Mineable
By CoinGecko | Updated on Mar 03, 2020
Some cryptocurrencies have a system through which miners can be rewarded with newly-created cryptocurrencies for creating blocks through contributing their hash power. Cryptocurrencies with this ability to generate new cryptocurrencies through the process of confirmation is said to be mineable.
* Not Mineable: Some cryptocurrencies are generated only through other mechanisms, such as annual inflation through staking. These cryptocurrencies are said to be not mineable.
Related Terms
Dead Cat Bounce
Price rally that is short lived after a prolonged decline. Price charts will show a recovery in anticipation of a market turnaround only to decline further.
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
Block
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
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