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Intrinsic value

This refers to the fundamental value contained in an asset or object.

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Turing Completeness

T uring completeness refers to a machine's ability to do all possible programmable calculations. It is a data manipulation system that can read programming languages and complex databases utilising a small collection of data, most commonly the Turing machine.

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Trustless

This is a system of distributing trust among different actors in a system via an economic game that incentivizes participants in the system to cooperate with the rules defined by the protocol. The Bitcoin blockchain is an example.

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