Software that changes an environment irreversibly after its release. For example, once Bitcoin’s code was launched and distributed amongst many machines, it virtually could not be stopped.
Unstoppable Code
Utility Token
A unit of currency consumed in a process. For example, an arcade token that gets used when a game is played or a coin like BNB Binance token, which is used to pay exchange fees.
UTXO
Unspent transaction output. For example, if an individual receives 1 BTC and holds it, they possess a UTXO.
UIA
User-Issued Assets, Tokens that can be created on the BitShares network.
Unbanked
An adult person without an account at a bank or other financial institution.
USDT
The acronym for stable coins issued by Tether Limited: U.S. Dollar Tether.
