Cryptocurrency Glossary

What is Proof of Stake (PoS)?

Proof of Stake (PoS) is a mechanism for correctly connecting cryptocurrency transaction and transfer data to the blockch...
Cryptocurrency Glossary

What is Hash Rate?

Hash Rate is a unit that expresses the speed of mining. It is used as an indicator for selecting a machine for mining, s...
Cryptocurrency Glossary

What is a Hash Value?

Hash is a fixed length of data that is obtained by converting certain data. Since hashing can only calculate data in on...
Cryptocurrency Glossary

What is Confirmation?

Confirmation refers to a transaction being included in a new block. The state in which a transaction has not been incorp...
Cryptocurrency Glossary

What is a Nonce?

Nonce is an abbreviation for "number used once". It is a random, disposable number used only once in cryptocurrencies...
Cryptocurrency Glossary

What is Mining Income?

Mining Income is the reward earned by miners for generating new blocks through mining. In Bitcoin, a certain number o...
Cryptocurrency Glossary

What is Proof of Work (PoW)?

Proof of work (PoW) is a method of consensus building among an unspecified number of participants (consensus algorithm)....
Cryptocurrency Glossary

What is Bitcoin Halving?

Halving is the timing when the mining reward of a cryptocurrency is halved. For example, in the case of bitcoin (BTC)...
Cryptocurrency Glossary

What is a Hard Fork?

Hard Fork is a method of changing the specifications of a blockchain, an update that is not backward compatible. The ...
Cryptocurrency Glossary

What is a Soft Fork?

Soft Fork is a type of blockchain divergence that occurs when a blockchain specification is updated. In the case of a...
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