Plain-English definitions of the cryptocurrency, blockchain and trading terms you will meet as you learn.
This term, often preferred to describe blockchain networks, describes the fact that there is no authority that sets the rules for who can use the system…
Consensus mechanism based on staking
Consensus mechanism based on computational effort
A secret key granting access to funds
A piece of code generated by asymmetric key cryptography that is paired with a public key to decrypt data that has been hashed.
Simply put, PoSt means proving that a network participant has spent a certain amount of space on storage.
It's using a pseudonym, just like "Satoshi Nakamoto".
The public address is the encrypted hash equivalent of the public key. Like a traditional bank account, it is the address the user uses to receive…
