The meaning is “Initial Coin Offering”. The ICO is basically a funds raising process. In this process, the issuer sells a new token in exchange for a cryptocurrency. The process runs under the network of an existing cryptocurrency. This cryptocurrency will be the one used to get the money.« Back to Glossary Index
Scalability is the capacity of any system to grow and adapt when the demand increases. If the demand grows and the system responds properly maintaining the efficiency, then the system is scalable. This concept is crucial in informatic applications, databases and logistic systems.