Crowdsale
By CoinGecko | Updated on Sep 01, 2021
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis, allowing projects to have direct control over the token price.
Related Terms
Mining Pool
Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks.
Sharding
A form of database partitioning which breaks up data into smaller segments.
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
BitLicense
Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
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