CENTRAL LEDGER - PRIVATE KEY - IPFS - SCRYPT -

in #bitcoin6 years ago


CENTRAL LEDGER
they act as passwords that are kept hidden from anyone but the owner of the address. a private key is a string of data that allows you to access the tokens in a specific wallet. Source + Source
PRIVATE KEY
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
IPFS
it is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. the interplanetary file system (ipfs) is a hypermedia distribution protocol, addressed by content and identities. Source + Source
SCRYPT
a ledger that is maintained by a central agency.Source + Source


CENTRAL LEDGER
a ledger that is maintained by a central agency.Source + Source
PRIVATE KEY
they act as passwords that are kept hidden from anyone but the owner of the address. a private key is a string of data that allows you to access the tokens in a specific wallet. Source + Source
IPFS
it is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. the interplanetary file system (ipfs) is a hypermedia distribution protocol, addressed by content and identities. 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

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