P2Pool is a decentralized Bitcoin mining pool that works by creating a peer-to-peer network of miner nodes.. P2Pool creates a new block chain in which the difficulty is adjusted so a new block is found every 30 seconds. The blocks that get into the P2Pool block chain (called the "share chain") are the same blocks that would get into the Bitcoin block chain, only they have a lower difficulty ... Faucet: A website that offer free bitcoin for completing a simple task, such as clicking on an advert. Hot wallet: An internet connected wallet. IPO: Initial Public Offering. Mining: A way of generating new bitcoins. P2P: Peer-to-peer. Satoshi: The smallest subdivision of a bitcoin (0.00000001BTC) Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin Withdrawal Fee: None (but you can set a custom transaction fee in sats/byte for receiving bitcoins.) For both Bitcoin Trading and Withdrawals: KYC is not Required. Hodl Hodl is a global peer to peer (P2P) Bitcoin trading platform that allows users to trade directly with each other. Traceability of payment transactions (e.g., Bitcoin) Traceability of identities (e.g., Civic) Extreme anonymization of transactions (e.g., ZCash, Monero)
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