Crypto Terms:
Letter T
What is Tor?
Meaning:
Tor -
a decentralized network that anonymizes user web traffic by encrypting it and sending it through a series of relays before it reaches its destination.
Let's find out Tor meaning, definition in crypto, what is Tor, and all other detailed facts.
Tor is a decentralized network that encrypts users' web traffic and passes it through a network of relays to anonymize it before it reaches its final destination. At first, Tor was named The Onion Router and that’s why it has its own ".onion" domain. This network is managed by a non-profit organization called the Tor Project. They also created a Tor Browser which is an open-source browser that uses Tor to automatically redirect traffic.
How does Tor work? Each user's traffic is routed through three random relays (or nodes) before reaching its final destination. Each stage of the journey is encrypted separately, and each relay is only aware of where the traffic came from and where it is heading immediately afterward. This means that no relay can ever know the entire path of any traffic.
Tor network is probably mostly known for being a gateway to the dark web and markets accessible via ".onion" addresses. The most well-known of these dark markets was the Silk Road (which is now shut down) where users could buy illegal stuff (fake IDs, guns, drugs, and so on) anonymously using Bitcoin (BTC).
Though note that activists, journalists, law enforcement agencies, dissidents, intelligence services, and others, who want to stay anonymous online in order to stay protected and secure, also use Tor.
cryptocurrency that has been traded on a particular <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">exchange. Practically all cryptocurrency exchanges track and record it on the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain daily. The total exchange volume of a specific exchange can be located on their websites. The amount of currency that has been traded in the last 24 hours is called the <strong>daily exchange volume<\/strong>.<\/p>\n<h3>Why Is Total Exchange Volume Important?<\/h3>\n<p>For cryptocurrency traders, total exchange volume is a crucial metric since it displays how much money is being moved on a given platform. The exchange is more liquid if the number is higher. Therefore, trading big quantities of cryptocurrency on exchanges with greater total exchange volumes is much easier.<\/p>\n<p>Since it <strong>considers multiple elements that determine value<\/strong>, total exchange volume is a more accurate indicator of value than <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-market-capitalization-market-cap-mcap/">market capitalization<\/strong><\/a>. It assesses not only supply and demand, but also active use cases and a <strong>cryptocurrency's potential growth<\/strong>.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-volume/">Volume is one of the most influential factors in the crypto market. The volume of a market can influence where a cryptocurrency will trade and overall how valuable it is. Traders prefer <strong>high-volume markets<\/strong> because they have more <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-liquidity/">liquidity and reduced <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-volatility/">volatility. This is the case because there might not be enough liquidity to support price changes when huge orders are made in low-volume markets.<\/p>\n<p>The <strong>fundamental purpose of exchange volume<\/strong> is to demonstrate how well prices stand during periods of strong activity. For instance, if prices are setting new highs on light volume, it indicates that traders aren't persuaded that the upward trend will last.<\/p>","definition":"a measure of the total amount of a digital currency that has been moved on a particular exchange.","status":"published","meta_title":"What is Total Exchange Volume? Definition & Meaning | Crypto Wiki","meta_description":"Total Exchange Volume meaning: Total Exchange Volume - a measure of the total amount of a digital currency that has been moved on a particular exchange.","meta_keywords":null}"
:prev-section="{"id":802,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Toll_bridge","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-10-30T13:04:19.000000Z","slug":"what-is-toll-bridge","title":"What is Toll Bridge?","section":"T","keyword":"Toll Bridge","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. <\/p>\n<p>It was popularized by a well-known crypto project DAO Maker. It’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>. <\/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’t pass the toll bridge throughout the entire vesting schedule.<\/p>","definition":"is a pathway that demands a toll fee to gain access to additional functionalities.","status":"published","meta_title":"What is Toll Bridge? Definition & Meaning | Crypto Wiki","meta_description":"Toll Bridge meaning: Toll Bridge - is a pathway that demands a toll fee to gain access to additional functionalities.","meta_keywords":null}"
:model="{"id":762,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Decentralization","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-10-30T13:04:48.000000Z","slug":"what-is-tor","title":"What is Tor?","section":"T","keyword":"Tor","content":"<p><strong>Tor is a decentralized network that encrypts users' web traffic and passes it through a network of relays to anonymize it before it reaches its final destination.<\/strong> At first, Tor was named The Onion Router and that’s why it has its own <em>\".onion\"<\/em> domain. This network is managed by a non-profit organization called the Tor Project. They also created a Tor Browser which is an open-source browser that uses Tor to automatically redirect traffic.<\/p>\n<p><strong>How does Tor work?<\/strong> Each user's traffic is routed through three random relays (or <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-node/">nodes) before reaching its final destination. Each stage of the journey is encrypted separately, and each relay is only aware of where the traffic came from and where it is heading immediately afterward. This means that no relay can ever know the entire path of any traffic.<\/p>\n<p>Tor network is probably mostly known for being a gateway to the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-dark-web/">dark web<\/strong><\/a> and markets accessible via \".onion\" addresses. The most well-known of these dark markets was the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-silk-road/">Silk Road<\/strong><\/strong><\/a> (which is now shut down) where users could buy illegal stuff (fake IDs, guns, drugs, and so on) anonymously using <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a>.<\/p>\n<p>Though note that activists, journalists, law enforcement agencies, dissidents, intelligence services, and others, who want to stay anonymous online in order to stay protected and secure, also use Tor.<\/p>","definition":"a decentralized network that anonymizes user web traffic by encrypting it and sending it through a series of relays before it reaches its destination.","status":"published","meta_title":"What is Tor? Definition & Meaning | Crypto Wiki","meta_description":"Tor meaning: Tor - a decentralized network that encrypts users' web traffic and routes it through a chain of relays before reaching its final destination to anonymize it.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
:chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin 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Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens (NFTs)?","status":"published","modified_content":null},{"chapter_id":6,"order":1,"slug":"what-is-defi","title":"What is Decentralized Finance (DeFi)?","status":"published","modified_content":null},{"chapter_id":6,"order":2,"slug":"what-is-defi-2-0","title":"DeFi 2.0: The New Version of Decentralized Finance","status":"published","modified_content":null},{"chapter_id":6,"order":3,"slug":"what-are-dapps-in-crypto","title":"What Are dApps and How Do They Work?","status":"published","modified_content":null},{"chapter_id":6,"order":4,"slug":"defi-dapps","title":"Picking the Right dApps: Dos and Don'ts","status":"published","modified_content":null},{"chapter_id":6,"order":5,"slug":"what-is-web-3-0","title":"Web 3.0: The Future of the Internet","status":"published","modified_content":null},{"chapter_id":6,"order":6,"slug":"what-are-smart-contracts","title":"What is the Core Purpose of Smart Contracts?","status":"published","modified_content":null},{"chapter_id":6,"order":7,"slug":"what-is-a-dao-in-crypto","title":"The Notion of a Decentralized Autonomous Ogranization (DAO)","status":"published","modified_content":null},{"chapter_id":6,"order":8,"slug":"what-is-staking-in-crypto","title":"What is the Goal of Staking Crypto Assets?","status":"published","modified_content":null},{"chapter_id":6,"order":9,"slug":"what-is-liquidity-pool-in-crypto","title":"What is a Liquidity Pool and How Does It Work?","status":"published","modified_content":null},{"chapter_id":6,"order":10,"slug":"what-is-automated-market-maker","title":"Automated Market Maker: the Cornerstone of the Decentralized Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":6,"order":11,"slug":"what-is-yield-farming-in-crypto","title":"The Main Yield Farming Techniques","status":"published","modified_content":null},{"chapter_id":6,"order":12,"slug":"what-is-an-oracle-in-crypto","title":"Crypto Oracles: The Link Between Blockchain and Outside World Data","status":"published","modified_content":null},{"chapter_id":6,"order":13,"slug":"crypto-gambling","title":"The Peculiarities of Decentralized Crypto Gambling","status":"published","modified_content":null},{"chapter_id":6,"order":14,"slug":"what-is-the-metaverse","title":"Metaverse: A New Perception of Reality","status":"published","modified_content":null}]},{"id":7,"title":"Trading & Investing","slug":"trading-and-investing","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-trading.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-trading-101.jpg","rating":80,"sections":[{"chapter_id":7,"order":1,"slug":"where-to-trade-crypto","title":"Where Can You Trade Cryptocurrencies?","status":"published","modified_content":null},{"chapter_id":7,"order":2,"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You Have?","status":"published","modified_content":null},{"chapter_id":7,"order":3,"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","status":"published","modified_content":null},{"chapter_id":7,"order":4,"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","status":"published","modified_content":null},{"chapter_id":7,"order":5,"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","status":"published","modified_content":null},{"chapter_id":7,"order":6,"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","status":"published","modified_content":null},{"chapter_id":7,"order":7,"slug":"what-is-a-perpetual-contract","title":"Perpetual Contracts: Futures Contracts Without an Expiration Date","status":"published","modified_content":null},{"chapter_id":7,"order":8,"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":9,"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","status":"published","modified_content":null},{"chapter_id":7,"order":10,"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":11,"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","status":"published","modified_content":null},{"chapter_id":7,"order":12,"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","status":"published","modified_content":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-analysis.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-analysis-101.jpg","rating":100,"sections":[{"chapter_id":8,"order":1,"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","status":"published","modified_content":null},{"chapter_id":8,"order":2,"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","status":"published","modified_content":null},{"chapter_id":8,"order":3,"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","status":"published","modified_content":null},{"chapter_id":8,"order":4,"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & 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Mining?","status":"published","modified_content":null},{"chapter_id":9,"order":3,"slug":"what-is-staking-crypto","title":"An Advanced Look into What is Staking Crypto","status":"published","modified_content":null},{"chapter_id":9,"order":4,"slug":"what-is-proof-of-stake-vs-proof-of-work","title":"Proof-of-Work VS Proof-of-Stake: The Differences That Matter","status":"published","modified_content":null},{"chapter_id":9,"order":5,"slug":"what-is-crypto-mining-rig","title":"Crypto Mining Rig: What It is and How to Build One?","status":"published","modified_content":null}]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/crypto-101-glossary.jpg","chapter_simple":"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"]}]"
current-chapter="T"
current-section="what-is-tor">
