 |  |
| BITCOIN (UNIT OF CURRENCY) | a very dangerous threat for cryptocurrency users. often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. this can cause a sustained downtime on said network or even make them crash completely. |
| DISTRIBUTED DENIAL OF SERVICE (DDOS) | blocks are packages of data that carry permanently recorded data on the blockchain network. |
| DIGITAL SIGNATURE | 100,000,000 satoshis. a unit of the decentralized, digital currency which can be traded for goods and services. bitcoin also functions as a reserve currency for the altcoin ecosystem. |
| ADDRESS | is the native token of the ethereum blockchain which is used to pay for transaction fees, miner rewards and other services on the network. |
| BLOCK | a digital code generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. |
| ALTCOINS | 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. |
| PUBLIC/PRIVATE KEY | a name coined as the merger of the words bitcoin and alternative. these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency |
| ETHER | cryptocurrency addresses are used to send or receive transactions on the network. an address usually presents itself as a string of alphanumeric characters. |
| PROOF OF STAKE | in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. another party can then receive the message and using a key that is only known to that individual or group, decode the message. |
| PRIVATE KEY | a private key is a string of data that allows you to access the tokens in a specific wallet. they act as passwords that are kept hidden from anyone but the owner of the address. |
| |  |
| BITCOIN (UNIT OF CURRENCY) | 100,000,000 satoshis. a unit of the decentralized, digital currency which can be traded for goods and services. bitcoin also functions as a reserve currency for the altcoin ecosystem. |
| DISTRIBUTED DENIAL OF SERVICE (DDOS) | a very dangerous threat for cryptocurrency users. often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. this can cause a sustained downtime on said network or even make them crash completely. |
| DIGITAL SIGNATURE | a digital code generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. |
| ADDRESS | cryptocurrency addresses are used to send or receive transactions on the network. an address usually presents itself as a string of alphanumeric characters. |
| BLOCK | blocks are packages of data that carry permanently recorded data on the blockchain network. |
| ALTCOINS | a name coined as the merger of the words bitcoin and alternative. these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency |
| PUBLIC/PRIVATE KEY | in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. another party can then receive the message and using a key that is only known to that individual or group, decode the message. |
| ETHER | is the native token of the ethereum blockchain which is used to pay for transaction fees, miner rewards and other services on the network. |
| 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. |
| PRIVATE KEY | a private key is a string of data that allows you to access the tokens in a specific wallet. they act as passwords that are kept hidden from anyone but the owner of the address. |
