MT GOX - PROOF OF WORK - COLD STORAGE - BITCOIN CASH (BCH) -

MT GOX	the more ‘work’ you do or the more computational power you provide, the more coins you are rewarded with. a consensus distribution algorithm that requires an active role in mining data blocks, often consuming resources, such as electricity. Source + Source
PROOF OF WORK	these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”. Source + Source
COLD STORAGE	based in japan, the exchange was started by jed mccaleb in 2010. mt. gox has since gone into administration. one of the first bitcoin exchanges, and at one time the most popular. Source + Source
BITCOIN CASH (BCH)	it’s launch date was 1 st august 2017 to coincide with the bip148 segwit signaling activation. a hard fork of bitcoin led by bitcoin mining pool viabtc that supports ‘big blocks’ of up to 8mb and removes segwit. Source + Source

MT GOX	based in japan, the exchange was started by jed mccaleb in 2010. mt. gox has since gone into administration. one of the first bitcoin exchanges, and at one time the most popular. Source + Source
PROOF OF WORK	the more ‘work’ you do or the more computational power you provide, the more coins you are rewarded with. a consensus distribution algorithm that requires an active role in mining data blocks, often consuming resources, such as electricity. Source + Source
COLD STORAGE	these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”. Source + Source
BITCOIN CASH (BCH)	it’s launch date was 1 st august 2017 to coincide with the bip148 segwit signaling activation. a hard fork of bitcoin led by bitcoin mining pool viabtc that supports ‘big blocks’ of up to 8mb and removes segwit. Source + Source

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