Proof of Work (PoW)

Proof of Work is a consensus mechanism used in blockchain networks to validate and add new blocks to the blockchain. In PoW, participants, known as miners, compete to solve complex mathematical puzzles using computational power. The miner who successfully solves the puzzle first is rewarded with cryptocurrency and gets to add a new block to […]

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Privacy-focused cryptocurrency

A privacy-focused cryptocurrency is a digital currency that emphasizes and prioritizes user privacy and anonymity. Unlike traditional cryptocurrencies, which may have transparent and traceable transactions, privacy-focused cryptocurrencies employ advanced...

Tokenomics

Tokenomics refers to the economics and mechanics behind a cryptocurrency or token. It encompasses various factors such as token supply, distribution, utility, and value dynamics within a blockchain ecosystem. Tokenomics determines how tokens are created, allocated,...

Fiat currency

Fiat currency refers to a government-issued currency that is not backed by a physical commodity like gold or silver. It holds value based on the trust and confidence placed in the issuing government. Examples of fiat currencies include the US dollar, Euro, British...