Glossary

A numerical value indicating how hard it is to find a valid block hash, automatically adjusted to maintain consistent block production.

Using computational power to validate transactions and add new blocks to a proof-of-work blockchain while earning rewards.

A virtual, interconnected digital universe where users can interact, create, and trade digital assets using cryptocurrency.

A data structure used in blockchains where transaction hashes are organized in a tree pattern, enabling efficient verification.

A cryptographic method to prove a transaction is included in a block without downloading the entire block.

A waiting area for unconfirmed cryptocurrency transactions that have been broadcast but not yet included in a block.

A cryptocurrency inspired by internet memes with minimal utility, often driven purely by community sentiment and virality.

The maximum profit that can be extracted from block production by reordering, including, or excluding transactions.

The maximum number of coins or tokens that will ever exist for a particular cryptocurrency.

A full node in certain cryptocurrency networks that performs additional functions in exchange for block rewards.