Decentralized
By CoinGecko | Updated on Mar 03, 2020
Describes a system where there are no centralized points of failure (eg. a pillar that holds an entire structure up), or an organization that has no central authority figure. Bitcoin is an example of a decentralized system.
Related Terms
opML (Optimistic Machine Learning)
opML (Optimistic Machine Learning) employs an optimistic verification mechanism and is able to handle large-scale machine learning models with billions of parameters efficiently, using fraud proofs that verify the ML computation.
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Pre-sale
A typically exclusive token sale event preceding a public ICO
Block Reward
One of the mechanisms built into a blockchain to incentivize validators
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