Kimoto Gravity Well (KGW)
An algorithm that adjusts the mining difficulty of a PoW bockchain network so that all miners are given a better chance at validating transactions. KGW smoothes out the re-targeting of mining resources to make it difficult for mining pools to gain an unfair advantage in receiving block rewards.
KYC
Abbreviation for Know Your Customer. Refers to the set of personal information that financial service providers must gather to comply with AML (Anti Money Laundering) laws.
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