Address Delegation
By Qtum | Updated on Aug 12, 2021
A non-staking wallet transaction that authorizes an online Super Staker to stake the coins (UTXOs really) for that user. The delegation user does not send their coins (they keep complete control) and only sends permission for the Super Staker to provide staking for that address. Sort of a virtual Solo Staker for the user.
Related Terms
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
Internet of Things (IoT)
It is a system that lets any devices that are connected to internet to comunicate with each other without human-to-human or human-to-devices interactions.
Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
Crowdsale
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.