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Incentive Mechanism

Abbreviation(s) and Synonym(s):

Reward system

Definition(s):

  See Incentive Mechanism
Source(s):
NISTIR 8202 under Reward system from NISTIR 8202

  See Reward system
Source(s):
NISTIR 8202 under Incentive mechanism

  A means of providing blockchain network users an award for activities within the blockchain network (typically used as a system to reward successful publishing of blocks). Also known as incentive systems.
Source(s):
NISTIR 8202 under Reward system