Miners
By CoinGecko | Updated on Mar 03, 2020
Contributors to a blockchain taking part in the process of mining. They can be professional miners or organizations with large-scale operations, or hobbyists who set up mining rigs at home or in the office.
Related Terms
Encryption
In cryptography, encryption is a process of encoding information the original form of information called plaintext via an algorithm called cipher. The encrypted message is now called ciphertext. Only authorized parties can decipher the ciphertext and convert back it to the original plaintext.
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Whale
Someone who holds an enormous amount of cryptocurrency and has the ability to wave the market
Public Blockchain
An open sourced blockchain where participation is public and permissionless
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