SIDECHAIN - CENTRAL LEDGER - BITCOIN TRANSACTION - BLOCKCHAIN -

rspower (48)in #bitcoin • 7 years ago


SIDECHAIN	as long as a transaction is unconfirmed, it is pending and can be forged. the transaction is known almost immediately by the whole network. after signed, a transaction is broadcasted in the network, sent from one peer to every other peer. only after a specific amount of time the transaction gets confirmed. when a transaction is confirmed, it is set in stone. a transaction is a file that says, “user_a gives x bitcoin to user_b“ and is signed by user_a‘s private key.^{^{Source + Source}}
CENTRAL LEDGER	the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. ^{^{Source + Source}}
BITCOIN TRANSACTION	these can have their own unique features and can have bitcoins sent to and from them. these are theoretical, independent blockchains which are “two way pegged” to the bitcoin blockchain. ^{^{Source + Source}}
BLOCKCHAIN	a ledger that is maintained by a central agency.^{^{Source + Source}}


SIDECHAIN	these can have their own unique features and can have bitcoins sent to and from them. these are theoretical, independent blockchains which are “two way pegged” to the bitcoin blockchain. ^{^{Source + Source}}
CENTRAL LEDGER	a ledger that is maintained by a central agency.^{^{Source + Source}}
BITCOIN TRANSACTION	as long as a transaction is unconfirmed, it is pending and can be forged. the transaction is known almost immediately by the whole network. after signed, a transaction is broadcasted in the network, sent from one peer to every other peer. only after a specific amount of time the transaction gets confirmed. when a transaction is confirmed, it is set in stone. a transaction is a file that says, “user_a gives x bitcoin to user_b“ and is signed by user_a‘s private key.^{^{Source + Source}}
BLOCKCHAIN	the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. ^{^{Source + Source}}

Cryptocurrency News - Top Stories !

The Tax Rules That Have Crypto Users Aghast - Forbes

Forbes: Maybe you got into crypto trading last year. Maybe ... a hodler (someone who believes one should buy Bitcoin or cryptocurrency and hold onto it while it appreciates) whose been going down the rabbit hole since 2011 and received a chunk of Bitcoin ...

Huge interest in Robinhood Crypto has skeptics worried about a ... - CNBC

CNBC: The surge of interest in Robinhood Crypto has brought out skeptics of ... skyrocketing price and the ... ability to provide fair prices.

Crypto, Pot Fever Mean 2018 Is A Great Year To Sell Stocks - Forbes

Forbes: American pop star Prince performing at Wembley, London, 22nd August 1990. (Photo by Graham Wiltshire/Hulton Archive/Getty Images). To borrow a phrase from Prince, in 2018 investors are partying like ... 1999. Prince released his song about celebrating ...

Japanese crypto exchange set to repay victims of a $400 million hack - Yahoo News

Yahoo News: The heist awakened memories of the notorious hack of Japanese cryptocurrency exchange Mt Gox in 2014, which resulted in more than 850,000 bitcoin being stolen from the now defunct exchange. As such, most major digital currencies were in the red for ...

Strix Leviathan wants to build a better enterprise platform for crypto ... - TechCrunch

TechCrunch: We are still in the early days of cryptocurrency — or at least ... what all of the startups that are jumping into this space NOW hope. And when ... a gold rush, ... plenty of money to be made by selling shovels (or ASIC rigs) to miners. It ...and more ...

Crypto Claws: Katy Perry joins the bitcoin bandwagon with a crypto ... - The Independent

The Independent: The latest in a growing number of celebrities, singer Katy Perry has broadcast her affiliation with the cryptocurrency boom with a meretricious manicure. Just when you thought we had reached peaked cryptocurrency, Perry posted a photo of her nails on ...

Just Add Crypto - Forbes

Forbes: The other week, a U.S. company based in Hicksville, NY, best known for selling iced tea changed its name to the Long Blockchain Corp. Its stock rocketed up 275% even though it plans to maintain iced tea as its principle offering. What exactly has it to ...and more ...

Latest posts from our Team !

^{^{^{[ Note for @steemcleaners / @cheetah ] The agreement of our Team: The following authors decided to create a Team in order to collaborate and share formats and content in our posts. Any copy of content between this Team does not constitute a plagiarism: @rstracer @rssniper @matthew.davis @megan.brown @ali.wood @rspower @realskilled}}}