Mining
By CoinGecko | Updated on Mar 03, 2020
It is the process of the miners verify and adding transaction recors into a block. The miner who successfully do the mining will be rewarded with a coin. The verification process typically requires the miner to use a specific hardware to mine and connected to the internet.
Related Terms
Salt (cryptography)
In cryptography, a salt is the additional random input that is added to password or passphrase to make the password hash unique. It prevents from the hashed output password to be cracked so easily by the hacker.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Solidity
Object oriented programming languaged used in various smart contract blockchains.
YTD
Acronym for Year-to-date
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