Second-Layer Solutions
By CoinGecko | Updated on Mar 03, 2020
A set of solutions built on top of a public blockchain to extend its scalability and efficiency, especially for micro-transactions or actions. Examples include: Plasma, TrueBit, Lightning Network, and more.
Related Terms
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Automatic Replay Protection
Automatic Replay Protection refers to the upgrade implemented by Bitcoin Cash to stop the loss of funds from exchanges through replay attacks.
Peer to Peer
A communication protocol that does not require a central hub
Mining Pool
Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks.
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