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
Mining Contract
Another term for cloud mining, where users can rent or invest in mining capacity online.
Smart contracts
Self executing contracts on the blockchain without needing human executors or notary.
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
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