Scrypt
By CoinGecko | Updated on Mar 03, 2020
In cryptography, scrypt (pronounced "ess crypto) is a an algoritm used in some proof-of-work cryptocurrencies. The algorithm was specifically designed to be computationally harder to mine by requiring large amounts of memory
Related Terms
Microtransaction
Microtransaction is a system that made very small payments possible in buying the common digital goods and services, such as purchasing items in a game.
Dominance
Typically refers to Bitcoins' market capitalization dominance.
Shilling
One who poses as a enthsiastic customer to swindle others as a form of covert advestising.
zkOracle
A zkOracle is an advanced concept in blockchain technology that combines the properties of oracles with the principles of zero-knowledge proofs.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.