Protocol
By CoinGecko | Updated on Mar 03, 2020
The set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain.
Related Terms
Hard cap
The maximum amount that an ICO will be raising.
Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (Zk-Snarks)
An acronym for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, zk-SNARKs refers to a protocol where one can prove posession of a given piece of information (eg a string or hash) without revealing that information and also without any interaction between both the prover & verifier.
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
Externally Owned Accounts (EOA)
Externally owned accounts (EOAs) are accounts that are controlled by a private key and have no coding associated with them.
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