• 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.