Glossary
Proof-of-Work, or PoW, is the original consensus algorithm in a Blockchain network.
In Blockchain, this algorithm is used to confirm...
Read moreProof-of-stake, or PoS, is another method to achieve a distributed consensus to validate a transaction. The mining power of an individual,... |
The "nonce" in a bitcoin block is a 32-bit (4-byte) field whose value is adjusted by miners so that the hash of the block will be...
Read more(Market Cap, MCAP, CAP)
Market Capitalization is one way to rank the relative size of a cryptocurrency
It constitutes a mathematical...
Fiat currency is backed by a central government. It is not backed by a physical commodity and its value is derived from the relationship...
Read moreA pegged currency is one that is controlled by the central bank in a country so that it keeps the same value against other currencies...
Read moreCryptocurrency is a virtual form of currency or money. It is data or information history stored in digital code and accessed through...
Read moreBitcoin is the original form of cryptocurrency; it was developed by a programmer or a group of programmers going by the name Satoshi...
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