Mnemonic Phrase
By CoinGecko | Updated on Mar 03, 2020
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets. It should be kept secret from everyone else. It is a standard in most HD wallets.
Related Terms
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An introductory paper to consicely explain an issue and a possible solution on the issue.
Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
Ask Me Anything (AMA)
Ask me anything refers to actions where individuals of certain profession (eg. fireman, nurse, journalists) or company (eg. CEO of Tesla) conduct a session for users to ask them questions.
Pay-Per-Last N Shares (PPLNS)
PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.
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