 |  |
| SOLIDITY | also known as tokens, cryptocurrencies are representations of digital assets. |
| MULTI-SIGNATURE | solidity is ethereum’s programming language for developing smart contracts. its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm) |
| CRYPTOCURRENCY | is a payment network built on distributed ledgers that can be used to transfer any currency. the network consists of payment nodes and gateways operated by authorities. payments are made using a series of ious, and the network is based on trust relationships. |
| WALLET | ethereum is a blockchain-based decentralised platform for apps that run smart contracts, and is aimed at solving issues associated with censorship, fraud and third party interference. |
| CONSORTIUM BLOCKCHAIN | a consensus distribution algorithm that requires an active role in mining data blocks, often consuming resources, such as electricity. the more ‘work’ you do or the more computational power you provide, the more coins you are rewarded with. |
| BIP148 | bip148 is a user activated soft fork (uasf) that was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software (which currently is 80% of the network nodes) |
| PROOF OF WORK | a file that houses private keys. it usually contains a software client which allows access to view and create transactions on a specific blockchain that the wallet is designed for. |
| RIPPLE | multi-signature addresses provide an added layer of security by requiring more than one key to authorize a transaction. |
| BLOCK REWARD | a form of incentive for the miner who successfully calculated the hash in a block during mining. verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded a portion of those. |
| ETHEREUM | a blockchain where the consensus process is controlled by a pre-selected set of nodes; for example, a consortium of 15 financial institutions. |
| |  |
| SOLIDITY | solidity is ethereum’s programming language for developing smart contracts. its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm) |
| MULTI-SIGNATURE | multi-signature addresses provide an added layer of security by requiring more than one key to authorize a transaction. |
| CRYPTOCURRENCY | also known as tokens, cryptocurrencies are representations of digital assets. |
| WALLET | a file that houses private keys. it usually contains a software client which allows access to view and create transactions on a specific blockchain that the wallet is designed for. |
| CONSORTIUM BLOCKCHAIN | a blockchain where the consensus process is controlled by a pre-selected set of nodes; for example, a consortium of 15 financial institutions. |
| BIP148 | bip148 is a user activated soft fork (uasf) that was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software (which currently is 80% of the network nodes) |
| PROOF OF WORK | a consensus distribution algorithm that requires an active role in mining data blocks, often consuming resources, such as electricity. the more ‘work’ you do or the more computational power you provide, the more coins you are rewarded with. |
| RIPPLE | is a payment network built on distributed ledgers that can be used to transfer any currency. the network consists of payment nodes and gateways operated by authorities. payments are made using a series of ious, and the network is based on trust relationships. |
| BLOCK REWARD | a form of incentive for the miner who successfully calculated the hash in a block during mining. verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded a portion of those. |
| ETHEREUM | ethereum is a blockchain-based decentralised platform for apps that run smart contracts, and is aimed at solving issues associated with censorship, fraud and third party interference. |
