Search Results for: ASIC

Testnet

It is an alternative blockchain that is used by the developers for the testing purpose. It is basically a separate blockchain where the developers can put new features via their paces without worrying about jeopardizing the main network. The testnets can also offer a valuable simulation tool that offers the …

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Soft Peg

It is a method of retaining the value of a currency within a specific range against a reserve currency by making use of an exchange rate regime. However, there are other peg approaches as well such as the flexible peg and the hard peg. The basic difference between the soft …

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SHO

A strong holder offering (SHO) is generally a fundraising mechanism where the eligible investors are selected based on their on-chain activities and the other proprietary data sets. It enables a project to attract the funding from the individuals who are holders of a specific cryptocurrency. It basically targets the public …

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Scrypt

It is an alternative proof-of-work or PoW algorithm to the SHA-256 and is used in Bitcoin mining. The scrypt mining depends more heavily on memory than on the pure CPU power. It aims to reduce the advantage that the ASICs possess and thus increase network participation as well as energy …

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Pair

It is the trade between one cryptocurrency and another. It is the combination of two cryptocurrencies that facilitates trading on the digital currency exchanges. A dash (—) or a slash (/) usually represents a pair by separating the two tokens. For instance, BTC/ETH or BTC—ETH indicates a pair between Bitcoin …

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