SMART CONTRACTS - MIXING SERVICE - LIGHT NODE - MULTI-SIGNATURE -

in #bitcoin6 years ago


SMART CONTRACTS
it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it. Source + Source
MIXING SERVICE
multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.Source + Source
LIGHT NODE
a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings. Source + Source
MULTI-SIGNATURE
smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.Source + Source


SMART CONTRACTS
smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.Source + Source
MIXING SERVICE
it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it. Source + Source
LIGHT NODE
a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings. Source + Source
MULTI-SIGNATURE
multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.Source + Source

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