block

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 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 Mining?

Bitcoin compiles new transactions and adds them to the blockchain while maintaining the integrity and accuracy of the pr...
Cryptocurrency Glossary

What is BIP (Bitcoin Improvement Proposals)?

BIP stands for Bitcoin Improvement Proposals. It is a document that summarizes various proposals through discussions ...
Cryptocurrency Glossary

What is a UASF (User Activated Soft-Fork)?

UASF stands for User Activated Soft-Fork, which is a type of soft fork. While a normal soft fork requires support fro...
Cryptocurrency Glossary

What is Scalability Problem?

Scalability issues are a phenomenon that causes a decrease in the speed of virtual currency transactions and a rise in f...
Cryptocurrency Glossary

What is Blockchain?

Blockchain is a distributed ledger technology invented by Satoshi Nakamoto, the inventor of Bitcoin, to create a decentr...
Cryptocurrency Glossary

What is a Blockchain Forks?

Blockchain Fork means that the blockchain of Bitcoin and other cryptocurrencies, which is connected in a single chain, b...
Cryptocurrency Glossary

What is a Block?

Block is a collection and storage of transactions for sending Bitcoin (BTC) and other cryptocurrencies. The system is...
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