A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Pay-Per-Last N Shares (PPLNS)

PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.

Pay-Per-Share (PPS)

You are compensated for each valid share that you contribute. Each share is worth a set amount of cryptocurrency that may be mined.

Peer to Peer

A communication protocol that does not require a central hub

Permissioned Blockchain

It is a private blockchain where the nodes must be previously authorized by a central entity.

PFP

It means both 'profile pic' and 'picture for proof'.

Ponzi Scheme

A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.

Portfolio

A portfolio consists all of your current crypto holdings in one place.

Pre-sale

A typically exclusive token sale event preceding a public ICO

Privacy Coins

Cryptocurrencies that are designed with transaction anonimity and user privacy in mind.

Private Keys

The alphanumeric string which allows transactions from the cryptocurrency address

Proof-of-Authority (PoA)

A consensus algorithm that asigns block validation queue based on identity and reputation.

Proof-of-Burn (PoB)

A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.

Proof-of-Developer (PoD)

A concept of identifying the developers of a project as a means of vouching reputation for a project

Proof of Stake (PoS)

A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.

Proof of Work (PoW)

A consensus algorithm in which a block is validated via mathematical hashing

Protocol

The set of rules in a network in which participating members comply to allow proper communication.

Public Blockchain

An open sourced blockchain where participation is public and permissionless

Public Keys

The alphanumeric string which serves as a public receiving address in cryptocurrencies.

Pump and Dump Scheme

A market manipulation method to drive up the price of an asset before profiting by driving it back down.