PROOF- OF- STAKE (POS) - COLD STORAGE - ADDRESS - CRYPTOCURRENCY -

in bitcoin •  8 months ago


PROOF- OF- STAKE (POS)
cryptocurrencies are representations of digital assets. also known as tokens. 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
ADDRESS
an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network. Source + Source
CRYPTOCURRENCY
the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. Source + Source


PROOF- OF- STAKE (POS)
the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. 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
ADDRESS
an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network. Source + Source
CRYPTOCURRENCY
cryptocurrencies are representations of digital assets. also known as tokens. Source + Source

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