Mining
By CoinGecko | Updated on Mar 03, 2020
It is the process of the miners verify and adding transaction recors into a block. The miner who successfully do the mining will be rewarded with a coin. The verification process typically requires the miner to use a specific hardware to mine and connected to the internet.
Related Terms
Soft Fork
A backward-compatible update to a decentralized blockchain protocol.
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Cryptocurrencies that are designed with transaction anonimity and user privacy in mind.
Address Delegation
Delegation of a wallet's stake to a Super Staker
Block Reward
One of the mechanisms built into a blockchain to incentivize validators
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