Glossary March 5, 2026 Algorand token standard Algorand token standard A shared interface specification that helps tokens and smart contracts remain compatible with wallets, exchanges, and tooling. Back to A–Z glossary
Glossary March 5, 2026 Oracle A service that provides external real-world data to smart contracts on a blockchain.
Glossary March 5, 2026 Utility Token A type of cryptocurrency token that provides holders with access to a product or service within a specific blockchain ecosystem.
Glossary March 5, 2026 Layer 2 (L2) A secondary framework built on top of an existing blockchain to improve scalability and transaction throughput.