Bounty
By bijok_adam | Updated on May 24, 2020
Much like the Bounties of the Wild West, but no dead cowboys needed. Crypto bounties are usually tasks available for "bounty hunters" to complete certain simple tasks such as liking a social media post, following a profile and other.
Related Terms
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
Batch Auction
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool.
Nonce
Abbreviation for ‘number only used once’ It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.