Masternodes
By CoinGecko | Updated on Mar 03, 2020
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined. To create a masternode you need a large amount of coins from the cryptocurrency for which it is developed.
Related Terms
Public Keys
The alphanumeric string which serves as a public receiving address in cryptocurrencies.
Whitelist
List of approved participants that will be given access to a token sale (ICO, IEO, STO etc...)
Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
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