Cryptionary

Minting Baton

1. SLP

A special token used to create (mint) more of a token. When an SLP token is created, it can optionally also create a Minting Baton for that token. Whichever wallet has control of the minting baton is able to create new tokens at will. If a token doesn't create - or burns - it's minting baton then no new instances of that SLP token can be created.

* All terms and definitions may update as the Cryptionary improves.

All terms

Hodl ICO IEO Instamine JOMO Know Your Customer Lambo Lightning Network Limit order Liquidity Locktime Majority Attack Market Cap Market Order Masternode Maximalist Maximum Supply Mempool Mining Mining Pool Minting Baton Mnemonic Mooning 🌕Multi Signature Node OP_RETURN Opcode Orphan Premining Privacy Coins Private Key Proof of Stake Proof of Work Public Key Pump and Dump Rekt Replace By Fee Satoshi Nakamoto Satoshis Schnorr Signatures