Whois & Analysis for ton-keeper.org

A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes.

Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves).

Since each block contains information about the previous block, they effectively form a chain (compare linked list data structure), with each additional block linking to the ones before it.

Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.

A cryptocurrency wallet is a device, physical medium, program or an online service which stores the public and/or private keys for cryptocurrency transactions.

In addition to this basic function of storing the keys, a cryptocurrency wallet more often offers the functionality of encrypting and/or signing information.

Signing can for example result in executing a smart contract, a cryptocurrency transaction (see "bitcoin transaction" image), identification, or legally signing a 'document' (see "application form" image).

A custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services.

It provides post-trade services and solutions for asset owners (e.g. sovereign wealth funds, central banks, insurance companies), asset managers, banks and broker-dealers.

It is not engaged in "traditional" commercial or consumer/retail banking like lending.

A financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment.

Any transaction involves a change in the status of the finances of two or more businesses or individuals.

A financial transaction always involves one or more financial asset, most commonly money or another valuable item such as gold or silver.

A fee is the price one pays as remuneration for rights or services.

Fees usually allow for overhead, wages, costs, and markup.

Traditionally, professionals in the United Kingdom (and previously the Republic of Ireland) receive a fee in contradistinction to a payment, salary, or wage, and often use guineas rather than pounds as units of account.

Under the feudal system, a Knight's fee was what was given to a knight for his service, usually the usage of land.

A contingent fee is an attorney's fee which is reduced or not charged at all if the court case is lost by the attorney.