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
Immutable
A property characterized by inability to be change and stays unchanged over time.
Bounty
Public tasks available for anyone for a reward
Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
Liquid Proof of Stake (LPoS)
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
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