In the context of blockchain, what is the purpose of a “whale”?

Marina Protocol is a global Web 3.0 tutorial platform with learning materials.

It provides beginners with easy-to-use content and advanced interfaces for activities.

Users can take part in Web 3.0 projects and get rewarded for their experiences.

You can download the app from the Google Play Store and create a new account.

To begin a quiz, open the Marina Protocol app, tap on “Learn & Earn”, and choose the correct answer.

In this guide, you’ll learn the answer to “In the context of blockchain, what is the purpose of a “whale”?” in Marina Protocol.

In the context of blockchain, what is the purpose of a “whale”?

Question: In the context of blockchain, what is the purpose of a “whale”?

Answer: A high-net-worth individual or entity with a significant amount of cryptocurrency.

Further reading

What is the term for the process of creating a new cryptocurrency that shares a portion of its blockchain history with an existing cryptocurrency?

Which blockchain consensus algorithm aims to achieve agreement through a combination of resource ownership, stake, and random selection?

What is the purpose of a “token swap” in the context of blockchain projects?

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