DECENTRALIZED - BLOCKCHAIN - DIGITAL SIGNATURE - PROOF OF STAKE -

matthew.davis (49)in #bitcoin • 6 years ago


DECENTRALIZED	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}
BLOCKCHAIN	means that the currency isn’t issued or regulated by a centralized authority. such as a bank or government. a common term in cryptocurrency.^{Source + Source}
DIGITAL SIGNATURE	is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code. ^{Source + Source}
PROOF OF STAKE	the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. ^{Source + Source}


DECENTRALIZED	means that the currency isn’t issued or regulated by a centralized authority. such as a bank or government. a common term in cryptocurrency.^{Source + Source}
BLOCKCHAIN	the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. ^{Source + Source}
DIGITAL SIGNATURE	is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code. ^{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}

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