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Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":807,"original_id":null,"author_id":43,"translator_id":null,"title":"What is Toll Bridge?","slug":"what-is-toll-bridge","section":"T","keyword":"Toll Bridge","status":"published","definition":"is a pathway that demands a toll fee to gain access to additional functionalities.","content":"<p><strong>A Toll Bridge</strong> is a type of bridge in the crypto sector where by <strong>paying a toll fee you receive access to exclusive functionalities and vested cryptocurrencies</strong>. This toll fee is assigned a specific monetary value.&nbsp;</p>\n<p>It was popularized by a well-known crypto project DAO Maker. It&rsquo;s targeted at startups who need decentralized and secure launchpads.</p>\n<p>DAO Maker enables the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-dyco-dynamic-coin-offering/">dynamic coin offering (DYCO)</strong></a> framework. Startups and new crypto projects can use it in order to continue developing said project by raising funds and attracting investors. Moreover, the dynamic coin offering framework allows investors to receive refunds if the project did not reach its original goals or completely went off course.</p>\n<p><strong>The toll bridge burns and claims are managed by smart contracts</strong>.&nbsp;</p>\n<p><strong>The</strong> <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-token-generation-event-tge/">token generation event (TGE)</strong></a> <strong>prompted toll bridges to take into account vesting schedules, days,</strong> and <strong>other factors</strong>.</p>\n<p>In order to use the bridge users require to connect the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-metamask/">MetaMask extension to connect to a whitelisted wallet. If everything goes accordingly and the wallet was successfully connected, the users are able to unlock funds within the bridge.</p>\n<p>Keep in mind that users can leave the vesting schedule even before the set period of time is over. By exiting early, token buyers have to burn a certain amount of their tokens.</p>\n<p>Additionally, users have to pay fewer fees if the fund has been open for a longer period of time. Furthermore, every three months users can receive 20% of their locked coins if they don&rsquo;t pass the toll bridge throughout the entire vesting schedule.</p>","level":"easy","meta_title":"What is Toll Bridge? 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Moreover,<strong> there is no need for trust between parties.</strong> However, at the moment centralized systems are way ahead in popularity as opposed to decentralized ones, even though centralized systems are known to be more defenseless from <strong>hacks and theft.</strong> The option of information getting manipulated or altered is also possible.</p>\n<p>Keeping this in mind, the capacity to not place faith in a central entity, as well as the decentralized character of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrencies, is frequently cited as one of the most significant features of crypto assets.</p>\n<p>However, trustless systems are <strong>completely controlled by a computer code</strong> as opposed to decentralized ones.</p>\n<p>In addition, oftentimes the idea of trustlessness is seen as the foundation of cryptocurrencies.</p>\n<p><strong><a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin, the trademark of cryptocurrency, was the first to reveal the concept. <strong>This is due to BTC's ability to verify and record all transactional data on the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain, the distributed ledger technology that underpins cryptocurrencies.</p>\n<p>Bitcoin and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-work-pow/">proof-of-work (PoW)</strong></a>&nbsp;blockchains attempt to ensure trustlessness by offering prizes and economic incentives for issue solutions. Furthermore, maintaining network security is frequently encouraged with monetary rewards. This is achieved by assigning trust across multiple members.</p>\n<p>Members can conduct transactions in a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-peer-to-peer-p2p/">peer-to-peer (P2P)</strong></a> context using trustless technologies. <strong>It allows people to put their confidence in abstract notions rather than individuals.</strong></p>\n<p>Centralized systems, such as banks, are the polar opposite of trustless systems since traditional finance services use an authority to validate information as well as make decisions.</p>","level":"easy","meta_title":"What is Trustless? Definition & Meaning | Crypto Wiki","meta_description":"Trustless meaning: Trustless - system is an ecosystem in which there is no centralized authority.","meta_keywords":null,"language":"en","created_at":"2022-04-01T13:28:44.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-trustless"},"currentChapter":"T","currentSection":"what-is-turing-complete","chapterTitle":"T","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-turing-complete","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter T

What is Turing-Complete?

Turing-Complete MEANING:
Turing-Complete - refers to a system's prospective ability to solve all computation problems.
Easy
1 minute

Let's find out Turing-Complete meaning, definition in crypto, what is Turing-Complete, and all other detailed facts.

Turing-complete refers to a potential ability of a system to tackle computation problems. For a system to be referred to as Turing-complete, it must be able to do what a Turing machine can do. A Turing machine is a theoretical machine that was created by mathematician Alan Turing. Turing-complete has an essential characteristic of loops which enable a programming language to perform a set of instructions continuously.

In the scenario where the programming language is not Turning-complete, it contains some limitations that might get in the way of solving different types of computational issues. Solidity is an example of a Turing-complete system, and it is a programming language that was utilized to write Ethereum smart contracts.

Bitcoin, on the other hand, is not Turning-complete. This is because it was initially created as a cryptocurrency that enables uncomplicated functionalities. Besides, the scripting language of Bitcoin is not equipped with Turing-complete language loops. Bitcoin is not Turing-complete because this way it defends itself from numerous frauds and network overload.

Nonetheless, the vast majority of programming languages available today are Turing-complete. However, keep in mind that blockchains are not required to meet this condition.
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