Masternodes
By CoinGecko | Updated on Mar 03, 2020
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined. To create a masternode you need a large amount of coins from the cryptocurrency for which it is developed.
Related Terms
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
HODL
A crypto slang of saying holding the assets rather than selling it.
A crypto slang encouraging investors to hold on to their assets rather than selling it.
Bearish
A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
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