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Glossary

InterCoin Vocabulary

Below are common terms related to the InterCoin token and blockchain, explained to help you better understand our project and technology.

Address

Definition:
In the InterCoin network, an address is a unique identifier used to receive and send InterCoin tokens (ITC). It is typically a 42-character hexadecimal string starting with 0x, such as 0x6A367E19c741494B0dbE6Aa8D8a07Ba6aC3bad7b (InterCoin’s smart contract address). Each address is generated by a user’s crypto wallet (e.g., MetaMask) based on a public-private key pair, ensuring secure and anonymous transactions.

Usage:

  • Users receive InterCoin tokens via an address, such as during the presale, where paying 1 USDT yields 2 ITC, sent to your provided address.
  • Addresses do not contain personal identity information but are publicly viewable on the Ethereum blockchain via Etherscan.

Note:
Protect your private key, as losing it will prevent access to tokens in the address. Avoid sharing addresses publicly to prevent security risks.

Token

Definition:
The InterCoin token (abbreviated ITC) is an Ethereum-based ERC-20 digital asset with a fixed total supply of 8 billion, designed for global commodity trading. The token is managed via a smart contract (address 0x6A367E19c741494B0dbE6Aa8D8a07Ba6aC3bad7b) and supports transfer, payment, and holding.

Usage:

  • Tokens can be used to purchase global goods without converting to fiat currencies.
  • Participate in the presale (via unitrade.pw/presale with USDT) or future ecosystem rewards.

Note:
Token value may fluctuate, and investment carries risks. Refer to the legal notice (https://unitrade.pw/legal).

Smart Contract

Definition:
A smart contract is an autonomous program running on the Ethereum blockchain, managing InterCoin’s issuance, transfers, and functions. InterCoin’s smart contract address is 0x6A367E19c741494B0dbE6Aa8D8a07Ba6aC3bad7b, designed per the ERC-20 standard, ensuring transparent and immutable token operations.

Usage:

  • The smart contract processes presale payments and token distributions, such as converting USDT to ITC.
  • Interact with it via Remix or Etherscan by calling functions like transfer.

Note:
Smart contracts may have vulnerabilities; InterCoin plans an audit by Certik to ensure security.

Presale

Definition:
InterCoin’s presale is a public token sale phase, currently priced at 1 USDT = 2 ITC, accounting for 29% of the total supply (2.32 billion tokens). It’s conducted via the website unitrade.pw/presale and the NOWPayments gateway.

Usage:

  • Users pay with USDT to receive InterCoin tokens, allocated to their specified wallet address.
  • Presale funds support project development, as outlined in the economic model.

Note:
The presale involves market risks and requires compliance with local regulations; see the legal notice.

Payment Gateway

Definition:
A payment gateway processes InterCoin presale payments. InterCoin uses NOWPayments, supporting USDT, BTC, ETH, XRP, and more, ensuring fast, low-cost transactions.

Usage:

  • Users click the button on unitrade.pw/presale, redirecting to NOWPayments to pay with USDT for ITC.
  • The gateway verifies transactions, triggering token allocation.

Note:
The gateway may charge 0.5%-1% fees and requires KYC/AML compliance.

Blockchain

Definition:
A blockchain is Ethereum’s foundational technology, on which InterCoin operates, ensuring decentralized, transparent, and tamper-proof transaction records. All InterCoin transactions are stored on the Ethereum blockchain, viewable via Etherscan.

Usage:

  • The blockchain supports InterCoin’s smart contracts and token transfers, ensuring security.
  • Users can query 0x6A367E19c741494B0dbE6Aa8D8a07Ba6aC3bad7b’s transaction history.

Note:
Blockchain data is public; address privacy requires secure practices.

Gas Fee

Definition:
A gas fee is the Ethereum network’s transaction cost for executing InterCoin smart contract operations, like token transfers. Each transaction requires a small amount of ETH, approximately 0.0006-0.01 ETH (February 2025, about $12-$200 USD, depending on network congestion).

Usage:

  • Users pay gas fees via MetaMask to complete ITC transfers or presale allocations.
  • The project team also pays gas fees when distributing tokens, ensuring network operation.

Note:
Gas fees fluctuate with network congestion; perform operations during low-traffic periods.

KYC/AML (Know Your Customer/Anti-Money Laundering)

Definition:
KYC/AML refers to Know Your Customer and Anti-Money Laundering compliance requirements. InterCoin implements these via NOWPayments to ensure presale legality, potentially requiring identity information (e.g., name, ID).

Usage:

  • During the presale, NOWPayments verifies user info to prevent money laundering and fraud.
  • It complies with China’s Anti-Money Laundering Law, U.S. SEC, and EU 5AMLD requirements.

Note:
KYC/AML may delay payments; comply with local regulations.

Ecosystem

Definition:
InterCoin’s ecosystem includes merchants, users, and developers, aiming to drive global commodity trading. It comprises 50% of the total supply (4 billion ITC), used for rewards and partnerships.

Usage:

  • Merchants accept ITC payments, users join reward programs, and developers build DApps.
  • Ecosystem development releases linearly over 5 years via smart contracts.

Note:
Ecosystem success depends on community participation, requiring ongoing promotion.

Notes and Extensions

  • Style Consistency: This mirrors Bitcoin’s concise, structured format, fitting for https://unitrade.pw/vocabulary or https://intercoin.pw/vocabulary.
  • Suitability: These terms are tailored to “InterCoin”’s features, enhancing user understanding on your website.
  • Word Count: The total is approximately 1,000 words, ensuring detail while maintaining brevity.