Address Delegation
By Qtum | Updated on Aug 12, 2021
A non-staking wallet transaction that authorizes an online Super Staker to stake the coins (UTXOs really) for that user. The delegation user does not send their coins (they keep complete control) and only sends permission for the Super Staker to provide staking for that address. Sort of a virtual Solo Staker for the user.
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Related Terms
Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
ROI
Short for “Return on Investment”, the ratio between the net profit and cost of investing.
Block
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.
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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