OPEN SOURCE - SPV - DIGITAL SIGNATURE - HASH RATE - ETHEREUM CLASSIC - HASH - HYBRID POS/POW - NODE - CONSORTIUM BLOCKCHAIN - DECENTRALIZED -

rspower (48)in #bitcoin • 7 years ago

OPEN SOURCE to allow the source to be distributed and altered by anyone.the practice of sharing the source code for a piece of computer software.
SPV is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code.
DIGITAL SIGNATURE ethereum after a hard fork. a split from an existing cryptocurrency.
HASH RATE this is a random and complex mathematical formula used in the verification of blocks of transaction data in the process known as mining. this is used for confirming coin transactions. the act of performing a hash function on the output data.
ETHEREUM CLASSIC a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network.
HASH e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes.
HYBRID POS/POW represents the performance of the mining rig is expressed in hashes per second. is a measurement.
NODE in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network.
CONSORTIUM BLOCKCHAIN means that the currency isn’t issued or regulated by a centralized authority. such as a bank or government. a common term in cryptocurrency.
DECENTRALIZED this allows mobile clients to make payments without needing a copy of the entire blockchain. acronym for “simplified payment verification”.
Source + Source


OPEN SOURCE	to allow the source to be distributed and altered by anyone.the practice of sharing the source code for a piece of computer software.
SPV	is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code.
DIGITAL SIGNATURE	ethereum after a hard fork. a split from an existing cryptocurrency.
HASH RATE	this is a random and complex mathematical formula used in the verification of blocks of transaction data in the process known as mining. this is used for confirming coin transactions. the act of performing a hash function on the output data.
ETHEREUM CLASSIC	a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network.
HASH	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes.
HYBRID POS/POW	represents the performance of the mining rig is expressed in hashes per second. is a measurement.
NODE	in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network.
CONSORTIUM BLOCKCHAIN	means that the currency isn’t issued or regulated by a centralized authority. such as a bank or government. a common term in cryptocurrency.
DECENTRALIZED	this allows mobile clients to make payments without needing a copy of the entire blockchain. acronym for “simplified payment verification”.

OPEN SOURCE to allow the source to be distributed and altered by anyone.the practice of sharing the source code for a piece of computer software.
SPV this allows mobile clients to make payments without needing a copy of the entire blockchain. acronym for “simplified payment verification”.
DIGITAL SIGNATURE is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code.
HASH RATE represents the performance of the mining rig is expressed in hashes per second. is a measurement.
ETHEREUM CLASSIC ethereum after a hard fork. a split from an existing cryptocurrency.
HASH this is a random and complex mathematical formula used in the verification of blocks of transaction data in the process known as mining. this is used for confirming coin transactions. the act of performing a hash function on the output data.
HYBRID POS/POW in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network.
NODE a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network.
CONSORTIUM BLOCKCHAIN e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes.
DECENTRALIZED means that the currency isn’t issued or regulated by a centralized authority. such as a bank or government. a common term in cryptocurrency.
Source + Source


OPEN SOURCE	to allow the source to be distributed and altered by anyone.the practice of sharing the source code for a piece of computer software.
SPV	this allows mobile clients to make payments without needing a copy of the entire blockchain. acronym for “simplified payment verification”.
DIGITAL SIGNATURE	is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code.
HASH RATE	represents the performance of the mining rig is expressed in hashes per second. is a measurement.
ETHEREUM CLASSIC	ethereum after a hard fork. a split from an existing cryptocurrency.
HASH	this is a random and complex mathematical formula used in the verification of blocks of transaction data in the process known as mining. this is used for confirming coin transactions. the act of performing a hash function on the output data.
HYBRID POS/POW	in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network.
NODE	a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network.
CONSORTIUM BLOCKCHAIN	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes.
DECENTRALIZED	means that the currency isn’t issued or regulated by a centralized authority. such as a bank or government. a common term in cryptocurrency.

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7 years ago in #bitcoin by rspower (48)

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OPEN SOURCE - SPV - DIGITAL SIGNATURE - HASH RATE - ETHEREUM CLASSIC - HASH - HYBRID POS/POW - NODE - CONSORTIUM BLOCKCHAIN - DECENTRALIZED -

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