SATOSHI - HOT WALLET - CONFIRMATION - HARD FORK -

rspower (48)in #bitcoin • 7 years ago


SATOSHI	this is a successful act of where the transaction has hashed and added to the blockchain.^{^{Source + Source}}
HOT WALLET	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{^{Source + Source}}
CONFIRMATION	a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa. ^{^{Source + Source}}
HARD FORK	these are used for “every day” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security. a bitcoin wallet that has an active connection to the internet. ^{^{Source + Source}}


SATOSHI	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{^{Source + Source}}
HOT WALLET	these are used for “every day” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security. a bitcoin wallet that has an active connection to the internet. ^{^{Source + Source}}
CONFIRMATION	this is a successful act of where the transaction has hashed and added to the blockchain.^{^{Source + Source}}
HARD FORK	a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa. ^{^{Source + Source}}

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