Liquid Proof of Stake (LPoS)

By CoinGecko | Updated on May 24, 2020
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake

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Related Terms

Genesis block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Wash Trade
Meaningless back and forth trading between a single party with the aim of inflating trade volume.
Mempool
It is the abbreviation of Memory Pool. Set of unconfirmed transactions in a blockchain
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