Stake Delegation
Stake delegation refers to the process where cryptocurrency holders entrust their staking power to a third party, typically a validator or a staking pool, to participate in the network's consensus mechanism on their behalf. This practice is common in proof-of-stake (PoS) and delegated proof-of-stake (DPoS) blockchain networks, where it enhances network security and stability while...
Staking
Staking is a process used in blockchain technology where users lock up a certain amount of their cryptocurrency to support the network's operations, including transaction validation and security. In return, stakers are rewarded with additional cryptocurrency from the network, akin to earning interest in a traditional bank. Evolution and Mechanism of Staking Originally, blockchain networks...
Staking Calculator
Staking calculator is a tool that helps crypto investors estimate potential returns from staking a particular digital asset. It computes rewards based on staking balance, staking tenure, and annual percentage yield (APY). For instance, the growing adoption of Proof of Stake (PoS) consensus model and staking services offered by platforms like MEXC has spurred the...
Staking Crypto
Staking crypto refers to the process of holding cryptocurrency in a digital wallet to support the operations of a blockchain network. Essentially, it involves locking cryptocurrencies to receive rewards. In the rapidly evolving world of cryptocurrency, staking has become a popular method for users to earn passive income while contributing to the stability and security...
Staking Rewards
Staking rewards refer to the earnings accumulated from holding and supporting the operations of a blockchain network by locking cryptocurrencies. These rewards are typically distributed in the form of additional cryptocurrency and are fundamental to the proof-of-stake (PoS) consensus mechanisms. Recent data shows that staking rewards vary significantly across different blockchain networks. For instance, as...
Stale Share
Stale Share is a term referring to rejected shares that are no longer valid due to their late arrival to the mining pool. These shares usually result from network latency or issues with the miner's setup leading to delays in delivering share information to the pool before the next block is hashed. For instance, Bitcoin's...
Stani Kulechov
Stani Kulechov is a prominent figure in the decentralized finance (DeFi) industry, widely recognized as the founder and CEO of Aave. Aave is a DeFi protocol that enables users to borrow and lend different cryptocurrencies in a permissionless environment. With recent market data showing an exponential increase in the adoption of DeFi, Kulechov stands as...
Stanley Druckenmiller
Stanley Druckenmiller is a highly influential American investor, hedge fund manager, and philanthropist, renowned for his acute financial market insights and exceptional investment strategies. He made his mark as the lead portfolio manager for George Soros' Quantum Fund during the 1990s, where he played a pivotal role in decisions that led to the fund profiting...
STARK-Friendly Hash
A "STARK-Friendly Hash" refers to a cryptographic hash function that is optimized for use with STARK (Scalable Transparent ARguments of Knowledge) proof systems. These hash functions are designed to enhance the efficiency and security of blockchain technologies and other decentralized platforms by providing a means to verify large datasets with minimal computational resources. Understanding STARK-Friendly...
State Channel
State channels are a type of off-chain transaction method that allows users to conduct transactions directly with each other, without the need for blockchain confirmation. This technology is primarily used in blockchain networks to increase scalability and speed up transactions. Understanding State Channels State channels were introduced as a solution to the scalability issues faced...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!
