Initial Coin Offering (ICO)
By CoinGecko | Updated on Aug 12, 2021
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales. Typically, raised funds are used to fund operations, research & development, marketing and more.
Related Terms
Mining Contract
Another term for cloud mining, where users can rent or invest in mining capacity online.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
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+.
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