Aug 11, 2021 | Knowledge Base
This refers to the amount of cryptocurrency sent just to an entity and not elsewhere. In that case, they are considered unspent, but stored in the blockchain.
Aug 11, 2021 | Knowledge Base
An amount paid to the miners for successfully projecting a transaction on the blockchain. It varies depending on the difficulty and overall network capabilities at that moment. If an exchange is involved it could also take some of the overall transaction fee.
Aug 11, 2021 | Knowledge Base
When cryptocurrency moved from one entity to another on a blockchain network.
Aug 11, 2021 | Knowledge Base
the process of mining on your own without sharing computing power with other miners (being in a mining...
Aug 11, 2021 | Knowledge Base
A change to the existing blockchain protocol where previously valid transactions are made invalid. A soft fork is backward-compatible because the old nodes will recognize the new blocks as valid. For a soft fork to work, most of the miners powering the network will...
Aug 11, 2021 | Knowledge Base
A contract written in computer code, set up to execute and carry itself out automatically under specified conditions. When it is on the blockchain, both sides can check it before agreeing to it. Such contracts cannot be tampered with or changed. No need both sides to...
