Hash
By CoinGecko | Updated on Mar 03, 2020
Term used to refer to ‘summary functions or hash functions’. Technically a hash function is an output code (unique and alphanumeric) that we obtain from an input string, which allows us to know if the original string has been altered. It is produced from algorithm and ensure the input in encrypted.
Related Terms
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
Delegated Proof-of-Stake (dPOS)
A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain.
Enterprise Ethereum Alliance (EEA)
Enterprise Ethereum Alliance is made up for a group of Ethereum developers, corporations as well as startups who are collaborating to find ways to use Ethereum for business applications.
Ponzi Scheme
A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.
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