Unspent Transaction Output

By CoinGecko | Updated on Oct 26, 2020

An output of a blockchain transaction that has not been spent, and can be used as an input for new transactions.

Wallet

Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies.

Liquidity

The ease of which cryptocurrency can be bought and sold without impacting the overall market price.

Pay-Per-Share (PPS)

You are compensated for each valid share that you contribute. Each share is worth a set amount of cryptocurrency that may be mined.

Scrypt

one of the hashing algoritm used in proof-of-work protocol, scrypt requires more memory in order to performing mining functions

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