Hash
By CoinGecko | Updated on Mar 03, 2020
Term used to refer to ‘summary functions or hash functions’. Technically a hash function is an output code (unique and alphanumeric) that we obtain from an input string, which allows us to know if the original string has been altered. It is produced from algorithm and ensure the input in encrypted.
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Secondary payment channel occuring off-chain
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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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