Whitelist
By CoinGecko | Updated on Mar 03, 2020
In the context of the cryptocurrency industry, a trader will be placed in a whitelist after completing some form of KYC checks, which will allow the trader early access to a token sale event. Typically, traders wants to be placed in a whitelist as that puts them in a potential advantage as they can purchase the token prior to a public token sale at which the coin will be sold at a higher price to the public.
Related Terms
Genesis Block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
Immutable
A property characterized by inability to be change and stays unchanged over time.
Salt (cryptography)
In cryptography, a salt is the additional random input that is added to password or passphrase to make the password hash unique. It prevents from the hashed output password to be cracked so easily by the hacker.
Solo Staker
A Qtum PoS miner using their own coins for staking. Qtum blockchain launched with Solo Stakers and will continue to have this available after offline staking launches.
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