Sentences with phrase «token at a later point in time»
Most ICOs work by having investors send funds (usually bitcoin or ether) to a smart contract that stores the funds and distributes an equivalent value in the new token at a later point in time.
A sidechain is a technology that allows you to move your tokens from one blockchain to another, use them on that other blockchain and then move them back at a laterpointintime, without the need for a third party.