Address Delegation
By Qtum | Updated on Aug 12, 2021
A non-staking wallet transaction that authorizes an online Super Staker to stake the coins (UTXOs really) for that user. The delegation user does not send their coins (they keep complete control) and only sends permission for the Super Staker to provide staking for that address. Sort of a virtual Solo Staker for the user.
Related Terms
Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
Decentralized Autonomous Organization (DAO)
Open source and decentralized systems that do not require centralized operators or controllers.
Solidity
Object oriented programming languaged used in various smart contract blockchains.
Kimchi Premium
The kimchi premium is the price difference between South Korean exchanges and other global exchanges for bitcoin.
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