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    <h1 class="title topictitle1" id="ariaid-title1">T.I.P.S.</h1>
    
    <div class="body conbody"><p class="shortdesc">T.I.P.S. is the minimum requirements for Token Layer as defined in the TokenScript
        Design Paper</p>
        <p class="p">The TIPS are:</p>
        <dl class="dl">
            
                <dt class="dt dlterm"><strong class="ph b">T</strong>rust</dt>
                <dd class="dd">User can trust a token to be used on a 3rd party website.</dd>
            
            
                <dt class="dt dlterm"><strong class="ph b">I</strong>nteroperability</dt>
                <dd class="dd">A token can be used on a 3rd party websites and with other tokens too.</dd>
            
            
                <dt class="dt dlterm"><strong class="ph b">P</strong>rivacy</dt>
                <dd class="dd">A website that uses a token can only learn what they were supposed to.</dd>
            
            
                <dt class="dt dlterm"><strong class="ph b">S</strong>ecurity</dt>
                <dd class="dd">User should be able to transact securely, knowing what they will spend and get
                    from the transaction.</dd>
            
        </dl>
        <p class="p">On top of TIPS, there are 2 lesser requirements that didn't make it into the acronym:</p>
        <dl class="dl">
            
                <dt class="dt dlterm">Availability</dt>
                <dd class="dd">Tokens should work as long as the underlying blockchain smart contracts are
                    working, not depending on the availability of specific websites.</dd>
            
            

                <dt class="dt dlterm">Cost effectiveness</dt>
                <dd class="dd">Allow the use of attestation over transactions.</dd>
            
        </dl>
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