Nonce

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    Categories: Blockchain

    An arbitrary number used only once in a cryptographic communication, includinge a timestamp. Nonces are used in proof-of-work blockchains to vary the input into a cryptographic hash function, and therefore obtain a unique hash value to satisfy specific arbitrary conditions.

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    Justin Chan
    Dr Chan founded DataDrivenInvestor.com (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.