Block Producer

« Back to Glossary Index

A BP is a person or group whose hardware has been chosen to verify the transactions of a block and begin the next block on most of the Proof-of-Stake (PoS) blockchains. The block producers are also termed as witnesses or delegates.

« Back to Glossary Index

Check Also

bitcoin-dominance

Bitcoin Dominance: A Greater Aspect Of The Crypto Space

Bitcoin is the largest digital currency in the world as per market capitalization and demands …