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
ASIC Resistant
A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.
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.
Mining Rig
A dedicated hardware to mine
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
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