Glossary March 5, 2026 Know Your Customer (KYC) Know Your Customer (KYC) A regulatory compliance process requiring cryptocurrency exchanges to verify the identity of their customers.
Glossary March 5, 2026 Multi-Signature (Multisig) A security feature requiring multiple private key signatures to authorize a cryptocurrency transaction.
Glossary March 5, 2026 Algorand block time The typical time between blocks on a network; shorter block times can improve responsiveness but may affect networking and security trade-offs.
Glossary March 5, 2026 Algorand token standard A shared interface specification that helps tokens and smart contracts remain compatible with wallets, exchanges, and tooling.