Pay-Per-Last N Shares (PPLNS)
By CoinGecko | Updated on Aug 13, 2021
PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.
Related Terms
Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
Central Ledger
Central data repository of a company or bank
Explain Like I'm Five (ELI5)
To explain in such simple terms that even a five-year-old would be able to understand it.
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
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