Baking
Definition of what Baking stands for (in finance):
The process of validating and adding new blocks to a blockchain, similar to mining but used in proof-of-stake systems like Tezos.
More Term Definitions
- BI (Blockchain Insurance Industry Initiative) Definition
- Verifiable Credentials Definition
- Average Revenue Per User (ARPU)
- Stellar Consensus Protocol (SCP) Definition
- Wisdom Of Crowds (WoC) Definition