TURING COMPLETE - MARGIN CALL - BIP148 - HARD FORK - PROOF- OF- STAKE (POS) - GENESIS BLOCK - OTC EXCHANGE - CONFIRMATION - PROOF OF STAKE - MARKET ORDER -

in #bitcoin7 years ago


TURING COMPLETE a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. the more you invest in the coin, the more you gain by mining with this protocol.
MARGIN CALL concept states that a person can mine or validate block transactions according to how many coins he or she holds. this means that the more bitcoin or altcoin owned by a miner, the more mining power he or she has.
BIP148 an instruction given to an exchange, asking it to buy or sell an asset at the going market rate. in a bitcoin exchange, you would place a market order if you simply wanted to buy or sell bitcoins immediately, rather than holding them until a set market condition is triggered to try and make a profit.
HARD FORK the successful act of hashing a transaction and adding it to the blockchain.
PROOF- OF- STAKE (POS) the act of calling in a margin requirement. an exchange will issue a margin call when it feels that a trader does not have sufficient funds to cover a leveraged trading position.
GENESIS BLOCK turing complete refers to the ability of a machine to perform calculations that any other programmable computer is capable of. an example of this is the ethereum virtual machine (evm).
OTC EXCHANGE a type of fork that renders previously invalid transactions valid, and vice versa. this type of fork requires all nodes and users to upgrade to the latest version of the protocol software.
CONFIRMATION bip148 is a user activated soft fork (uasf) that was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software (which currently is 80% of the network nodes)
PROOF OF STAKE an exchange in which traders make deals with each other directly, rather than relying on a central exchange to mediate between them
MARKET ORDER the first or first few blocks of a blockchain.


TURING COMPLETE turing complete refers to the ability of a machine to perform calculations that any other programmable computer is capable of. an example of this is the ethereum virtual machine (evm).
MARGIN CALL the act of calling in a margin requirement. an exchange will issue a margin call when it feels that a trader does not have sufficient funds to cover a leveraged trading position.
BIP148 bip148 is a user activated soft fork (uasf) that was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software (which currently is 80% of the network nodes)
HARD FORK a type of fork that renders previously invalid transactions valid, and vice versa. this type of fork requires all nodes and users to upgrade to the latest version of the protocol software.
PROOF- OF- STAKE (POS) concept states that a person can mine or validate block transactions according to how many coins he or she holds. this means that the more bitcoin or altcoin owned by a miner, the more mining power he or she has.
GENESIS BLOCK the first or first few blocks of a blockchain.
OTC EXCHANGE an exchange in which traders make deals with each other directly, rather than relying on a central exchange to mediate between them
CONFIRMATION the successful act of hashing a transaction and adding it to the blockchain.
PROOF OF STAKE a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. the more you invest in the coin, the more you gain by mining with this protocol.
MARKET ORDER an instruction given to an exchange, asking it to buy or sell an asset at the going market rate. in a bitcoin exchange, you would place a market order if you simply wanted to buy or sell bitcoins immediately, rather than holding them until a set market condition is triggered to try and make a profit.
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Hello colleague @ali.wood, I hope you feel very well :D. Very good post, I voted for it. I would like to invite you to follow me on my page @emmanuel250998 where I will be uploading every day the latest news about the world of cryptocurrencies. I also invite you to vote for my last post:

https://steemit.com/bitcoin/@emmanuel250998/cryptocurrency-exchange-houses-are-the-main-target-of-attacks-ddos

I would very much appreciate your support. A big hug and greetings from Venezuela ;)

Hi @emmanuel250998,
Thank you for your comment and your vote. I'll take a look at your blog too.

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