BITCOIN - DESKTOP WALLET - MULTI SIGNATURE TRANSACTION - MEDIUM OF EXCHANGE -

realskilled (47)in #bitcoin • 6 years ago


BITCOIN	bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency. ^{Source + Source}
DESKTOP WALLET	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. ^{Source + Source}
MULTI SIGNATURE TRANSACTION	this has the potential to improve consumer protection. a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. ^{Source + Source}
MEDIUM OF EXCHANGE	allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer. ^{Source + Source}


BITCOIN	bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency. ^{Source + Source}
DESKTOP WALLET	allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer. ^{Source + Source}
MULTI SIGNATURE TRANSACTION	this has the potential to improve consumer protection. a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. ^{Source + Source}
MEDIUM OF EXCHANGE	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. ^{Source + Source}

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