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Nonce: What It Means and How It's Used in Blockchain
In blockchain technology, nonce means a number added to a hashed, or encrypted block, that, when rehashed, meets the difficulty level restrictions. Blockchain miners aim to solve the nonce.
How Does Bitcoin Mining Work? What Is Crypto Mining?
Bitcoin mining is how new bitcoins enter into circulation. It's also a critical component of the security of the blockchain ledger.
What Is a Block in the Crypto Blockchain, and How Does It Work?
Blocks are data structures within a database where cryptocurrency transaction data are permanently recorded; once written, it cannot be altered or removed.
What Is a Hash? Hash Functions and Cryptocurrency Mining
A hash is a function that converts an input of letters and numbers into an encrypted output of a fixed length.
Proof of Capacity (Cryptocurrency) Definition
Proof of Capacity is a consensus mechanism that uses a mining node’s hard drive space to decide the mining rights on the blockchain network.
Target Hash Definition
A target hash sets the difficulty for cryptocurrency mining using a proof-of-work (PoW) blockchain system.
Block Header (Cryptocurrency) Definition
A block header is the unique identity of a particular block on a blockchain and is hashed by miners for rewards.
How Do You Mine Litecoin (LTC)?
Litecoin is a fork of Bitcoin that uses a different protocol. Learn how to mine LTC and decide whether it is profitable based on the costs and competition.
How Bitcoin Works
Miners, hashes, keys, cold storage, blocks—it can all get confusing. Learn more about it all so that you can understand how Bitcoin works beyond a wallet.
Cryptocurrency Difficulty Definition
Cryptocurrency difficulty is a measure of how difficult it is to mine a block in a blockchain for a particular cryptocurrency.