🔥 Out Now 🔥 Our Q1 2021 Crypto Report is fresh off the press! Read it first and understand the state of cryptocurrency in the first quarter of 2021 - from the rise of NFT to $2 trillion crypto market cap and much more! 🔎

Nonce

By CoinGecko | Updated on Mar 03, 2020
It means ‘umber that only used once’ (a number that is only used once) and it is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.

Share this with a friend!

Related Terms

Zero Confirmation Transaction
Another name for "unconfirmed transaction"
SHA-256
Abbreviation of "Secure Hashing Algoritm - 256", SHA-256 is part of the SHA2 that allows one-way hashing of any data into a 64 character string.
Airdrop
A way to promote cryptocurrencies by sending some free tokens to traders
Tangle
The name for IOTA's Directed acylic graph (DAG) based transaction settlement layer.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.
coingecko (thumbnail mini)
CoinGecko for iOS
coingecko (thumbnail mini)
CoinGecko for Android