Halving
By CoinGecko | Updated on Mar 03, 2020
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network. Each cryptocurrency sets every few blocks this automatic adjustment is made. In Bitcoin it is every 210,000 mined blocks.
Related Terms
Sharding
A form of database partitioning which breaks up data into smaller segments.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
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.
Whitelist
List of approved participants that will be given access to a token sale (ICO, IEO, STO etc...)
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