Decryptopedia™

Terms that start with “I”

1. Immutability

   A core feature of blockchains that makes their ledgers, the data record of transactions, unchangeable and unalterable. Immutability drives the trustworthiness and integrity of blockchain data as chain transactions and rulesets are protected from fraud, hacking and other wrongdoing.

2. Initial Coin Offering (ICO)

   A token sale or crowdfunding event offered by cryptocurrency startups, existing projects, and blockchains, looking to raise money from investors to fund new and ongoing development. It’s very similar to initial public offerings (IPO) that take place in the traditional finance world of stocks. ICOs sometimes offer pre-sale or discounted token prices in exchange for capital investment.