The systematic study of past human life and culture by the recovery and examination of remaining material evidence, such as graves, buildings, tools, and pottery. [French archÃ©ologie, from New Latin archaeologia, from Greek arkhaiologiÄ, antiquarian lore : arkhaio-, archaeo- + -logiÄ, -logy.]
Mining. In cryptocurrency networks, mining is a validation of transactions. For this effort, successful miners obtain new cryptocurrency as a reward. The reward decreases transaction fees by creating a complementary incentive to contribute to the processing power of the network.
But first of all, letâs examine what a gold backed crypto currency really is, and why you should consider using one. What is a crypto currency? A crypto currency is a relatively modern form of digital currency that operates outside of the traditional fiat currencies we are used to â i.e. those that a government has declared to be legal tender and arenât backed by commodities.