Mining Reward
By CoinGecko | Updated on Mar 03, 2020
The reward resulting from contributing computing resources to process transactions. Mining rewards are usually a mix of newly-minted coins and transaction fees.
Related Terms
Custody
Protective care or guardianship of an asset.
Shitcoin
A coin with no obvious potential value or usage.
Consensus
Consensus is achieved in a blockchain system when all participants agree on the content of the next block that will be added onto the blockchain.
Proof-of-Developer (PoD)
A concept of identifying the developers of a project as a means of vouching reputation for a project
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