PEER-TO-PEER NETWORK (P2P) - HASH RATE - DIGITAL ASSET - PAPER WALLET - DESKTOP WALLET - CONSORTIUM BLOCKCHAIN - MARKET ORDER - HALVING - CONFIRMATION - PUBLIC/PRIVATE KEY -

megan.brown (48)in #bitcoin • 7 years ago

PEER-TO-PEER NETWORK (P2P) e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes.
HASH RATE rather than holding them until a set market condition is triggered to try and make a profit; in a bitcoin exchange, you would place a market order if you simply wanted to buy or sell bitcoins immediately. an instruction given to an exchange, asking it to buy or sell an asset at the going market rate.
DIGITAL ASSET allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer.
PAPER WALLET the final halving will take place in the year 2140. the total amount of bitcoins that will ever be issued is 21 million. the number of bitcoins generated per block is decreased 50% every four years and is called halving. bitcoins have a finite supply, which makes them a scarce digital commodity.
DESKTOP WALLET this is a successful act of where the transaction has hashed and added to the blockchain.
CONSORTIUM BLOCKCHAIN represents the performance of the mining rig is expressed in hashes per second. is a measurement.
MARKET ORDER another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message.
HALVING all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption).
CONFIRMATION these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server.
PUBLIC/PRIVATE KEY data that do not possess that right are not considered assets. digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances. anything that exists in a binary format and comes with the right to use.
Source + Source


PEER-TO-PEER NETWORK (P2P)	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes.
HASH RATE	rather than holding them until a set market condition is triggered to try and make a profit; in a bitcoin exchange, you would place a market order if you simply wanted to buy or sell bitcoins immediately. an instruction given to an exchange, asking it to buy or sell an asset at the going market rate.
DIGITAL ASSET	allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer.
PAPER WALLET	the final halving will take place in the year 2140. the total amount of bitcoins that will ever be issued is 21 million. the number of bitcoins generated per block is decreased 50% every four years and is called halving. bitcoins have a finite supply, which makes them a scarce digital commodity.
DESKTOP WALLET	this is a successful act of where the transaction has hashed and added to the blockchain.
CONSORTIUM BLOCKCHAIN	represents the performance of the mining rig is expressed in hashes per second. is a measurement.
MARKET ORDER	another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message.
HALVING	all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption).
CONFIRMATION	these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server.
PUBLIC/PRIVATE KEY	data that do not possess that right are not considered assets. digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances. anything that exists in a binary format and comes with the right to use.

PEER-TO-PEER NETWORK (P2P) these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server.
HASH RATE represents the performance of the mining rig is expressed in hashes per second. is a measurement.
DIGITAL ASSET data that do not possess that right are not considered assets. digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances. anything that exists in a binary format and comes with the right to use.
PAPER WALLET all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption).
DESKTOP WALLET allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer.
CONSORTIUM BLOCKCHAIN e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes.
MARKET ORDER rather than holding them until a set market condition is triggered to try and make a profit; in a bitcoin exchange, you would place a market order if you simply wanted to buy or sell bitcoins immediately. an instruction given to an exchange, asking it to buy or sell an asset at the going market rate.
HALVING the final halving will take place in the year 2140. the total amount of bitcoins that will ever be issued is 21 million. the number of bitcoins generated per block is decreased 50% every four years and is called halving. bitcoins have a finite supply, which makes them a scarce digital commodity.
CONFIRMATION this is a successful act of where the transaction has hashed and added to the blockchain.
PUBLIC/PRIVATE KEY another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message.
Source + Source


PEER-TO-PEER NETWORK (P2P)	these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server.
HASH RATE	represents the performance of the mining rig is expressed in hashes per second. is a measurement.
DIGITAL ASSET	data that do not possess that right are not considered assets. digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances. anything that exists in a binary format and comes with the right to use.
PAPER WALLET	all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption).
DESKTOP WALLET	allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer.
CONSORTIUM BLOCKCHAIN	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes.
MARKET ORDER	rather than holding them until a set market condition is triggered to try and make a profit; in a bitcoin exchange, you would place a market order if you simply wanted to buy or sell bitcoins immediately. an instruction given to an exchange, asking it to buy or sell an asset at the going market rate.
HALVING	the final halving will take place in the year 2140. the total amount of bitcoins that will ever be issued is 21 million. the number of bitcoins generated per block is decreased 50% every four years and is called halving. bitcoins have a finite supply, which makes them a scarce digital commodity.
CONFIRMATION	this is a successful act of where the transaction has hashed and added to the blockchain.
PUBLIC/PRIVATE KEY	another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message.

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7 years ago in #bitcoin by megan.brown (48)

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PEER-TO-PEER NETWORK (P2P) - HASH RATE - DIGITAL ASSET - PAPER WALLET - DESKTOP WALLET - CONSORTIUM BLOCKCHAIN - MARKET ORDER - HALVING - CONFIRMATION - PUBLIC/PRIVATE KEY -

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