MiningMining verifies and records cryptocurrency transactions on a digital ledger (blockchain). The approval or verification process for adding new transactions... Read More difficulty is a unit of measurement used to indicate how difficult it is to find a hashA hash is a fixed-length code representing any length of words, messages, or data generated by a hashing algorithm. In... Read More below a given target during cryptocurrencyCryptocurrency is decentralized digital currency secured by cryptography. Cryptocurrency utilizes cryptographic protocols to record ownership and prevent counterfeits (when ownership... Read More mining. The lower the difficulty measure, the easier it is for the minerMiner can refer to either a computer that performs the cryptographic hashing function required to add transaction data to the... Read More to find solutions accepted by the network. This results in more blocks generated and leads to faster transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More confirmations.
