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Added glossary explaning Denomination Key #7330

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Sep 16, 2020
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@robert-zaremba robert-zaremba commented Sep 16, 2020

When reading this ADR, I was confused about denomination. When reading this in context of tokens I always think about a unit / measure. Examples: bills denominated in $20 and $50. Or 100 cents make 1 dollar.

The Merriam-Webster dictionary defines denomination as:

  1. an act of denominating. Eg: the denomination of prices in U.S. dollars
  2. a value or size of a series of values or sizes. Eg: metric denominations
  3. name, designation especially : a general name for a category

It seams that we are using the last definition (3rd).

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closes: #XXXX


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When reading this ADR, I was confused about _denomination_. When reading this in context of tokens I always think about a unit / measure. Examples: bills denominated in $20 and $50. Or as 100 cents makes 1 dollar.

The Merriam-Webster dictionary defines [denomination](https://www.merriam-webster.com/dictionary/denomination) as:

1. an act of denominating. Eg: the denomination of prices in U.S. dollars
2. a value or size of a series of values or sizes. Eg: metric denominations
3. name, designation especially : a general name for a category

It seams that we are using the last definition (3rd).
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@alessio alessio left a comment

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makes sense, nice addition

@clevinson clevinson merged commit e4c67ed into master Sep 16, 2020
@clevinson clevinson deleted the robert/adr004-denom branch September 16, 2020 17:27
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4 participants