Liquid Proof of Stake (LPoS)
By CoinGecko | Updated on Aug 12, 2021
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Related Terms
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (Zk-Snarks)
An acronym for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, zk-SNARKs refers to a protocol where one can prove posession of a given piece of information (eg a string or hash) without revealing that information and also without any interaction between both the prover & verifier.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Web3 Wallet
Web3 Wallet is the software that allows you to interact with web 3.0.
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