Address Delegation
By Qtum | Updated on Aug 12, 2021
A non-staking wallet transaction that authorizes an online Super Staker to stake the coins (UTXOs really) for that user. The delegation user does not send their coins (they keep complete control) and only sends permission for the Super Staker to provide staking for that address. Sort of a virtual Solo Staker for the user.
Related Terms
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Futures
An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.
IPO
Initial Public Offering (IPO) refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors.
Flappening
Flappening is a term used to describe Litecoin growing bigger and becoming more valuable than Bitcoin Cash (BCH). It is spawned from the term Flippening (used when another crypto overtakes Bitcoin).
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