A system, network, or application that is run on multiple machines simultaneously and can tolerate the failure of any single machine.
Decentralized
Related terms
- ASIC (Application-Specific Integrated Circuit) An ASIC (application-specific integrated circuit) is a chip built for one task.
- Block Explorer A block explorer is a website that lets anyone search a public blockchain and see its blocks, transactions, addresses and balances.
- Block Reward A block reward is the payment a miner receives for adding a new block: newly created coins plus the transaction fees in that block.
- Cloud Mining Cloud mining is renting crypto-mining hardware, or a share of its hashpower, from a company that runs the machines in its own data center.
- Confirmation A confirmation is the inclusion of a transaction in a block.