PROOF- OF- STAKE (POS) - ASIC - LEVERAGE - BLOCK -

in #bitcoin6 years ago


PROOF- OF- STAKE (POS)
leverage is also known as a margin requirement. by giving leverage to a trader, the trading exchange is effectively lending them money, in the hope that it will earn back more than it loaned in commission. in foreign or cryptocurrency trading, leverage multiplies the real funds in your account by a given factor, enabling you to make trades that result in significant profit. Source + Source
ASIC
the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. Source + Source
LEVERAGE
they carry permanently recorded data on the blockchain network. blocks are packages of data. Source + Source
BLOCK
often compared to gpus, asics are specially made for mining and may offer significant power savings. short form for ‘application specific integrated circuit’. Source + Source


PROOF- OF- STAKE (POS)
the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. Source + Source
ASIC
often compared to gpus, asics are specially made for mining and may offer significant power savings. short form for ‘application specific integrated circuit’. Source + Source
LEVERAGE
leverage is also known as a margin requirement. by giving leverage to a trader, the trading exchange is effectively lending them money, in the hope that it will earn back more than it loaned in commission. in foreign or cryptocurrency trading, leverage multiplies the real funds in your account by a given factor, enabling you to make trades that result in significant profit. Source + Source
BLOCK
they carry permanently recorded data on the blockchain network. blocks are packages of data. Source + Source

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