Definition of Mining Contract

It is an agreement where a person could pay for the output of mining without owning the mining device. In other words, it is renting (or investing) in mining, while the mining decives are placed in a remote data centers.

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Related Terms

YTD

Acronym for Year-to-date

Internet of things (IoT)

It is a system that lets any devices that are connected to internet to comunicate with each other without human-to-human or human-to-devices interactions.

Whitelist

List of approved participants that will be given access to a token sale (ICO, IEO, STO etc...)

Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (Zk-Snarks)

An acronym for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, zk-SNARKs refers to a protocol where one can prove posession of a given piece of information (eg a string or hash) without revealing that information and also without any interaction between both the prover & verifier.

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