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Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto 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":799,"original_id":null,"author_id":40,"translator_id":null,"title":"What is UNI Token?","slug":"what-is-uni-token","section":"U","keyword":"UNI Token","status":"published","definition":"UNI is the cryptocurrency utilized by the Uniswap platform.","content":"<p>UNI token is a native governance token of Uniswap. At the moment, Uniswap is the biggest <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-decentralized-exchange-dex/">
decentralized exchange (DEX)</strong></a> out there.</p>\n<p>Those who own a UNI token are granted <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-governance/">governance privileges, which create an enabling environment in decision-making and vote on the platform's terms of flow. Furthermore, UNI holders will benefit from the increasing value of DEX with time.</p>\n<p>Users are able to utilize the biggest exchanges to either purchase or trade UNI tokens against other <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrencies as well as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fiat/">fiat currencies</strong></strong></a>. It is accessible on exchanges including <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/goon/coinbase/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>Coinbase</strong></a>, Uniswap, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/goon/binance/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>Binance</strong></a>, and Huobi.</p>\n<p>The UNI token has a total amount of 1 billion units. Because the project has a four-year vesting timeline, the maximum supply will be in circulation by 2024. Following the end of this term, a 2% permanent inflation rate will be applied to the UNI token in order to sustain the network on a yearly basis.</p>\n<p>Furthermore, one of the goals of the permanent inflation rate is to <strong>discourage passive investors.</strong></p>\n<p>The most convenient method to purchase UNI is via a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-centralized-exchange-cex/">centralized cryptocurrency exchange (CEX)</strong></a> like Coinbase or Kraken. You may also buy UNI using another cryptocurrency, such as <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum, through the Uniswap platform.</p>\n<p>To be more specific, Uniswap is a decentralized exchange that supports <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-erc-20/">ERC-20 tokens. On the Ethereum blockchain, the protocol allows for the exchange of various tokens that adhere to the <strong>ERC-20 standard.</strong> Moreover, the 24-hour <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-trading-volume/">trading volume</strong></a> is a crucial aspect of the growing value of the UNI coin and Uniswap.</p>","level":"easy","meta_title":"What is UNI Token? Definition & Meaning | Crypto Wiki","meta_description":"UNI Token meaning: UNI Token - UNI is the cryptocurrency utilized by the Uniswap platform.","meta_keywords":null,"language":"en","created_at":"2022-04-01T13:34:56.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-uni-token"},"prevSection":{"id":789,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Utility Token?","slug":"what-is-utility-token","section":"U","keyword":"Utility Token","status":"published","definition":"a token created with the purpose of helping individuals to use something.","content":"<p>The <strong>main purpose</strong> of utility tokens is to enable people to use something. A utility token can only be used in the specific ecosystem it was created for. For example, Filecoin is a utility token that was created to assist users when utilizing the Filecoin decentralized data storage network. It is one of the most well-known utility tokens. Though note that <strong>utility tokens are not created for investment</strong>.</p>\n<p><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-securities-and-exchange-commission-sec/">The Securities and Exchange Commission (SEC)</strong></a> is always on the lookout for new utility and security tokens. <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-howey-test/">The Howey Test</strong></a> is used by the regulator to assess whether a token is classified as a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-security/">security or a utility token. Though since <strong>utility tokens are not considered to be investment contracts</strong>, they are not subject to the same restrictions and requirements as security tokens.</p>","level":"easy","meta_title":"What is Utility Token? Definition & Meaning | Crypto Wiki","meta_description":"Utility Token meaning: Utility Token - a token created with the purpose of helping individuals to use something.","meta_keywords":null,"language":"en","created_at":"2022-04-01T12:32:13.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-utility-token"},"currentChapter":"U","currentSection":"what-is-unconfirmed","chapterTitle":"U","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-unconfirmed","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter U
What is Unconfirmed?
Unconfirmed MEANING:
Unconfirmed -
A transaction that hasn't been added to the blockchain is considered to be unconfirmed.
Let's find out Unconfirmed meaning, definition in crypto,
what is Unconfirmed,
and all other detailed facts.
Unconfirmed refers to the state of a transaction that has not yet been added to the blockchain where at least three miners do not confirm every transaction through the mining process.
Moreover, unconfirmed transactions are kept by nodes in memory pools.
