Distributed Ledger
By CoinGecko | Updated on Mar 03, 2020
Ledgers whose data is stored and synced across a network of nodes. A distributed ledger is not limited to cryptocurrency (transactional data) and can store many other kinds of data. It can also be set up to be permission and private.
Related Terms
Variable Buy/Sell Tax
On-chain buy sell tax rate that is not fixed, whereby it is possible for contract owners to change at will.
IPO
Initial Public Offering (IPO) refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors.
Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
Stale Block
Double mined blocks that are not included in the blockchain.
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