BITCOIN CASH (BCH) - BLOCK REWARD - CRYPTOGRAPHIC HASH FUNCTION - USAF -

in #bitcoin6 years ago


BITCOIN CASH (BCH)
it’s launch date was 1 st august 2017 to coincide with the bip148 segwit signaling activation. a hard fork of bitcoin led by bitcoin mining pool viabtc that supports ‘big blocks’ of up to 8mb and removes segwit. Source + Source
BLOCK REWARD
the uasf concept was combined with segwit activation in the bip148 proposal which became active on 1st august 2017. it’s a mechanism where the activation time of a soft fork occurs on a specified date enforced by full nodes, a concept sometimes referred to as the economic majority. user activated soft fork. Source + Source
CRYPTOGRAPHIC HASH FUNCTION
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
USAF
the sha-256 computational algorithm is an example of a cryptographic hash. cryptographic hashes produce a fixed-size and unique hash value from variable-size transaction input. Source + Source


BITCOIN CASH (BCH)
it’s launch date was 1 st august 2017 to coincide with the bip148 segwit signaling activation. a hard fork of bitcoin led by bitcoin mining pool viabtc that supports ‘big blocks’ of up to 8mb and removes segwit. 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
CRYPTOGRAPHIC HASH FUNCTION
the sha-256 computational algorithm is an example of a cryptographic hash. cryptographic hashes produce a fixed-size and unique hash value from variable-size transaction input. Source + Source
USAF
the uasf concept was combined with segwit activation in the bip148 proposal which became active on 1st august 2017. it’s a mechanism where the activation time of a soft fork occurs on a specified date enforced by full nodes, a concept sometimes referred to as the economic majority. user activated soft fork. Source + Source

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