Block Reward

- CoinGecko 님 | 업데이트: Mar 03, 2020
In the context of Bitcoin, one of the mechanisms built into it's protocol is to have what is known as block rewards to act as incentives for users to secure the network. Bitcoin mining is the activity and block rewards in the form of cryptocurrency (Bitcoin) is what incentivizes miners to secure the network by validating the data of new blocks.

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관련 용어

Margin Trading
It is a way of investing by borrowing money from a broker (or in crypto, an exchange or platform) to trade
Proof-of-Burn (PoB)
A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.
Ethereum Virtual Machine (EVM)
Ethereum Virtual Machine (EVM) is the environment in which all smart contracts are executed.
Immutable
A property characterized by inability to be change and stays unchanged over time.
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