Nonce
By CoinGecko | Updated on May 31, 2021
In cryptography, Nonce is an abbreviation for the term ‘number only used once’ It is similar in spirit to a nonce word, hence the name. It is often a random or pseudo-random number issued in an authentication protocol to ensure that old communications cannot be reused in replay attacks It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Related Terms
Super Staker
A Qtum Core wallet (full node) providing Proof of Stake for delegated addresses, and keeping a small part of each block reward as their fee for providing the staking services.
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
Arbitrage
A strategy where investors buy a currency in a market and sell it at a higher price in another market to gain profit.
Hyperledger (Hyperledger Foundation)
Hyperledger is an open source collaborative effort to create blockchain technologies hosted by The Linux Foundation since 2016.
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