Preconfirmations
Preconfirmations are a way for validators to give a temporary assurance that a transaction will be included in the next block they create, helping to reduce the wait time between when a transaction is submitted and when it is officially confirmed in the blockchain.
More terms under P
- Pre-IDOPre-IDO is when a cryptocurrency project offers its tokens to investors before the official launch on a decentralized exchange (IDO).
- Pre-MinePre-mine is when a portion of a cryptocurrency's total supply is created before it is made available to the public.
- Pre-SaleA pre-sale is when a new cryptocurrency is sold to a select group of investors before it becomes available to the general public.
- Prediction MarketPrediction markets are platforms where people can buy and sell bets on the outcomes of future events. They show how confident the crowd is about what will…
- Price ImpactPrice impact is the change in the price of a cryptocurrency caused by the size of a trade.
- Privacy CoinsCryptocurrencies that focus on keeping transactions and user identities hidden for better privacy.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.