Glossary

Coin age

In Proof of Stake, the amount of time a coin or token has not been part of a transaction.

July 14, 2018

Consensus algorithm

See “Consensus mechanism”

July 14, 2018

Consensus mechanism

The algorithm by which nodes in a blockchain reach an agreement over the state of the chain itself, i.e. what transactions happened and the balances of every participant. This is extremely important as a way to deter malicious actors, offering...

July 14, 2018