Validator

A Validator is a critical piece of blockchain networks, they receive and validate transactions. A set of validators, is a collection of validators that have consensus on the same blockchain. The voting power of each validator is based on the number of tokens they have in their account, either owned or delegated (staked) by others. As part of performing this validation, each validator is also responsible for verifying the integrity of the transactions they receive and receive a commission for each transaction, named rewards. ...

January 1, 2020 Β· 1 min Β· Merak

vesting

Vesting is the process of releasing tokens to the public, it might have a cliff or right from the start, but usually both are combined in most projects.

January 1, 2020 Β· 1 min Β· Merak

VPS

A VPS is a Virtual Private Server, that is a virtual machine that is running in a provider, but under total control of the user, allowing to install, upgrade and operate, making them ideal for running testnet nodes

January 1, 2020 Β· 1 min Β· Merak

Wallet

A wallet is a place to hold tokens, it might be online at an exchange, at your browser like metamask or a piece of software running on your computer or mobile phone. A wallet has an address and it’s protected by a seed phrase that is used to restore it on another device and usually by other methods like pin or passwords to protect it from misuse. Each wallet is used on a network and others, allow several networks, providing different addresses on each one to receive the funds or cryptocurrencies. ...

January 1, 2020 Β· 1 min Β· Merak

Wise

Wise.com is a platform to make bank transfers (wire transfers) cheap across countries, which is ideal to bring money from accounts overseas into your own country.

January 1, 2020 Β· 1 min Β· Merak