Block Reward
By CoinGecko | Updated on Mar 03, 2020
In the context of Bitcoin, one of the mechanisms built into it's protocol is to have what is known as block rewards to act as incentives for users to secure the network. Bitcoin mining is the activity and block rewards in the form of cryptocurrency (Bitcoin) is what incentivizes miners to secure the network by validating the data of new blocks.
Related Terms
zkML (Zero-Knowledge Machine Learning)
Zero-Knowledge Machine Learning (zkML) integrates the principles of zero-knowledge proofs with ML.
State Channel
Secondary payment channel occuring off-chain
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
Gwei
The monetary domination of gas, involving Ether
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