Glossary
application programming interface.
application-specific integrated circuit. A microchip designed specifically for cryptocurrency mining.
Byzantine Fault tolerance, a property that enables a system to continue operating properly in the event of the failure of (or one or more faults within) some of its components
Decentralized applications, a computer application that runs on a distributed computing system.
graphics processing unit. a special stream processor used in computer graphics hardware.
using a mathematical function to derive a fixed length numeric or alphanumeric string from a piece of data of any length.
a hashrate is the speed at which a computer can solve a hashing problem. The probability of a miner successfully mining a block before anyone else is partially determined by the hashrate of their mining operations.
Proof-of-Authority, a consensus mechanism that is similar to Proof-of-Work, but doesn't requires additional work information from nodes.
Proof-of-Work, a consensus mechanism that is used to deters denial of service attacks and other service abuses such as spam on a network.
ProgPoW represents an ASIC resistant, GPU friendly programmatic Proof-of-Work mining consensus algorithm.
a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract.
