TESTNET - SCRYPT - MT GOX - FIAT CURRENCY -

rssniper (49)in #bitcoin • 6 years ago


TESTNET	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}
SCRYPT	used by developers, it's a test blockchain to prevent expending assets on the main chain.^{Source + Source}
MT GOX	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
FIAT CURRENCY	compared to sha256, this is quicker as it does not use up as much processing time. scrypt is a type of cryptographic algorithm and is used by litecoin. ^{Source + Source}


TESTNET	used by developers, it's a test blockchain to prevent expending assets on the main chain.^{Source + Source}
SCRYPT	compared to sha256, this is quicker as it does not use up as much processing time. scrypt is a type of cryptographic algorithm and is used by litecoin. ^{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}
FIAT CURRENCY	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}

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