Nonce

A one-time number used in mining and transactions.

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What is a nonce?

A nonce is a number used once for a specific purpose. In mining, it is the value miners keep changing as they search for a valid block, and in accounts it can order transactions correctly.

Why it matters

Because it is single use, a nonce helps keep the network secure and prevents old transactions from being replayed. It is a small but important building block of how blockchains work.

Related terms

Direct exchange between two parties without a central intermediary.

A secret code that lets you access and control your crypto. Never share it.

A service that brings outside data onto a blockchain.

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Your Luno app makes investing straightforward, with a clear and intuitive app experience we know you’ll love.