BLOCK REWARD - LIQUIDITY - CROWDSOURCING - BLOCK HEIGHT -

in #money6 years ago


BLOCK REWARD
verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining. Source + Source
LIQUIDITY
the result of an illiquid market is price volatility, and the inability to easily determine the value of an asset. a suitably large community of buyers and sellers is important for liquidity. the ability to buy and sell an asset easily, with pricing that stays roughly similar between trades. Source + Source
CROWDSOURCING
a number that represents how many blocks are connected on the blockchain.Source + Source
BLOCK HEIGHT
this is usually done online via websites where people can donate. the pooling of resources such as information or money contributed by the general population, to a goal. Source + Source


BLOCK REWARD
verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining. Source + Source
LIQUIDITY
the result of an illiquid market is price volatility, and the inability to easily determine the value of an asset. a suitably large community of buyers and sellers is important for liquidity. the ability to buy and sell an asset easily, with pricing that stays roughly similar between trades. Source + Source
CROWDSOURCING
this is usually done online via websites where people can donate. the pooling of resources such as information or money contributed by the general population, to a goal. Source + Source
BLOCK HEIGHT
a number that represents how many blocks are connected on the blockchain.Source + Source

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