Glossary: Orphan Block

Glossary: Orphan Block

An orphan block is a valid block that gets rejected because another block at the same height was accepted first by the network.

Glossary: Fork

Glossary: Fork

A blockchain fork occurs when a cryptocurrency’s protocol splits into two separate chains, either temporarily or permanently.

Glossary: Transaction Fee

Glossary: Transaction Fee

Extra payment users attach to crypto transactions to incentivize miners to include them in blocks—a bonus on top of the block reward.

Glossary: UTXO

Glossary: UTXO

UTXO (Unspent Transaction Output) represents spendable cryptocurrency — like digital coins you can use. Essential for understanding Bitcoin transactions.

Glossary: SHA-256

Glossary: SHA-256

SHA-256 is the cryptographic hash algorithm used by Bitcoin and some other cryptocurrencies for mining and securing their blockchains.

Glossary: RandomX

Glossary: RandomX

RandomX is a CPU-optimized mining algorithm designed to resist ASICs and FPGAs by using random code execution and memory-intensive operations.

Glossary: KAWPOW

Glossary: KAWPOW

KAWPOW is a GPU-friendly mining algorithm used by Ravencoin that resists ASIC mining through random program generation and memory-intensive operations.

Glossary: Equihash

Glossary: Equihash

Equihash is a memory-hard mining algorithm designed to resist ASICs and favor GPU mining through high RAM requirements.

Glossary: Blake3

Glossary: Blake3

Blake3 is a cryptographic hashing algorithm used by some cryptocurrencies for mining, designed to be extremely fast on both CPUs and GPUs.

Glossary: ASIC

Glossary: ASIC

An ASIC miner is specialized hardware built to mine one specific cryptocurrency algorithm with maximum efficiency and speed.