COLD STORAGE - CENTRAL LEDGER - BLOCK HEIGHT - MEDIUM OF EXCHANGE -

realskilled (47)in #bitcoin • 6 years ago


COLD STORAGE	these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”. ^{Source + Source}
CENTRAL LEDGER	a number that represents how many blocks are connected on the blockchain.^{Source + Source}
BLOCK HEIGHT	a ledger that is maintained by a central agency.^{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}


COLD STORAGE	these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”. ^{Source + Source}
CENTRAL LEDGER	a ledger that is maintained by a central agency.^{Source + Source}
BLOCK HEIGHT	a number that represents how many blocks are connected on the blockchain.^{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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