SATOSHI - PUBLIC ADDRESS - MT GOX - DETERMINISTIC WALLET -

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


SATOSHI	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{^{Source + Source}}
PUBLIC ADDRESS	based in japan, the exchange was started by jed mccaleb in 2010. mt. gox has since gone into administration. one of the first bitcoin exchanges, and at one time the most popular. ^{^{Source + Source}}
MT GOX	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{^{Source + Source}}
DETERMINISTIC WALLET	unlike private keys, they act as email addresses that can be published anywhere. a public address is the cryptographic hash of a public key. ^{^{Source + Source}}


SATOSHI	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{^{Source + Source}}
PUBLIC ADDRESS	unlike private keys, they act as email addresses that can be published anywhere. a public address is the cryptographic hash of a public key. ^{^{Source + Source}}
MT GOX	based in japan, the exchange was started by jed mccaleb in 2010. mt. gox has since gone into administration. one of the first bitcoin exchanges, and at one time the most popular. ^{^{Source + Source}}
DETERMINISTIC WALLET	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{^{Source + Source}}

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