PROOF OF STAKE - SMART CONTRACTS - MULTI SIGNATURE TRANSACTION - BLOCK REWARD -

ali.wood (49)in #bitcoin • 7 years ago


PROOF OF STAKE	smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.^{Source + Source}
SMART CONTRACTS	this has the potential to improve consumer protection. a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. ^{Source + Source}
MULTI SIGNATURE TRANSACTION	verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining. ^{Source + Source}
BLOCK REWARD	the more you invest in the coin, the more you gain by mining with this protocol. a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. ^{Source + Source}


PROOF OF STAKE	the more you invest in the coin, the more you gain by mining with this protocol. a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. ^{Source + Source}
SMART CONTRACTS	smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.^{Source + Source}
MULTI SIGNATURE TRANSACTION	this has the potential to improve consumer protection. a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. ^{Source + Source}
BLOCK REWARD	verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining. ^{Source + Source}

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