Staking
By CoinGecko | Updated on Mar 03, 2020
Participation in a Proof-of-Stake (PoS) system to put your tokens in to serve as a validator to the blockchain and receive rewards.
Related Terms
Cold Storage
Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.