SIDECHAIN - ASYMMETRIC KEY ALGORITHM - WIRE TRANSFER - MT GOX -

in #bitcoin6 years ago


SIDECHAIN
public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. Source + Source
ASYMMETRIC KEY ALGORITHM
these can have their own unique features and can have bitcoins sent to and from them. these are theoretical, independent blockchains which are “two way pegged” to the bitcoin blockchain. Source + Source
WIRE TRANSFER
commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another. 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


SIDECHAIN
these can have their own unique features and can have bitcoins sent to and from them. these are theoretical, independent blockchains which are “two way pegged” to the bitcoin blockchain. Source + Source
ASYMMETRIC KEY ALGORITHM
public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. Source + Source
WIRE TRANSFER
commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another. 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

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