Mining & Staking — Web3 Glossary

126 terms • Part of the Cointegrity Web3 Glossary

Actively Validated Services (AVS) — Actively Validated Services are applications and protocols that leverage restaked cryptocurrency...
Algorand — Algorand is a pure Proof of Stake blockchain platform engineered to solve the blockchain...
ASIC Mining — ASIC mining involves using Application-Specific Integrated Circuits—custom-designed computer chips...
ASIC-Resistant — ASIC-resistant refers to a cryptocurrency mining algorithm intentionally designed to resist...
ASIC-resistant Algorithms — ASIC-resistant algorithms are mining functions deliberately engineered to prevent specialized...
Babylon — Babylon is a Bitcoin staking protocol that enables Bitcoin holders to stake their BTC to secure...
Bakers (Tezos) — Bakers are validators on the Tezos blockchain who participate in the network's Liquid Proof of...
Bitcoin Halving Events — Bitcoin halving events occur approximately every four years (every 210,000 blocks) and permanently...
Bitcoin Staking — The use of Bitcoin as economic collateral to secure proof-of-stake networks or earn yield, a...
Bittensor — Bittensor is a decentralized machine learning network that creates a marketplace for artificial...
Block Producer Layer — The Block Producer Layer is the consensus mechanism component in Delegated Proof of Stake (DPoS)...
Block Reward — The total compensation awarded to miners (in PoW) or validators (in PoS) for successfully producing...
Bonded Proof of Stake — Bonded Proof of Stake is a consensus mechanism where validators must lock up cryptocurrency...
Byzantine Fault Tolerance Delegate Proof of Stake (BFT-DPoS) — BFT-DPoS combines Delegated Proof of Stake governance with Byzantine Fault Tolerance consensus...
Candidate Block — A candidate block is a block that a miner or validator has constructed and is actively attempting...
Cardano — Cardano is a third-generation blockchain platform distinguished by its foundation in peer-reviewed...
Cloud Mining — Cloud mining is a service model where individuals rent mining hardware or computing power from...
Consensus Mechanisms — Consensus mechanisms are the protocols and algorithms that enable distributed networks to reach...
CPU Miner — A CPU miner is an individual or entity that participates in blockchain network consensus by...
CPU Mining — CPU mining is the process of validating cryptocurrency transactions and creating new blocks using a...
Cross-Chain Staking — Cross-chain staking refers to mechanisms that allow users to lock tokens on one blockchain while...
Data Storage Mining — Data storage mining is the process of earning cryptocurrency rewards by contributing unused hard...
Delegated Proof of Contribution (DPoC) (ICON Network) — The consensus and governance protocol of the ICON network. DPoC allows token holders to delegate...
Delegation — Delegation is the process by which cryptocurrency token holders assign their staking rights and...
eETH — The liquid restaking token issued by Ether.fi when users deposit ETH into the protocol,...
Effective Proof of Stake (EPoS) (Harmony) — Effective Proof of Stake is Harmony's modified version of Proof of Stake that reduces validator...
EigenLayer — EigenLayer is a restaking protocol built on Ethereum that enables validators to secure additional...
Electing Nominator — An electing nominator in Polkadot's Nominated Proof-of-Stake (NPoS) system is a token holder who...
Emission Schedule — An emission schedule is a predetermined plan that specifies the rate at which new tokens are...
Ethash — Ethash is the memory-hard proof-of-work algorithm that secured Ethereum from its genesis in 2015...
Ether.fi — Ether.fi is the largest liquid restaking protocol, enabling users to stake ETH and simultaneously...
Ethereum Proof of Stake Transition — The Merge, executed on September 15, 2022, represented Ethereum's transition from proof-of-work...
ezETH — The liquid restaking token issued by Renzo Protocol when users deposit ETH or liquid staking tokens...
Federated Byzantine Agreement (FBA) — Federated Byzantine Agreement is a consensus mechanism where each network node independently...
Forging — Forging is the process of creating and validating new blocks in Proof of Stake (PoS) blockchains,...
GPU Mining — GPU mining is the process of using graphics processing units to solve cryptocurrency mining...
Group Mining — Group mining, commonly known as pool mining, is a collaborative approach where multiple miners...
Hash Rate — The total computational power being contributed to a proof-of-work blockchain network by all...
Hashrate — Hashrate measures the total computational power of a proof-of-work blockchain network, expressed in...
Honeyminer — Honeyminer is a user-friendly cryptocurrency mining software that abstracts away technical...
Incentive Mechanisms — Incentive mechanisms are deliberately engineered reward systems embedded within blockchain...
Jito — Jito is the dominant MEV infrastructure provider and liquid staking protocol on Solana, operating...
JitoSOL — The liquid staking token issued by Jito when users stake SOL through the Jito liquid staking...
Karak Network — Karak Network is a universal restaking protocol designed to extend the restaking model beyond...
Kelp DAO — Kelp DAO is a liquid restaking protocol that issues rsETH, a liquid restaking token representing a...
Leased Proof of Stake (LPoS) — Leased Proof of Stake is a consensus mechanism that democratizes validation participation by...
Lido Finance — Lido Finance is the largest liquid staking protocol that allows users to stake Ethereum without the...
Liquid Restaking Tokens (LRTs) — Liquid Restaking Tokens (LRTs) are derivative blockchain tokens that represent restaked...
Liquid Staking — Liquid staking is a DeFi mechanism that allows users to stake cryptocurrency (securing blockchain...
Liquid Staking Tokens — Liquid staking tokens are derivative tokens that represent a user's staked cryptocurrency in...
Marinade Finance — Marinade Finance is the original liquid staking protocol on Solana that solved the problem of...
Masternodes — Masternodes are full nodes that go beyond standard blockchain validation by performing enhanced...
Megahashes per Second — Megahashes per second (MH/s) is a unit of measurement that quantifies the computational power or...
Merged Mining — Merged mining is a technique allowing miners to simultaneously mine two or more blockchains that...
Mineable — Mineable refers to any cryptocurrency that can be created or earned through the mining process,...
Miners — Miners are network participants who operate computational hardware to solve cryptographic puzzles...
Mining — Mining is the process of validating transactions and securing proof-of-work blockchain networks by...
Mining Algorithm — A mining algorithm is the specific cryptographic hash function or computational puzzle that miners...
Mining Contract — A mining contract is a commercial agreement between an investor and a mining operation company...
Mining Difficulty — Mining difficulty is a dynamically adjusting parameter in proof-of-work blockchains that controls...
Mining Farm — A mining farm is a large-scale cryptocurrency mining operation, typically housed in industrial...
Mining Pools — Mining pools are collaborative networks where individual miners combine their computational...
Mining Reward — A mining reward is the total compensation a miner receives for successfully validating a block and...
Mining Rigs — A mining rig is a specialized computer system optimized for cryptocurrency mining operations....
Mining-as-a-Service — Mining-as-a-Service (MaaS) is a business model where companies provide cryptocurrency mining...
Minting — The process of creating new tokens or digital assets on a blockchain network through various...
mSOL — The liquid staking token issued by Marinade Finance when users stake SOL through the protocol,...
Multi-asset Restaking — A restaking model that accepts a broad range of assets as economic collateral to secure Actively...
Mutualized Proof of Stake (MPoS) — Mutualized Proof of Stake is a consensus mechanism variant where block production rewards are...
Nakamoto Consensus — Nakamoto Consensus is the foundational agreement mechanism that secures Bitcoin and combines Proof...
Native Restaking — A restaking approach in which Ethereum validators extend their staked ETH to secure additional...
Nonce — A nonce is a "number used once" that miners in Proof-of-Work systems repeatedly modify to find a...
Nounce — This term is likely a typo for 'Nonce'. A Nonce (Number only used once) is a number added to a...
Ommer Block — An ommer block, also known as an "uncle block," is a valid block that was mined or validated but...
Orphan Block — An orphan block is a valid block that has been successfully mined and meets all protocol...
Participation Node — A participation node is a validator on the Algorand blockchain that takes an active role in the...
PoS/PoW Hybrid — A PoS/PoW hybrid is a consensus mechanism that combines elements of both Proof of Work and Proof of...
Post-Mine — Post-mine refers to a period of cryptocurrency mining that occurs after a blockchain network's...
Pre-Mining — Pre-mining is the practice of creating and distributing cryptocurrency coins before a project's...
Probabilistic Finality — Probabilistic finality is a consensus property where transactions become progressively more final...
Proof of Activity — Proof of Activity is a hybrid consensus mechanism that combines Proof of Work and Proof of Stake to...
Proof of Capacity (PoC) — Proof of Capacity is a consensus algorithm that allocates mining rights based on the amount of hard...
Proof of Coverage (PoC) — Proof of Coverage is a consensus mechanism used by Decentralized Physical Infrastructure Networks...
Proof of Elapsed Time (PoET) — Proof of Elapsed Time is a consensus mechanism primarily designed for permissioned blockchains that...
Proof of Importance (PoI) — Proof of Importance is a consensus algorithm that selects block validators based on multiple...
Proof of Liquidity — A novel consensus mechanism introduced by Berachain in which validators must provide liquidity to...
Proof of Replication (PoRep) — Proof of Replication is a specialized cryptographic proof that demonstrates a miner possesses a...
Proof of Service — Proof of Service is a consensus system that rewards network participants, often masternodes or...
Proof of Spacetime (PoSt) — Proof of Spacetime is a cryptographic proof mechanism used in decentralized storage networks to...
Proof of Stake (PoS) — Proof of Stake is a consensus mechanism where validators replace miners and are selected to create...
Proof of Storage (PoS) — Proof of Storage is a consensus algorithm where network participants prove they are genuinely...
Proof of Transfer — The consensus mechanism used by the Stacks blockchain, which secures its blocks by requiring miners...
Proof of Validation (PoV) — Proof of Validation is a consensus mechanism where staked validator nodes achieve agreement on the...
Proof of Work (PoW) — Proof of Work is a consensus mechanism that secures blockchain networks by requiring miners to...
pufETH — The liquid restaking token issued by Puffer Finance when users participate in the protocol's native...
Puffer Finance — Puffer Finance is a native liquid restaking protocol designed to democratize restaking by enabling...
Pure Proof of Stake (PPoS) — Pure Proof of Stake is a consensus mechanism that selects validators to propose and confirm blocks...
Renzo — Renzo is a prominent liquid restaking protocol that simplifies participation in restaking by...
Repair Miners — Repair miners are specialized participants proposed for the Filecoin network who would focus on...
Restaking — Restaking is a mechanism that allows cryptocurrency users to re-deploy their already-staked...
Retargeting — Retargeting, also called difficulty adjustment, is the automated process that adjusts mining...
Ring Miners — Ring miners are specialized participants in the Loopring protocol who operate as off-chain order...
Rocket Pool — Rocket Pool is a decentralized Ethereum staking protocol that enables permissionless staking...
rsETH — The liquid restaking token issued by Kelp DAO when users deposit ETH or liquid staking tokens into...
Scrypt — Scrypt is a memory-hard, password-based key derivation function designed to resist brute-force...
Secure Element Chips — Secure Element chips are specialized, tamper-resistant hardware components specifically designed to...
SHA-256 — SHA-256 (Secure Hash Algorithm 256-bit) is a cryptographic hash function that produces a fixed...
Shared Security — A model in which the economic security of one established blockchain network is extended to secure...
Slashing — Slashing is a penalty mechanism in proof-of-stake consensus networks designed to discourage...
Slot (Ethereum) — A slot is a fixed 12-second time interval in Ethereum's Proof of Stake consensus mechanism. During...
Smart Chain Validator Nodes — Smart Chain Validator Nodes are network participants on the BNB Smart Chain (formerly Binance Smart...
Staking — The process of holding and locking cryptocurrency tokens in a blockchain network to support network...
Staking Rewards — Staking rewards are financial incentives distributed to cryptocurrency holders who participate in...
Staking Yield — The return earned by participants who lock cryptocurrency tokens to support network operations,...
Staking-as-a-Service — Staking-as-a-Service platforms automate the technical and operational complexities of...
Stale Block — A stale block is a valid block that has been successfully mined and meets all protocol...
Storage Miners — Storage miners are network participants in decentralized storage systems who contribute their...
Supermajority (Ethereum) — In Ethereum's Proof of Stake consensus protocol, a supermajority represents at least two-thirds of...
Sustainable Blockchain — Sustainable blockchain refers to blockchain networks designed with environmental responsibility as...
Symbiotic — Symbiotic is a permissionless shared security protocol that competes with EigenLayer by offering a...
Tendermint Core Byzantine Fault Tolerance (BFT) — Tendermint Core Byzantine Fault Tolerance is a consensus engine that combines Proof of Stake with...
Terahashes per Second — Terahashes per second (TH/s) is a measurement unit for hash rate representing one trillion (10^12)...
Unbonding Period — An unbonding period is a mandatory lockup duration in proof-of-stake networks between when a...
Validator Client — The software that a blockchain validator runs to participate in the network's consensus process,...
Validator Delegation — The mechanism by which token holders who do not wish to run their own validator nodes can assign...
Validator Nodes — Validator nodes are computers operated by network participants who actively participate in...

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