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
Microtransaction
Microtransaction is a system that made very small payments possible in buying the common digital goods and services, such as purchasing items in a game.
InterPlanetary File System (IPFS)
The InterPlanetary File System (IPFS) is a peer-to-peer network and distributed file system protocol for storing and transferring data.
Staking
The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.
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.
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