CONSENSUS - PUMP AND DUMP - MINING POOL - PAPER WALLET -

realskilled (47)in #bitcoin • 6 years ago


CONSENSUS	the consensus is achieved by ensuring that the ledgers are exact copies of each other and all participants of the network agree on the validity of the transactions. ^{Source + Source}
PUMP AND DUMP	a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. ^{Source + Source}
MINING POOL	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). ^{Source + Source}
PAPER WALLET	when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. the publicity causes others to acquire the asset, forcing up its value. inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. ^{Source + Source}


CONSENSUS	the consensus is achieved by ensuring that the ledgers are exact copies of each other and all participants of the network agree on the validity of the transactions. ^{Source + Source}
PUMP AND DUMP	when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. the publicity causes others to acquire the asset, forcing up its value. inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. ^{Source + Source}
MINING POOL	a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. ^{Source + Source}
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). ^{Source + Source}

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