

How to Calculate the Time-Weighted Average Price (TWAP)?

Traders start by analyzing the market and searching for the opening and closing prices. As well as each day’s lowest and highest prices which then help them to determine the average of the daily prices.

When the traders have this data, they’re able to calculate the TWAP value by taking the average of the individual daily averages. This value can be used to split a large order into smaller orders that are valued at TWAP price. This is due to the fact that it’s considered to be the value that holds the highest importance.

Each executed order has a delay. This delay can be counted by taking the duration and dividing it by the order count. For instance, let’s say the duration is 10 minutes and the order count is 2. We can calculate the delay like this:

10/2=5

This means there will be a 5-minute delay between every order placed.

Traders calculate the delay to prevent a large order from increasing the value of a specific asset in the market.

When it comes to the crypto sector, decentralized exchange (DEX) uses a time-weighted average market maker (TWAMM) instead. TWAMMs enable traders to efficiently execute large orders while minimizing the price impact and maintaining low gas prices.