PROOF-OF-WORK - DOGECOIN - DIFFICULTY - PROOF OF STAKE -

in #bitcoin6 years ago


PROOF-OF-WORK
a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.Source + Source
DOGECOIN
this refers to how difficult/easily a data blocks of transaction information can be mined successfully.Source + Source
DIFFICULTY
gained a broad international following and quickly grew to have a multi-million dollar market capitalization. features a japanese fighting dog as its mascot. an altcoin first started as a joke in late 2013. 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


PROOF-OF-WORK
a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.Source + Source
DOGECOIN
gained a broad international following and quickly grew to have a multi-million dollar market capitalization. features a japanese fighting dog as its mascot. an altcoin first started as a joke in late 2013. Source + Source
DIFFICULTY
this refers to how difficult/easily a data blocks of transaction information can be mined successfully.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

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