Dutch Auction
By CoinGecko | Updated on Sep 01, 2021
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price. This style of auction allows users to enter only when the price matches their desired comfort level.
Related Terms
Full Pay-Per-Share (FPPS)
FPPS is quite similar to PPS; the only difference is that the pool will additionally pay a transaction fee incentive if the block is identified. FPPS is the same as PPS+.
Gwei
The monetary domination of gas, involving Ether
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
Externally Owned Accounts (EOA)
Externally owned accounts (EOAs) are accounts that are controlled by a private key and have no coding associated with them.
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