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
Full Pay-Per-Share (FPPS)
FPPS is quite similar to PPS; the only difference is that the pool will additionally pay a transaction fee incentive if the block is identified. FPPS is the same as PPS+.
Testnet
Shorthand for "Test Network", testnets are staging areas for experimenting new blockchain features.
Lightning Network
It is the "second layer" or an off-chain of payment protocol that operates on top of a blockchain. Payments on this network do not need block confirmation and it will be instant.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
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