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
- Banking-as-a-Service (BaaS) Definition
- Mutual Distributed Ledger (MDL) Definition
- Software Development Kit (SDK) Definition
- Delegated Proof-of-Stake (DPoS) Definition
- Public Key Definition
