BITCOIN (UNIT OF CURRENCY) - EVM - PROOF OF STAKE - ASIC -

in bitcoin •  2 months ago


BITCOIN (UNIT OF CURRENCY)
bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis. Source + Source
EVM
every ethereum node runs on the evm to maintain consensus across the blockchain. it is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. the ethereum virtual machine (evm). Source + Source
PROOF OF STAKE
the more you invest in the coin, the more you gain by mining with this protocol. a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. Source + Source
ASIC
often compared to gpus, asics are specially made for mining and may offer significant power savings. short form for ‘application specific integrated circuit’. Source + Source


BITCOIN (UNIT OF CURRENCY)
bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis. Source + Source
EVM
every ethereum node runs on the evm to maintain consensus across the blockchain. it is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. the ethereum virtual machine (evm). Source + Source
PROOF OF STAKE
the more you invest in the coin, the more you gain by mining with this protocol. a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. Source + Source
ASIC
often compared to gpus, asics are specially made for mining and may offer significant power savings. short form for ‘application specific integrated circuit’. Source + Source

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