Seed
By CoinGecko | Updated on Mar 03, 2020
Seed (or seed keys / phrase) are used in deterministic wallets to allows users to easily remember, backup, and restore a wallet. This scheme is used in most bitcoin wallets that implement BIP 32.
Related Terms
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
ASIC Resistant
A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.
Stale Block
Double mined blocks that are not included in the blockchain.
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
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