TLDR
Bitcoin's crypto world has developed its own dictionary of insider terms that don’t mean anything to uninvolved outsiders. While these terms make effective shorthand in communicating with other crypto pros, they fly in the face of newcomers. Let’s bring some common sense to common crypto terms to help you build your crypto vocabulary. Here are 11 key definitions for key crypto terms: mining, mining, node, block, node and proof of work, mining and mining hard-working. Bitcoin is hard-coded to preserve its ten-minute timeframe for block production.via the TL;DR App
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Written by MS123123! | Marco Streng is the CEO and co-founder of Genesis Group and Genesis Mining.
