# Technical Glossary ## What is MultiversX? [MultiversX ](https://multiversx.com/)is a highly scalable, secure, and decentralized blockchain network created to enable radically new applications for users, businesses, society, and the new metaverse frontier. ## What is a Smart Contract? Smart contracts are programs stored on a blockchain that run when predetermined conditions are met. They are typically used to automate the execution of an agreement so that all participants can be immediately sure of the outcome without any intermediary's involvement or time loss. ## What is ESDT? The MultiversX network natively supports the issuance of custom tokens without needing contracts such as ERC20 but addressing the same use cases. And due to the native in-protocol support, transactions with custom tokens do not require the VM. In effect, custom tokens are as fast and scalable as the native EGLD token itself. ## What is a token stream? A real-time payment made up of seven properties: * Sender - A MultiversX address * Recipient - A MultiversX address * Deposit - The number of streamed tokens * Token - EGLD or ESDT Token * Start time - The timestamp when the stream starts * End time - The timestamp when the stream ends * Is cancellable - Can the stream be canceled after it was created? --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.coindrip.finance/faq/technical-glossary.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.